Plan Members Sample Clauses

Plan Members. Termination Plan members who terminate membership in the Plan shall have vesting rights and shall be entitled to withdraw their employee contribution balances (required and voluntary) including interest plus the vested portion of their employer contribution balance in accordance with the vesting requirements under the British Columbia Pension Benefits Standards Act as set out under Article 32.10.
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Plan Members. This Letter of Agreement applies to the following FSAs in the Defined Benefit Pension Plan who are entitled to benefits as a result of the June 2018 arbitration award: Xxxxxxx Xxxxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxxxx Xxxxxx Xxxxxxx Xxxxxx Xxxxx Xxxxx Xxxxxx Xxxxxx Xxxx Xxxx Xxxxx Xxxx Xxxxxxxx Xxxx Xxxxxxx Xxxxxxx Xxxx Xxxxxx Xxxxxxx Shalaume Xxxxxx Xxxxx XxXxxxx Xxxxxxxx Xxxxxx Xxxx Xxxxxxxx Xxxxx X. Xxxxxx For FSAs who work more than five years from January 1 2018 (the date upon which pension contributions were adjusted and remitted based on the higher rate of pay), there would be no negative impact to pension income because pension income is based on the best five of 10 years’ income. As a result, FSAs will not be required to pay increased pension contributions for the retroactive period, nor will the Employer contributions be retroactively adjusted. For FSAs (age 55 and up) in the DB plan who have retired or who choose to retire between January 1 2018 and December 31 2022, the Employer will work with Morneau Shepell to determine the impact to that individual’s pension income, and the Employer will provide the equivalent amount in an RRSP. This amount will be actuarially calculated to ensure accuracy and to keep those employees whole. Employees who are now retired under the DB Plan are; Xxxxxx Xxxxx Xxxxxxx Xxxxxxxxx Xxxxxx Xxxxxxxx Treatment of Pension for Employees in Money Purchase (MP) Plan This Letter of Agreement applies to the following FSAs in the Money Purchase Pension Plan who are entitled to benefits as a result of the June 2018 arbitration award: Xxxxxx Xxxxxxxx Xxxxxx Xxxxxxxxxx Great West Life will calculate the amount of additional contributions/premiums that the Employer will need to make to compensate for market gains that these employees’ MP plans would have made from October 20 2014 to December 31 2017. The Employer will provide this amount in an RRSP upon retirement. This amount will be actuarially calculated to ensure accuracy and to keep those employees whole. SIGNED THIS DAY OF 2020 ON BEHALF OF KOOTENAY SAVINGS CREDIT UNION SIGNED THIS DAY OF 2020 ON BEHALF OF UNITED STEELWORKERS, LOCALS 9705 & 1 – 405 Xxxxxx Xxxxxx Xxxx Xxxx Xxxxx Xxxxxxx Xxx XxXxxxxx Xxxxx X. Xxxxxx Xxxxx Xxxxxxxx Xxxxxx Xxxxxxxxxx Xxxx Xxxxxxxx Xxxxx Xxxxxx Xxxxxx Xxxx LETTER OF UNDERSTANDING #15 Between KOOTENAY SAVINGS CREDIT UNION And UNITED STEELWORKERS Locals 9705 & 1-405 MEMBER SERVICE CENTRE REMOTE AGENTS This Letter of Understanding replaces the agreemen...
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Plan Members. Payer represents to Synetic that, as of November 30, 1998, Payer provides medical health insurance benefits to at least 1,640,000 plan members.
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Plan Members. The individuals covered by the terms of an OPEB plan. The plan membership generally includes employees in active service, terminated employees who have accumulated benefits but are not yet receiving them, and retired employees and beneficiaries currently receiving benefits. Post-employment: The period between termination of employment and retirement as well as the period after retirement. Post-employment Healthcare Benefits: Medical, dental, vision, and other health-related benefits provided to terminated or retired employees and their dependents and beneficiaries. Select and Ultimate Rates: Actuarial assumptions that contemplate different rates for successive years. Instead of a single assumed rate with respect to, for example, the investment return assumption, the actuary may apply different rates for the early years of a projection and a single rate for all subsequent years. For example, if an actuary applies an assumed investment return of 8 percent for year 2000, 7.5 percent for 2001, and 7 percent for 2002 and thereafter, then 8 percent and 7.5 percent are select rates, and 7 percent is the ultimate rate. Appendix 1 The Actuarial Valuation Process
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Plan Members. Payer represents to Synetic that, as of the Effective Date, Payer provides health insurance benefits or administrative services to at least ______ plan members (including duplicative member coverage).
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Related to Plan Members

  • Committee Members See Section 3.5(a). -----------------

  • New Members No person may be admitted as a member of the Company without the approval of the Member.

  • Other Members The Holding Company may offer the Offer Shares, if any, remaining after the Subscription Offering, in the Community Offering on a priority basis to natural persons residing in the New Jersey counties of Cumberland and Gloucester; to the Minority Stockholders as of the Voting Record Date, and then to the general public. In the event a Community Offering is held, it may be held at any time during or immediately after the Subscription Offering. Depending on market conditions, Offer Shares available for sale but not subscribed for in the Subscription Offering or purchased in the Community Offering may be offered in the Syndicated Community Offering to members of the general public through a syndicate of registered broker-dealers under the terms set forth on Exhibit A (“Assisting Brokers”) that are members of the Financial Industry Regulatory Authority (“FINRA”) managed by Stifel as the sole book running manager. It is acknowledged that the number of Offer Shares to be sold in the Offering may be increased or decreased as described in the Prospectus (as hereinafter defined); that the purchase of the Offer Shares in the Offering is subject to maximum and minimum purchase limitations as described in the Plan and the Prospectus; and that the Holding Company may reject, in whole or in part, any subscription received in the Community Offering and Syndicated Community Offering. The Holding Company has filed with the U.S. Securities and Exchange Commission (the “Commission”) a Registration Statement on Form S-1 (File No. [__________]) in order to register the Shares under the Securities Act of 1933, as amended (the “1933 Act”), and the regulations promulgated thereunder (the “1933 Act Regulations”), and has filed such amendments thereto as have been required to the date hereof (the “Registration Statement”). The prospectus, as amended, included in the Registration Statement at the time it initially became effective is hereinafter called the “Prospectus,” except that if any prospectus is filed by the Holding Company pursuant to Rule 424(b) or (c) of the 1933 Act Regulations differing from the prospectus included in the Registration Statement at the time it initially becomes effective, the term “Prospectus” shall refer to the prospectus filed pursuant to Rule 424(b) or (c) from and after the time said prospectus is filed with the Commission and shall include any supplements and amendments thereto from and after their dates of effectiveness or use, respectively. In connection with the Conversion, the MHC filed with the OTS an application for conversion to a stock company (together with any other required ancillary applications and/or notices, the “Conversion Application”) and amendments thereto as required by the OTS in accordance with the Home Owners’ Loan Act, as amended (the “HOLA”), and 12 C.F.R. Parts 575 and 563b (collectively with the HOLA, the “Conversion Regulations”). The Holding Company has also filed with the OTS its application on Form H-(e)1-S (together with any interim merger applications and any other required ancillary applications and/or notices, the “Holding Company Application”) to become a unitary savings and loan holding company under the HOLA and the regulations promulgated thereunder. Collectively, the Conversion Application and the Holding Company Application may also be termed the “Applications.” Concurrently with the execution of this Agreement, the Holding Company is delivering to the Agent copies of the Prospectus dated [______________], 2010 to be used in the Subscription Offering and Community Offering (if any), and, if necessary, will deliver copies of the Prospectus and any prospectus supplement for use in a Syndicated Community Offering.

  • Non-Member Attendance Each Party may from time to time invite a reasonable number of participants relevant to items on the issued agenda, in addition to its representatives, to attend the JSC meetings in a non-voting capacity; provided that if either Party intends to have any Third Party (including any consultant) attend such a meeting, such Party shall provide prior written notice to the other Party. Such Party shall also ensure that such Third Party is bound by confidentiality and non-use obligations consistent with the terms of this Agreement.

  • Members (a) A Person shall be admitted as a Member and shall become bound by, and shall be deemed to have agreed to be bound by, the terms of this Agreement if such Person purchases or otherwise lawfully acquires any Share, and such Person shall become the Record Holder of such Share, in accordance with the provisions of this Agreement. A Member may be a Class A Member, a Class B Member and or Class C Member, and, in such case, shall have the rights and obligation accorded to the Class A Ordinary Shares with respect to such Class A Ordinary Shares or the rights and obligation accorded to the Class A Preferred Shares with respect to such Class A Preferred Shares, as applicable, the rights and obligations accorded to the Class B Ordinary Shares with respect to such Class B Ordinary Shares and the rights and obligations accorded to the Class C Ordinary Share with respect to such Class C Ordinary Share. A Person may become a Record Holder without the consent or approval of any of the Members and without physical execution of this Agreement. A Person may not become a Member without acquiring a Share.

  • Committee Membership 1. Local representatives on committees specifically established by this Collective Agreement shall be appointed by the local.

  • Initial Members The initial Members of the LLC, their initial capital contributions, and their percentage interest in the LLC are as follows: Members Percentage Interest in LLC Capital Contribution (If any)

  • VOTES OF MEMBERS 36. On the show of hands every Member present in person shall have one vote. On a poll every Member present in person or by proxy shall have one vote.

  • Interest Holders The Administrative Agent may treat each Lender, or the Person designated in the last notice filed with the Administrative Agent, as the holder of all of the interests of such Lender in its portion of the Loans and in its Note until written notice of transfer, signed by such Lender (or the Person designated in the last notice filed with the Administrative Agent) and by the Person designated in such written notice of transfer, in form and substance satisfactory to the Administrative Agent, shall have been filed with the Administrative Agent.

  • Limited Partners The Limited Partners shall not participate in the general conduct or control of the Partnership’s affairs and shall have no right or authority to act for or to bind the Partnership. The Limited Partners shall not be required to assume, endorse or guarantee any liabilities of the Partnership.

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