UpstreamCo Nonqualified Plans definition

UpstreamCo Nonqualified Plans means the plans established by the UpstreamCo Group pursuant to Section 6.01(a) that correspond to the Parent Divided Nonqualified Plans.

Examples of UpstreamCo Nonqualified Plans in a sentence

  • Effective as of the Operational Separation Date, UpstreamCo shall establish the UpstreamCo Nonqualified Plans.

  • Each of the UpstreamCo Nonqualified Plans shall initially have substantially the same terms as those of the corresponding Parent Divided Nonqualified Plan as in effect immediately prior to the Operational Separation Date.

Related to UpstreamCo Nonqualified Plans

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Qualified Plans has the meaning set forth in Section 5.20.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • 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.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

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

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

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

  • Company Stock Option Plans has the meaning ascribed to it in Section 2.6(c).

  • Multiple employer welfare arrangement means a “multiple employer welfare arrangement” within the meaning of Section 3(40) of ERISA.

  • Qualified Plan means a Pension Plan that is intended to be tax-qualified under Section 401(a) of the IRC.

  • Company Plans has the meaning set forth in Section 3.13(a).

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

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Medical benefit plan means a plan established and maintained by a carrier, a voluntary employees' beneficiary association described in section 501(c)(9) of the internal revenue code of 1986, 26 USC 501, or by 1 or more public employers, that provides for the payment of medical benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits, for public employees or elected public officials. Medical benefit plan does not include benefits provided to individuals retired from a public employer or a public employer's contributions to a fund used for the sole purpose of funding health care benefits that are available to a public employee or an elected public official only upon retirement or separation from service.

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Deferred Plan means a trust governed by a registered retirement savings plan, registered retirement income fund, registered education savings plan or tax-free savings account.

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Deferred Compensation means the Compensation elected by the Participant to be deferred pursuant to the Plan.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Cafeteria plan means a written plan under which all participants are employees, and the participants may choose among two or more benefits consisting of cash and qualified benefits.

  • 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.

  • Grandfathered health plan means a group health plan or an

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).