SRA Plan definition

SRA Plan shall have the meaning set forth in Section 5.9(a).

Examples of SRA Plan in a sentence

  • As long as such changes are applicable to all other FP participants in the SRA Plan and do not reduce their accrued and vested benefits, such changes shall not be subject to arbitration or bargaining.

  • No such SRA Plan is, or is expected to be, in “at-risk” status (within the meaning of Sections 303(i)(4)(A) of ERISA and 430(i)(4)(A) of the Code).

  • Eligible employees will be credited with “pay credits” as a percentage of their “eligible compensation,” as defined by the SRA Plan.

  • Accrued benefits shall vest upon either (i) an employee reaching age 65 while employed by FP, or (ii) an employee completing three (3) years of “vesting service,” as defined by the SRA Plan.

  • During the term of this Agreement and after its expiration, FP has the right to amend, suspend or terminate the SRA Plan, or merge the SRA Plan into other retirement plans, consistent with the terms of the Plan and applicable law.

  • Except as does not constitute a SRA Material Adverse Effect, each SRA Plan that is subject to the minimum funding standards of the Code or ERISA satisfies such standards, and no waiver of such funding has been sought or obtained.

  • During the term of this Agreement and after its expiration, Slate has the right to amend, suspend or terminate the SRA Plan, or merge the SRA Plan into other retirement plans, consistent with the terms of the Plan and applicable law.

  • In addition to the compensation-based credits in paragraph 2 above, Slate participants with an account balance will also earn interest credits each year, as defined and determined under the SRA Plan.

  • Accrued benefits shall vest upon either (i) an employee reaching age 65 while employed by ▇▇▇▇▇, or (ii) an employee completing three (3) years of “vesting service,” as defined by the SRA Plan.

  • In addition to the compensation-based credits in paragraph 2 above, FP participants with an account balance will also earn interest credits each year, as defined and determined under the SRA Plan.

Related to SRA Plan

  • 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.

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Transition Plan means a transition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination of this Agreement and how the transition of the clients to new service providers will be effected in a timely manner; and

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • RBC plan means a comprehensive financial plan containing the elements specified in K.S.A. 40-2c06, and amendments thereto. If the commissioner rejects the RBC plan, and it is revised by the insurer, with or without the commissioner's recommendation, the plan shall be called the "revised RBC plan."