Examples of Purchaser’s 401(k) Plan in a sentence
To act as a check on the power of said executives by having the ability to terminate their access to the network.
Each Continuing Employee who participates in Seller’s 401(k) Plan as of the Closing Date shall become a participant in Purchaser’s 401(k) Plan as of the Closing Date.
Each Active Employee participating in Seller’s 401(k) Plan as of the Closing shall become a participant in Purchaser’s 401(k) Plan as of the Closing.
The Company shall take all necessary and appropriate actions to cause the Company 401(k) Plan to be frozen as to future contributions effective immediately prior to the Effective Time and Purchaser shall take all necessary and appropriate actions to allow the Continuing Employees to participate in Purchaser’s 401(k) Plan on the first day immediately following the Effective Time.
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