No Retirement Fund or Conversion Sample Clauses

No Retirement Fund or Conversion. The LLC Interests shall not be subject to the operation of a retirement or sinking fund to be applied to the purchase or redemption thereof for retirement and shall not be convertible into any other class of limited liability company interests.
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No Retirement Fund or Conversion. The limited liability company interests in the Company will not be subject to the operation of a retirement or sinking fund to be applied to the purchase or redemption thereof for retirement and will not be convertible into any other class of limited liability company interests.
Sample 1Sample 2Sample 3See All (10)

Related to No Retirement Fund or Conversion

  • Retirement Fund The sum of $ 7.90, May 1, 2019 (May 1, 2020 $8.07; May 1, 2021 $ 8.24) per paid hour; ex- cept that Apprentices starting after April 30, 1997 will have this amount pro-rated in ac- cordance with their term level;

  • Early Retirement Option The District may offer an early retirement incentive for unit members.

  • Retirement Formula The City contracts with CalPERS to provide the 2.5% at 55 retirement formula set forth in California Government Code Section 21354.4.

  • Deferred Retirement a. An employee who, upon separation from County service, is eligible for paid retirement and elects deferred retirement must defer participation in the Grant until such time as he or she becomes an active retiree.

  • Normal Retirement Date The term “Normal Retirement Date” means “Normal Retirement Date” as defined in the primary qualified defined benefit pension plan applicable to the Executive, or any successor plan, as in effect on the date of the Change in Control of the Company.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

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