K Plan definition

K Plan means "Community First Choice" as defined in this rule.
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K Plan the meaning set forth in Section 6.3(h).
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K Plan. Employee's participation in Zycad's 401(k) Plan will cease upon termination of Severance Pay as stated above. The Company will not be liable for matching contributions after SEPTEMBER 30, 1997. Employee may receive a lump sum distribution for the amount of Employee's vested account balance within approximately 90 days after ceasing participation in the Plan. If Employee's vested account balance is greater than $3,500, Employee may elect to leave his money in the Plan.
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Examples of K Plan in a sentence

  • Eligible employees may participate in the ▇▇▇▇▇▇ Permanente 401 (K) Plan.

  • Employee shall be entitled to participate in and receive benefits under all of the Company's Benefit Plans or programs generally available to senior management of the Company, including, any 401 K Plan, retirement, disability insurance plans and all other plans or programs.

  • For example, if such lump-sum payment were to be payable as of the date of this Agreement, this lump-sum payment would be $637,500, and would be calculated on the basis of multiplying 20 times 1/12 of $382,500, which amount is equal to the sum of the Executive's base salary for the twelve months period preceding July 31, 1995 ($360,000) and the Company's contributions ($22,500) in respect of its 401 (K) Plan and its Stock Ownership Plan for the Executive in respect of such twelve month period.

  • During the term of this Agreement em- ployees will have the option, on an individual basis, to transfer from the Standard Forwarding LLC 401 (K) Plan to the Team- stersNational 401(K) Savings Plan.

  • The Trust has also adopted an Administrative Services Plan with respect to the Administrative Class shares of the Funds, in conformity with Rule 12b-1, as if the expenditures made thereunder were subject to Rule 12b-1, excepting the shareholder voting rights under Rule 12b-1 (the "Administrative Services Plan," and together with the Retail Class Plans, Class J Plan, Class K Plan, the Administrative Distribution Plan and the Defensive Plan, the "Plans").

  • However, the voluntary deferred compensation, 401 K Plan withdrawals, tax equalization, exercise of vested SARs or SOPs or medical benefits of ▇▇.

  • The City will make available to all members a full Flexible Spending Account (FSA) 125 K Plan, through CIS, in which the employee may set aside tax-sheltered income, through payroll deduction, up to the maximum amounts allowed by law for any purposes allowed by the terms of the law and the Plan.

  • Whe n a worker contributes to the 401 K Plan, the Employer will concurrently contribute an equal amount up to a maximum of one percent (1%) of the worker' s gross wages.

  • Employees electing to make contributions to the 401 K Plan are eligible to participate after completion of their probationary period and the next Open Enrollment Period thereafter.

  • In addition, the Company will pay you, as additional compensation, an amount equal to 2.2% of your base salary in lieu of Company contributions to the Company's 401-K Plan until you are eligible to participate in the 401- K Plan, plus an amount sufficient to pay the federal and state income taxes on such additional compensation.