UDS Plan definition

UDS Plan means any UDS Benefit Plan other than a Multiemployer Plan.
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Examples of UDS Plan in a sentence

  • The remaining VEC UDS Plan shall continue to be sponsored, maintained, and administered by VEC, and the spun-off GP UDS Plan shall be sponsored, maintained, and administered by GP.

  • All VEC Employees who are participating in the VEC UDS Plan shall continue to participate in such plan, in accordance with its terms as amended from time to time.

  • No UDS Plan is intended to meet the requirements of Code Section 501(c)(9).

  • Effective as of July 1, 2006, the Ultramar Diamond Shamrock Corporation Nonqualified 401(k) Plan (the “VEC UDS Plan”), which is maintained as a frozen nonqualified deferred compensation plan covering certain former employees of Ultramar Diamond Shamrock Corporation, shall be effectively split into two plans, the VEC UDS Plan and the ▇▇▇▇▇▇ ▇▇, LLC Frozen Nonqualified 401(k) Plan for Former Employees of Ultramar Diamond Shamrock Corporation (the “GP UDS Plan”).

  • Except as specifically provided in the fore- going documents delivered or made available to Valero, there are no amendments to any UDS Plan that have been adopted or approved nor has UDS or any of its Subsidiaries undertaken to make any such amendments or to adopt or approve any new UDS Plan.

  • Effective as of July 1, 2006, all Eligible GP Employees who are participants in the VEC UDS Plan shall automatically become participants in the GP UDS Plan and shall cease their eligibility for and participation in the VEC UDS Plan in accordance with its terms as amended from time to time.

  • Except as specifically provided in the foregoing documents delivered or made available to Valero, there are no amendments to any UDS Plan that have been adopted or approved nor has UDS or any of its Subsidiaries undertaken to make any such amendments or to adopt or approve any new UDS Plan.

  • All Eligible GP Employees who are participants in the VEC UDS Plan shall automatically become participants in the GP UDS Plan effective as of July 1, 2006 or the Cut-Over Date, as applicable, and they shall, effective as of such date, cease their eligibility for and participation in the VEC UDS Plan in accordance with its terms as amended from time to time.