Welfare Plan definition

Welfare Plan means a “welfare plan”, as such term is defined in Section 3(1) of ERISA.

Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

Welfare Plan means an employee welfare benefit plan as defined in Section 3(1) of ERISA established or maintained by Borrower, Guarantor or any ERISA Affiliate or that covers any current or former employee of Borrower, Guarantor or any ERISA Affiliate.

Examples of Welfare Plan in a sentence

• The Pension Plan and Health and Welfare Plan contributions will be adjusted to be consistent with the contributions negotiated from time to time by the Construction and Specialized Workers' Union, Local Union 1258, and the Construction Labour Relations Association of Manitoba, subject to the restrictions set out in Section 9.3.2.

• The preceding provision will have no application for an employee on unpaid leave of absence, layoff, annual vacation or for days falling outside the employee's scheduled work week or when receiving under the Health and Welfare Plan or Worker's Compensation.

• Notwithstandingthe above, if a new employee was a participant within the previous ninety (90) day period in a comparable Health and Welfare Plan of another company which is a party to an agreement identical to this Agreement, the Employer shall then arrange for that employee to join the health and Welfare Plan effective the day he is hired.

• It will be the policy of the Company to pay the monthly welfare contributions on behalf of an employee who is off sick, for the month in which the employee becomes sick, plus a maximum of an additional three (3) months while the employee is receiving sick benefits under the Union’s Health and Welfare Plan.

• Funeral leave is not compensative when the employee is on unpaid leave of absence, or layoff, or for days falling outside the employee's scheduled work week or when he is receiving benefits under the health and Welfare Plan or Worker's Compensation.

More Definitions of Welfare Plan

Welfare Plan means any Employee Benefit Plan described in Section 3(1) of ERISA.

Welfare Plan means a welfare plan, as defined in Section 3(1) of ERISA, that is maintained for employees of any Loan Party or in respect of which any Loan Party could have liability under applicable law.

Welfare Plan means a welfare plan, as defined in Section 3(1) of ERISA, that is maintained for employees of any Loan Party or in respect of which any Loan Party could have liability.

Welfare Plan means a "welfare plan", as such term is defined in section 3(1)

Welfare Plan means a Plan described in Section 3(1) of ERISA.

Welfare Plan means any “welfare plan” (as defined in Section 3(1) of ERISA) or a “cafeteria plan” under Section 125 of the Code, and any benefits offered thereunder, and any other plan offering health benefits (including medical, prescription drug, dental, vision, mental health, substance abuse and retiree health), disability benefits, or life, accidental death and dismemberment, and business travel insurance, pre-tax premium conversion benefits, dependent care assistance programs, employee assistance programs, paid time-off programs, contribution funding toward a health savings account, flexible spending accounts or cashable credits.

Welfare Plan has the meaning given in ERISA § 3(1).