Current Plan Year definition
Examples of Current Plan Year in a sentence
For purposes of this test an eligible Employee is an Employee who is directly or indirectly eligible to make Salary Deferral Contributions for all or part of the Current Plan Year.
Any deferred bonuses that were earned with respect to any Prior Plan Year that are not paid as of the Cut-off Date shall be treated as benefits for the Current Plan Year in accordance with Section 2.07(b).
The Manor Care Stock Purchase Plan shall continue in effect after the Distribution Date and payroll deductions for all eligible Plan participants who are Retained Employees shall continue at the same levels after the Pre-Distribution Purchase Date until the earlier to occur of: (i) final purchase of stock at the end of the Current Plan Year quarter in which the Distribution Date occurs (the "Post-Distribution Purchase") or (ii) the date the participant withdraws from said Plan.
Sunburst will fund the Company Matching Contribution required with respect to the Current Plan Year in consideration for the payment by Choice of the Funding Payment described in Section 2.01(c), above.
Notwithstanding any other provision of this Agreement or the Flexible Benefits Plan, claims incurred by a Crestline Employee or Host Employee during the Current Plan Year shall be paid for under the Flexible Benefits Plan, to the extent covered under the terms of such plan.