Alternate plan definition

Alternate plan means any deferred compensation plan authorized under s. 40.80 (2m), Stats., and offered by an alternate administrator.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Alternate plan has the meaning set forth in Section 5.10(b).

Alternate plan means the plan under which an employer purchases service credit for its employees by paying an actuarial cost of the service in a lump sum or by annual installments.]

Examples of Alternate plan in a sentence

• Seller shall notify Buyer of its engagement in discussions concerning an Alternate Plan and shall keep Buyer reasonably informed, on a current basis, of material developments that could reasonably be expected to result in an Alternate Plan.

• The faculty/ACF member shall pay 20% or 30% of the premium equivalent for the Alternate Plan 1.

• For the duration of this Agreement, the College shall pay 70% or 80% of the premium equivalent of the Alternate Plan 1.

• For the duration of this Agreement, the College shall contribute to the HSA (up to $1,000 single and $2,000 family per year) if the Alternate Plan 1 is selected.

• Having had the opportunity to be fully informed with regard to the ramifications of electing to participate in either the Alternate Plan or OTRS, you must make the one-time irrevocable election.

• You should make your decision as to whether participation in the Alternate Plan or OTRS is best for you based upon various factors including, but not limited to, your age, years of service, compensation, and requirements of post-retirement income.

• OPTIONAL HEALTH PLAN‌ The College makes available an optional plan for employees to select from: The Alternate Plan - UHC ASO Definity HSA HDHP Choice Plan.

• The Alternate Plan is a defined contribution plan and is intended to meet the qualification requirements of Section 401(a) of the Internal Revenue Code of 1986.

• Payment of Medical Benefit under this Article shall commence on the day following the day eligibility for benefits under the Alternate Plan ceases.

• Each Stockholder shall, and shall direct or cause his representatives and agents to, immediately cease and cause to be terminated any discussions, arrangements or negotiations that may be ongoing with respect to any Acquisition Proposal or Alternate Plan.

More Definitions of Alternate plan

Alternate plan means any chapter 11 plan that is not the Joint Plan.

Alternate plan means a renovation or rehabilitation plan for either a residential housing property below minimum habitability standards or a blighted housing property prepared by the owner or other secured party that preserves the historic integrity of the residential building and restores such property to minimum habitability standards as evidenced by (a) a physical condition assessment identifying components of the blighted housing property requiring repair, replacement, or improvement to restore the property to minimum habitability standards in a cost-effective manner, (b) an estimate and certificate of costs executed by the owner or other secured party, including a schedule of values executed by a contractor committed to complete the repairs, replacements, or improvements identified in the physical condition assessment within the estimate of

Alternate plan means a plan, submitted by a Proponent that provides an alternative to receiving and Processing Recyclables, which may include but not be limited to, exporting Recyclables to an alternate material recovery facility, and/or utilizing a sub-contractor for Processing, should Processing be disrupted for a period longer than seven (7) Calendar Days.