Waiver of Contributions Sample Clauses

Waiver of Contributions. Employee contributions to this Plan shall be waived with respect to disabled employees during the time such an employee is in receipt of disability benefit payments from this Plan.
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Waiver of Contributions. Team member contributions to this plan shall be waived with respect to disabled team members during the time such a team member is in receipt of disability benefit payments from this plan.
Waiver of Contributions. In the event of the employee's death, the medical, prescription drug, vision and dental coverages shall continue for the employee's eligible dependents without any further contributions until the eligible dependents are covered by another group medical plan, but in no event beyond 12 months after the date of the employee's death.
Waiver of Contributions. 4.1 If Executive (while an Employee of the Company) becomes totally disabled after age 55 but before age 65 and, therefore, ceases to be an Employee of the Company, then Executive will be deemed to have Retired at such time and the payment of his Retirement Benefit shall commence in accordance with Section 2.1 above based upon Executive's age at such time; provided, however, that notwithstanding anything to the contrary contained herein, if Executive (while an Employee of the Company) shall not then have attained 55 years of age when he becomes totally disabled, then Executive will be deemed to be an Employee of the Company for purposes of this Agreement (and the attached Split Dollar Agreement) only until Executive attains age 55, at which time Executive (if then living) will be deemed to have Retired. If (as described above) the totally disabled Executive is deemed to have Retired at age 55, then in such circumstances, the Executive's Base Salary for the Plan Year within which such Retirement is deemed to have occurred shall be deemed to be the Executive's Base Salary for the Plan Year within which the Executive's total disability occurred. For purposes of this Agreement, "
Waiver of Contributions. Seller hereby waives (and shall procure the waiver by each other member of the Retained Group of) any rights and remedies which it has or may have against any of the Acquired Companies for contributions or with respect to claims arising out of any information, opinion or advice supplied or given in connection with this Agreement, other than in the case of substantiated fraud, and further agrees to hold Buyer and Buyer’s Affiliates (including the Acquired Companies after the Closing Date) harmless from any claims by any of their respective present or former directors, officers, employees, representatives or advisors to the extent that any such claim arises as a result of a claim by Seller or any other member of the Retained Group against any such Person.

Related to Waiver of Contributions

  • Other Contributions ST1.1 In this Agreement, Other Contributions means the financial or in-kind contributions other than the Grant set out in the following table: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>

  • ALLOCATION OF CONTRIBUTIONS You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Other Contribution Provisions In the event that any Partner is admitted to the Partnership and is given a Capital Account in exchange for services rendered to the Partnership, unless otherwise determined by the General Partner in its sole and absolute discretion, such transaction shall be treated by the Partnership and the affected Partner as if the Partnership had compensated such partner in cash and such Partner had contributed the cash to the capital of the Partnership. In addition, with the consent of the General Partner, one or more Limited Partners may enter into contribution agreements with the Partnership which have the effect of providing a guarantee of certain obligations of the Partnership.

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Rights of Contribution The Guarantors agree among themselves that, in connection with payments made hereunder, each Guarantor shall have contribution rights against the other Guarantors as permitted under applicable law. Such contribution rights shall be subordinate and subject in right of payment to the obligations of such Guarantors under the Loan Documents and no Guarantor shall exercise such rights of contribution until all Obligations have been paid in full and the Commitments have terminated.

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

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