Former Plan definition
Examples of Former Plan in a sentence
Under the Former Plan, the interest was credited as of the first day of the Deferral Year.
Each Participant who has a balance standing to his credit in the Former Plan as of April 1, 1998, shall be permitted a one-time election, on or before April 1, 1998, to convert all or a portion of the balance standing to his credit in the Former Plan to Deferred Stock Units as of April 1, 1998.
An unfunded, bookkeeping account maintained on the books of the Corporation for a Participant which reflects his interest in amounts attributable to his Deferred Contributions under the Former Plan.
The Deferred Cash Account of a Participant consists of his Deferral Contributions made under the Former Plan with respect to Compensation earned after December 31, 1994 and before April 1, 1998.
That portion of a Participant's Compensation which is deferred under the Plan or which has been deferred under the Former Plan.