Siemens Savings Plan definition

Siemens Savings Plan means the Siemens Savings Plan as sponsored by the Siemens Corporation as of the Closing Date.
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Examples of Siemens Savings Plan in a sentence

  • Notwithstanding any of the provisions of this Appendix to the contrary, effective April 1, 2002, the only distribution option or options that shall be available to a Member covered by this Appendix, as well as to his or her spouse or beneficiary, shall be the option or options available under the applicable provisions of Article XI of the Siemens Savings Plan, including with respect to amounts that have been transferred to the Siemens Savings Plan.

  • The purpose of the Siemens Savings Plan is to encourage and assist eligible employees to save part of their income on a regular basis through payroll deductions and salary reduction, supplemented by contributions by the participating employers.

  • Such automatic contributions to the Siemens Savings Plan shall be subject to the other provisions of the Plan that are applicable to Tax-Deferred Contributions.

  • If the employee is eligible to participate in the Siemens Savings Plan immediately prior to his or her “Disability,” that eligibility will continue as long as the employee remains employed by a participating employer and the employee’s contributions will be made through payroll deduction from benefits paid under this Plan.

  • Bargaining unit employees will participate in the Siemens Savings Plan for Union Employees pursuant to the terms of that Plan, which is incorporated by reference into this Agreement.

  • A hard copy of the Siemens Savings Plan for Union Employees has been provided to the Union.

  • Such automatic contributions to the Siemens Savings Plan For Union Employees shall be subject to the other provisions of the Plan that are applicable to Tax-Deferred Contributions.

  • The hours and services they donate must relate to their professional expertise in order to value their time as a professional service.

  • Notwithstanding any of the provisions of this Appendix to the contrary, effective April 1, 2002, the only distribution option or options that shall be available to a Member covered by this Appendix, as well as to his or her spouse or beneficiary, shall be the options or options available under the applicable provisions of Article XI of the Siemens Savings Plan, including with respect to amounts that have been transferred to the Siemens Savings Plan.

  • The purpose of the Siemens Savings Plan for Union Employees is to encourage and assist eligible employees to save part of their income on a regular basis through payroll deductions and salary reduction, supplemented by contributions by the participating employers.

Related to Siemens Savings Plan

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Health benefits plan means a benefits plan which pays or

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • 401(k) Plan has the meaning set forth in Section 6.10.

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Compensation Plans shall have the meaning set forth in Section 3.8(b).

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Managing Member for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Distribution Plan means the plan hereafter approved by the MDL Court for the distribution of the Settlement Amount (net of any attorneys’ fees or costs that are awarded by the MDL Court) to Stanford Investors who have had their Claims allowed by the Receiver.

  • Incentive Compensation Plans means annual incentive compensation plans and long-term incentive compensation plans of the Company, which long-term incentive compensation plans may include plans offering stock options, restricted stock and other long-term incentive compensation.