McDonald's Profit Sharing Plan definition

McDonald's Profit Sharing Plan means the XxXxxxxx'x Corporation Supplemental Profit Sharing and Savings Plan.
Sample 1

Examples of McDonald's Profit Sharing Plan in a sentence

  • Chipotle Employees who participate in the McDonald's Excess Benefit Plan and the McDonald's Profit Sharing Plan shall be deemed to have a separation from service on the date that Chipotle and McDonald's cease to constitute a single employer under Code Section 414(b) and (c) of the Code and distributions to those Chipotle Employees shall be paid in accordance with the terms of those Plans.

  • No liabilities under the McDonald's Excess Benefit Plan or the McDonald's Profit Sharing Plan shall be assumed by Chipotle, other than liabilities for which Chipotle is already responsible with respect to deferrals and matching allocations under those plans prior to the Withdrawal Date.

  • Capitalized terms used in this Plan that are not defined herein have the same meaning as the same term in the McDonald's Profit Sharing Plan.

Related to McDonald's Profit Sharing Plan

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Managing Member for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Incentive Compensation Plans means annual incentive compensation plans and long-term incentive compensation plans of the Company, which long-term incentive compensation plans may include plans offering stock options, restricted stock and other long-term incentive compensation.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Health benefits plan means a benefits plan which pays or

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Compensation Plans shall have the meaning set forth in Section 3.8(b).

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • MIP has the meaning set forth in Section 3(b) of the Agreement.

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Car sharing period means the period of time that:

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • Multiple employer welfare arrangement means a “multiple employer welfare arrangement” within the meaning of Section 3(40) of ERISA.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.