Compensation; Employment Plans; Retirement Plans; etc Sample Clauses

Compensation; Employment Plans; Retirement Plans; etc. On or prior to the Closing, except with the consent of NDI, which consent shall not be unreasonably withheld, DGD will not (i) increase the rate of compensation of any of its directors, officers, employees, agents (including sales agents), dealers or distributors other than in the ordinary course and consistent with past practice, (ii) grant or pay any additional or special compensation, bonus, perquisite, benefit, loan or advance to any of its directors, officers, employees, agents (including sales agents), dealers or distributors or (iii) except as required by law or as is necessary to terminate any Pension Plan (as defined in Section 4.01(j) hereof), institute, enter into or amend any employment, employee benefit, pension, retirement, stock option, profit sharing, compensation, consultant, bonus, group insurance or similar plan in respect of any of its directors, officers, employees, agents (including sales agents), dealers or distributors.
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Compensation; Employment Plans; Retirement Plans; etc. (i) A complete and accurate description of all Contracts, plans, programs, agreements, undertakings, understandings and arrangements with respect to the salaries, commissions, bonuses, benefits, perquisites, compensation of, or loans or advances to, directors, officers, employees, agents (including sales agents), dealers or distributors of DGD or any DGD Subsidiary is set forth in Schedule 5.01(k) hereto. Until the Release Time, DGD will not, and will not permit any DGD Subsidiary to (i) increase the rate of compensation of any of its directors, officers, employees, agents (including sales agents), dealers or distributors other than in the ordinary course and consistent with past practice, (ii) grant or pay any additional or special compensation, bonus, perquisite, benefit, loan or advance to any of its directors, officers, employees, agents (including sales agents), dealers or distributors or (iii) except as required by law or as is necessary to terminate any Pension Plan (as defined in Section 6.01(i)), institute, enter into or amend any employment, employee benefit, pension, retirement, stock option, profit sharing, compensation, consultant, bonus, group insurance or similar plan in respect of any of its directors, officers, employees, agents (including sales agents), dealers or distributors.

Related to Compensation; Employment Plans; Retirement Plans; etc

  • 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.

  • 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.

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any of its directors, officers or employees or those of its subsidiaries or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (1) for normal individual increases in compensation to employees (other than executive officers or directors) in the ordinary course of business consistent with past practice, (2) for other changes that are required by applicable law and (3) to satisfy Previously Disclosed contractual obligations.

  • Compensation; Employment Agreements 16 5.15 Noncompetition, Confidentiality and Nonsolicitation Agreements; Employee Policies...... 16 5.16

  • 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.

  • Compensation Plans Following any termination of the Executive's employment, the Company shall pay the Executive all unpaid amounts, if any, to which the Executive is entitled as of the Date of Termination under any compensation plan or program of the Company, at the time such payments are due.

  • Savings Plans Employee shall be entitled to participate in Employer’s 401(k) plan, or other retirement or savings plans as are made available to Employer’s other executives and officers and on the same terms which are available to Employer’s other executives and officers.

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

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