PUP definition
Examples of PUP in a sentence
The term "PUP" for purposes of this Agreement shall mean --- the SunTrust Banks, Inc.
If Executive’s employment terminates under the circumstances described in § 3(a) or § 3(f), Executive shall have a right to any benefits under any employee benefit plan, policy or program maintained by SunTrust or any SunTrust Affiliate (other than the MIP, the PUP and the SunTrust Severance Pay Plan) which Executive had a right to receive under the terms of such employee benefit plan, policy or program after a termination of Executive’s employment without regard to this Agreement.
Nothing in this Agreement will supersede, pre-empt, or modify the statutory priority of PUP and its related projects, or any existing obligation to provide the same.
The extent of such obligations are set forth in transmission or joint participation contracts between WAPA and any Contractor or group of Contractors, and/or are pursuant to Bureau of Reclamation projects for PUP.
If Executive participates in a functional incentive plan and in the PUP but not in the MIP, the payment made to Executive under § 3(a)(2)(E)(1) shall not exceed the payment which would have been made to Executive if Executive instead had been a participant in the MIP.