New MIC Plan definition

New MIC Plan means the Company’s and its Subsidiaries’ Management Incentive Compensation Plan approved and adopted by the Board to be effective for any calendar year after 2004.
New MIC Plan means Holdings' and its Subsidiaries' Management Incentive Compensation Plan agreed upon by the Board and the Company's Chief Executive Officer, effective January 1, 2001 or thereafter.
New MIC Plan means Holdings’ and its Subsidiaries’ Management Incentive Compensation Plan approved and adopted by the Board to be effective for any calendar year after 2004.

Examples of New MIC Plan in a sentence

  • If a New MIC Plan is not agreed upon by the Board and the Company's Chief Executive Officer, the Executive will have substantially the same bonus opportunities as existed under the MIC Plan prior to the date hereof, taking into account the new capital structure of the Company and its Affiliates.

  • Effective January 1, 2001, the MIC Plan will be replaced by the New MIC Plan which shall be mutually agreed upon by the Board and the Company's Chief Executive Officer.


More Definitions of New MIC Plan

New MIC Plan means the Company’s and its Subsidiaries’ Management Incentive Compensation Program or Plan approved and adopted by the Board to be effective for any calendar year after 20 .

Related to New MIC Plan

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • 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.

  • Dental plan means any dental insurance policy, including those of nonprofit health service plans, and those of commercial group, blanket, and individual policies, any subscriber contracts issued by Health Maintenance Organizations (HMOs), and any other established programs under which the insured may make a claim. The term Dental Plan includes coverage under a governmental plan, or coverage required to be provided by law. This does not include a State plan under Medicaid (Title XIX, Grants to States for Medical Assistance Programs, of the United States Social Security Act, as amended from time to time.)

  • RBC plan means a comprehensive financial plan containing the elements specified in K.S.A. 40-2c06, and amendments thereto. If the commissioner rejects the RBC plan, and it is revised by the insurer, with or without the commissioner's recommendation, the plan shall be called the "revised RBC plan."

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Health benefits plan means a benefits plan which pays or

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Classification plan means the orderly arrangement of positions within an agency into separate and distinct job families so that each job family will contain those positions which involve similar or comparable skills, duties and responsibilities [74:840 1.3].

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Supplemental Plan means a written plan for a child outlining the agency's plan to locate a permanent placement for the child and which may be developed concurrently with the case plan.

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

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

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • 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.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Qualified dental plan means a limited scope dental plan that has been certified in accordance with

  • Plan means any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which the Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Retiree Welfare Plan means, at any time, a Welfare Plan that provides for continuing coverage or benefits for any participant or any beneficiary of a participant after such participant’s termination of employment, other than continuation coverage provided pursuant to Section 4980B of the IRC and at the sole expense of the participant or the beneficiary of the participant.

  • Specific Plan means the Sunset Specific Plan.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Company Plan means all Plans of which the Company or an ERISA Affiliate of the Company is or was a Plan Sponsor, or to which the Company or an ERISA Affiliate of the Company otherwise contributes or has contributed, or in which the Company or an ERISA Affiliate of the Company otherwise participates or has participated. All references to Plans are to Company Plans unless the context requires otherwise.