Parent 401(k) Plan definition

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

Parent 401(k) Plan shall have the meaning set forth in Section 4.11(f).

Parent 401(k) Plan means a defined contribution plan that is sponsored by Parent or one of its Subsidiaries that is qualified under Section 401(a) of the Code and that includes a qualified cash or deferred arrangement within the meaning of Section 401(k) of the Code.

Examples of Parent 401(k) Plan in a sentence

• The Company, the Parent and the Buyer agree that, as soon as practicable after Closing, but in any event within 90 days of the Closing Date, the account balances in the Parent 401(k) Plan of the Transferred Employees shall be transferred to a qualified 401(k) retirement savings plan established by the Buyer (the “Buyer’s 401(k) Plan”) in accordance with Section 414(l) of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations promulgated thereunder.

• The procedure for conducting a search in the boarding house is given in appendix 3.

• Effective as of the Effective Time but subject to the Asset transfer specified in Section 5.01(b) above, the SpinCo 401(k) Plan shall assume and be solely responsible for all the Liabilities for or relating to SpinCo Group Employees or Former SpinCo Group Employees under the Parent 401(k) Plan.

• No SpinCo Group Employee shall be entitled to a right to a distribution of his or her benefit under the Parent 401(k) Plan as a result of his or her transfer of employment from the Parent Group to the SpinCo Group nor as a result of the completion of the Separation.

• Within 60 days after the Buyer’s 401(k) Plan is established and ready to accept transfers, the Parent shall cause the transfer to the Buyer’s 401(k) Plan of the account balances in the Parent 401(k) Plan of the Transferred Employees.

More Definitions of Parent 401(k) Plan

Parent 401(k) Plan has the meaning set forth in Section 6.13(d).

Parent 401(k) Plan means the Varian Medical Systems, Inc. Retirement Plan.

Parent 401(k) Plan means the ServiceMaster Profit Sharing and Retirement Plan, as in effect or as it may be amended from time to time.

Parent 401(k) Plan means the EQT Corporation Employee Savings Plan.

Parent 401(k) Plan means any Parent Plan that is a defined contribution plan intended to qualify under Section 401(a) of the Code.

Parent 401(k) Plan means the Netgear 401(k) Plan as in effect as of the time relevant to the applicable provision of this Agreement.

Parent 401(k) Plan means the Scientific Games Corporation 401(k) Plan.