Continued Contributions Sample Clauses
The Continued Contributions clause requires parties to keep providing agreed-upon resources, services, or payments for a specified period, even after certain events such as contract termination or project completion. In practice, this might mean a partner must continue funding a joint venture or supplying materials until all obligations are fulfilled or a transition is complete. This clause ensures continuity and stability, preventing disruptions and protecting both parties' interests during transitional phases.
Continued Contributions. Effective July 1, 2000, employees may elect to continue to contribute to the pension plan beyond 35 years of service.
Continued Contributions. Notwithstanding anything herein to the contrary, Affinity shall continue to accrue and make contributions to the Affinity ESOP from the date of this Agreement through the ESOP Termination Date in an amount sufficient (but not to exceed the amount necessary) for the Affinity ESOP Trustee to make loan payments that become due in the ordinary course on any outstanding loan to the Affinity ESOP prior to the ESOP Termination Date. Affinity shall also make a contribution to the Affinity ESOP, prior to the ESOP Termination Date, to enable the Affinity ESOP Trustee to make a pro rata payment on any Affinity ESOP loan for any plan year in which the Closing occurs (if the Closing occurs prior to December 31) through and including the earlier of (i) the end of the calendar month immediately preceding the month in which the Closing occurs or (ii) the ESOP Termination Date.
Continued Contributions. Employees may elect to continue to contribute to the pension plan beyond years of service.