Past Benefit Plan definition

Past Benefit Plan means any Employee Benefit Plan (other than a Current Benefit Plan):
Sample 1Sample 2Sample 3
Past Benefit Plan means any plan, fund, program, agreement or arrangement that would be a Current Benefit Plan if it were now in effect, and was at any earlier time within the past six years sponsored or maintained or required to be sponsored or maintained by the Company or any of its Subsidiaries or to which the Company or any of its Subsidiaries has made, or had an obligation to make, contributions providing for employee benefits or for the remuneration (other than salaries or wages), direct or indirect, of their employees, former employees, directors, independent contractors, contingent or leased employees, the spouses or the dependents of any of them. To the extent applicable, to the Knowledge of the Company, the Current Benefit Plans now comply, and the Past Benefit Plans did comply when they were in effect, in all material respects with the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and the Code. Any Current Benefit Plan intended to be qualified under Section 401(a) of the Code has received a favorable determination letter or is an approved prototype plan with an opinion letter upon which the Company or a Subsidiary is entitled to rely, and continues to satisfy in all material respects the requirements for such qualification. Neither the Company nor any affiliate of the Company that would be considered a single employer with the Company or any Subsidiary under Section 414 of the Code has maintained or contributed in the past six years to any Benefit Plan that is or was then covered by Title IV of ERISA or Section 412 of the Code that could reasonably be expected to result in a material penalty to the Company. Neither the Company, any of its Subsidiaries nor any Benefit Plan has incurred any material liability or penalty under Section 4975 of the Code or Section 502(i) of ERISA, or engaged in any transaction that is reasonably likely to result in any such liability or penalty. To the Knowledge of the Company, the Company has complied in all material respects with the notice and continuation requirements of Section 4980B of the Code and the regulations thereunder ("COBRA"), and with the applicable requirements of the Health Insurance Portability and Accountability Act of 1996. To the Knowledge of the Company, except as described in SCHEDULE 2.13(b), each Current Benefit Plan has been maintained and administered during the past six years in material compliance with its terms and with all applicable Law, including ERISA, the Code and federal and...
Sample 1
Past Benefit Plan means any Employee Benefit Plan (other than a Current Benefit Plan): (a) of which the Company or any ERISA Affiliate has ever been a "plan sponsor" (as defined in Section 3(16)(B) of ERISA) or that otherwise has at any time been established, adopted, maintained or sponsored by the Company or by any ERISA Affiliate; (b) in which the Company or any ERISA Affiliate has ever participated; (c) with respect to which the Company or any ERISA Affiliate has ever made, or has ever been required or permitted to make, any contribution; or (d) with respect to which the Company or any ERISA Affiliate has ever been subject to any Liability. PER SHARE CASH AMOUNT. "Per Share Cash Amount" shall have the meaning specified in Section 3.1(b) of the Agreement.
Sample 1

Examples of Past Benefit Plan in a sentence

  • Company Plan" shall mean any Current Benefit Plan or Past Benefit Plan of the Company or any of its subsidiaries.

  • Part 2.16 of the Disclosure Schedule identifies each Current Benefit Plan and each Past Benefit Plan.

  • DSI Company Plan" shall mean any Current Benefit Plan or Past Benefit Plan entered into by DSI.


More Definitions of Past Benefit Plan

Past Benefit Plan means any Employee Benefit Plan (other than a Current Benefit Plan): (a) that has at any time been established, adopted, maintained or sponsored by the Companies; (b) in which the Companies has ever participated; (c) with respect to which the Companies has ever made, or has ever been required or permitted to make, any contribution; or (d) with respect to which the Companies has ever been subject to any Liability.
Sample 1

Related to Past Benefit Plan

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Company Plan means all Plans of which the Company or an ERISA Affiliate of the Company is or was a Plan Sponsor, or to which the Company or an ERISA Affiliate of the Company otherwise contributes or has contributed, or in which the Company or an ERISA Affiliate of the Company otherwise participates or has participated. All references to Plans are to Company Plans unless the context requires otherwise.

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Canadian Benefit Plan means any plan, fund, program or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Loan Party has any liability with respect to any of its employees or former employees employed in Canada, and includes any Canadian Pension Plan.

  • Company Employee Benefit Plan means each Employee Benefit Plan that is maintained, sponsored or contributed to (or required to be contributed to) by any of the Group Companies or under or with respect to which any of the Group Companies has any Liability.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Defined Benefit Plan means either a plan described in Section 3(35) of ERISA or a plan subject to the minimum funding standards set forth in Section 302 of ERISA and Section 412 of the Code.

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

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

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

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m).

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.