IMS Health Retirees definition

IMS Health Retirees means persons who (i) were Corporation Pre-Distribution Employees, (ii) terminated employment from the IMS Health Group prior to the Effective Time (iii) are not Corporation Post-Distribution Employees after the Effective Time and (iv) would have been IMS Health Employees had they remained employed, after the Distribution, by the same employer from which they terminated employment but shall not include Corporate Staff Employees included in the definition of Corporation Retirees; and shall include any person on Schedule 1.1.
Sample 1Sample 2
IMS Health Retirees means persons who (i) were Corporation Pre-Distribution Employees, (ii) terminated employment from the IMS Health Group prior to the Effective Time (iii) are not Corporation Post-Distribution Employees after the Effective Time and (iv) would have been IMS Health Employees had they remained employed, after the Distribution, by the same employer from which they terminated employment.
Sample 1
IMS Health Retirees means persons who (i) were IMS Health Pre-Distribution Employees, (ii) terminated employment from the IMS Health Group prior to Xxxxxx 0, 0000, (xxx) are not Synavant Inc. Employees after July 31, 2000 and (iv) would have been IMS Health Post-Distribution Employees had they remained employed, after July 31, 2000, by the same employer from which they terminated employment.
Sample 1

Examples of IMS Health Retirees in a sentence

  • The IMS Health Group shall be responsible for providing retiree welfare benefits, where applicable, to IMS Health Retirees and IMS Health Employees.

  • The IMS Health Group shall assume all Liabilities with respect to awards granted to IMS Health Employees, IMS Health Retirees, Corporation Retirees and IMS Health Disabled Employees pursuant to the IMS Health Replacement Option Plan.

  • With respect to any medical and dental plan that may be sponsored by IMS Health after the Effective Time, IMS Health shall give effect, in determining any deductible, maximum out-of-pocket limitations and annual plan maximums, to claims incurred during 1998 prior to the Effective Time by IMS Health Employees, IMS Health Retirees and IMS Health Disabled Employees under similar plans maintained by Corporation (or any Affiliate thereof) for their benefit immediately prior to the Effective Time.

  • From and after Effective Time, IMS Health shall sponsor its Employee Benefit Welfare Plans solely for the benefit of IMS Health Employees, IMS Health Retirees and IMS Health Disabled Employees.

  • The IMS Health Group shall retain all Liabilities with respect to severance payments made or to be made to IMS Health Retirees including any liabilities for severance payments under the Corporation Transition Plans.

  • As of the Effective Time, IMS Health shall (i) adopt the IMS Health SERP, the IMS Health Pension REP and the IMS Health Savings BEP (collectively, the "IMS Health Nonqualified Plans") for the benefit of IMS Health Employees and IMS Health Retirees who were participants in the Corporation Nonqualified Plans immediately prior to the Effective Time and (ii) assume the Liabilities for benefits under the Corporation Nonqualified Plans with respect to such employees.

  • As of the Effective Time, (i) each unexercised Corporation Stock Option held by IMS Health Retirees and Corporation Retirees shall be adjusted in substantially the same manner as employees of the Corporation Group and (ii) IMS Health may offer to such IMS Health Retirees and Corporation Retirees, and the IMS Health Committee shall determine, alternative adjustments or substitutions, provided such Retirees agree to surrender their adjusted Corporation Stock Options.

  • As of the Effective Time, (i) each unexercised Corporation Stock Option held by IMS Health Retirees and Corporation Retirees shall be adjusted in substantially the same manner as employees of the Corporation Group and (ii) IMS Health may offer to such IMS Health Retirees and Corporation Retirees, and the IMS Health Committee may determine, alternative adjustments or substitutions, provided such Retirees agree to surrender their adjusted Corporation Stock Options.

  • Retirees and IMS Health Retirees shall be adjusted in substantially the same manner as employees of the IMS Health Group and (ii) Synavant Inc.

  • The IMS Health Group shall be responsible for providing retiree welfare benefits, where applicable, to IMS Health Retirees, IMS Health Post-Distribution Employees and Synavant Inc.

Related to IMS Health Retirees

  • 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 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.

  • Group health plan means an employee welfare benefit plan as defined in section 3(1) of subtitle A of title I of the employee retirement income security act of 1974, Public Law 93-406, 29 USC 1002, to the extent that the plan provides medical care, including items and services paid for as medical care to employees or their dependents as defined under the terms of the plan directly or through insurance, reimbursement, or otherwise.

  • 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.

  • 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;

  • Retiree means any person who has begun accruing a retirement

  • Designated Employees means a person occupying any of the following position in the Company:

  • Health plan or "health benefit plan" means any policy,

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

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • SpinCo Employee means any individual who, immediately following the Distribution Date, will be employed by Spinco or any member of the Spinco Group in a capacity considered by Spinco to be common law employment, including active employees and employees on vacation and approved leaves of absence (including maternity, paternity, family, sick, short-term or long-term disability leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, and leave under the Family Medical Leave Act and other approved leaves).

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

  • Mental health provider means a health care provider or a health care facility authorized by state law to provide mental health services.

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

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

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Hired Employees has the meaning set forth in Section 6.1(a).