Seller Retirement Plan definition

Seller Retirement Plan means each scheme, plan, fund or arrangement of Seller, which provides Retirement Benefits to or, in respect of Automatic Transfer Employees (not including any mandatory state or social security plan or Industry-Wide Plan in which any member of Seller participates for the benefit or, in respect of Automatic Transfer Employees).
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Seller Retirement Plan has the meaning set forth in Section 6.11(e).
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Seller Retirement Plan means each scheme, plan, fund or arrangement of Seller, whether written or oral, which provides Retirement Benefits to or, in respect of Automatic Transfer Employees (not including any mandatory state or social security plan or Industry‑Wide Plan in which any member of Seller participates for the benefit or, in respect of Automatic Transfer Employees).
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Examples of Seller Retirement Plan in a sentence

  • The amounts under the preceding two paragraphs shall be determined jointly by the respective actuaries for the Seller Retirement Plan and the Transferee Pension Plan.

  • Affected Employees who are participants in the Seller Retirement Plan shall be entitled to the payment of benefits under the Seller Retirement Plan solely in accordance with its terms.

  • With respect to each Seller Retirement Plan, the excess, if any, of the amount described in clause (x) of the preceding sentence over the amount described in clause (y) therein, is referred to herein as the "Pension Shortfall Amount".

  • Years of Service in respect of the Automatic Transfer Employees under any Seller Retirement Plan shall count as Years of Service under any relevant retirement benefit arrangement operated or nominated by Buyer for the purpose of vesting, eligibility for benefits, early retirement or termination subsidies, levels of contribution and, subject to Section 7.1(b) (relating to non‑duplication of benefits) and Section 7.2(b)(i), benefit accrual.

  • Neither Buyer nor any of its Affiliates shall become sponsoring employers of the Retirement plan of International Paper Company (the "Seller Retirement Plan").


More Definitions of Seller Retirement Plan

Seller Retirement Plan as defined in Section 10.5(d).
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Seller Retirement Plan has the meaning set forth in Section 5.11.7.
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Seller Retirement Plan shall have the meaning assigned to such term in Section 9(c). 2.40 "Settlement Date" shall mean the date referred to in Section 3.4(g).
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Seller Retirement Plan means each of the L3Harris Technologies, Inc. Retirement Savings Plan (RSP) and the L3Harris Technologies, Inc. Excess Retirement Savings Plan (ERSP), each as amended from time to time.
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Seller Retirement Plan has the meaning set out in Paragraph 1.1 of Schedule 5;
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Seller Retirement Plan has the meaning set forth in Section 4.3(e).
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Seller Retirement Plan means the 401(k) Retirement Plan in effect at the Sellers.
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