Continuation Plan definition

Continuation Plan means a New Plan resulting from a Consolidation or Spinoff that is not De Minimis.
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Continuation Plan means a new plan resulting from a consolidation or spinoff that is not de minimis pursuant to the regulations under section 414(l) of the Code.
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Continuation Plan has the meaning set forth in Section 8.6.
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Examples of Continuation Plan in a sentence

  • The severance benefit described in the preceding sentence shall be reduced by the amount of any severance benefit payable to the Executive under the Chesapeake Corporation Salaried Employees' Benefits Continuation Plan.

  • The Company reserves the right to alter, modify, revise or eliminate the Management Salary Continuation Plan provided that any such change to the terms will apply to Executive and similarly situated participants.

  • The Salary Continuation Plan in effect on the effective date of this agreement shall remain in effect until modified in whole or part by negotiation between the Employer and the Association.

  • Any severance payments and benefits under this Agreement shall be reduced by the amount of any payments and benefits payable to you under the Income Continuation Plan.

  • Accelerated Vesting and Compensation Continuation Plan and who elected to participate in this Plan and waive any and all rights to benefits he or she had under the EarthLink, Inc.

  • This Agreement shall be cancelled and shall terminate upon the termination of the Executive’s employment with the Corporation for any reason other than the Executive’s disability as defined in Paragraph 3 of the Salary Continuation Plan Agreement between the Corporation and the Executive dated February 20, 2004 (the “Salary Continuation Plan Agreement”).

  • Sickness and accident benefits that the employee could have received had the employee complied with the Salary Continuation Plan will not be subtracted from the working days for which the employee received full pay as set forth above.

  • Executive will also participate in the Company’s Management Salary Continuation Plan as in effect from time to time.

  • Employee shall be eligible to participate in both the Executive Salary Continuation Plan and the Executive Deferred Compensation Plan, each amended and restated effective as of January 1, 2007, as such plans may be amended from time to time by Employer’s Board of Directors and as determined by the President and Chief Executive Officer.

  • The Union has raised a problem in the administration of the Salary Continuation Plan, i.e. where a disability starts after an employee has been notified of the last day to be worked and Salary Continuation payments cease as of this last scheduled work day.


More Definitions of Continuation Plan

Continuation Plan has the meaning given such term in the HMO Reinsurance Agreement.
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Continuation Plan means a new plan resulting from a Consolidation or Spinoff that is not de minimis pursuant to the regulations under section 414(l) of the Code. For this purpose, a Spinoff is not de minimis if the Transferor Plan transfers 3% or more of its assets to the Transferee Plan.
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Related to Continuation Plan

  • Continuation Date means any date on which Borrower continues a LIBOR Advance into another Interest Period.

  • Benefits Continuation Period has the meaning set forth in Section 6.01(b).

  • Continuation Coverage means the temporary continuation of PEBB benefits available to enrollees under the Consolidated Omnibus Budget Reconciliation Act (COBRA), 42 U.S.C. Secs. 300bb-1 through 300bb-8, the Uniformed Services Employment and Reemployment Rights Act (USERRA), 38 U.S.C. Secs. 4301 through 4335, or the public employees benefits board's policies.

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Continuation Notice as defined in Section 2.17(a).