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. 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. 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. 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. The CCBCC Parties shall cause the Coca-Cola Bottling Co. Consolidated Retirement Savings Plan (the “CCBCC Plan”) to fully vest the Transferred Employees in their accounts immediately prior to their termination of employment with the CCBCC Parties 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) CCBC United will pay by wire transfer in immediately available funds to the CCBCC Parties any such amount allocated to CCBC United at the Closing, and (b) CCBC United shall not be responsible for any cost associated with the CCBCC Parties’ 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 (“CCBC United Savings Plan”) and, effective as of the Closing Date, CCBC United shall cause the CCBC United 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 CCBCC Plan, provided such rollovers are made at the election of the Transferred Employees.
401(k) Benefits. You will become eligible to enroll in the Company’s 401K plan on August 1, 2008. This includes an employer-matching program, wherein the Company will match 100% of your contributions up to the first 3% of your annual salary and 50% of the next 2% deferrals to a maximum of 4% Company Match. Additional information regarding this plan will be sent to you prior to your eligibility date.
401(k) Benefits. Teams must match 401(k) contribution made by players with 1-3 accrued seasons, but only up to $1,750 limit. U. Short-term Disability Benefits Eliminate self-insured short-term disability plan.
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:
401(k) Benefits. Employee should contact X. Xxxx Price regarding eligibility for a distribution from the 401(k) plan and options relating thereto.
401(k) Benefits. Employee shall retain all benefits he may have under DCRI's 401k Plan.
