Transfers to and from Collectively Bargained Jobs Sample Clauses

Transfers to and from Collectively Bargained Jobs. If a Participant’s employment is transferred to an employment position in a job classification that is covered by a collective bargaining agreement with the Company, an Employer or Affiliated Employer pursuant to which the Participant is required to participate in the Pension Plan (the non-cash balance portion of the Plan) or other defined benefit plan, then the Participant shall become a participant in the Pension Plan or such other defined benefit plan, as the case may be, and shall not be entitled to receive Employer Credits under Section 6.1(b) during the time he participates in the Pension Plan or such other defined benefit plan. Such Participant shall only receive Interest Credits under Section 6.1(c), or Section I(c) of Appendix D, if applicable, during any period of such employment. If an Employee becomes an Eligible Employee because his employment position is no longer covered by a collective bargaining agreement, then such Eligible Employee shall immediately become a Participant in the Program. The Participant’s Accrued Benefit shall be offset by the Actuarial Equivalent of his vested accrued benefit, if any, under the Pension Plan or other defined benefit plan.
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