Qualified Defined Contribution Plans Sample Clauses

Qualified Defined Contribution Plans. (a) No member of the Duck Head Group or the Delta Apparel Group shall have any obligation to make contributions to the Delta Woodside Industries, Inc. Savings and Investment Plan (the "Delta Woodside 401(k) Plan") in respect of any member of the Duck Head Employee Group or the Delta Apparel Employee Group or otherwise after the Effective Time, except for accrued but unpaid employee and employer contributions, if any, relating to that employee's compensation earned before the Effective Time.
AutoNDA by SimpleDocs
Qualified Defined Contribution Plans. SECTION 4.01. The SNI 401(k) Plan.
Qualified Defined Contribution Plans. Section 3.1 UOL 401(k) Plan; FTD 401(k) Plan 6 Section 3.2 Contributions as of the Distribution Date 6 U.S. HEALTH AND WELFARE PLANS
Qualified Defined Contribution Plans. Effective as of the Benefits Transition Date, the Radio Group established a defined contribution retirement plan initially to be known as the CBS Radio 401(k) Plan (the “Radio 401(k) Plan”). As soon as practicable following the Benefits Transition Date, the CBS Group shall have caused the accounts of the Radio Employees (excluding any such individual who has not been hired or identified as a Radio Employee as of the Benefits Transition Date) and Former Radio Employees under the CBS 401(k) Plan and related trust (including any outstanding loans) to be transferred to the Radio 401(k) Plan and related trust in cash or such other assets as determined by the applicable plan fiduciaries. As of the date of transfer to the trust maintained for the Radio 401(k) Plan of the CBS 401(k) Plan account of a Radio Employee or Former Radio Employee, Radio shall have caused the Radio 401(k) Plan and related trust to assume and be solely responsible for all liabilities under the Radio 401(k) Plan and related trust with respect to such Radio Employee or Former Radio Employee. CBS and Radio agree to cooperate in making all appropriate filings and taking all commercially reasonable actions required to implement the provisions of this Section 9.03(a); provided that Radio acknowledges that it shall be responsible for complying (or ensuring that its prototype plan provider is complying) with any requirements and applying for any Internal Revenue Service determination or opinion letters with respect to the Radio 401(k) Plan and related trust. Subject to the requirements of applicable Law, from and following the transfer to the Radio 401(k) Plan and related trust of the applicable accounts under the CBS 401(k) Plan and related trust, participants in the Radio 401(k) Plan may transfer the investment of their plan accounts out of CBS Class B Common Stock and shall be prohibited from transferring the investment of their plan accounts or electing the investment of new contributions to their plan accounts in shares of CBS Class B Common Stock. Prior to or as soon as practicable following the De-consolidation Date, CBS shall transfer account balances (including any outstanding loans) from the CBS 401(k) Plan to the Radio 401(k) Plan of any individual who becomes a Radio Employee after the Benefits Transition Date and on or prior to the De-Consolidation Date, which transfer may be effectuated through a trust-to-trust transfer, as determined by CBS, based on the principles and procedures se...
Qualified Defined Contribution Plans. Any tax-qualified defined contribution plans of the Seller (the "Seller's Defined Contribution Plans") will fully vest the Transferred Employees in, and will provide for the distribution to or on behalf of the Transferred Employees of, their account balances in accordance with such Plans' regular distribution rules for employees whose employment with the Seller and its Affiliates has terminated, provided that the Seller determines that such distributions will not adversely affect the qualified status of the Seller's Defined Contribution Plans under Section 401(a) of the Code. The Buyer shall have no responsibility for any determination made under the Seller's Defined Contribution Plans. So long as the Buyer maintains one or more defined contribution pension plans for its other similarly situated employees, the Buyer shall include the Transferred Employees in such plans (the "Buyer Defined Contribution Plan"). The Buyer Defined Contribution Plan shall recognize the Transferred Employees' service recognized by the Seller for purposes of eligibility to participate and vesting.
Qualified Defined Contribution Plans. Section 4.1 The MSG 401(k) Savings Plan 13 Section 4.2 Stock Investment Options 14 ARTICLE V
Qualified Defined Contribution Plans. Section 7.1. Establishment of the Schlage Lock Company LLC 401(k)
AutoNDA by SimpleDocs
Qualified Defined Contribution Plans. 11 Section 3.1 Participation of PJT Personnel in the Blackstone Savings Plan; Vesting 11 Section 3.2 PJT Savings Plan 11 Section 3.3 Transfer of Plan Assets and Liabilities 12 ARTICLE IV HEALTH AND WELFARE PLANS 12 Section 4.1 Health and Welfare Plan Participation 12 Section 4.2 Reimbursement Account Plans 12 Section 4.3 Certain Liabilities 13 Section 4.4 Time-Off Benefits 13
Qualified Defined Contribution Plans. Agriliance will cause its qualified defined contribution plan to transfer assets to the qualified defined contribution plans of CHS or LOL at such time as CHS and LOL may jointly direct through the Agriliance benefit committee for the account of any Hired CN Employees or Hired CPP Employees.
Qualified Defined Contribution Plans. (a) Seller shall cause the ChevronTexaco Corporation Employee Savings Investment Plan and any related excess or top hat benefit plans designed to provide benefits not otherwise payable under the ChevronTexaco Corporation Employee Savings Investment Plan due to various Internal Revenue Code limitations or limitations to compensation taken into account under the ChevronTexaco Corporation Employee Savings Plan (“Seller’s Defined Contribution Plan”) to provide for the distribution of such Affected Employee’s vested benefit in accordance with such Seller’s Defined Contribution Plan’s distribution rules. All Affected Employees are one hundred percent (100%) vested in Sellers’ Defined Contribution Plan under its terms.
Time is Money Join Law Insider Premium to draft better contracts faster.