S&P Plan definition
Examples of S&P Plan in a sentence
All payments due from SP with respect to any SP Employment Agreement, SP Plan or SP Employee Benefit Program have been made or have been properly accrued as Liabilities of SP in accordance with the terms of such SP Employment Agreement, SP Plan, SP Employee Benefit Program and applicable law.
All individuals participating in (or eligible to participate in) any SP Plan have been properly classified as employees of SP.
Anything herein which might be construed to the contrary notwithstanding it is understood that termination of this Agreement shall not have the effect of automatically terminating the SUB Plan, the SP Plan, or the WSP.
This Agreement covering the Supplemental Unemployment Benefit Plan, the Separation Payment Plan, and the Worker Severance Plan, hereinafter referred to as the SUB Plan, the SP Plan, and the WSP respectively, is entered into this 1st day of July, 2005.
Notwithstanding any other provisions of this Agreement, the SUB Plan, the SP Plan, and the WSP, the Company, with the consent of the Union, may during the term of this Agreement, make revisions in such Plans not inconsistent with the purposes, structure and basic provisions thereof which shall be necessary to obtain or maintain the rulings referred to in Section 4 of this Agreement or in Article 9 of the SUB Plan.
However, the Company may reduce its subsequent contributions to the SUB Plan by the amount of any Separation Payments made under this SP Plan.
The amendments to the SUB Plan, the SP Plan, and the WSP provided for in this Agreement and incorporated in the attached Exhibits I, II, and III shall not be effective prior to receipt by the Company of rulings satisfactory to the Company.
Jo Linn Health New Image Air Wayn▇▇▇▇▇▇▇ Goshen EXHIBIT D ASSETS EXCLUDED 190120 Prepaid Expenses 190250 Deferred SP Plan Orig.
Provisions for payment of benefits and separation payments under the SUB Plan, the SP Plan, and the WSP shall be made on the basis of the respective Plans as set out in the attached Exhibits effective from July 1, 2005, July 1, 2006, and July 1, 2007, in anticipation of the receipt of favourable government rulings as provided under Section 4 of this Agreement.