Merck Plan definition

Merck Plan means the Merck & Co., Inc. Savings and Security Plan.
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Examples of Merck Plan in a sentence

  • For the avoidance of doubt, Purchaser shall be responsible for, covenants to pay and otherwise discharge, and shall indemnify and hold harmless, Seller against any Liability or claim (including reasonable attorney’s fees) relating to or arising out of the employment of the Merck Plan Employees following the Closing (other than with respect to Liabilities or claims arising from the Merck Plans).

  • In addition, to the extent that any individual has a loan outstanding under the Merck Plan as of the transfer date, such loan and the associated promissory note shall be transferred to the Plan and shall thenceforward be treated as a loan from the Plan.

  • If a Participant’s combined years of participation in this Plan, a predecessor to this Plan, and/or the Merck Plan is less than five years, the Participant may not request an in-service withdrawal pursuant to Section 8.3(a) that includes any portion of his or her Matching Contribution Account, but not earnings attributable thereto, contributed less than two years prior to the date of the requested withdrawal.

  • BS has a selection of films and a projector.• Hold in the courtyard, or games hall if weather inclement.• Participants to bring blankets (BS has deckchairs if needed).• Parent Council to run the snacks (hot chocolate, marshmallows, etc) for takings.• Cater for around 50.• Advertise through Facebook, Youth Club, Primaries, poster to PM to email to parents.

  • With respect to each individual who has an account under the Merck Plan as of the transfer date, the person's Pre-Tax Contributions, After-Tax Contributions, Company Matching Contributions, Rollover Contributions and Trust to Trust Transfers shall be transferred to his respective account under the Plan.

  • In the event the Merck Group achieves the sales plan ("Merck Plan") established for the entire Merck Group as a whole for the preceding year, Supplier shall pay the Merck Group a reward for its success ("Merck Group Award").

  • Effective as of such date as the Merck Plan shall be merged with and into this Plan (the "merger date"), all assets held under the Merck Plan for Transferred Employees shall be transferred to and become a part of the Trust Fund.

  • In addition, to the extent that any individual has a loan outstanding under the Merck Plan as of the merger date, such loan and the associated promissory note shall be transferred to the Plan and shall henceforward be treated as a loan from the Plan.

  • Employee Savings and Security Plan (the "Merck Plan") which covered Transferred Employees (as herein defined) and shall provide benefits accrued by Transferred Employees under the Merck Plan prior to such date to the extent that they have not been distributed.

  • Effective as of the date as of which all assets and liabilities under the Merck Plan attributable to Transferred Employees shall be transferred to and become a part of the Trust Fund (the "transfer date"), all benefits payable with respect to a person's participation in the Merck Plan, shall be payable from the Trust Fund under the Plan to the extent not previously distributed.

Related to Merck Plan

  • 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.

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • Stock Plan means any stock incentive, stock option, stock ownership or employee benefits plan of the General Partner.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • RBC plan means a comprehensive financial plan containing the elements specified in K.S.A. 40-2c06, and amendments thereto. If the commissioner rejects the RBC plan, and it is revised by the insurer, with or without the commissioner's recommendation, the plan shall be called the "revised RBC plan."

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Supply Plan has the meaning set forth in the CAISO Tariff.

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

  • Development Program means the implementation of the development plan.

  • Development Plan has the meaning set forth in Section 3.2.

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

  • Transition Plan means a transition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination of this Agreement and how the transition of the clients to new service providers will be effected in a timely manner; and

  • Option Plan has the meaning ascribed to it in section "4.7" hereinbelow;

  • Development Plans means a coherent set of operations defined and financed exclusively by the OCTs in the framework of their own policies and strategies of development, and those agreed upon between an OCT and the Member State to which it is linked;

  • Research Agreement means a new written contract, grant or cooperative agreement entered into between a person and a college or research corporation for the performance of qualified research; however, all qualified research costs generating a rebate must be spent by the college or research corporation on qualified research undertaken according to a research agreement.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Technology Transfer Plan will have the meaning set forth in Section 4.1.

  • SRA means the special rating area determined by the Council in terms of section 22 of the Rates Act, read with section 8(1) of the By-Law, the boundaries of which are delineated in Annexure A to this Manual, which is managed by the CID NPC.

  • Case plan means a written document developed by the PCSA, PCPA or Title IV-E agency and the family which identifies strengths of the family, concerns to be resolved and supportive services to be provided which will result in ensuring permanence for the child.

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).

  • Pilot program means a program using a representative sample of residential and small commercial customers to assist in developing and offering customer choice of electricity supply for all residential and commercial customers.

  • Work Plan means a plan that describes each individual activity to be conducted to complete eligible activities and the associated costs of each individual activity.

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • Area Plan means the document submitted by the AAA to DSHS for approval every four years, with updates every two years, which sets forth goals, measurable objectives, outcomes, units of service, and identifies the planning, coordination, administration, social services and evaluation of activities to be undertaken by the AAA to carry out the purposes of the Older Americans Act, the Social Security Act, the Senior Citizens Services Act, or any other statute for which the AAA receives funds.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.