Common use of Defined Benefit Plan Clause in Contracts

Defined Benefit Plan. A plan under which a Participant’s benefit is determined by a formula contained in the plan and no Employee accounts are maintained for Participants.

Appears in 12 contracts

Samples: Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc), Participation Agreement (Sterling Chemicals Inc), Prototype Defined Contribution Plan (Old Dominion Freight Line Inc/Va)

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Defined Benefit Plan. A plan Plan under which a Participant’s 's benefit is determined by a formula contained in the plan Plan and no Employee individual accounts are maintained for Participants.

Appears in 7 contracts

Samples: East West Bancorp Inc, Non Standardized Adoption Agreement (Princeton Review Inc), Adoption Agreement (Shared Technologies Cellular Inc)

Defined Benefit Plan. A plan under which a Participant’s 's benefit is determined by a formula contained in the plan and no Employee accounts are maintained for Participants.

Appears in 5 contracts

Samples: Prototype Defined Contribution Plan (1st Constitution Bancorp), Prototype Defined Contribution Plan (Wellesley Bancorp, Inc.), Prototype Defined Contribution Plan (Savannah Bancorp Inc)

Defined Benefit Plan. A plan under which a Participant’s benefit is determined by a based solely on the Plan’s benefit formula contained in without the plan and no Employee accounts are maintained establishment of separate Accounts for Participants.

Appears in 3 contracts

Samples: www.placer.ca.gov, Prudential Retirement Services (National Penn Bancshares Inc), Plan and Trust Agreement (Mercantile Bancorp, Inc.)

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Defined Benefit Plan. A plan under which a Participant’s 's benefit is determined by a based solely on the Plan's benefit formula contained in without the plan and no Employee accounts are maintained establishment of separate Accounts for Participants.

Appears in 1 contract

Samples: Capital Corp of the West

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