New Qualified Plan definition

New Qualified Plan shall have the meaning set forth in Section 8.5.
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Examples of New Qualified Plan in a sentence

  • APP will file for a favorable determination letter from the IRS on the New Qualified Plan and request a favorable determination from the IRS that NewCo is not a member of an affiliated service group (as defined in Section 414(m) of the Code) or a recipient organization of leased employee services (as defined in Section 414(n) of the Code).

  • Any benefits provided under the New Qualified Plan shall be conditioned on a favorable determination letter from the IRS.

  • Costs associated with the establishment and design of the New Qualified Plan shall be paid by APP.

  • The NewCo shall be responsible for funding any contributions to, or any ongoing administrative costs of, the New Qualified Plan.

  • APP shall use its best efforts to establish a qualified plan and trust for NewCo, within the meaning of Section 401(a) and 501(a), respectively, of the Code ("New Qualified Plan") that will provide benefits comparable (as determined under Section 401(a)(4) of the Code) to the benefits provided under the qualified plans referenced in the Disclosure Schedules, if any, sponsored by the Company as of March 31, 1997.

  • APP and APP Sub shall use their best efforts to establish a qualified plan and trust for NewCo, within the meaning of Section 401(a) and 501(a), respectively, of the Code ("New Qualified Plan") that will provide benefits comparable (as determined under Section 401(a)(4) of the Code) to the benefits provided under the qualified plans referenced in the Disclosure Schedules, if any, sponsored by the Company as of March 31, 1997.

  • NewCo shall be responsible for funding any contributions to, or any ongoing administrative costs of, the New Qualified Plan.

  • On January 28, 2021, the Student’s case manager documented in the communication log a phone call with the Complainant regarding more intensive services, including services, for the Student.

  • Institute of Management Accountants, New York Chapter Newsletter ``IRS Releases Guidance on New Qualified Plan Distribution Rules,'' David J.

  • Additional research is needed to delineate fate and transport parameters for explosives compounds for which data are limited.Adsorption and transformation rate coefficients are adequate for TNT, RDX, HMX, and the mono- and di-amino transformation products of TNT.

Related to New Qualified Plan

  • Qualified Plan means a Pension Plan that is intended to be tax-qualified under Section 401(a) of the IRC.

  • Qualified Plans has the meaning set forth in Section 5.20.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • 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.

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

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

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Basic health benefit plan means any plan offered to an individual, a small group,

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

  • Qualified Allocation Plan or “QAP” means this Qualified Allocation Plan, which was adopted by Board Action on November 16, 2016 and made effective as of January 1, 2017, and which was approved by the Governor of the State of New Mexico pursuant to Section 42(m)(1)(B) of the Code and sets forth the Project Selection Criteria and the preferences for Projects which will receive Tax Credits.

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

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • 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.

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Health benefits plan means a benefits plan which pays or

  • Qualified Preretirement Survivor Annuity means an annuity which is payable for the life of the Participant's surviving spouse.

  • Basic Plan means as to any Member or Vested Former Member the defined benefit pension plan of the Company or an Affiliated Employer intended to meet the requirements of Code Section 401(a) pursuant to which retirement benefits are payable to such Member or Vested Former Member or to the Surviving Spouse or designated beneficiary of a deceased Member or Vested Former Member.

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan that contains or has ever contained a “defined benefit provision” as such term is defined in Section 147.1(1) of the Income Tax Act (Canada).

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

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

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Eligible Retirement Plan means an individual retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the Distributee's Eligible Rollover Distribution. However, in the case of an Eligible Rollover Distribution to the surviving Spouse, an Eligible Retirement Plan is an individual retirement account or individual retirement annuity.