Plan Year definition

Plan Year means the calendar year.
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Plan Year means a twelve-month period commencing on January 1 and ending on December 31 of each year. The initial Plan Year shall commence on the effective date of this Agreement.
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Plan Year means a calendar year.
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Examples of Plan Year in a sentence

  • Any Individual Target Award, adjusted to reflect financial performance, may be further adjusted with the review and approval of the Committee to give full weight to the Participant’s individual performance during the Plan Year.

  • If your service is terminated prior to the Payment Date of your award by reason of your death, Disability or Retirement before the completion of the Plan Year, you will be entitled to receive payment in accordance with Section 4 of a prorated award.

  • The Committee may make adjustments in the method of calculating the attainment of Performance Goals for a Plan Year, as the Committee may determine in its sole discretion, during the Performance Period.

  • The award shall be prorated on the basis of the ratio the numerator of which is the number of whole months of the Participant’s service during the Plan Year and the denominator of which is twelve.

  • After any Plan Year for which an Individual Target Award is established for a Participant under the Plan, the Committee shall review and approve, modify or disapprove the amount, if any, to be paid to the Participant for the Plan Year.


More Definitions of Plan Year

Plan Year means the Company’s fiscal year.
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Plan Year means the fiscal year of the Company.
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Plan Year means a period beginning on January 1 of each calendar year and continuing through December 31 of such calendar year.
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Plan Year means the 12-month period beginning January 1 and ending December 31.
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Plan Year means the period from the Effective Date to December 31st of the year of the Effective Date.
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Plan Year means the twelve (12) month period commencing January 1 and ending December 31.
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Plan Year means the time period established by the
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