Buyer Medical Plans definition

Buyer Medical Plans is defined in Section 6.12(d).
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Buyer Medical Plans has the meaning ascribed in Section 9.03(c) of this Agreement.
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Buyer Medical Plans has the meaning specified in Section 7.9.1.
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Examples of Buyer Medical Plans in a sentence

  • Such Buyer Medical Plans shall waive any restrictions and limitations for pre-existing conditions for all Employees and shall give credit to each Employee for any deductibles and out-of-pocket expenses paid during the current plan year by such Employee under Company's applicable medical and dental Plans (hereinafter collectively referred to as the "COMPANY MEDICAL PLANS").

  • Target and the Buyer Welfare Plans that provide group health coverage after the Closing Date ("Buyer Medical Plans") shall be responsible for providing health care continuation coverage pursuant to COBRA for all Transferred Employees and their spouses, dependents, and beneficiaries who have a "qualifying event" under the Buyer Medical Plans and COBRA after the Closing Date.

  • The Buyer shall cause deductibles and out-of-pocket payments expended by each Hired Employee for coverage under the Seller Welfare Plans or the Seller Medical Plans in the plan year in which the Expiration Date occurs to be counted toward the deductibles and out-of-pocket maximums applicable to each Hired Employee under the Buyer Welfare Plans and the Buyer Medical Plans.

  • The Buyer shall be responsible for all claims under the Buyer Welfare Plans and the Buyer Medical Plans for expenses incurred by the Hired Employees and their eligible dependents effective at 12:01 am Central Time on the day after the Expiration Date and thereafter.


More Definitions of Buyer Medical Plans

Buyer Medical Plans is defined in Section 1.4(ppp).
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Related to Buyer Medical Plans

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Seller 401(k) Plan has the meaning set forth in Section 6(e) below.

  • Health Plans means any and all individual and family health and hospitalization insurance and/or self-insurance plans, medical reimbursement plans, prescription drug plans, dental plans and other health and/or wellness plans.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Seller Plans has the meaning set forth in Section 3.13(a).

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Purchaser Plans shall have the meaning set forth in Section 6.6(a)(v).

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Health and Welfare Plans means any Benefit Plan that was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including preferred provider organization, exclusive provider organization, and high deductible health plan coverages), dental, prescription, vision, short-term disability, long-term disability, life and accidental death and dismemberment, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account, and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death, or unemployment, vacation benefits, apprenticeship or other training programs, day care centers, scholarship funds, or prepaid legal services, including any such plan, fund, or program as defined in Section 3(1) of ERISA.

  • New Plans shall have the meaning set forth in Section 5.11(b).

  • Company 401(k) Plan shall have the meaning set forth in Section 4.11(f).

  • Seller Plan means any Employee Benefit Plan maintained, or contributed to, by the Seller, any Subsidiary or any ERISA Affiliate.

  • Parent Plan means any plan, policy, program, payroll practice, on-going arrangement, contract, trust, insurance policy or other agreement or funding vehicle, whether written or unwritten, maintained or sponsored by Parent or any of its Subsidiaries or Affiliates (or any of their respective predecessors) at any time on or prior to the Effective Time for the purpose of providing compensation or benefits to any current or former employee of any such person.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Retiree means any person who has begun accruing a retirement

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • SpinCo shall have the meaning set forth in the Preamble.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;