Assumption of Non-Qualified Savings Plan Liabilities Sample Clauses

Assumption of Non-Qualified Savings Plan Liabilities. (i) Effective as of the Time of Distribution, Rockwell hereby assumes, and agrees to fully perform, pay and discharge, and agrees to cause the Rockwell Automation Non-Qualified Pension Plan to assume, and to fully perform, pay and discharge, all accrued benefit and other Liabilities of Rockwell or any of its Subsidiaries (including members of the Rockwell Xxxxxxx Group and members of the Rockwell Science Center Group) and of the Rockwell Non-Qualified Savings Plan under and relating to the Rockwell Non-Qualified Savings Plan with respect to Rockwell Automation Participants who were covered under the Rockwell Non-Qualified Savings Plan prior to the Time of Distribution. (ii) Effective as of the Time of Distribution, Rockwell Science Center hereby assumes, and agrees to fully perform, pay and discharge, and agrees to cause the 38 <PAGE> 42 Rockwell Science Center Non-Qualified Savings Plan to assume, and to fully perform, pay and discharge, all accrued benefit and other Liabilities of Rockwell or any of its Subsidiaries (including members of the Rockwell Xxxxxxx Group and members of the Rockwell Science Center Group) and of the Rockwell Non-Qualified Savings Plan under and relating to the Rockwell Non-Qualified Savings Plan with respect to Rockwell Science Center Participants who were covered under the Rockwell Non-Qualified Savings Plan prior to the Time of Distribution. (iii) Effective as of the Time of Distribution, Rockwell Xxxxxxx hereby assumes, and agrees to fully perform, pay and discharge, and agrees to cause the Rockwell Non-Qualified Savings Plan to retain, and to fully perform, pay and discharge, all accrued benefit and other Liabilities of Rockwell or any of its Subsidiaries (including members of the Rockwell Xxxxxxx Group and members of the Rockwell Science Center Group) and of the Rockwell Non-Qualified Savings Plan under and relating to the Rockwell Non-Qualified Savings Plan with respect to all participants who were covered under the Rockwell Non-Qualified Savings Plan prior to the Time of Distribution (other than Rockwell Automation Participants and Rockwell Science Center Participants), including all Rockwell Xxxxxxx Participants. Section 4.05
Sample 1
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Assumption of Non-Qualified Savings Plan Liabilities. (i) Effective as of the Time of Distribution, Washington hereby assumes, and agrees to fully perform, pay and discharge, and agrees to cause the Washington Non-Qualified Savings Plan to assume, and to fully perform, pay and discharge, all accrued benefit and other Liabilities of Conexant or any of its Subsidiaries (including members of the Washington Group) and of the Conexant Non-Qualified Savings Plan under and relating to the Conexant Non-Qualified Savings Plan with respect to Washington Participants who were covered under the Conexant Non-Qualified Savings Plan prior to the Time of Distribution.
Sample 1
Assumption of Non-Qualified Savings Plan Liabilities. (i) Effective as of the Time of Distribution, Rockwell hereby assumes, and agrees to fully perform, pay and discharge, and agrees to cause the Rockwell Automation Non-Qualified Pension Plan and the Rockwell Automation Master Rabbi Trust to assume, and to fully perform, pay and discharge, all accrued benefit and other Liabilities of Rockwell or any of its Subsidiaries (including members of the Rockwell Collxxx Xxxup and members of the Rockwell Science Center Group), the Rockwell Non-Qualified Savings Plan and the Rockwell Master Rabbi Trust under and relating to the Rockwell Non-Qualified Savings Plan and the Rockwell Master Rabbi Trust with respect to Rockwell Automation Participants who were covered under the Rockwell Non-Qualified Savings Plan prior to the Time of Distribution.
Sample 1
Assumption of Non-Qualified Savings Plan Liabilities. (i) Effective as of the Time of Distribution, Rockwell hereby assumes, and agrees to fully perform, pay and discharge, and agrees to cause the Rockwell Automation Non-Qualified Pension Plan to assume, and to fully perform, pay and discharge, all accrued benefit and other Liabilities of Rockwell or any of its Subsidiaries (including members of the Rockwell Collxxx Xxxup and members of the Rockwell Science Center Group) and of the Rockwell Non-Qualified Savings Plan under and relating to the Rockwell Non-Qualified Savings Plan with respect to Rockwell Automation Participants who were covered under the Rockwell Non-Qualified Savings Plan prior to the Time of Distribution.
Sample 1

Related to Assumption of Non-Qualified Savings Plan Liabilities

  • Defined Contribution Plan The Employer will establish the following Employer contribution programs in the existing salary deferral plans: » Beginning in 2006 and continuing throughout the term of the Agreement, a performance-based contribution

  • Initial Contribution of Trust Property; Organizational Expenses The Property Trustee acknowledges receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $10, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of any Trustee, promptly reimburse such Trustee for any such expenses paid by such Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

  • Servicing Compensation; Payment of Certain Expenses by Servicer The Servicer shall be entitled to receive the Servicing Fee in accordance with Section 3.03 as compensation for its services in connection with servicing the Mortgage Loans. Moreover, additional servicing compensation in the form of late payment charges and certain other receipts not required to be deposited in the Collection Account as specified in Section 3.02 shall be retained by the Servicer. The Servicer shall be required to pay all expenses incurred by it in connection with its activities hereunder (including payment of all other fees and expenses not expressly stated hereunder to be for the account of the Securityholders, including, without limitation, the fees and expenses of the Administrator, Owner Trustee, Indenture Trustee and any Custodian) and shall not be entitled to reimbursement therefor except as specifically provided herein.

  • Defined Contribution Plans The Company does not maintain, contribute to or have any liability under (or with respect to) any employee plan which is a tax-qualified "defined contribution plan" (as defined in Section 3(34) of ERISA), whether or not terminated.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Employer Profit Sharing Contributions An Employee will be eligible to become a Participant in the Plan for purposes of receiving an allocation of any Employer Profit Sharing Contribution made pursuant to Section 11 of the Adoption Agreement after completing 1 (enter 0, 1, 2 or any fraction less than 2)

  • ALLOCATION OF CONTRIBUTIONS You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Indemnification for Additional Expenses Incurred to Secure Recovery or as Witness (a) The Company shall, to the fullest extent permitted by law, indemnify Indemnitee with respect to, and hold Indemnitee harmless from and against, any and all Expenses and, if requested by Indemnitee, shall advance on an as-incurred basis (as provided in Section 8 of this Agreement) such Expenses to Indemnitee, which are incurred by Indemnitee in connection with any action or proceeding or part thereof brought by Indemnitee for (i) indemnification or advance payment of Expenses by the Company under this Agreement, any other agreement, the Certificate of Incorporation or Bylaws of the Company as now or hereafter in effect; or (ii) recovery under any director and officer liability insurance policies maintained by the Company.

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