EOSP definition

EOSP means the time the Vessel records End of Sea Passage on arrival after any voyage;
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Examples of EOSP in a sentence

  • This position is eligible for participation in the Elected Officer Supplemental Program (EOSP).

  • The EOSP is a non-qualified defined benefit pension plan that substantially augments IR’s qualified pension plan and, as its name denotes, is reserved for elected officers of the company.

  • Amounts reported in this column reflect the aggregate increase in the actuarial present value of the benefits under the qualified Ingersoll Rand Pension Plan Number One (the “Pension Plan”), Supplemental Pension Plan I, Supplemental Pension Plan II (together with Supplemental Pension Plan I, the “Supplemental Pension Plans”), KMP and EOSP, as applicable.

  • In no case will the number of years of service credit exceed what is allowable under the EOSP (which is 35 years of service credit).

  • Service credits earned under the Ingersoll Rand EOSP will transfer to the New Security SERP (you will be provided with a statement documenting this service credit transfer within 30 days after accepting this offer).

  • In addition, in the event of a Change-in-Control (“CIC”) after New Security has been formally established and you were to experience a loss of job within two years after the CIC (in accordance with the CIC Plan), an additional two years of age and service credit will be added to your EOSP calculation.

  • You are currently fully vested in the Elected Officer Supplemental Program (EOSP).

  • Further, as an Officer of the Company, you will be nominated for membership in the company's Elected Officer Supplemental (Pension) Plan, under the terms and conditions of that Plan, except as modified below: The Elected Officer Supplemental Plan (EOSP) provides retirement benefits at normal retirement age, which for Officers is 62, based on a percentage of your defined final earnings (final salary plus the average of the highest five of your last six bonuses).

  • The EOSP is a non-qualified defined benefit pension plan that substantially augments IR’s qualified pension plan.

  • The EOSP provides a benefit pursuant to a formula in which 1.9% of an officer’s final average pay is multiplied by the officer’s years of service (up to a maximum of 35 years) and then reduced by the value of other retirement benefits the officer will receive that are provided by Ingersoll Rand under certain qualified and nonqualified retirement plans as well as Social Security.

Related to EOSP

  • DPI means the North Carolina Department of Public Instruction.

  • DS Electric generation service that is provided at retail pursuant to the Applicable Legal Authorities under the Company’s retail electric tariffs and under any other agreements or arrangements between the Company and Customers, to any Customer that is not being served by an EGS. Default Allocation Assessment – shall have the meaning ascribed to it under the PJM Agreements. Delivery Period – The delivery period specified in an Appendix C Transaction Confirmation. Delivery Point – Means the applicable zone of the Company as designated by PJM. DS Customer(s) – Retail customers who are provided Default Service pursuant to the terms of this Agreement, the Applicable Legal Authorities and the Company’s retail tariffs.

  • ESP means the Company’s Executive Savings Plan.

  • ECC means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • EDSP means the Exchange Delivery Settlement Price and has the meaning attributed to it in Rule PPPP.5.

  • NPS means nominal pipe size.

  • CTI means Castle Transmission International Limited.

  • ESI means Entergy Services, Inc.

  • SAIC means the State Administration of Industry and Commerce of the PRC or, with respect to the issuance of any business license or filing or registration to be effected by or with the State Administration of Industry and Commerce, any Governmental Authority which is similarly competent to issue such business license or accept such filing or registration under the laws of the PRC.

  • Merck has the meaning set forth in the preamble.

  • Catalyst means a substance whose presence enhances the reaction between chemical compounds.

  • CSP means a Member or a Special Member, which action on behalf of itself or one or more other Members or non-Members, participates in the PJM Interchange Energy Market, Ancillary Services markets, and/or Reliability Pricing Model by causing a reduction in demand. Customer Facility:

  • SPI means the information categories listed at Tex. Bus. & Com. Code § 521.002(a)(2).

  • Novartis shall have the meaning set forth in the Preamble.

  • PSI means pounds per square inch.

  • BMS means the Company, all related companies, affiliates, subsidiaries, parents, successors, assigns and all organizations acquired by the foregoing.

  • Raptor means all birds of the orders Falconiformes and Strigiformes, commonly called falcons,

  • LSI means Large Scale Industry

  • Honeywell has the meaning set forth in the preamble.

  • Siemens means Siemens AG (Germany) and its Affiliates.

  • ADC means the Australian Disputes Centre Limited.

  • APC means the Ambulatory Payment Classification system under 42 CFR 419.31 used by Medicare for grouping clinically and resource-similar procedures and services.

  • BLS means Basic Life Support.

  • BIP means Brookfield Infrastructure Partners L.P.;