Target Plan definition

Target Plan means the required number of geared-to-income units and the number of modified/special needs units to be maintained in the Co-op as established under Section 98 of the Social Housing Reform Act and as continued under Section 77 of the Housing Services Act.

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Target Plan means the plan of the Company as agreed between the Parties for incentivizing the management to achieve Substantial Performance (as defined herein below) and attached hereto as Schedule 8;

Target Plan means each material employee benefit plan (within the meaning of Section 3(3) of the Employment Retirement Income Security Act of 1974 (“ERISA”), including each “employee pension benefit plan” (as defined in Section 3(2) of ERISA), and each “employee welfare benefit plan” (as defined in Section 3(1) of ERISA), each material employee benefit plan maintained outside the United States (such as social security insurance in China), and each other material plan, arrangement or policy (written or oral) to provide benefits, other than salary or commissions, as compensation for services rendered, including, without limitation, employment agreements, executive compensation agreements, incentive arrangements, salary continuation, stock option, stock grant or stock purchase rights, phantom rights, deferred compensation, bonus, severance policies or agreements, retention policies or agreements, change in control policies or agreements, fringe benefits or other employee benefits, in each case maintained or sponsored by Target or any of its Subsidiaries or to which Target or any of its Subsidiaries contributes to or for which Target or any of its Subsidiaries has or may have any liability, contingent or otherwise, either directly or as a result of a Target ERISA Affiliate, or any other plan, arrangement or policy mandated by applicable Law, for the benefit of any current, former or retired employee, officer, consultant, independent contractor or director of Target, its Subsidiaries or any Target ERISA Affiliate (collectively, the “Target Employees”). Target has made available to Parent copies of all material documents constituting the Target Plans, the three most recently filed Forms 5500 for such Target Plans and financial statements attached thereto, all Internal Revenue Service (the “IRS”) determination letters for the Target Plans, all notices that were issued within the preceding three years by the IRS, Department of Labor, or any other Governmental Body with respect to the Target Plans, all employee manuals or handbooks containing personnel or employee relations policies, and all other material documents relating to the Target Plans. For purposes of this Section 3.10, the term Target includes any Target ERISA Affiliate. The term “Target ERISA Affiliate” means any person, that together with Target, is or was at any time treated as a single employer under section 414 of the Code or section 4001 of ERISA and any general partnership of which Target is or has been a gen...

Examples of Target Plan in a sentence

• No Target Plan provides any non-pension post-retirement or post-employment benefits.

• All contributions or premiums required to be made by Target or any of its subsidiaries, as the case may be, under the Terms of each Target Plan or by applicable Laws have been made in a timely fashion in accordance with applicable Laws and the terms of the Target Plans except as would not reasonably be expected to have a Material Adverse Effect on Target.

• Purchaser also shall be considered a successor employer for and shall provide to “qualified beneficiaries,” determined immediately prior to the Effective Time, under any Target Plan appropriate “continuation coverage” (as those terms are defined in Section 4980B of the Internal Revenue Code) following the Effective Time under either the Target Plan or any successor group health plan maintained by Purchaser.

• For purposes of calculating the Performance Bonus, if any due to Employee in the event of such a termination, Employer shall apply the Target Plan achievement as of the end of the fiscal year preceding the fiscal year during which the termination becomes effective.

• The proposed Customer Target Plan shall be based on those indications for which Regulatory Approval has been received and any additional indications reasonably expected to be approved during such year.

• In the event of a Change in Control, if the performance metrics described above are not achieved, the Below Target Plan RSUs, On Target Plan RSUs, and/or Upside Plan RSUs, as applicable, shall be forfeited and cancelled.

• The Parties may amend their respective Customer Target Plan prior to the end of any calendar year to address any unforeseen change in market or business conditions, provided that such amended Customer Target Plan is reviewed and approved by the US JSC.

• In connection with the establishment of the U.S. Commercialization Plan and Customer Target Plan (and any amendment to either such plans), the Parties will establish defined and mutually acceptable performance metrics for the Customer Target Plan and other mutually agreed activities as determined appropriate by the Parties in accordance with the U.S. Commercialization Plan (such performance metrics, “Performance Metrics”).

• The assumption by Acquiror of Target Options in accordance with Section 6.5 hereunder will not (i) give the optionees additional benefits which they did not have under their options prior to such assumption (after taking into account the existing provisions of the options, such as their respective exercise prices and vesting schedules) and (ii) constitute a breach of the Target Plan or any agreement entered into pursuant to such plan.

• For each Target Plan, the IRO shall compare the sampled HCPs and HCIs against the criteria (e.g., medical specialty or practice area) used by GSK in conducting its review and/or modifying the Target Plan.

More Definitions of Target Plan

Target Plan means, with respect to a particular Sanofi Target, the written plan agreed by the JSC [*].

Target Plan means all Plans of which the Target or an ERISA Affiliate is or was a Plan Sponsor, or to which the Target or an ERISA Affiliate otherwise contributes or has contributed, or in which the Target or an ERISA Affiliate otherwise participates or has participated. All references to Plans are to Target Plans unless the context requires otherwise.

Target Plan as defined in SECTION 4.18.

Target Plan has entered into or proposes entering into any "prohibited transaction" (as such term is defined in ERISA section 406 and Code section 4975); and (vi) no Target Plan is subject to Title IV of ERISA, ERISA section 302 or Code section 412 (including, without limitation, a multiemployer plan within the meaning of section 4001(a)(3) of ERISA).

Target Plan means the U.S. Monolithics, LLC 2000 Unit Incentive Plan (as amended to date).