Deferred Stock Unit Plan Sample Clauses
Deferred Stock Unit Plan. Effective as of the Coverage Date, Corn shall adopt the Corn Products International Deferred Stock Unit Plan (the "Corn DSUP"), which shall assume all benefit liabilities as of the Distribution Date under the CPC International Inc. Deferred Stock Unit Plan (the "CPC DSUP"). Corn shall in its sole discretion determine (a) whether the Corn DSUP shall provide further deferrals to eligible Corn Employees with respect to services rendered on and after the Coverage Date, (b) the type of investments and choice of timing and form of benefit payments under the Corn DSUP, and (c) all other terms and provisions of the Corn DSUP.
Deferred Stock Unit Plan. (1) CLFC will cause all required steps to be taken to formally terminate the granting of any additional units under the Canada Life Financial Corporation Deferred Stock Unit Plan dated February 6, 2001 (the "DSU Plan") as soon as reasonably possible.
(2) Lifeco will use commercially reasonable efforts to make adjustments to units granted under the DSU Plan and amendments to the DSU Plan to attempt to preserve the tax benefit of the DSU Plan to its participants and will honor the terms of the DSU Plan in accordance therewith.