Examples of Plan Separation Date in a sentence
Until the Plan Separation Date, all participant information was provided in the manner and medium applicable to Participating Companies in the Dover Benefit Plans generally, and thereafter until the time at which the Parties subsequently determine, all participant information has been and shall be provided in a manner and medium that are compatible with the data processing systems of Dover as in effect as of the Plan Separation Date, unless otherwise agreed to by Dover and Apergy.
Effective as of the Plan Separation Date, Apergy Participants in the Apergy 401(k) Plan have been and are prohibited from increasing their holdings in the Dover employer securities fund and may elect to liquidate their holdings in such Dover employer securities fund and invest the proceeds in any other investment fund under the Apergy 401(k) Plan.
Effective as of the Plan Separation Date, Dover and Apergy established a Dover employer securities fund under the Apergy 401(k) Plan.
As of the Plan Separation Date, the applicable member of the Xxxxxxx Group shall have credited each Xxxxxxx Employee with the unused vacation days and personal and sickness days that such individual has accrued immediately prior to the Plan Separation Date (not previously paid or required to be paid) in accordance with the vacation and personnel policies applicable to such employee immediately prior to the Plan Separation Date.
Effective as of the Plan Separation Date, (i) each member of the Xxxxxxx Group shall have ceased to be Participating Companies in any Dover Plan, (ii) each member of the Dover Group shall have ceased to be Participating Companies in any Xxxxxxx Plan and (iii) Dover and Xxxxxxx shall have taken all necessary action to effectuate such cessations as Participating Companies.
Until the Plan Separation Date, all participant information shall be provided in the manner and medium applicable to Participating Companies in the Dover Plans generally, and thereafter until the time at which the Parties subsequently determine, all participant information shall be provided in a manner and medium that are compatible with the data processing systems of Dover as in effect as of the Plan Separation Date, unless otherwise agreed to by Dover and Xxxxxxx.
As of the Plan Separation Date, Dover transferred the account balances (if any) under the Dover FSAs of each Apergy Employee who elected to participate therein to the corresponding Apergy FSAs. The Apergy FSAs assumed responsibility as of the Plan Separation Date for all outstanding dependent care and medical care claims under the Dover FSAs of each Apergy Employee and assumed and agreed to perform the obligations from and after the Plan Separation Date.
As of the Plan Separation Date, Xxxxxxx shall have assumed and be responsible for administering compliance with the health care continuation requirements of COBRA and the certificate of creditable coverage requirements of HIPAA, in accordance with the provisions of the Xxxxxxx Health and Welfare Plans, with respect to Xxxxxxx Participants who incurred a COBRA qualifying event or loss of coverage under the Dover Health and Welfare Plans at any time on or before the Plan Separation Date.
As soon as practicable after the Plan Separation Date, Dover shall have transferred to Xxxxxxx an amount equal to the total contributions made to the Dover FSAs by Xxxxxxx Employees in respect of the plan year in which the Effective Time occurs, reduced by an amount equal to the total claims already paid to Xxxxxxx in respect of such plan year, if any.
From and after the Plan Separation Date, Dover shall provide Xxxxxxx with such information such entity may reasonably request to enable it to verify any claims information pertaining to a Dover FSA.