AMOUNT OF PAYMENTS AFTER INSOLVENCY. Provided that there are sufficient assets, if the Trustee discontinues the payment of benefits from the Trust pursuant to Section 3(b) hereof and subsequently resumes such payments, the first payment following such discontinuance shall include the aggregate amount of all payments due to Plan participants or their beneficiaries under the terms of the Plan(s) for the period of such discontinuance, less the aggregate amount of any payments made to Plan participants provided for hereunder during any such period of discontinuance; provided that the Company has given the Trustee the information with respect to such payments made during the period of discontinuance prior to resumption of payments by the Trustee.
Appears in 3 contracts
Samples: Deferred Compensation Plan (Fremont General Corp), Fremont General Corp, Per Se Technologies Inc
AMOUNT OF PAYMENTS AFTER INSOLVENCY. Provided that there are sufficient assets, if the Trustee discontinues the payment of benefits from the Trust pursuant to Section 3(b) hereof and subsequently resumes such payments, the first payment following such discontinuance shall include the aggregate amount of all payments due to Plan participants or their beneficiaries under the terms of the Plan(s) Plan for the period of such discontinuance, less the aggregate amount of any payments made to Plan participants provided for hereunder during any such period of discontinuance; provided that the Company Employer has given the Trustee the information with respect to such payments made during the period of discontinuance prior to resumption of payments by the Trustee.
Appears in 2 contracts
Samples: Qualified Plan Trust Agreement (Weingarten Realty Investors /Tx/), Deferred Compensation Plan (Fremont General Corp)
AMOUNT OF PAYMENTS AFTER INSOLVENCY. Provided that there are sufficient assets, if the Trustee discontinues the payment of paying benefits from the Trust pursuant to Section 3(b3(a) hereof and subsequently resumes such payments, the first payment following such discontinuance shall include the aggregate amount of all payments due to Plan participants or and their beneficiaries under the terms of the Plan(s) Plan for the period of such discontinuance, less the aggregate amount of any payments made to Plan participants and their beneficiaries provided for hereunder during any such period of discontinuance; provided that the Company has given the Trustee the information with respect to such payments made during the period of discontinuance prior to resumption of payments by the Trustee.
Appears in 1 contract
Samples: Contingent Share Award Agreement (Flextronics International LTD)
AMOUNT OF PAYMENTS AFTER INSOLVENCY. Provided that there are sufficient assets, if the Trustee discontinues the payment of benefits from the Trust pursuant to Section 3(b) hereof and subsequently resumes such payments, the first payment following such discontinuance shall include the aggregate amount of all payments due to Plan participants or their beneficiaries under the terms of the Plan(s) Plan for the period of such discontinuance, less the aggregate amount of any payments made to Plan participants provided for hereunder during any such period of discontinuance; , provided that the Company has given the Trustee the information with respect to such payments made during the period of discontinuance prior to resumption of payments by the Trustee.
Appears in 1 contract
Samples: Deferred Stock Unit Plan Trust Agreement (Per Se Technologies Inc)