Savings Plus Plan definition
Examples of Savings Plus Plan in a sentence
Retirement Savings Plus Plan, as amended (the "Savings Plan"), and/or the AGL Resources Inc.
Vesting will apply to any accrued benefits under Times Mirror's pension plan(s) and your company matching account under the Times Mirror Savings Plus Plan.
The portion of the Company's matching contribution which is based on the preceding year's contribution percentage shall be contributed to the Executive Savings Plus Plan on behalf of the Executive immediately upon the Executive's Termination of Employment and any additional contribution required shall be paid as soon as the amount is determined.
Any award under this Agreement will not be considered to be salary or other compensation for the purpose of computing benefits to which TRM may be entitled under any plan or arrangement for the benefit of employees of EIX or any of its affiliates if such plan or arrangement is a plan qualified under Section 401(a) of the Code and is a trust exempt from Federal income tax under Section 501(a) of the Code, including but not limited to the SCE Retirement Plan and the SCE Stock Savings Plus Plan.
The gains being deferred, as described in the preceding sentence, shall be deferred into the Company's Non- Qualified Profit Sharing and Savings Plus Plan, or a successor plan, (the "Deferral Plan") to the extent the Deferral Plan accepts such deferrals.
The gains being deferred, as described in the preceding sentence, shall be deferred into the Company's Non-Qualified Profit Sharing and Savings Plus Plan, or a successor plan, (the "Deferral Plan") to the extent the Deferral Plan accepts such deferrals.
Notwithstanding anything to the contrary above, Beve▇▇▇ ▇▇▇ Capstone shall remain solely liable and responsible for and shall pay to the respective NBHI plan or trust the matching and other employer contributions due for all Retained Employees under the Beve▇▇▇ ▇▇▇erprises 401(k) Savings Plus Plan and the Beve▇▇▇ ▇▇▇erprises 1988 Employee Stock Purchase Plan.
You will accrue benefits as described under the retirement plans, and you may continue to participate in the Savings Plus Plan at your selected savings rate (subject to any election you wish to make) as a result of the amounts paid to you prior to and during your Leave of Absence, subject to plan maximums and provisions.
The Company shall provide a cash lump sum payment to the Executive equal to the amount, if any, of the Company's matching contributions forfeited from the Executive's account in the Company's Retirement Savings Plus Plan and the Company's Nonqualified Savings Plan due to his Qualifying Termination.
After the Effective Date, you will not accrue any further benefits under the Times Mirror Pension Plan and the Supplemental Executive Retirement Plan, nor will there be any further deferrals under the Savings Plus Plan.