Plan to Control Sample Clauses

Plan to Control. The Plan is incorporated in this Agreement by this reference. Any question of interpretation or application of the Plan or this Agreement shall be resolved by the Compensation Committee and its determination shall be final and binding on the Corporation and Employee. In the event of any conflict between the provisions of the Plan and of this Agreement, the Plan shall control. Employee hereby acknowledges receipt of a copy of the Plan.
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Plan to Control. The Plan is annexed hereto and is incorporated into this Agreement by this reference. Any question of interpretation or application of the Plan or this Agreement shall be resolved by the Board, and its determination shall be final and binding on the Corporation and the Optionee. In the event of any conflict between the provisions of the Plan and of this Agreement, the Plan shall control.
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Plan to Control. The terms contained in the Plan are incorporated into and made a part of this Option Agreement and this Option Agreement shall be governed by and construed in accordance with the Plan. In the event of any actual or alleged conflict between the provisions of the Plan and the provisions of this Option Agreement, the provisions of the Plan shall be controlling and determinative.
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Plan to Control. 91 13.4 THE SALE OF LIFE INSURANCE CONTRACTS TO THIS PLAN: .....................................................92
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Plan to Control. In the event of any conflict between provisions of this Plan and the terms of any policy or contract, the provisions of this Plan will control. THE SALE OF LIFE INSURANCE CONTRACTS TO THIS PLAN: The following restrictions will apply to the sale, transfer, or exchange of an individual life insurance contract to this Plan from the Participant on whose life the contract is issued or from the Employer: The Plan must pay, transfer, or otherwise exchange no more than the lesser of: 156. the cash value of the contract; or 157. the value of the Participant's vested Account balance. The sale, transfer, or exchange must not involve any contract that is subject to a mortgage or similar lien that this Plan assumes. The sale, transfer, or exchange must not contravene any provision of this Plan and Trust or the statutory prohibited transaction rules. TOP-HEAVY PROVISIONS TOP-HEAVY DETERMINATION: If the Plan is or becomes top-heavy in any Plan Year, the provisions of this Article 14 will supersede any conflicting provisions in the Plan or the Adoption Agreement. This Plan is top-heavy if any of the following conditions exist: If the top-heavy ratio for this Plan exceeds 60 percent and this Plan is not part of any Required Aggregation Group or Permissive Aggregation Group of plans. If this Plan is a part of a Required Aggregation Group of plans but not part of a Permissive Aggregation Group and the top-heavy ratio for the group exceeds 60 percent. If this Plan is a part of a Required Aggregation Group and part of a Permissive Aggregation Group of plans and the top-heavy ratio for the Permissive Aggregation Group exceeds 60 percent. TOP-HEAVY RATIO: If the Employer maintains one or more defined contribution plans (including any simplified employee pension plan) and the Employer has not maintained any defined benefit plan that, during the five-year period ending on the Determination Date, has or has had accrued benefits, the top-heavy ratio for this Plan alone (or for the required or Permissive Aggregation Group, as appropriate) is a fraction, the numerator of which is the sum of the Account balances if all Key Employees as of the Determination Date (including any part of any Account balance distributed in the five-year period ending on the Determination Date), and the denominator of which is the sum of all Account balances (including any part of any Account balance distributed in the five-year period ending on the Determination Date), both computed in accordance with Code ...
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Plan to Control. Notwithstanding anything in this Agreement to the contrary, the Debtors are not, and shall not be deemed to be, releasing any rights any of them otherwise has under the Plan. In the event of any conflict or inconsistency between the terms of this Agreement and the terms of the Plan, the terms of the Plan shall control. [SIGNATURES APPEAR ON FOLLOWING PAGES.]
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Related to Plan to Control

  • Text to Control The headings of articles and sections are included solely for convenience of reference. If any conflict between any heading and the text of this Agreement exists, the text shall control.

  • Freedom to Contract The Executive represents that he is free to enter into this Agreement and carry out his obligations hereunder without any conflict with any prior agreements, and that he has not made and will not make any agreement in conflict with this Agreement.

  • RIGHT TO CONTINUED EMPLOYMENT Nothing in the Plan or this Agreement shall confer on you any right to continue in the employ of the Company or any subsidiary or affiliate of the Company or any specific position or level of employment with the Company or any subsidiary or affiliate of the Company or affect in any way the right of the Employer to terminate your employment without prior notice at any time for any reason or no reason.

  • Performance to Continue Each party shall continue to perform its obligations under this Agreement pending final resolution of any dispute arising out or relating to this Agreement; provided, however, that a party may suspend performance of its obligations during any period in which the other party fails or refuses to perform its obligations.

  • Failure to Contribute (a) If a Member does not contribute, within 10 Days of the date required, all or any portion of a Capital Contribution that Member is required to make as provided in this Agreement, the other Members may cause the Company to exercise, on notice to that Member (the "Non-Contributing Member"), one or more of the following remedies:

  • No Right to Continue Employment This Agreement shall not confer upon Holder any right with respect to continuance of employment with a Participating Company nor shall it interfere in any way with the right of a Participating Company to terminate the Holder’s employment at any time.

  • No Obligation to Continue Employment Neither the Company nor any Subsidiary is obligated by or as a result of the Plan or this Agreement to continue the Grantee in employment and neither the Plan nor this Agreement shall interfere in any way with the right of the Company or any Subsidiary to terminate the employment of the Grantee at any time.

  • No Right to Continued Employment Nothing in this Agreement shall be deemed to confer on the Employee any right to continue in the employ of the Company or any Subsidiary, or to interfere with or limit in any way the right of the Company or any Subsidiary to terminate such employment at any time.

  • COMPENSATION TO CONSULTANT The Consultant's compensation for the Consulting Services shall be as set forth in Exhibit B attached hereto and incorporated herein by this reference.

  • No Obligation to Continue Service This Agreement is not an agreement of consultancy. This Agreement does not guarantee that the Company or its affiliates will retain, or continue to retain, the Participant during the entire, or any portion of the, term of this Agreement, including but not limited to any period during which the Restricted Units are outstanding, nor does it modify in any respect the Company or its affiliate’s right to terminate or modify the Participant’s consultancy or compensation.

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