Company Retirement Plan Sample Clauses

Company Retirement Plan. The term "Company Retirement Plan" means the Employees'Retirement Plan of Indianapolis Power & Light Company as now in effect or hereafter amended. The Company Retirement Plan is not amended or modified in any manner by this Plan, and any benefits payable to Participants or to their surviving spouses under this Plan shall have no effect on the benefits payable to Participants or to their surviving spouses under the Company Retirement Plan.
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Company Retirement Plan. Participation If you are participating in a Company Retirement Plan (“Plan”), your contributions will terminate as soon as practicable following the date your termination is processed through the payroll system, and your participation will otherwise terminate as of the Separation Date. Under the terms of the applicable Plan, you will not be eligible to make any further salary deferrals after the Separation Date. Your Plan account will be processed for final distribution or deferral, as applicable, beginning after the Separation Date. The processing will occur in accordance with the terms of the applicable Plan and the option you elected. Company Equity Plans The effect the termination of your employment with Company will have on your rights, if any, with respect to any outstanding options that you may hold in GrubHub Inc. immediately prior to the Separation Date will be as set forth in the terms of the GrubHub Inc. 2013 Omnibus Incentive Plan and in your Stock Option Grant Notices and Stock Option Agreements (collectively, the “Option Agreements”), except as otherwise set forth below.
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Company Retirement Plan. 5 Section 1.10. Compensation . . . . . . . . . . . . . 5 Section 1.11.
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Company Retirement Plan. (a) Effective as of the Closing, Buyer shall cause the Company to establish a defined benefit pension plan that qualifies under Section 401(a) of the Code and a trust under Section 501(a) of the Code. Such plan (the "New Plan") shall cover each Company Employee (whether current or former) who was a participant in the Salaried Plan prior to the Closing and shall credit, contingent upon the transfer of assets described below, Company Employees for purposes of eligibility, vesting and benefit accruals with years of service for employment with the Company or any Subsidiary or Affiliate of Cyprus Amax or the Company prior to the Closing as reflected in the records of Cyprus Amax's Salaried Plan. As soon as practicable after the Closing, but subject to completion of the asset transfer contemplated by Section 5.1.3(c), Cyprus Amax shall cause to be transferred from the trust for the Salaried Plan (the "Salaried Plan Trust") to the trust for the New Plan (the "New Plan Trust") all accrued benefits thereunder of each Company Employee (whether current or former) who was a participant in the Salaried Plan and their beneficiaries (the "Transferred Benefits").
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Company Retirement Plan. As of the Closing Date, Xxxxxxx Retail ----------------------- will cause the Company to sponsor or otherwise make available to Former Xxxxxx Employees a qualified defined contribution retirement plan (the "Company ------- Retirement Plan") and shall cause the Company Retirement Plan to accept a plan --------------- to plan transfer of assets and liabilities of the Xxxxxx 401(k) plan attributable to Former Xxxxxx Employees, including plan loans, in accordance with such terms and conditions of transfer as are mutually acceptable to the Company and Xxxxxx.
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Related to Company Retirement Plan

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

  • Supplemental Executive Retirement Plan The Executive shall participate in the Company's Unfunded Pension Plan for Selected Executives (the "SERP").

  • Retirement Plan Employee shall participate, after meeting eligibility requirements, in any qualified retirement plans and/or welfare plans maintained by the Company during the term of this Agreement.

  • Disability; Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Normal Retirement Unless Separation from Service or a Change in Control occurs before Normal Retirement Age, when the Executive attains Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.1 instead of any other benefit under this Agreement. If the Executive’s Separation from Service thereafter is a Termination with Cause or if this Agreement terminates under Article 5, no further benefits shall be paid.

  • Pre-Retirement Death Benefits Should the Director die while --------- ----------------------------- serving as a director of the Bank and prior to the Qualifying Date, the Bank will pay $671 per month for a continuous period of 120 months to the Beneficiary or Beneficiaries of the Director. The first such monthly installment payment shall be made on a date to be determined by the Bank, but in no event later than the first day of the sixth calendar month following the calendar month in which the Director died. In the event of the death of the last living Beneficiary before all installment payments shall have been made, the balance of any payments which remain unpaid at the time of such Beneficiary's death shall be commuted on the basis of eight percent (8%) per annum compounded interest and shall be paid in a single sum to the estate of the last Beneficiary to die. In the absence of any such beneficiary designation, or if no Beneficiary survives the Director, any payments remaining unpaid at the Director's death shall be commuted on the basis of eight percent (8%) per annum compounded interest and shall be paid in a single sum to the Director's estate.

  • Early Retirement x 1. Not applicable.

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