401 (k) Plan definition
Examples of 401 (k) Plan in a sentence
All payments due Employee under employee benefit plans or arrangements in which Employee participates, including without limitation, the 401 (k) Plan and any deferred compensation plan of the Company, shall be paid to Employee pursuant to the terms and provisions of such plans.
Excess Health and Welfare monies will be placed into the Company’s 401 (k) Plan in the employee’s name.
Additionally, Executive shall be permitted to continue participation in the benefits provided in Subsection 1(d)(1) to the extent permitted by law so as not to cause disqualification of the 401 k Plan and 1(d)(3) without further Company contributions, except earnings on contributions made prior to termination and except contributions the Company is required to make to ensure that such benefits are fully funded for service prior to termination.
During the Employment Period, Executive shall also (i) be eligible to participate in all benefit programs from time to time maintained by the Company for the benefit of its executives including without limitation, its group medical, dental and term life insurance coverages, 401 (k) Plan, the NuVox, Inc.
Effective April 1, 2015, the IBEW Local 684 Defined Contribution Plan shall be converted to a 401 (k) Plan.
Following the Distribution Date, SONO will offer ------------------------ benefits under the SONO 401(k) Plan to all SONO Employees who were participants in or otherwise entitled to benefits under the ATL Incentive Savings and Stock Ownership/401 (k) Plan (the "ATL 401 (k) Plan").
Immediately prior to the Distribution Date, all SONO Employees who wish to participate in the SONO 401(k) Plan will be required to enroll in the SONO 401(k) Plan in accordance with the terms of the SONO 401 (k) Plan.
There is no match of employee contributions in the Union 401 (k) Plan.
Subject to the terms of the Union 401 (k) Plan, an employee’s contributions generally are deducted from the employee’s wages before any taxes are taken out.
Employee shall be entitled to participate in all of the Company's employee benefit plans in effect from time to time and made available by the Company to its executives and key management employees, including the Company's life and long-term disability insurance plans, medical and dental plans and 401 (k) Plan.