Employee Retirement Income Security Act of definition

Employee Retirement Income Security Act of. 1974" (herein called "ERISA"), except those set forth in attached Schedule 3.5. There was no unfunded past service liability of any pension plan maintained by the Company as of December 31, 2001, and there is no accumulated funding deficiency within the meaning of ERISA, or any existing material liability with respect to any pension plan owed to the Pension Benefit Guaranty Corporation ("PBGC") or any successor thereto.
Employee Retirement Income Security Act of. 1974 has provided an entirely new program that may enable you to plan for your retirement by creating a "retirement plan" with federally tax-deductible dollars. This federal income tax deduction is available even if you do not otherwise itemize your deductions. In addition, any earnings on the assets held in your individual retirement account will not be subject to federal income tax until you actually begin to receive a distribution from your account. The state income tax treatment of your account may differ, and details should be available from your state taxing authority or your own tax adviser. As with most other laws that provide special tax treatment, there are certain restrictions and limitations involved with respect to your individual retirement account:
Employee Retirement Income Security Act of. 1974" (herein called "ERISA"), except those set forth in attached Schedule 9.5. Except as set forth on Schedule 9.5, there was no unfunded past service liability of any Pension Plan as of September 30, 2001, and there is no accumulated funding deficiency within the meaning of ERISA, or any existing material liability with respect to any pension plan owed to the Pension Benefit Guaranty Corporation ("PBGC") or any successor thereto, except any funding deficiency for which an application to the PBGC for waiver is pending or for which a waiver has been granted by the PBGC.

Examples of Employee Retirement Income Security Act of in a sentence

  • The Buyer is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974.

  • The Transferee is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974.

  • The Company and any “employee benefit plan” (as defined under the Employee Retirement Income Security Act of 1974, as amended, and the regulations and published interpretations thereunder (collectively, “ERISA”)) established or maintained by the Company or its “ERISA Affiliates” (as defined below) are in compliance in all material respects with ERISA.

  • The Plan is not intended to be subject to the Employee Retirement Income Security Act of 1974, as amended.

  • The Company and its subsidiaries and any “employee benefit plan” (as defined under the Employee Retirement Income Security Act of 1974, as amended, and the regulations and published interpretations thereunder (collectively, “ERISA”)) established or maintained by the Company, its subsidiaries or their “ERISA Affiliates” (as defined below) are in compliance in all material respects with ERISA.


More Definitions of Employee Retirement Income Security Act of

Employee Retirement Income Security Act of. 1974, as amended.
Employee Retirement Income Security Act of. 1974" (herein called "ERISA"), except those set forth in attached Exhibit "D". There is no unfunded past service liability of the pension plan and there is no accumulated funding deficiency within the meaning of ERISA, or any existing material liability with respect to any pension plan owed to the Pension Benefit Guaranty Corporation ("PBGC") or any successor thereto, except any funding deficiency for which an application to the PBGC for waiver is pending or for which a waiver has been granted by the PBGC.
Employee Retirement Income Security Act of. 1974 ("ERISA") with respect to each "plan" as defined in Section 3(3) of ERISA in which its employees are eligible to participate and each such plan is in compliance in all material respects with the presently applicable provisions of ERISA and such regulations and published interpretations. The Company has not incurred any unpaid liability to the Pension Benefit Guaranty Corporation (other than for the payment of premiums in the ordinary course) or to any such plan under Title IV of ERISA.
Employee Retirement Income Security Act of. 1974. The terms used in this subsection 3.13 and in subsection 6.8 of this Agreement shall have the meanings assigned thereto in the applicable provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), and the Internal Revenue Code of 1986, as amended (the "Code"), and the term "Affiliated Company" shall mean the Company and all corporations, partnerships, trades or businesses (whether or not incorporated) which constitute a controlled group of corporations with the Company, an affiliated service group or other affiliated group, within the meaning of Section 414(b), Section 414(c), Section 414(m) or Section 414(o), respectively, of the Code or Section 4001 of ERISA. Each employee benefit plan sponsored by an Affiliated Company and, to the best of the Company's knowledge, each multiemployer plan to which any Affiliated Company makes contributions, is in material compliance with applicable provisions of ERISA and the Code. No Affiliated Company has incurred any material liability to the Pension Benefit Guaranty Corporation ("PBGC") or any employee benefit plan on account of any failure to meet the contribution requirements of any such plan, minimum funding requirements or prohibited transactions under ERISA or the Code, termination of a single employer plan, partial or complete withdrawal from a multiemployer plan, or the insolvency, reorganization or termination of any multiemployer plan, and no event has occurred or conditions exist which present a material risk that any Affiliated Company will incur any material liability on account of any of the foregoing circumstances. The consummation of the transactions contemplated by this Agreement will not result in any prohibited transaction under ERISA or the Code for which an exemption is not available.
Employee Retirement Income Security Act of. 1974, as amended ("ERISA"). Neither UTI, UII, UTG or FCC nor any of their Insurance Company Subsidiaries, has any liability, actual or contingent, with respect to any plan that is (i) a defined benefits plan subject to Title IV of ERISA, (ii) a multi-employer pension plan as that term is defined in Section 4001(a)(3) of ERISA, (iii) a plan providing health or medical benefits to retired employees, or (iv) a welfare benefit fund under Section 419 of the Internal Revenue Code.
Employee Retirement Income Security Act of. 1974" (herein called "ERISA") except the plans set forth in Exhibit "D" annexed hereto. (herein called "Pension Plan"). The "unfunded past service liability" of the Pension Plan unless unknown, as of January 1, 1995, is as set forth in Exhibit "D" and there is no accumulated funding deficiency within the meaning of ERISA, or any existing liability with respect to the Pension Plan owed to the Pension Benefit Guaranty Corporation or any successor thereto.
Employee Retirement Income Security Act of. 1974,” as amended from time to time; the Corporation shall be deemed to have requested a person to serve an employee benefit plan where the performance by such person of his duties to the Corporation also imposes duties on, or otherwise involves services by, such person to the plan or participants or beneficiaries of the plan; excise taxes assessed on a person with respect to an employee benefit plan pursuant to such Act of Congress shall be deemed “fines”; and action taken or omitted by a person with respect to an employee benefit plan in the performance of such person’s duties for a purpose reasonably believed by such person to be in the interest of the participants and beneficiaries of the plan shall be deemed to be for a purpose which is not opposed to the best interests of the Corporation.