ANEX Plan definition

ANEX Plan means the portion of the Crestar Financial Corporation Additional Nonqualified Executive Plan that provides “Defined-benefit Benefit Entitlements” (as such term is defined therein), as amended from time to time, and any successor thereto.
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Examples of ANEX Plan in a sentence

  • Effective July 1, 1999, the Crestar Additional Nonqualified Executive Plan (the “ANEX Plan”), a deferral plan similar to the 401(k) Excess Plan, was merged into the 401(k) Excess Plan and the existing account balances attributable to both the 401(k) Excess Plan and the ANEX Plan as of June 30, 1999, were frozen as to future contributions and renamed the “Excess Plan Frozen Balance” and the “ANEX Frozen Balance,” respectively.

  • If the Participant elects an optional form of payment under this Section 3.05, any contingent annuitant or beneficiary designated in connection with that election need not be the same as any contingent annuitant or beneficiary designated under the Retirement Plan, the Excess Plan, the ANEX Plan or any other plan providing a benefit that is part of the Offset Amount.

  • If Executive is not a participant in the Thrift and Profit Sharing Plan or the ANEX Plan (or a successor or replacement plan) immediately prior to the earlier of the Control Change Date or the Date of Termination, the matching contribution rate for such Plan shall be zero for purposes of this paragraph 1(b).

  • A Participant's ANEX Plan Frozen Balance ------------------------ shall remain invested in the Investment Funds pursuant to the Participant's investment election under the ANEX Plan as in effect on June 30, 1999.

  • ANEX Plan means the Crestar Additional Nonqualified Executive Plan, as ---- amended and restated effective December 30, 1998.

  • Each Participant's Account is comprised of the undistributed amount of (i) the Participant's Excess Plan Frozen Balance or ANEX Plan Frozen Balance; (ii) elective contributions, Employer matching contributions and any other contributions made to this Excess Plan after June 30, 1999, as described in Section 4 herein; and (iii) any earnings, gains or losses on such frozen balances and contributions.

  • This Section A2-5.2 shall not apply to any Participant to whom Article 7 applies or to any ANEX Plan Frozen Balance.

  • The Company shall pay to Executive an amount equal to three times the annual matching contribution under the Thrift and Profit Sharing Plan and ANEX Plan (or any successor or replacement plan, as applicable), assuming the same matching contribution rate and the same percentage deferral by Executive under each such Plan as in effect immediately prior to the Control Change Date or the Date of Termination, whichever date produces the higher amount.

  • Notwithstanding the foregoing, the Corporation shall have no obligation to pay any benefits for ANEX Plan Frozen Balances to the extent that any assets are held in the Crestar Bank Selected Executive Plans Trust.

  • ANEX Plan means the portion of the Crestar Financial Corporation Additional Nonqualified Executive Plan that provides "Defined-benefit Benefit Entitlements" (as such term is defined therein), as amended from time to time, and any successor thereto.

Related to ANEX Plan

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • Business Continuity Plan means any plan prepared pursuant to clause H5.6, as may be amended from time to time.

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • RSU Plan means the restricted share unit plan for senior officers, employees and consultants adopted in November of 2008 by Jaguar, as amended from time to time;

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Basin plan means the same as “water quality control plan” as defined in Division 7 (commencing with Section 13000) of the Water Code. Basin Plans are adopted by each Regional Water Board, approved by the State Water Board and the Office of Administrative Law, and identify surface water and groundwater bodies within each Region’s boundaries and establish, for each, its respective beneficial uses and water quality objectives. Copies are available from the Regional Water Boards, electronically at each Regional Water Boards website, or at the State Water Board’s Plans and Policies web page (http://www.waterboards.ca.gov/plans_policies/).

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Supply Plan has the meaning set forth in the CAISO Tariff.

  • SIP means Session Initiation Protocol.

  • Rectification Plan means the rectification plan pursuant to the Rectification Plan Process;

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Health benefits plan means a benefits plan which pays or

  • Transition Plan means a transition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination of this Agreement and how the transition of the clients to new service providers will be effected in a timely manner; and

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Company Stock Option Plan means each stock option plan, stock award plan, stock appreciation right plan, phantom stock plan, stock option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any stock, option, warrant or other right to purchase or acquire capital stock of the Company or right to payment based on the value of Company capital stock has been granted or otherwise issued.