Common use of Protected Benefit Clause in Contracts

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 2 contracts

Samples: Participation Agreement (Nci Building Systems Inc), Plan and Trust Agreement (Finisar Corp)

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Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-41.411(d)‑4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulationsregulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 1 contract

Samples: Plan and Trust Agreement (Bob Evans Farms Inc)

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Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-41.411(d) -4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 1 contract

Samples: Adoption Agreement (Knowles Corp)

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