Common use of Employee Savings Plan Clause in Contracts

Employee Savings Plan. Upon your Termination Date, you have a number of withdrawal options. If your account is valued at more than $1,000 on your Termination Date, you have the option of leaving your account in the plan. If your account is valued at $1,000 or less, it will be paid to you as a mandatory lump sum cash-out. If you have an unpaid loan, you may continue to make monthly payments after your Termination Date. Fidelity will send you payment instructions approximately 4 weeks following your Termination Date. To receive Savings Plan information, call Fidelity Investments at (000) 000-0000. You may also access Savings Plan information on the internet by clicking “Access My Account” under NetBenefits at www.401k .com.

Appears in 5 contracts

Samples: Separation Agreement (Ashland Global Holdings Inc), Separation Agreement (Ashland Global Holdings Inc), Separation Agreement (Ashland Global Holdings Inc)

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Employee Savings Plan. Upon your Termination Separation Date, you have a number of withdrawal options. If your account is valued at more than $1,000 on your Termination Separation Date, you have the option of leaving your account in the plan. If your account is valued at $1,000 or less, it will be paid to you as a mandatory lump sum cash-out. If you have an unpaid loan, you may continue to make monthly payments after your Termination Separation Date. Fidelity will send you payment instructions approximately 4 weeks following your Termination Separation Date. To receive Savings Plan information, call Fidelity Investments at (000) 000-0000. You may also access Savings Plan information on the internet by clicking “Access My Account” under NetBenefits at www.401k .com.

Appears in 1 contract

Samples: Separation Agreement (Ashland Global Holdings Inc)

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