Visqueen Savings Plan definition

Visqueen Savings Plan means the Savings Plan for the Employees of Ethyl Visqueen. ARTICLE II Employee Benefit Plans Qualified Under Code Section 401(a)
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Examples of Visqueen Savings Plan in a sentence

  • The Ethyl Savings Plan, Ethyl and the Ethyl Affiliates shall assume, and be solely responsible for, all liabilities and obligations of the Visqueen Savings Plan, Tredegar and the Tredegar Subsidiaries with respect to such employees’ participation in the Visqueen Savings Plan.

  • Such employees’ accounts in the Visqueen Savings Plan shall be adjusted for investment gains and/or losses (both realized and unrealized) through the valuation date immediately preceding the day of actual transfer.

  • The transfer of assets and liabilities from the Visqueen Savings Plan to the Ethyl Savings Plan shall be made as soon as practicable following a valuation date coinciding with or after the Distribution Date; provided, however, that no such transfer shall take place before the expiration of the thirty-day period immediately following the date of filing of the required Forms 531C with the Internal Revenue Service.

  • Tredegar shall cause the trustee of the Visqueen Savings Plan to transfer, and Ethyl shall cause the trustee of the Ethyl Savings Plan to accept, the Visqueen Savings Plan account balances (whether or not vested) of any individual who is in the employ of Ethyl or an Ethyl Affiliate on the Distribution Date.

  • The amount to be transferred in accordance with the Section 2.05 shall be delivered to the Ethyl Savings Plan trustee in the same form as such employees’ accounts are invested under the Visqueen Savings Plan.

  • Ethyl and Tredegar agree to provide the other such information as may be reasonably requested and necessary in order to effectively administer and maintain the Ethyl Savings Plan and the Visqueen Savings Plan.

  • The Visqueen Savings Plan, Tredegar and the Tredegar Subsidiaries shall retain, and be solely responsible for, all liabilities and obligations with respect to Visqueen Savings Plan participants whose accounts are not transferred to the Ethyl Savings Plan.

Related to Visqueen Savings Plan

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

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • 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.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • 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.

  • 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.

  • Distribution Plan means the plan hereafter approved by the MDL Court for the distribution of the Settlement Amount (net of any attorneys’ fees or costs that are awarded by the MDL Court) to Stanford Investors who have had their Claims allowed by the Receiver.

  • Basin plan means the same as “water quality control plan” as defined in Division 7 (commencing with Section 13000) of the Water Code. Basin Plans are adopted by each Regional Water Board, approved by the State Water Board and the Office of Administrative Law, and identify surface water and groundwater bodies within each Region’s boundaries and establish, for each, its respective beneficial uses and water quality objectives. Copies are available from the Regional Water Boards, electronically at each Regional Water Boards website, or at the State Water Board’s Plans and Policies web page (http://www.waterboards.ca.gov/plans_policies/).

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Energy Savings means an amount of saved energy determined by measuring and/or estimating consumption before and after implementation of an energy efficiency improvement measure, whilst ensuring normalisation for external conditions that affect energy consumption;

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • 401(k) Plan has the meaning set forth in Section 6.10.

  • Automatic Investment Plan/Dividend Reinvestment Plan means a program in which regular purchases or sales are made automatically in or from investment accounts in accordance with a predetermined schedule and allocation, including dividend reinvestment plans.

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

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

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Dividend Reinvestment Plan means a regular dividend reinvestment or other plan of the Corporation made available by the Corporation to holders of its securities where such plan permits the holder to direct that some or all of: