Continuation of Plan. Subject to the continuing approval of the Commissioner of Internal Revenue, to the extent available, and of other cognizant governmental authorities, as more particularly hereinafter specified, and to the provisions of 17.5, a Retirement Plan (hereinafter called the Plan) in the form now in effect as to the employees within the units to which this Agreement relates shall continue to be effective while this Agreement is in effect as to such employees in accordance with and subject to the terms, conditions, and limitations of the Plan.
Continuation of Plan. Subject to the continuing approval of the Commissioner of Internal Revenue and of other cognizant governmental authorities, as more particularly hereinafter specified, a Financial Security Plan (the "Plan") in the form as now in effect as to the employees within the units to which this Agreement relates shall continue to be effective while this Agreement is in effect as to such employees in accordance with and subject to the terms, conditions and limitations of the Plan. No new contributions will be made to the Financial Security Plan with respect to Members after December 22, 2005. All other features of the Plan shall remain in place including, but not limited to, the ability to direct investments and the rules regarding distributions.
Continuation of Plan. The benefits now provided under the Railroad Employees National Dental Plan (Dental Plan), modified as provided in Section 2 below, will be continued subject to the provisions of the Railway Labor Act, as amended.
Continuation of Plan. The Board reserves the right to review and modify or terminate the foregoing retirement benefits upon the expiration of this Agreement subject to the requirement of the Illinois Education Labor Relations Act.
Continuation of Plan. Subject to the continuing approval of the Commissioner of Internal 6 Revenue, to the extent available, and of other cognizant governmental authorities, as more particularly 7 hereinafter specified, and to the provisions of 17.5, a Retirement Plan (hereinafter called the Plan) in the 8 form now in effect as to the employees within the units to which this Agreement relates shall continue 9 to be effective while this Agreement is in effect as to such employees in accordance with and subject to 10 the terms, conditions, and limitations of the Plan. 11 Section 17.2 Approval of Plan. Approval of the Plan by the Commissioner of Internal Revenue as 13 referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at 14 all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the 15 Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible 16 for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and 18 the Securities and Exchange Commission, and their approval means their confirmation with respect to any 19 matter within their regulatory authority that the Plan does not conflict with applicable law. 20
Continuation of Plan. The benefits now provided under The Railroad Employees National Health and Welfare Plan, modified as provided in Sections 2 and 3 below, will be continued subject to the provisions of the Railway Labor Act, as amended. Contributions to the Plan will be offset by the expeditious use of such amounts as may at any time be in Special Account A or in one or more special accounts or funds maintained by the insurer in connection with Group Policy Contract GAÄ23000, and by the use of funds held in trust that are not otherwise needed to pay claims, premiums or administrative expenses which are payable from trust. Detailed contract language specifying the new benefits and the changes in existing benefit and eligibility provisions is to be worked out by the Joint Policyholder Committee with the insurer.
Continuation of Plan. Effective as of the Distribution Date, Remainco or a member of the Remainco Group, shall continue the News Corporation 2004 Stock Option Plan (the “2004 Replacement Stock Option Plan”). On and after the Distribution Date, the Remainco Group shall retain, pay, perform, fulfill and discharge all Liabilities arising out of or relating to Awards under the 2004 Replacement Stock Option Plan.
Continuation of Plan. 33 Subject to the approval of the Commissioner of Internal Revenue and of 34 other cognizant governmental authorities, as more particularly hereinafter 35 specified, and to the provisions of Section 10.6, a retirement plan 36 (hereinafter called the Plan) in the form now in effect as to the employees 37 within the units to which this Agreement relates shall continue to be 38 effective while this Agreement is in effect as to such employees in 39 accordance with and subject to the terms, conditions, and limitations of the 40 Plan.
Continuation of Plan. The merger or consolidation of the Employer with any other person, or the transfer of the assets of the Employer to any other person, or the merger of the Plan with any other plan shall not constitute a termination of the Plan if provision is made for the continuation of the Plan.
Continuation of Plan. The Company agrees to continue for the term of this Agreement the Hourly Employees' Retirement Plan.
