Common use of Continuation of Elections Clause in Contracts

Continuation of Elections. The VPG KEWAP will recognize and maintain Vishay KEWAP elections or designations, including participant deferral elections (to the extent possible), investment elections, beneficiary designations, and the rights of alternate payees under QDROs with respect to VPG Employees, to the extent such elections or designations are available under the VPG KEWAP and continued pursuant to procedures adopted under the VPG KEWAP.

Appears in 5 contracts

Samples: Employee Matters Agreement (Vishay Precision Group, Inc.), Employee Matters Agreement (Vishay Precision Group, Inc.), Employee Matters Agreement (Vishay Precision Group, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!