Designated Plan definition

Designated Plan means a pension plan that is a designated plan for the purposes of the Income Tax Act (Canada); (“régime désigné”)
Designated Plan means a pension plan that is the subject of a transfer agree-
Designated Plan has the meaning specified in Section 11.18.

Examples of Designated Plan in a sentence

  • A Deferral Election shall specify both the amount to be deferred, expressed as a percentage of the Incentive Award otherwise payable in cash to the Participant under the terms of a Designated Plan, the year in which the amounts deferred shall be paid and the form of distribution (either lump sum or annual installments not exceeding 10 years).

  • Such Performance Unit shall be considered fully vested from and after the date of grant and shall be governed by the terms and conditions of the Program and the specific provisions of the Designated Plan to the extent not inconsistent with the terms of the Incentive Plan.

  • After the effective date of termination of the Designated Plan, the Designated Plan shall be "frozen" pending distribution of its assets to participants and their beneficiaries.

  • No persons who are not participants as of the termination date shall be eligible to participate in the Designated Plan or receive benefits thereunder, and no distributions shall be made by the Designated Plan except normal distributions in the ordinary course of business to or on behalf of employees who have separated service with the Company.

  • If the Designated Plan Committee is delegated authority under the Plan, the members of the Designated Plan Committee may thereafter be comprised of employees of the Corporation appointed by either the Executive Compensation Committee or the Corporation’s Chief Executive Officer.


More Definitions of Designated Plan

Designated Plan means the plan under which the Benefits are granted under this Policy and is as stated in the Policy Schedule or any Endorsement; however if none is so stated, the Designated Plan shall be Deluxe Plan;
Designated Plan shall have the meaning such term is given in Subsection 2.8(a).
Designated Plan means an employee benefit plan of Buyer or its Affiliates in a Relevant Jurisdiction that can provide benefits on a substantially comparable basis as the Relevant Pension Benefits in respect of each Transferred Employee’s service with Buyer under an Applicable Plan.
Designated Plan means the Pension Plan for Designated Employees of Co-Steel Lasco, A Division of Co-Steel Inc.
Designated Plan means the Pension Plan for Designated Employees of Company's Canadian Subsidiary, as amended and restated as of January 1, 1997; and (z) "TOP HAT PLAN" means the Agreement dated June 19, 1997 between the Company's Canadian Subsidiary and Michxxx Xxxxxxx.
Designated Plan means the Plan adopted by the Board of the Directors of the Company within six months of the date hereof;