Examples of Grandfathered Benefits in a sentence
A Participant will not be eligible for this cost of living adjustment if the Participant had ceased accruing additional Special Grandfathered Benefits prior to December 31, 2004 due to the Participant’s retirement, death or other termination of employment prior to December 31, 2004.
Notwithstanding anything in Part I of the Plan to the contrary, no additional Special Grandfathered Benefits shall accrue for periods after December 31, 2004.
Recognizing that the economics of development will limit the use of deep aquifer water in the near term.Today, OSE administrative procedures require interested parties to submit a notice of intent and to file an exploratory well permit application and proof of publication in the newspaper.
There shall be no death benefit payable with respect to the Grandfathered Benefits of any such Participant.
Any portion of your SERP payments represented by Grandfathered Benefits will not be delayed by Section 409A.