Predecessor Plans Clause Samples
Predecessor Plans. The Employee hereby acknowledges and agrees that all of the Employee's outstanding options that were granted pursuant to the Predecessor Plans (as defined in the Plan) shall hereafter become subject to the terms of this Agreement.
Predecessor Plans. Upon the Effective Date of the Plan, no further benefits shall accrue under any Predecessor Plans and account balances accrued under any Predecessor Plans shall be governed by the provisions of this Plan, except as provided in Section 11.18 hereof.
Predecessor Plans. The Employee hereby acknowledges and agrees that all of the Employee’s outstanding options that were granted pursuant to the Predecessor Plans (as defined in the Plan) shall hereafter become subject to the terms of this Agreement.
Predecessor Plans. The amount of Seven Hundred Eighty Thousand Three Hundred Sixty-Two Dollars ($780,362) (the "Predecessor Plan Amount") plus all investment earnings on such amount from December, 2002 through the Applicable Calculation Date. The Predecessor Plan Amount constitutes the Executive's aggregate account balance under various former benefit plans of the Company or its predecessors.