Covered Plans definition

Covered Plans means the plans and agreements listed on Exhibit A hereto.
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Covered Plans is defined in the definition of “EBITDAP”.
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Covered Plans means all incentive, bonus, deferred compensation and similar type arrangements currently or subsequently approved by the Committee or pursuant to authority delegated by the Committee.
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Examples of Covered Plans in a sentence

  • With respect to any benefits provided to Employee hereunder which may be subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (the "Covered Plans"), and notwithstanding Section 6.07(b) above, the adjudication of any claims under the Covered Plans shall be administered in accordance with the terms and conditions of such Covered Plan.

  • Except as provided in Article 3 or in Article 6, Nordson shall not have any right or power to direct the Trustee to return to Nordson or to divert to others any of the Trust assets before all payments that may become payable to any and all Participants under the Covered Plans (as defined in Section 15.4) have been made to Participants.

  • The Trustee shall not be liable to any Participant for any insufficiency of the Trust property to discharge all benefits due the same under the Covered Plans; rather, the liability for all such benefits shall be and remain the primary and ultimate responsibility of Nordson.

  • Except as provided in Article 3 or in Article 6, Key shall not have any right or power to direct the Trustee to return to Key or to divert to others any of the Trust assets before all payments that may become payable to any and all Participants under the Covered Plans have been made to Participants.

  • With respect to any benefits ---------------------------- provided to Employee hereunder which may be subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (the "Covered Plans"), and notwithstanding Section 6.07(b) above, the adjudication of any claims under the Covered Plans shall be administered in accordance with the terms and conditions of such Covered Plan.

  • The awards, benefits and payments contemplated under the Covered Plans shall be funded only in accordance with the provisions of the applicable Covered Plan until a Change of Control.

  • U.S. - ERISA Covered Plans: US$250 Annual Limit In accordance with guidance from the U.S. Department of Labor, the annual limit on gifts and business entertainment provided to an ERISA plan fiduciary representative (including plan advisers serving in a fiduciary capacity) is US$250.

  • The Trustee shall not be liable to any Participant for any insufficiency of the Trust property to discharge all benefits due the same under the Covered Plans; rather, the liability for all such benefits shall be and remain the primary and ultimate responsibility of Oglebay.

  • Except as provided in Article 3 or Article 6, Oglebay shall not have any right or power to direct the Trustee to return to Oglebay or to divert to others any of the Trust assets before all payments that may become payable to any and all Participants under the Covered Plans (as defined in Section 15.5) have been made to Participants.

  • From time to time after the first Change of Control occurring after the execution of this Trust Agreement, if and when requested by Oglebay to do so, the Trustee shall engage the services of the Accounting Firm, at the expense of Oglebay, to determine the maximum future benefit amounts that could become payable with respect to any one or more Participants under all of the Covered Plans, using the assumptions and methodology described in Exhibit B.


More Definitions of Covered Plans

Covered Plans means the 1995 Equity Incentive Plan (as amended and restated January 25, 2003) (the “1995 Plan”) or the ESS Technology, Inc. 1997 Equity Incentive Plan (as amended and restated April 26, 2003) (the “1997 Plan”).
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Covered Plans. The disclosures required by the regulation must be made to “covered plans,” which include “employee pension benefit plans” or “pension plans” as defined by ERISA §3(2)(A), but do not include SEP-IRAs, SIMPLE IRAs, IRAs and individual retirement annuities. Plans not governed by ERISA (e.g., government plans) are not “covered plans.” However, some private sector 403(b) plans are covered by ERISA and therefore, Brokers who provide covered services for those plans are subject to the regulation. Annuity contracts and custodial accounts in 403(b) plans that were issued to a current or former employee before January 1, 2009 where no additional contributions have been made and the contract is fully vested and enforceable by the employee are not “covered plans.” As pointed out in the preamble to the regulation, “… some contracts or arrangements will fall outside the scope of the regulation because they do not involve a ‘covered plan’ and a ‘covered service provider.’ ERISA nonetheless requires such contracts or arrangements to be ‘reasonable’ in order to satisfy the
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Covered Plans means those nonqualified, unfunded plans of the Company listed on Schedule B, which schedule the Company and the Employee may amend from time to time by mutual consent.
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Covered Plans means the deferred compensation, retirement, life insurance and death benefit obligations to the Participants under the plans identified on Schedule A, as such Schedule maybe amended from time to time prior to a Change in Control.
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Related to Covered Plans

  • 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 the aggregate as are payable thereunder prior to a Change in Control;

  • Qualified Plans has the meaning set forth in Section 5.20.

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

  • Basic Plan means as to any Member or Vested Former Member the defined benefit pension plan of the Company or an Affiliated Employer intended to meet the requirements of Code Section 401(a) pursuant to which retirement benefits are payable to such Member or Vested Former Member or to the Surviving Spouse or designated beneficiary of a deceased Member or Vested Former Member.

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.

  • Old Plans has the meaning set forth in Section 6.8(b).

  • Compensation Plans shall have the meaning set forth in Section 3.11(b).

  • Registered Plans means, collectively, trusts governed by registered retirement savings plans, registered retirement income funds, registered disability savings plans, deferred profit sharing plans, tax-free savings accounts and registered education savings plans.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • 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.

  • Medical Benefits means medical, optical, or dental benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits.

  • Permitted Plan means any employee benefits plan of the Issuer or any of its Affiliates and any Person acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • dependants for the purpose of definition, dependants are spouse, dependent children and anyone for whom the employee claims exemption on federal income tax returns;

  • Former Plan means any employee benefit plan in respect of which the Customer or a Subsidiary has engaged in a transaction described in Section 4069 or Section 4212(c) of ERISA.

  • 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.

  • Medical Benefits Schedule means the Medicare Schedule of Benefits produced by the Department of Health to which all fees and benefits relate for inpatient hospital services.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Retiree means any person who has begun accruing a retirement

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.