Seller Employee Benefit Plan means any Employee Benefit Plan that is not an Acquired Company Plan.
Seller Employee Benefit Plan means any pension, retirement or savings plan, any medical, hospital, health, dental, life, death benefit or disability plan, any group insurance plan, any profit sharing, deferred compensation, stock option, stock purchase, bonus or incentive plan (including any equity or equity-based plan), and any fringe benefit, vacation pay, holiday pay, sick leave, service awards, tuition reimbursement, moving expense reimbursement, severance pay, or other employee benefit plan, trust, agreement, contract, policy or commitment (including, but not limited to, any pension plan, as defined in ERISA §3(2), and any “welfare plan,” as defined in ERISA § 3(1)), whether any of the foregoing is funded, insured or self-funded, written or oral, (i) sponsored or maintained by the Company or any ERISA Affiliate and covering the Company’s or any ERISA Affiliate’s active or former employees (or their beneficiaries), (ii) to which the Company or any ERISA Affiliates is a party or bound, or (iii) with respect to which the Company or any ERISA Affiliate has made any payments, contributions or commitments or may otherwise have any Liability (whether or not such Seller Employee Benefit Plan is still maintained) with respect to services performed in relation to the STB Business. Seller Employee Benefit Plans shall include, without limitation, any Foreign Employee Benefit Plans.
Seller Employee Benefit Plan means any Employee Benefit Plan that is sponsored or contributed to by any Seller Party or any of its ERISA Affiliates (or that has been maintained by such Person within the preceding six (6) years) covering Employees or former employees of any Seller Party (but only with respect to the Employees or former employees at the Facilities) or any of their ERISA Affiliates.
Examples of Seller Employee Benefit Plan in a sentence
Except as disclosed on Schedule 4.11.2, Seller has complied, and currently is in compliance, both as to form and operation, in all respects, with the terms of each Seller Employee Benefit Plan and all applicable provisions of each other Law or regulation imposed or administered by any Government Entity with respect to each of the Seller Employee Benefit Plans.
These services are broadly divided into three categories: Infrastructure-as- a-Service (IaaS), Platform-as-a- Service (PaaS) and Software-as-a-Service (SaaS).
Except as set forth and described in reasonable detail on Schedule 4.14, each Seller Employee Benefit Plan and any related trust, insurance contract or fund has been maintained and administered in all material respects in accordance with its respective terms and the terms of any applicable collective bargaining agreements and in compliance with all applicable laws and regulations, including ERISA and the Code.
No Seller Employee Benefit Plan is a plan subject to Title IV of ERISA.
With respect to each Seller Employee Benefit Plan listed on Schedule 4.14, Seller has furnished to Buyer true and complete copies, as and if applicable, of (i) summary plan descriptions and summaries of material modifications and (ii) the most recent determination letter received from the Internal Revenue Service.
More Definitions of Seller Employee Benefit Plan
Seller Employee Benefit Plan shall have the meaning set forth in Section 5.14(a).
Seller Employee Benefit Plan means any employee benefit plan, as defined in Section 3(3) of ERISA, or any other material benefit arrangement (including any employment or consulting agreement, any arrangement providing for insurance coverage or workers’ compensation benefits, any incentive or deferred bonus arrangement, any arrangement providing termination allowance, severance pay, salary continuation for disability or other leave of absence, supplemental unemployment benefits, lay-off, reduction in force or similar benefits, any stock option or equity compensation plan, any deferred compensation plan, any compensation policy or practice (including, without limitation sick and vacation pay policies or practices), any educational assistance arrangements or policies, any plan governed by Section 125 of the Code, any fringe benefit (including, without limitation, company cars) and any change of control arrangements or policies) that is
Seller Employee Benefit Plan means any employee benefit plan, as defined in Section 3(3) of ERISA, or any other material benefit arrangement (including any employment or consulting agreement, any arrangement providing for insurance coverage or workers’ compensation benefits, any incentive or deferred bonus arrangement, any arrangement providing termination allowance, severance pay, salary continuation for disability or other leave of absence, supplemental unemployment benefits, lay-off, reduction in force or similar benefits, any stock option or equity compensation plan, any deferred compensation plan, any compensation policy or practice (including, without limitation sick and vacation pay policies or practices), any educational assistance arrangements or policies, any plan governed by Section 125 of the Code, any fringe benefit (including, without limitation, company cars) and any change of control arrangements or policies) that is sponsored or contributed to by either Seller or by an ERISA Affiliate of Seller (or that has been maintained by such Person within the preceding six (6) years) covering Community Employees or former employees of Seller (but only with respect to the Community Employees or former employees at the Community) or any of their ERISA Affiliates. “ERISA” means the Employee Retirement Income Security Act of 1974, as amended. “ERISA Affiliate” means any person and/or such person’s subsidiaries or Affiliates or any trade or business (whether or not incorporated) that is under common control with such person or such person’s subsidiaries or Affiliates or that is treated as a single employer with such person or such person’s subsidiaries or Affiliates under Section 414(b), (c), (m) or (o) of the Code or Section 4001(b)(1)
Seller Employee Benefit Plan has the meaning given in Section 6.16(a).
Seller Employee Benefit Plan means, in any jurisdiction, any Seller plan, scheme, fund, arrangement, plan or agreement (whether funded or unfunded) under which the Seller or any member of the Seller Group or any Target Company provides, is liable to provide or has agreed to provide (or to which the Seller or any member of the Seller Group or any Target Company contributes, is liable to contribute or has agreed to contribute to the provision of) any Retirement Benefits for or in respect of any Employee; and
Seller Employee Benefit Plan shall have the meaning set forth in Section 9.1.
Seller Employee Benefit Plan means any pension, retirement or savings plan, any medical, hospital, health, dental, life, death benefit or disability plan, any group insurance plan, any profit sharing, deferred compensation, stock option, stock purchase, stock appreciation rights, restricted stock, phantom stock, bonus, commission or incentive plan (including any equity or equity-based plan), and any fringe benefit, vacation pay, holiday pay, sick leave, service awards, tuition reimbursement, moving expense reimbursement, severance or change in control pay, consulting or employment agreement, or other employee benefit plan, trust, agreement, contract, policy or commitment (including, but not limited to, any pension plan, as defined in ERISA §3(2), and any “welfare plan,” as defined in ERISA § 3(1)), whether any of the foregoing is funded, insured or self-funded, written or oral, (a) sponsored or maintained by the Seller, the Company or any ERISA Affiliate and covering the Seller’s, the Company’s or any ERISA Affiliate’s active or former employees (or their beneficiaries), (b) to which the Seller or any ERISA Affiliates is a party or bound, or (c) with respect to which the Seller or any ERISA Affiliate has made any payments, contributions or commitments or may otherwise have any Liability (whether or not such Seller Employee Benefit Plan is still maintained).