Industries Thrift Plan Sample Clauses

Industries Thrift Plan. (a) (i) As soon as practicable after and effective as of the First Closing, Micro shall adopt or designate a profit-sharing plan with a salary reduction arrangement that covers the Micro Group and meets the requirements of Sections 401(a) and 401(k) of the Code ("Micro Thrift Plan"). Micro agrees that all service credited under the Ingram Thrift Plan ("Industries Thrift Plan") as of the First Closing with respect to the Micro Group shall be credited under the Micro Thrift Plan for all plan purposes, including eligibility and vesting.
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Related to Industries Thrift Plan

  • Financial Services Compensation Scheme We are a participant in the Financial Services Compensation Scheme (the “FSCS”). As a retail client you may be eligible to claim compensation from the FSCS in certain circumstances if we, any approved bank, our nominee company or eligible custodian are in default. Most types of investment business are covered in full for the first £85,000 of any eligible claim. Not every investor is eligible to claim under this scheme: for further information please contact us, or the FSCS directly at xxx.xxxx.xxx.xx.

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