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I <br />complete or partial withdrawal, within the meaning of ERISA Section 4203 or 4205, from such a <br />"multiemployer plan." Except as disclosed on Schedule 3.13 or as required under Code <br />Section 4980B or ERISA Sections 601-609, no Employee Plan provides health, life insurance or <br />medical coverage to former employees of the Falcon Companies. <br />(b) Qualified Plans, Except as disclosed in Schedule 3.13with respect to each <br />Employee Plan, and slier taking into consideration the effect of the payments to be made with <br />respect to the Employee Plans: (1) each such Employee Plan that is intended to be tax -qualified is <br />the subject of favorable determination letter, and no such determination letter has been revoked, <br />and to the best of Falctnis Knowledge, no revocation has been threatened, no event has occurred and <br />no circumstances exist that would adversely affect the tax -qualification of such Employee Plan; (2) <br />no Employee Plan is , or within the past six years has been, subject to Section 302 or Tide N of <br />ERISA or Section 412 of the Code; (3) no nonexempt prohibited transaction, within the definition <br />of Section 4975 of the Code or Title 1, Pan 4 of ERISA, has occurred which would subject the <br />Falcon Companies to any material liability; (4) there is no termination or penial termination, or <br />requirement to provide security with respect to any Employee Plan; (5) the fair market value of the <br />assets of my Employee Plan would equal or exceed the value of all liabilities and obligations of such <br />Employee Plan if such plan were to terminate on the Closing Date; and (6) the transactions <br />contemplated by this Agreement will not result in liability under ERISA to any Falcon Companies <br />or Buyer, or any of their respective ERISA Affiliates, or any entitlement to any additional benefits <br />or any acceleration of the time of payment or vesting of my benefits under any Employee Plan of <br />any Falcon Company for any employee of my Falcon Company. <br />(c) Plan Administration. Each Employee Plan and each Compensation <br />Arrangement has been operated and administered in all material respect in accordance with its terms <br />and all applicable laws, including ERISA and the Code. No Falcon Company has received notice <br />of any investigations by my governmental agency or other claims (except claims for benefits <br />payable in the normal operation of my Employee Plan), suits or proceedings against or involving <br />any Employee Plan or asserting my rights to or claims for benefits under my Employee Plan that <br />could give rise to my material liability, and there are not my facts that could give rise to my <br />material liability in the event of such investigation, claim, suit or proceeding. <br />(d) Welfare Plan Fundine. The list ofEmployee Plans in Schedule 3.13 discloses <br />whether each Pian that is an "employee weltare benefit plan" as defined in section 3(q of ERISA <br />is (i) unfunded, (ii) funded through a "welfare benefit fund," as such term is defined in section <br />419(e) of the Code, or other funding mechanism or (iii) insured. <br />(e) Employee Classification. Each of the Falcon Companies and their ERISA <br />Affiliates have properly classified individuals providing services to my Falcon Company or any <br />ERISA Afliatu sasemployees ornon-employees except to the extent that a misclassification would <br />not be material. <br />(f) Labor Unions. As of the date of this Agreement, other than as disclosed in <br />Schedule 3.13none of the Falcon Companies is party to or bound by my collective bargaining <br />agreement. As of the date of this Agreement, other than as disclosed in Schedule 3.13. to Falcon's <br />oc..U3amxCmron 32 <br />