Severance Plan Participant definition

Severance Plan Participant means a former employee of an Employer who is entitled to remain an active participant in certain Company-sponsored plans and programs under a Severance Plan (and who is not paid a single lump sum payment in lieu thereof).
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Severance Plan Participant means a former employee of anEmployer who is entitled to remain an active participant in certain Company sponsored plans and programs under a Severance Plan.
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Examples of Severance Plan Participant in a sentence

  • Dow subsidizes the COBRA premiums for the first 12 months: surviving Dependent Children pay the premiums applicable to the Retiree (or 60 Point Retiree Medical Severance Plan Participant or LTD Participant).

  • The custody officer must also give the person various notices in writing for which the person must acknowledge receipt by signing the custody record.

  • The term "Severance Plan Participant" means an individual who is eligible to participate in The Mead Change in Control Severance Plan.

  • Definitions of Terms) before your Retirement; Are a Retiree (or 60 Point or 65 Point Retiree Medical Severance Plan Participant) who was part of a merger or acquisition, or other special business arrangement listed in Appendix D.

  • Effective April 26, 2000, a Severance Plan Participant shall be entitled to receive a Benefit in an amount equal to the difference, expressed as a life annuity, between (i) the benefit the Participant would have received under the ERP had the Participant continued to earn credit under the ERP for purposes of benefit accrual with respect to the Participant’s Severance Plan Earnings and (ii) the benefit which the Participant is entitled to receive under the ERP.

  • New Subsection 1.7 is added to read as follows: 1.7 Severance Plan Participant.

  • If you Retired after December 31, 1992 (or you are a 60 Point or 65 Point Retiree Medical Severance Plan Participant whose employment terminated after December 31, 1992), you will receive the maximum Company support only if you have Full Service.

  • In the event of a dispute between the Participant and the Company for benefits under this Severance Plan, Participant will provide notice of the dispute to the Board in writing with a written claim for benefits that the Participant believes to be due.

  • Accordingly, if Participant remains a Severance Plan Participant and experiences a Qualifying Termination with respect to which Participant becomes eligible for vesting or payment of all or a portion of this Award under the Severance Plan, then the provisions of the Severance Plan shall govern and control over any conflicting term or provision of this Declaration, subject to the release provisions and other terms and conditions of the Severance Plan.

  • Since Student was a student on regular diploma track, and needed to have a math class, District enrolled Student in a second period algebra 1 class as of the February 16, 2017 IEP meeting.

Related to Severance Plan Participant

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.

  • Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • Eligible employer means any municipality with a municipal

  • Severance Plan means any severance plan maintained by the Company that is applicable to the Participant.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount constituting all or part of compensation. This base salary cannot be reduced because of variations in the quality or quantity of work performed.

  • Administrative employee means an employee who normally supervises persons engaged in office administration, construction, security or maintenance work who are represented by another trade union. This definition includes employees who share a community of interest with “supervisors”.

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.

  • Covered Employment means employment in a covered position.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Active Employment means you must be actively at work for the Sponsor:

  • Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Key Executive means an employee of a Textron Company who has been and continues to be designated as a Key Executive under the Plan by Textron’s Chief Executive Officer and Chief Human Resources Officer.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.