Split DC Plans definition

Split DC Plans has the meaning set forth in Section 8.1(a).

Examples of Split DC Plans in a sentence

  • All contributions payable to the Split DC Plans with respect to employee deferrals, matching contributions and employer contributions for SnackCo Employees through the Distribution Date, determined in accordance with the terms and provisions of the Split DC Plans, ERISA and the Code, shall be paid by GroceryCo or another member of the GroceryCo Group to the appropriate Split DC Plan prior to the date of any asset transfer described in Section 6.2.

  • For avoidance of doubt, the HII Spinoff DC Plans shall have the sole and exclusive obligation to restore the unvested portion of any account attributable to any individual who becomes employed by a member of the HII Group and whose employment with NGC or any of its Affiliates, or a member of the New NGC Group terminated on or before the Distribution at a time when such individual’s benefits under the Split DC Plans were not fully vested.

  • New NGC or a member of the New NGC Group shall cause the applicable Split DC Plan(s) to accept such transfer of accounts, liabilities and assets.

  • All contributions payable to the Split DC Plans with respect to employee deferrals, matching contributions and employer contributions for HII Employees through the Distribution Date, determined in accordance with the terms and provisions of the Split DC Plans, ERISA and the Code, shall be paid by New NGC or a member of the New NGC Group to the appropriate Split DC Plan prior to the date of any asset transfer described in Section 6.2.

Related to Split DC 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;

  • Parent Plans has the meaning set forth in Section 6.4(c).

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

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

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

  • 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.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

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

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

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

  • 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.

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

  • New Plans has the meaning set forth in Section 5.5(b).

  • Health benefits plan means a benefits plan which pays or

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

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

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

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • 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.

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

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

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

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

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