Welfare Benefit Plans means those Benefit Plans which are "welfare benefit plans" as defined by ERISA.

Welfare Benefit Plans means "welfare plans" as defined in Section 3(1) of ERISA.

Examples of Welfare Benefit Plans in a sentence

In July 2015, the FASB issued ASU 2015-12, Plan Accounting: Defined Benefit Pension Plans (Topic 960), Defined Contribution Pension Plans (Topic 962), Health and Welfare Benefit Plans (Topic 965): (Part I) Fully Benefit-Responsive Investment Contracts, (Part II) Plan Investment Disclosures, (Part III) Measurement Date Practical Expedient (consensuses of the FASB Emerging Issues Task Force).
Eligible Dependents are defined in the Administrative Wrapper for the Hanford Retiree Welfare Benefit Plans.
Employee Benefit Plans Defined Benefit Pension Plans and Post-Retirement Welfare Benefit Plans The Company’s Kadant Web Systems Inc.
Who can participate in the Plan?Retired employees of a Sponsor are eligible to participate in the Plan if they meet all requirements to be an Eligible Retiree as defined in the Administrative Wrapper for the Hanford Retiree Welfare Benefit Plans.
AICPA Statement of Position 94-4-1, Reporting of Investment Contracts Held by Health and Welfare Benefit Plans and Defined Contribution Pension Plans, as amended, requires fully benefit-responsive investment contracts to be reported at fair value in the Plan’s statements of net assets available for benefits with a corresponding adjustment to reflect these investments at contract value.

More Definitions of Welfare Benefit Plans

Welfare Benefit Plans means all welfare benefit plans, practices, policies and programs provided by the Company and its Affiliates (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company and its Affiliates, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its Affiliates.

Welfare Benefit Plans is defined in Section 3.17(b).

Welfare Benefit Plans. With respect to each Welfare Benefit Plan (as defined below), for the period beginning on Executive's Employment Termination and ending on the earlier of: (i) thirty six (36) months following Executive's Employment Termination, or (ii) the date Executive becomes covered by a welfare benefit plan or program maintained by an entity other than the Company which provides coverage or benefits substantially equivalent to such Welfare Benefit Plan, Executive shall continue to participate in such Welfare Benefit Plan on the same basis and at the same cost to Executive as was the case immediately prior to the Change in Control (or, if more favorable to Executive, as was the case at any time hereafter), or, if any benefit or coverage cannot be provided under a Welfare Benefit Plan because of applicable law or contractual provisions, Executive shall be provided with substantially similar benefits and coverage for such period. Immediately following the expiration of the continuation period required by the preceding sentence, Executive shall be entitled to continued group health benefit plan coverage (so-called "COBRA coverage") in accordance with Section 498OB of the Internal Revenue Code of 1986, as amended (the "Code"), it being intended that COBRA coverage shall be consecutive to the benefit and coverage provided for in the preceding sentence.

Welfare Benefit Plans means all plans in respect of life insurance (excluding any pension or retirement benefit schemes), disability insurance and medical insurance that apply to all or any Company Group Employees as at the Offer Closing Date and which have been disclosed or the costs of which have been disclosed to AMEC prior to the date of this Agreement, each a “Welfare Benefit Plan”; and

Welfare Benefit Plans means any employee benefit plan, program or arrangement within the meaning of Section 3(1) of ERISA, in which the Participant was participating immediately prior to the Termination Date or, if more favorable to the Participant, immediately prior to the Change in Control.

Welfare Benefit Plans shall have the meaning set forth in Section 3.11(a) hereof.

Welfare Benefit Plans shall have the meaning provided in Section 3(1) of the Employee Retirement Income Security Act of 1974, as amended.