Common use of Immediate Eligibility Clause in Contracts

Immediate Eligibility. Any delay in eligibility and any waiting period normally associated with the receipt of any of the benefits provided for by this Agreement shall be waived and the Executive (and his spouse where applicable) shall be eligible to receive benefits as of the Effective Date as if such delays and waiting periods have been satisfied. Notwithstanding the foregoing, this Article 6.7 shall not apply to the qualified retirement plans of Russxxx xx waiving the eligibility requirements or any associated waiting periods would cause a violation under ERISA.

Immediate Eligibility. Any delay in eligibility and any waiting period normally associated with the receipt of any of the benefits provided for by this Agreement shall be waived and the Executive (and his spouse where applicable) shall be eligible to to, receive benefits as of the Effective Date as if such delays and waiting periods have been satisfied. Notwithstanding the foregoing, this Article 6.7 shall not apply to the qualified retirement plans of Russxxx xx waiving the eligibility requirements or any associated waiting periods would cause a violation under ERISA.

Immediate Eligibility. Any delay in eligibility and any waiting period normally associated with the receipt of any of the benefits provided for by this Agreement shall be waived and the Executive (and his spouse where applicable) shall be eligible to receive benefits as of the Effective Date as if such delays and waiting periods have been satisfied. Notwithstanding the foregoing, this Article Section 6.7 shall not apply to the any qualified retirement plans of Russxxx xx waiving the eligibility requirements or any associated waiting periods would cause a violation under ERISA.

Immediate Eligibility. Any delay in eligibility and any waiting period normally associated with the receipt of any of the benefits provided for by this Agreement shall be waived and the Executive (and his spouse where applicable) shall be eligible to receive benefits as of the Effective Date as if such delays and waiting periods have been satisfied. Notwithstanding the foregoing, this Article 6.7 6.4 shall not apply to the qualified retirement plans of Russxxx xx the Company if waiving the eligibility requirements or any associated waiting periods would cause a violation under the Employee Retirement Income Security Act of 1974 (“ERISA”).