Other Welfare Plans Sample Clauses

Other Welfare Plans. Any Transferred Individual who is enrolled in a course that is being reimbursed through the Xxxx-XxXxx Corporation Educational Assistance Program as of the Distribution Date shall be provided with continued reimbursement without interruption for such course to the extent provided under the Xxxx-XxXxx Corporation Educational Assistance Program. If Tronox does not sponsor an Employee Benefit Plan that reimburses such Transferred Individual, Xxxx-XxXxx’x plan shall provide the continued reimbursement as provided under the Xxxx-XxXxx Corporation Educational Assistance Program, but Tronox shall reimburse Xxxx-XxXxx for all liabilities relating to, arising out of or resulting from such on-going course after the Distribution Date. This Agreement shall not affect any insurance contract providing coverage for long term care purchased by Transferred Individual through the Xxxx-XxXxx Long Term Care Program prior to the Distribution Date. As of the Distribution Date, Tronox shall have no obligation to permit Transferred individuals to purchase long term care coverage through payroll deductions.
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Other Welfare Plans. Other Welfare Plans, when immediately preceded by “Xxxx-XxXxx,” means the Xxxx-XxXxx Long Term Care Program and the Xxxx-XxXxx Educational Assistance Program, regardless of whether such plans are subject to ERISA. When immediately preceded by “Tronox,” Other Welfare Plans means the welfare plans, if any, to be established by Tronox pursuant to Section 2.03 that correspond to the Xxxx-XxXxx Long Term Care Program and the Xxxx-XxXxx Educational Assistance Program, respectively.
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Other Welfare Plans. Effective on or before the Effective Date, LPS shall adopt, or cause the applicable LPS Group Member to adopt employee welfare benefit plans (as defined in Section 3(1) of ERISA) not already described in Sections 2.2 and 2.3 above (collectively, the “LPS Welfare Plans”) under which eligible Employees shall be eligible to participate on substantially similar terms and conditions as were applicable under the employee welfare benefit plans maintained by FIS for Employees immediately prior to the Effective Date (collectively, the “FIS Welfare Plans”). The Transferred Employees shall be eligible to participate in the LPS Welfare Plans on the Effective Date. The Transferred Employees shall, effective as of the Effective Date, cease to be eligible to participate in, and to have any further payroll deductions withheld pursuant to, the FIS Welfare Plans.
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Other Welfare Plans. As of the Distribution Date, Company shall assume or retain and shall be responsible for, or cause its insurance carriers to be responsible for, all liabilities and obligations related to claims asserted or incurred or premiums owed as of and after the Distribution Date for its Welfare Plans other than Medical/Dental Plans or post-retirement medical or life benefit Plans ("Other Welfare Plans") in respect of any Company Individual under any such Other Welfare Plan and claims asserted or incurred or premiums due after the Distribution Date in respect of any Company Individual under any such Other Welfare Plan; and Lakes shall have no liability or obligation with respect thereto. As of the Distribution Date, Lakes shall assume or retain and shall be responsible for, or cause its insurance carriers to be responsible for, all liabilities and obligations related to claims asserted or incurred or premiums owed as of and after the Distribution Date for any Other Welfare Plans in respect of any Lakes Individual under any such Other Welfare Plan and claims asserted or incurred or premiums due after the Distribution Date in respect of any Lakes Individual under any such Other Welfare Plan; and Company shall have no liability or obligation with respect thereto.
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Other Welfare Plans. “Other Welfare Plans” means the employee welfare benefit plans offered by the Companies that cover or are offered to Employees of the Companies (and, as applicable, their dependents), including without limitation, long-term and short-term disability plans and life insurance plans, other than the Retained International Plans.
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Other Welfare Plans. Other Welfare Plans, when immediately preceded by “Xxxx-XxXxx,” means the Xxxx-XxXxx Long Term Care Program and the Xxxx-XxXxx Educational Assistance Program, regardless of whether such plans are subject to ERISA. When immediately preceded by “Tronox,” Other Welfare Plans means the welfare plans, if any, to be established by Tronox pursuant to Section 2.03 that correspond to the Xxxx-XxXxx Long Term Care Program and the Xxxx-XxXxx Educational Assistance Program, respectively. (ll) Participating Company. Participating Company means, with respect to a particular Employee Benefit Plan, (1) Xxxx-XxXxx, (2) any Xxxx-XxXxx Entity that Xxxx-XxXxx has approved for participation in, and which is participating in, such Employee Benefit Plan sponsored by Xxxx-XxXxx, and (3) any entity that by the terms of such an Employee Benefit Plan, participates in such Employee Benefit Plan or has employees who, by the terms of such Employee Benefit Plan, participate in or are covered by such Employee Benefit Plan.
Sample 1
Other Welfare Plans. Immediately prior to the Effective Date, the U.S. Propel Employees and their dependents who participate in the Motorola life insurance plan, supplemental life-insurance plan, accidental death and dismemberment insurance plan, long-term disability plan, short-term disability plan, severance plans and tuition reimbursement plan and/or any other employee welfare benefit plan (as defined in Section 3(1) of ERISA) that is maintained by Motorola shall cease to actively participate in those plans, except as provided herein, and the U.S. Propel Employees and their dependents shall become eligible to participate in comparable plans maintained by Propel on the Effective Date.
Sample 1
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Related to Other Welfare Plans

  • Welfare Plans (a) For all purposes (including purposes of vesting, eligibility to participate and level of benefits) under the employee welfare benefit plans of Buyer and its affiliates providing benefits to any Acquired Employees after the Closing (the “New Welfare Plans” ), each Acquired Employee shall subject to applicable Law and applicable tax qualification requirements be credited with his or her years of service with Knight Ridder or its affiliates, including the Acquired Companies and their Subsidiaries, before the Closing, to the same extent as such Acquired Employee was entitled, before the Closing, to credit for such service under any similar employee benefit plan in which such Acquired Employee participated or was eligible to participate immediately prior to the Closing, provided that the foregoing shall not apply to the extent that its application would result in a duplication of benefits. In addition, and without limiting the generality of the foregoing, (A) each Acquired Employee shall be immediately eligible to participate, without any waiting time, in any and all New Welfare Plans if such Acquired Employee participated immediately before the consummation of the transactions contemplated by this Agreement in a comparable type of welfare benefit plan of a Seller Entity (such plans, collectively, the “Old Plans” ), and (B) for purposes of each New Welfare Plan providing medical, dental, pharmaceutical and/or vision benefits to any Acquired Employee, Buyer, or, as applicable, an Acquired Company, shall cause all pre-existing condition exclusions and actively-at-work requirements of such New Welfare Plan to be waived for such Acquired Employee and his or her covered dependents, unless such conditions would not have been waived under the comparable plans of Knight Ridder or its affiliates, including the Acquired Companies and their Subsidiaries, in which such Acquired Employee participated immediately prior to the Closing and Buyer shall cause any eligible expenses incurred by such employee and his or her covered dependents during the portion of the plan year of the Old Plan ending on the date such employee’s participation in the corresponding New Welfare Plan begins to be taken into account under such New Welfare Plan for purposes of satisfying all deductible, coinsurance and maximum out-of-pocket requirements applicable to such employee and his or her covered dependents for the applicable plan year as if such amounts had been paid in accordance with such New Welfare Plan.

  • Health and Welfare Plans (a) A copy of the master contracts with the carriers for the extended health care, dental and group life plans shall be sent to the President of the Union.

  • Pension and Welfare Plans During the twelve-consecutive-month period prior to the date of the execution and delivery of this Agreement and prior to the date of any Credit Extension hereunder, no steps have been taken to terminate any Pension Plan, and no contribution failure has occurred with respect to any Pension Plan sufficient to give rise to a Lien under Section 302(f) of ERISA. No condition exists or event or transaction has occurred with respect to any Pension Plan which might result in the incurrence by the Borrower or any member of the Controlled Group of any material liability, fine or penalty. Except as disclosed in Item 6.11 of the Disclosure Schedule, neither the Borrower nor any member of the Controlled Group has any contingent liability with respect to any post-retirement benefit under a Welfare Plan, other than liability for continuation coverage described in Part 6 of Title I of ERISA.

  • Retirement and Welfare Plans Executive shall participate in employee retirement and welfare benefit plans made available to the Company’s senior level executives as a group or to its employees generally, as such retirement and welfare plans may be in effect from time to time and subject to the eligibility requirements of the plans. Nothing in this Agreement shall prevent the Company from amending or terminating any retirement, welfare or other employee benefit plans or programs from time to time as the Company deems appropriate.

  • Health and Welfare Benefit Plans During the Employment Period, Executive and Executive’s immediate family shall be entitled to participate in such health and welfare benefit plans as the Employer shall maintain from time to time for the benefit of senior executive officers of the Employer and their families, on the terms and subject to the conditions set forth in such plan. Nothing in this Section shall limit the Employer’s right to change or modify or terminate any benefit plan or program as it sees fit from time to time in the normal course of business so long as it does so for all senior executives of the Employer.

  • Employee Welfare Benefit Plans Except as disclosed on ------------------------------ Schedule 3.14, the Company does not maintain or contribute to any "employee ------------- welfare benefit plan" as such term is defined in Section 3(1) of ERISA. With respect to each such plan, (i) the plan is in material compliance with ERISA; (ii) the plan has been administered in accordance with its governing documents; (iii) neither the plan, nor any fiduciary with respect to the plan, has engaged in any "prohibited transaction" as defined in Section 406 of ERISA other than any transaction subject to a statutory or administrative exemption; (iv) except for the processing of routine claims in the ordinary course of administration, there is no material litigation, arbitration or disputed claim outstanding; and (v) all premiums due on any insurance contract through which the plan is funded have been paid.

  • Terminability of Welfare Plans No Employee Benefit Plan, which is an employee welfare benefit plan within the meaning of ss.3(1) or ss.3(2)(B) of ERISA, provides benefit coverage subsequent to termination of employment, except as required by Title I, Part 6 of ERISA or the applicable state insurance laws. The Borrower may terminate each such Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) in the discretion of the Borrower without liability to any Person other than for claims arising prior to termination.

  • Welfare Benefit Plans During the Employment Period, the Executive and/or the Executive's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (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 affiliated companies, 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 affiliated companies.

  • Benefit Plans The Executive shall be entitled to participate in any benefit plans relating to stock options, stock purchases, awards, pension, thrift, profit sharing, life insurance, medical coverage, education, or other retirement or employee benefits available to other senior executive employees of the Company, subject to any restrictions (including waiting periods) specified in such plans.

  • Health and Welfare Benefits (Article 17 applies to full-time nurses only)

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