Common use of Plans and Arrangements Clause in Contracts

Plans and Arrangements. The Miracle Industries Disclosure Letter sets forth a true, complete and correct list of all Employee Benefit Plans and all Benefit Arrangements to which Miracle Industries, Hydro-Spray, Indy Ventures or any of their ERISA Affiliates is a party or to which Miracle Industries, Hydro-Spray, Indy Ventures or any of their ERISA Affiliates is obligated to contribute. None of the Employee Benefit Plans to which Miracle Industries, Hydro- Spray, Indy Ventures or any of their ERISA Affiliates is a party, which Miracle Industries, Hydro- Spray, Indy Ventures or any of their ERISA Affiliates sponsors or maintains or to which Miracle Industries, Hydro-Spray, Indy Ventures or any of their ERISA Affiliates contributes is subject to the requirements of Section 302 of ERISA or Section 412 of the Code and no liability under Title IV of ERISA (whether to the PBGC or otherwise) has been incurred by Miracle Industries, Hydro-Spray, Indy Ventures or any of their ERISA Affiliates.

Appears in 3 contracts

Sources: Plan of Reorganization and Agreement for Share Exchange Offers (Precision Auto Care Inc), Plan of Reorganization and Agreement for Share Exchange Offers (Precision Auto Care Inc), Plan of Reorganization and Agreement for Share Exchange Offers (Precision Auto Care Inc)