definiens: means any a s defined in Section 3(3 ) of ERISA, and each Compensatory Arrangement, benefit, profit - sharing, stock or unit option, stock or unit purchase, stock or unit ownership, phantom or other equity, pension, retire ment, supplemental retirement income, excess benefi t, fringe benefit, holiday pay, vacation pay, paid time off, supplemental unemployment insurance, post - retiremen t medical or life insurance, health, welfare, sick leave, sho rt - term disability, long - term disability, medical, hospitalization, life insurance, other insurance or employee benefit plan, policy, program or practice, whether formal or informal, oral or written, established, maintained or contrib uted to or required to be maintained or contributed to by Seller under which any current or former Employees, direct ors, managers, Contractors or consultants or benefi ciaries or dependents of any such person, are entitled to bene fits or under which Seller has any present or futur e Liability, excluding any plans, agreements and arrangements th at are mandated by Law