Define: Multiple Employer Plan

What does "Multiple Employer Plan" mean? The meaning differs based on the contract. We found 2 definitions across 3 companies in SEC filings.

Definition 1 (BIOGEN INC., seen in 2 filings)

Multiple Employer Plan means a Plan which has two or more contributing sponsors (including the Borrower or any ERISA Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA.

Source: BIOGEN INC. 10-K

Definition 2 (Coupang, Inc., seen in 1 filing)

Multiple Employer Plan means a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of the Company or any ERISA Affiliate and at least one Person other than the Company and the ERISA Affiliates or (b) was so maintained and in respect of which the Company or any ERISA Affiliate could have liability under Section 4064 or 4069 of ERISA in the event such plan has been or were to be terminated.

Source: Coupang, Inc. 8-K

Data extracted from 3 SEC EDGAR filings across 3 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 3
Companies: 3
Keywords:
Multiple Employer Plandefinitioncontract languagelegal termSEC filing

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