Examples of Black & Decker Company in a sentence
Each Employee who incurs a Severance shall also be entitled to continue to receive the employee benefits described below during the Continuance Period, or until he obtains another position (including a position with a Black & Decker Company), or until his death, whichever comes first; provided the Employee continues to pay the required employee contribution for the coverage.
Nothing in the Plan shall be deemed to give any Employee the right to be retained in the employ of any Black & Decker Company or to interfere with the right of any Black & Decker Company to discharge an Employee at any time and for any lawful reason, with or without notice or cause.
If a student athlete begins the season with a team and subsequently quits the team, he/she will be unable to participate with any other athletic teams until the season of the team he/she quits has completed.
Except as otherwise provided under this Section 3 or by Section 10 of this Plan, any employee of a Black & Decker Company who is determined by the Pension Committee to be a member of a select group of management or highly compensated employees of a Black & Decker Company and whose benefit under any Defined Benefit Plan is reduced because of the Limitations shall be a Participant in this Plan eligible to receive a Supplemental Pension.
This instrument also satisfies the exclusion restriction because assignment to control affects import values only through customs processing times.
Except as otherwise provided under this Section 3 or by Section 10 of this Agreement, any employee of a Black & Decker Company whose benefit under any Defined Benefit Plan is reduced because of the Limitations shall be a Participant in this Plan eligible to receive a Supplemental Pension.
Notwithstanding anything to the contrary, all of an Employee’s rights to Salary Continuance and to benefits under the Plan will be forfeited if the Employee discloses confidential information of a Black & Decker Company or if the Employee, without the written consent of the Manager of the Plan, enters into competition with a Black & Decker Company.
Black & Decker may, at any time and from time to time, without any Employee’s consent, assign its interest in the Plan with respect to one or more Employees to a Black & Decker Company, which shall assume all of Black & Decker’s obligations hereunder with respect to such Employees and, upon such assignment, the assignee shall be substituted for Black & Decker for all purposes under the Plan with respect to such Employees.
Unless provided in an agreement between the Employee and a Black & Decker Company, the Employee’s employment shall be deemed to have terminated on his or her Severance Date for purposes of any pension, profit-sharing, deferred compensation, stock option, restricted stock, stock bonus or stock purchase plans, whether tax-favored or otherwise, that is sponsored or administered by a Black & Decker Company and in which the Employee participated prior to the Severance Date.SECTION 3.
Services are funded by a ring- fenced grant, which if unspent is required to be carried forward in a specific reserve.