Benefit Protection Period definition

Benefit Protection Period. Section 5.8(a)
Benefit Protection Period shall have the meaning set forth in Section 6.7(a).
Benefit Protection Period means the period commencing on the Benefit Protection Period Commencement Date and terminating two years after the date of a Change in Control.

Examples of Benefit Protection Period in a sentence

  • Any amendment, suspension or termination of the Plan which is so approved prior to a Change in Control at the request of a third party who effectuates a Change in Control shall be deemed to be an amendment, suspension or termination approved during the Benefit Protection Period.

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  • In calculating a Participant’s Plan Benefit under Section 3, it shall be assumed that the Retirement Plan formulae and actuarial assumptions in effect on the Benefit Protection Period Commencement Date had continued in effect through the date the Participant incurs a Separation from Service.

  • The Extended Benefit Protection Period ends because of the abandonment of any plans to effectuate a transaction which, if effectuated, would have been a Change in Control and such transaction has not occurred.

  • In this context, Govorov and his co-workers[17] described the laser-induced heating profile by employing the thermal transfer equation and an equivalent solution of Poisson equation from electrostatics.

  • The Member receives a written offer no earlier than the public announcement of the proposed transaction which, when effected, is a Change in Control and no later than the last day of the Extended Benefit Protection Period of a position with the Company or an Affiliate that is a Demotion and does not have the option of remaining in his or her present job.

  • A Change in Control occurs during the Extended Benefit Protection Period.

  • No amendment, revision, suspension or discontinuation of the Plan (including any amendment to this Section XV.) approved by the Board during the Benefit Protection Period under Change in Control shall be valid or effective if such amendment, revision, suspension or discontinuation would alter the provisions of this Section XV.

  • The Member’s employment is involuntarily terminated by the Company on a date determined by the Company in its sole discretion that is no earlier than the public announcement of the proposed transaction which, when effected, is a Change in Control and no later than the last day of the Extended Benefit Protection Period .

  • An agenda for a meeting held January 7, 1997 was placed in evidence, reflecting review of that summary (EX 1).


More Definitions of Benefit Protection Period

Benefit Protection Period means the period commencing six months prior to the public announcement of a proposed transaction which, when effected, is a Change in Control and ending on the date which is two years after the date of a Change in Control.
Benefit Protection Period means the period commencing on the Benefit Protection Period
Benefit Protection Period means the period commencing on the date six months prior to the public announcement of a proposed transaction which, when effected, is a Change in Control and ending on the earlier of the date which is two years after the date of a Change in Control or the date on which the Corporation makes a public announcement that it has abandoned plans to effect the transaction that would have constituted a Change in Control.
Benefit Protection Period. Section 5.8(a) “Book-Entry Shares” Section 2.2(b) “Certificate” Section 2.1(a) “CFIUS” Section 3.5Change of Company Board Recommendation” Section 5.4(d) “Closing” Section 1.2 “Closing Date” Section 1.2 “Company” Preamble “Company $25 Par Value Preferred Stock” Section 3.2(a) “Company $100 Par Value Preferred Stock” Section 3.2(a) “Company Articles” Section 3.1(b)

Related to Benefit Protection Period

  • Medical leave means leave of up to a total of 12 workweeks in a 12-month period because of an employee’s own serious health condition that makes the employee unable to work at all or unable to perform any one or more of the essential functions of the position of that employee. The term “essential functions” is defined in Government Code section 12926. “Medical leave” does not include leave taken for an employee’s pregnancy disability, as defined in (n) below, except as specified below in section 11093(c)(1).

  • CIC Protection Period means the two-year period beginning on the date of a Change in Control and ending on the day before the second annual anniversary of the date of the Change in Control.

  • housing benefit means housing benefit under Part 7 of the SSCBA;

  • Change in Control Protection Period means the period beginning one month prior to and ending twelve (12) months immediately following the consummation of a Change in Control.

  • Annual leave and Clause 6.3 “Personal (Sick) Leave” of this Agreement.

  • Employment Practices Wrongful Act means any actual or alleged:

  • Housing Act means the United States Housing Act of 1937, as amended, or its successor.

  • health worker means a person who has completed a course of

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Family and Medical Leave means a leave of absence for the birth, adoption or foster care of a child, or for the care of your child, spouse or parent or for your own serious health condition as those terms are defined by the Federal Family and Medical Leave Act of 1993 (FMLA) and any amendments, or by applicable state law.

  • the Contributions and Benefits Act means the Social Security Contributions and Benefits Act 1992;

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • Plant Protection Gas means the minimum volumes required to prevent physical xxxx to the plant facilities or danger to plant personnel when such protection cannot be afforded through the use of an alternate fuel. This includes the protection of such material in process as would otherwise be destroyed, but shall not include deliveries required to maintain plant production. A determination will be made by the Seller of minimum volumes required. Such essential volumes will be dispatched accordingly.

  • Credit unemployment insurance means insurance:

  • FMLA Leave means a leave of absence, which the Company is required to extend to an Employee under the provisions of the FMLA.

  • maternity leave means a period during which a woman is absent from work because she is pregnant or has given birth to a child, and at the end of which she has a right to return to work either under the terms of her contract of employment or under Part 8 of the Employment Rights Act 1996;

  • Civil Relief Act The Soldiers' and Sailors' Civil Relief Act of 1940, as amended.

  • Basic Conditions of Employment Act means the Basic Conditions of Employment Act, 1997 (Act No. 75 of 1997);

  • Family leave means any leave taken by an employee from

  • Pregnancy Leave means leave taken for purposes related to giving birth and/or recovering therefrom.

  • parental bereavement leave means leave under section 80EA of the Employment Rights Act 1996;

  • relevant minimum wage means the minimum wage and includes any incremental adjustment prescribed in this award for the class of work for which an employee is engaged

  • Americans with Disabilities Act (“ADA”) means section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990 as amended by the ADA Amendments Act of 2008.

  • Equal Employment Opportunity For any federally assisted construction contract, as defined in 41 CFR 60-1.3, the contractor, subcontractor, subrecipient shall follow all of the requirements of the Equal Opportunity Clause as stated in 41 CFR 60-1.4.

  • Employment Practices means any wrongful or unfair dismissal, denial of natural justice, defamation, misleading representation or advertising, unfair contracts, harassment or discrimination (sexual or otherwise) in respect of employment by the Insured.