401(k) Benefits Sample Clauses

401(k) Benefits. CCBC United shall cause the CCBC United 401(k) Plan to fully vest the Transferred Employees in their accounts immediately prior to their termination of employment with CCBC United and to prorate the employer-match contributions for the current year. CCBC United and the CCBCC Parties will share equally the cost and expense of providing such full vesting, provided that the parties hereto agree that (a) the CCBCC Parties will pay by wire transfer in immediately available funds to CCBC United any such amount allocated to the CCBCC Parties at the Closing, and (b) the CCBCC Parties shall not be responsible for any cost associated with CCBC United’s proration of the employer-match contributions referred to above. Transferred Employees will be eligible to participate in one or more defined contribution savings plans intended to qualify under Section 401(a) and 401(k) of the Code (“CCBCC Parties Savings Plan”) and, effective as of the Closing Date, the CCBCC Parties shall cause the CCBCC Parties Savings Plan to provide for receipt of Transferred Employees’ distribution of their account balances, including any outstanding loans, in the form of an eligible rollover distribution from the CCBC United 401(k) Plan, provided such rollovers are made at the election of the Transferred Employees.

401(k) Benefits. Employee shall retain all benefits he may have under DCRI's 401k Plan.

401(k) Benefits. Teams must match 401(k) contribution made by players with 1-3 accrued seasons, but only up to $1,750 limit. Eliminate self-insured short-term disability plan.

401(k) Benefits. Seller shall cause The Coca-Cola Company 401(k) Plan to fully vest the Nonrepresented Transferred Employees in their accounts immediately prior to his or her termination of employment with Seller. Buyer and Seller will share the cost and expense of providing such full vesting as mutually agreed by the parties. Nonrepresented Transferred Employees will be eligible to participate in one or more defined contribution savings plans intended to qualify under Section 401(a) and 401(k) of the Code (“Buyer Savings Plan”) and, effective as of the Closing Date, Buyer shall cause the Buyer Savings Plan to provide for receipt of Nonrepresented Transferred Employees’ distribution of their account balances, including any outstanding loans and shares of The Coca-Cola Company common stock, in the form of an eligible rollover distribution from The Coca-Cola Company 401(k) Plan, provided such rollovers are made at the election of the Nonrepresented Transferred Employees.

401(k) Benefits. Seller shall cause The Coca-Cola Company 401(k) Plan to fully vest the Transferred Employees in their accounts immediately prior to his or her termination of employment with Seller. Buyer and Seller will share the cost and expense of providing such full vesting. Transferred Employees will be eligible to participate in one or more defined contribution savings plans intended to qualify under Section 401(a) and 401(k) of the Code (“Buyer Savings Plan”) and, effective as of the Closing Date, Buyer shall cause the Buyer Savings Plan to provide for receipt of Transferred Employees’ distribution of their account balances, including any outstanding loans and shares of The Coca-Cola Company common stock, in the form of an eligible rollover distribution from The Coca-Cola Company 401(k) Plan, provided such rollovers are made at the election of the Transferred Employees.

401(k) Benefits. I understand that employee 401 (k) contributions and any matching employer 401 (k) contributions cease as of the Termination Date, regardless of whether I enter into this Agreement.

401(k) Benefits. CCR shall cause The Coca-Cola Company 401(k) Plan to fully vest the Transferred Employees in their accounts immediately prior to his or her termination of employment with CCR. CCBCC and CCR will share the cost and expense of providing such full vesting. Transferred Employees will be eligible to participate in one or more defined contribution savings plans intended to qualify under Section 401(a) and 401(k) of the Code (“CCBCC Savings Plan”) and, effective as of the Closing Date, CCBCC shall cause the CCBCC Savings Plan to provide for receipt of Transferred Employees’ distribution of their account balances, including any outstanding loans and shares of The Coca-Cola Company common stock, in the form of an eligible rollover distribution from The Coca-Cola Company 401(k) Plan, provided such rollovers are made at the election of the Transferred Employees.

401(k) Benefits. Employee should contact ▇. ▇▇▇▇ Price regarding eligibility for a distribution from the 401(k) plan and options relating thereto.

401(k) Benefits. Without regard to the pension plan in which an employee participates under subsection (1) above, each employee will be eligible to participate in a Company-sponsored 401(k) retirement savings plan pursuant to the terms of such plan, provided that each such employee will be eligible for matching contributions as described below and any such plan will be amended accordingly. Any such plan will not be otherwise altered or diminished for such employees unless done so on a company-wide basis for all employees participating in such plan. Before any changes are made, the Company will notify the Union in writing in advance of the effective date of such change(s). Upon request by the Union, the Company will meet to explain the change(s). Notwithstanding the foregoing, the Company will have the sole discretion to determine the specific Company-sponsored 401(k) retirement savings plan to which the matching contributions described below will be made. Employees of Continental Micronesia, Inc. may be required to participate in a separate Guam-based plan, although they will be eligible for the matching contributions described below. The Company may transition all other employees under this Agreement from the United Airlines Ground Employee 401(k) Plan to the Continental Airlines, Inc. 401(k) Savings Plan, or vice versa, by plan merger or otherwise, provided the Company continues to provide each such employee with the matching contributions described below. Matching contributions for any employee covered under this Agreement will be equal to the greater of: a. 100% of the employee’s before-tax contributions to the plan up to a maximum of $300 for the plan year; or b. If the employee has at least 5 years of adjusted Company service, the amount determined under the following chart based on the employee’s years of adjusted Company service (determined as of the last day of the applicable calendar quarter): Years of Service Company Match At least 5 but less than 10 25% of the employee’s before-tax contributions for the plan year up to 4% (i.e., maximum match of 1%) At least 10 but less than 15 50% of the employee’s before-tax contributions for the plan year up to 4% (i.e., maximum match of 2%) At least 15 50% of the employee’s before-tax contributions for the plan year up to 6% (i.e., maximum match of 3%) For each employee who was covered by the collective bargaining agreement between United Air Lines, Inc. and the Union immediately prior to the Effective Date of this Agreemen...