Predecessor Plan definition
Examples of Predecessor Plan in a sentence
The Executive may continue to participate in each such Predecessor Plan, in accordance with and subject to each such Predecessor Plan's terms and conditions, as may be modified or amended from time to time by the Employer, until such time as the Employer terminates any such Predecessor Plan.
The term "Benefit Plan" for all purposes of this Agreement shall include each Predecessor Plan (as herein defined).
By accepting the terms of this Agreement, Participant further agrees to these same terms and conditions with respect to any other awards Participant received in any prior year under the Plan or any Predecessor Plan.
If the Employer in its Adoption Agreement elects to disregard vesting Service prior to the time that the Employer maintained the Plan, the Plan Administrator will treat a Predecessor Plan as the Plan for purposes of such election.
If the Employer maintained a Predecessor Plan, for purposes of vesting Service, the Plan Administrator must count service credited to any Employee covered under the Predecessor Plan.