EDC Plan definition
Examples of EDC Plan in a sentence
For the year of the Executive's Termination of Employment, the Company will make the contribution to its Executive Deferred Compensation Plan (the "EDC Plan") that it would have made if the Executive had not had a Termination of Employment determined based on the Executive's deferral for such year.
For the year of the Employee's Termination of Employment, the Company will make the contribution to its Executive Deferred Compensation Plan (the "EDC Plan") that it would have made if the Employee had not had a Termination of Employment determined based on the Employee's deferral for such year.
In the event the City determines that such project is still suitable for public purposes, the City shall proceed with the project described in the EDC Plan.
Executive Deferred Compensation Plan (the “EDC Plan”) in accordance with the terms of the EDC Plan or as otherwise required by applicable law.
To draft and then maintain an EDC Plan that: o Is aligned with the FLC Strategic Plan, including the college‘s mission, vision, and objectives.
As soon as reasonably practicable following the Effective Date, one million five hundred thousand dollars ($1,500,000) of deferred compensation (the "Deferral Amount") shall be credited to an account for the Executive in the LTV Corporation Executive Deferred Compensation Plan (the "EDC Plan") and shall be "funded" in a "rabbi trust" previously created by LTV which provides funding for the EDC Plan and other plans.
Effective as of the earlier of the date of ▇▇▇▇▇▇▇’▇ separation from service (as defined in the EDC Plan) from the Company and all affiliated corporations or December 31, 2012, determine the following amounts for ▇▇▇▇▇▇▇.
Applicable laws may include, but are not limited to, state laws protecting company trade secrets or other confidential information; provided, further, that this Agreement does not supersede nor replace any of the Company’s and/or one of more FINV Entities’ tax qualified retirement plans, the EDC Plan nor the ESPP, all of which shall remain in full force and effect in accordance with their terms and conditions.
Such distribution, if elected, shall be made without penalty not later than 30 days following the Vesting Date under one of the forms provided in Section 6.4 of the EDC Plan which forms will include a lump sum distribution option.
The amount of the credit provided under this Agreement shall be in addition to and not in lieu of any benefits he may be entitled to receive under the Retirement Plan, the DC Plan, the Excess Plan or other provisions of the EDC Plan.