Common use of Current Plan Clause in Contracts

Current Plan. Employees who join the Company Defined Contribution (DC) Pension Plan will continue to be eligible for pension benefits in the Company Defined Benefit (DB) Pension Plan based on their pensionable service to December 31, 2004. The amount of benefit at the time of their retirement, death or termination of employment will be calculated on their final average earnings up to and including December 31st, 2004. They will continue to be eligible for all other benefits and options in the Company Defined Benefit (DB) Pension Plan, except that the amount of the benefit will be determined based on their pensionable service and final average earnings to December 31, 2004.

Current Plan. Employees who join the Company Defined Contribution Plan (DCDC Plan) Pension Plan will continue to be eligible for pension benefits in the Company Defined defined Benefit Plan (DBDB Plan) Pension Plan based on their pensionable service to December 31September 1, 2004. The amount of benefit at the time of their retirement, death or termination of employment will be calculated on their final average earnings up to and including December 31stSeptember 1, 2004. They will continue to be eligible for all other benefits and options in the Company Defined Benefit Plan (DB) Pension DB Plan), except that the amount of the benefit will be determined based on their pensionable service and final average earnings to December 31September 1, 2004.