Target Benefit Plan definition

Target Benefit Plan shall have the meaning set forth in Section 2.15 hereof.

Target Benefit Plan has the meaning set forth in Section 4(ee)(i).

Target Benefit Plan means each Employee Benefit Plan sponsored or maintained or required to be sponsored or maintained at any time by Target or any Target Subsidiary or to which Target or any Target Subsidiary makes or has made, or has or has had an obligation to make, contributions at any time.

Examples of Target Benefit Plan in a sentence

• However, the assumed rate of earning described in Item vi below shall apply in determining the value of the previous contributions made to the Target Benefit Plan for purposes of the offset.

• For a discussion in the context of Canadian target benefit plans, see Aon Hewitt, Investments for the Target Benefit Plan, 2015, at https://retirementandinvestmentblog.aon.com/getattachment/ 242ef259-eac2-4d4d-8f6d-77e2b652b555/TargetBenefitPlan-Guide4-Jan2015-EN.pdf.aspx.

• However, the assumed rate of earning described in Item vi below shall apply in determining the value of the previous contributions made to the Target Benefit Plan for the purposes of the offset.

• True and complete copies of all Target Benefit Plans listed in Section 4.08(i) of the Disclosure Schedule, including any trust instruments, insurance contracts, actuarial reports and, with respect to any employee stock ownership plan, loan agreements forming a part of any Target Benefit Plan, and all amendments thereto have been provided or made available to the Buyer.

• In these 3 ACPM Target Benefit Plan Supplemental Paper dated September 8, 2014: ACPM-Target-Benefit-Plan- Supplemental-Report-(Sept8-14).pdfreports, the ACPM encouraged governments to adopt a framework for converting DB and DC plan accruals to target benefits, as it considers balanced conversion rules to be a key element in the growth of target benefit plans in Canada.

More Definitions of Target Benefit Plan

Target Benefit Plan means that your accrued pension benefit is based on a target benefit formula, and the funding rules for the Plan are based on long term (going concern) tests which measures the Plan’s ability to pay all pension liabilities in the long term and assumes the Plan continues indefinitely.

Target Benefit Plan means any pension, retirement, survivor income, salary continuation, stock option, restricted stock, restricted stock unit, stock purchase, stock ownership, stock appreciation right, capital appreciation, equity-related, profit sharing, deferred compensation, bonus, group insurance, disability, severance, change of control, fringe benefit, incentive, cafeteria or Code Section 125, welfare, or other benefit plans, contracts, agreements, and arrangements, including without limitation “employee benefit plans” as defined in Section 3(3) of ERISA whether or not subject to or covered by ERISA, incentive and welfare policies, contracts, plans, and arrangements, including split dollar life insurance arrangements, and all trust agreements and funding arrangements related thereto, in each such case which are or have been maintained, sponsored, or contributed to (or required to be contributed to) by Target or an ERISA Affiliate of Target for the benefit of or with respect to any present or former directors, officers, employees, or independent contractors of Target or any of its Subsidiaries, or any spouse or dependent of any such Person, or to, under or in connection with which Target or an ERISA Affiliate of Target has or may have any Liability, contingent or otherwise.

Target Benefit Plan means all plans with respect to Target employees or former employees to which Target is a party to or bound by or to which Target has an obligation to contribute relating to retirement savings, pensions, bonuses, profit sharing, deferred compensation, incentive compensation, life or accident insurance, hospitalization, health, medical or dental treatment or expenses, disability, unemployment insurance benefits, employee loans, vacation pay, severance or termination pay or other benefit plan, other than a Statutory Plan;

Target Benefit Plan means any individual or group employee benefit plans or arrangements of any type (including plans described in Section 3(3) of ERISA), sponsored, maintained or contributed to by Target or a Target ERISA Affiliate within six (6) years prior to the Effective Time.

Target Benefit Plan will mean the BC Target Benefit Pension Plan maintained by the B.C. Government and Services Employees’ Union and registered under the Pension Benefits Standards Act (British Columbia);

Target Benefit Plan any bonus, pension, profit sharing, deferred compensation, incentive compensation, stock ownership, stock purchase, stock option, phantom stock, retirement, vacation, severance, disability, death benefit, hospitalization, medical, welfare benefit or other plan, arrangement or understanding providing compensation or benefits to any current or former director, officer or employee of Target or any of its Subsidiaries.

Target Benefit Plan means any Benefit Plan with respect to Target.