Initial Plan Year definition
Examples of Initial Plan Year in a sentence
Unless otherwise designated by the Company, if the Deferral Period is specified in terms of Plan Year or calendar years, the Deferral Period for an Initial Deferral Election begins on the first day of the first Plan Year beginning after the end of the Initial Plan Year and shall end on the last day of the last Plan Year which is the same number of Plan Years after the Initial Plan Year as the number of Plan Years of calendar years specified in the Deferral Election.
This advance, or initial deposit, will be made prior to the Effective Date of Initial Plan Year and will be used by CYC to pay claims.
Initial Plan Year 2: Halfway the first project year we decided to use basecamp for internal project communication: a well-known tool for internal communication.
The marketing plan for calendar year 1994 (the “Initial Plan Year”) shall also contain estimates for the three (3) -year period starting with that Initial Plan Year.
Subject to the terms of this Agreement, Employee shall be entitled to receive, and Employer hereby agrees to make, an Annual Distribution equal to 1.0% (the "Applicable Percentage") of NIBT for each Plan Year, commencing with the Initial Plan Year and continuing through the Term of this Agreement.