VAPP definition

VAPP is defined as a software bundle consisting of the Software and any third party technology that may be appropriate or necessary for use with the Software, as determined by SAS. Such third party technology is provided for use with the Software under the terms of the applicable third party license agreement specified in the Software Documentation and not under the terms of this Agreement.
VAPP means the Variable Annuity Pension Plan established effective July 1, 2020, which shall be known as the UFCW International Union-Industry Variable Annuity Pension Plan and shall be operated as a multiemployer plan within the meaning of Section 3(37) of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended and a defined benefit plan within the meaning of Section 3(35) of ERISA that is a separate plan from (and not a part of) the National Fund. Kroger and S&S shall be contributing and participating employers to the VAPP. Nothing in the VAPP shall preclude the acceptance of other contributing employers to participate in the VAPP, provided that such employers agree to be bound by the terms and conditions of participation in the VAPP that are established by the Board of Trustees of the VAPP. The following employers automatically shall be eligible to participate in the VAPP on behalf of their employees on such terms and conditions as may be established by the Board of Trustees of the VAPP if such employer contributes to the National Fund immediately prior to its commencement of contributions to the VAPP and it agrees to pay or settle its withdrawal liability in accordance with such terms and conditions as may be agreed upon between such employer and the National Fund: the Local Unions in their capacity as employers; any fund office of a health and welfare fund covering employees of Kroger or S&S; and ▇▇▇▇▇▇, in its capacity as a third party service provider to Kroger (but only with respect to those employees who are providing services to Kroger).

Examples of VAPP in a sentence

  • Beginning July 1, 2020, retirement benefits for Meat and Seafood employees covered by this CBA will be provided through the UFCW International Union - Industry Variable Annuity Pension Plan (“VAPP”) and Kroger shall be obligated to make contributions to the VAPP in accordance with the terms and conditions of the Pension MOU.

  • In order to ensure that all bargaining unit employees entitled to participate in the VAPP are appropriately reflected in the records of the VAPP, Kroger further agrees to the examination of its payroll records by the Board of Trustees of the VAPP or its designee.

  • Meat and Seafood employees in the bargaining unit covered by this CBA shall participate in the VAPP in accordance with the terms of the Pension MOU and subject to the eligibility, vesting and other requirements and in accordance with the plan of benefits of the VAPP.

  • Kroger agrees to be bound by the Agreement and Declaration of Trust of the VAPP and to provide to the Board of Trustees of the VAPP or its designee all information with respect to Meat, Seafood, Deli/Bakery and Starbucks bargaining unit employees that is needed in connection with the administration of the VAPP, including but not limited to all hours or months worked, paid, or for which employees are entitled to payment.

  • The VAPP shall include, to the extent appropriate to the nature of the VAPP, all benefit options currently provided under the National Fund, including but not limited to the right to receive disability, deferred vested benefits and surviving spouse benefits; provided, however, that notwithstanding the foregoing, the VAPP shall not offer a Social Security Level Income Option.

  • Except as provided in this subsection, the rules for eligibility, participation and vesting as described in the National Fund Plan Documents shall be used to determine the eligibility, participation and vesting rules of the VAPP.

  • All reciprocity rules and agreements in place with the National Fund as of June 30, 2020 shall be deemed adopted by the VAPP Board of Trustees and shall apply on and after July 1, 2020 for purposes of determining eligibility to participate and vesting credit in the VAPP.

  • Employer contributions shall be required to be made to the VAPP without regard to the requirement under Section 5.2 of the MOU that an Employee attain age 21 to participate in the VAPP.

  • Beginning July 1, 2020 retirement benefits for Meat, Seafood, Deli/Bakery and Starbucks employees covered by this CBA will be provided through the UFCW International Union - Industry Variable Annuity Pension Plan (“VAPP”) and Kroger shall be obligated to make contributions to the VAPP in accordance with the terms and conditions of the Pension MOU.

  • Any increase to the PBGC premiums after May 1, 2020 that are imposed on the VAPP due to newly enacted legislation will be added to the Administrative Expense Charge.

Related to VAPP

  • CSAM or "Credit Suisse" (or any combination thereof).

  • Opium poppy means the plant of the species Papaver somniferum L., except the seeds thereof.

  • Graham + Sibbald /"we"/"us"/"our" means Graham + Sibbald LLP, a limited liability partnership incorporated in Scotland (Registered Number SO307130) and having its registered office address at Seabraes House, 18 Greenmarket, Dundee, DD1 4QB.

  • Sternlight means a white light placed as nearly as practicable at the stern showing an unbroken light over an arc of the horizon of 135 degrees and so fixed as to show the light 67.5 degrees from right aft on each side of the vessel.

  • SAMR means the State Administration for Market Regulation of the PRC or, with respect to the issuance of any business license or filing or registration to be effected by or with the State Administration for Market Regulation, any Governmental Authority which is similarly competent to issue such business license or accept such filing or registration under the Laws of the PRC.