Non-Qualified Plan Sample Clauses

Non-Qualified Plan. Executive shall be entitled to participate in the ChoicePoint Inc. Deferred Compensation Plan ("Deferred Compensation Plan") which may include one or more of the following: (i) voluntary deferrals of salary or bonus, (ii) Employer contributions otherwise limited under the Employer's qualified retirement plans on account of limits imposed by the Internal Revenue Code ("Code"), and (iii) a supplemental retirement contribution, as set forth in Exhibit B.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Non-Qualified Plan. 18 4.1 Deferred Compensation Plan.....................................................................18
Sample 1Sample 2
Non-Qualified Plan. After the date hereof, Tality Employees shall no longer be eligible to contribute to or receive contributions under the Cadence 1994 Deferred Compensation Plan and the 1996 Deferred Compensation Venture Investment Plan; PROVIDED, HOWEVER, that amounts credited to the accounts of Tality Employees shall continue to be credited with gains and losses in accordance with the terms of such plans until such accounts are distributed. Neither the Separation nor Independence of Tality or the Partnership shall of itself constitute a termination of employment or otherwise constitute an event of distribution under either plan. Cadence shall amend the plans as necessary to achieve the effects and results contemplated by this Article IV.
Sample 1
Non-Qualified Plan. 17 4.1 Deferred Compensation Plan........................................... 17 ARTICLE V HEALTH AND WELFARE PLANS............................................ 18 5.1 Health Plans as of the Distribution Date............................. 18 5.2 Health Plans from the Separation Date through the Distribution Date.. 19 TABLE OF CONTENTS (Continued)
Sample 1
Non-Qualified Plan. Non-Qualified Plan shall mean the United Bankshares, Inc. Non-Qualified Retirement and Savings Plan, as it may be amended from time to time.
Sample 1
Non-Qualified Plan. 17 4.1 Deferred Compensation Plan.........................................................................17 ARTICLE V HEALTH AND WELFARE PLANS...................................................................................18
Sample 1
Non-Qualified Plan. In addition to permitting the Executive to participate in such employee benefit pension plan or plans as are generally made available to employees of the Employer from time to time, the Company shall establish and maintain an unfunded nonqualified deferred compensation plan, which shall constitute a “top-hat plan” under the Employee Retirement Income Security Act of 1974, as amended, under which the Executive shall be permitted to elect to defer compensation and to receive payment of such deferred compensation and notional earnings attributable thereto at a future date selected by the Executive (the “NQDC Plan”). In addition to the Executive’s elective deferrals under the NQDC Plan, the Company will make the following annual contributions to the NQDC Plan on the Executive’s behalf: (i) 20.5% of the amount by which the Executive’s Base Salary exceeds the then applicable annual limit on pensionable compensation established pursuant to Section 401(a)(17) of the Internal Revenue Code of 1986, as amended, and (ii) 20.5% of the bonus, if any, awarded to Executive under the Company’s Cash Incentive Plan.
Sample 1
AutoNDA by SimpleDocs
Non-Qualified Plan 
Sample 1Sample 2Sample 3

Related to Non-Qualified Plan

  • Qualified Plans With respect to each Employee Benefit Plan intended to qualify under Code Section 401(a) or 403(a) (i) the Internal Revenue Service has issued a favorable determination letter, true and correct copies of which have been furnished to Medical Manager, that such plans are qualified and exempt from federal income taxes; (ii) no such determination letter has been revoked nor has revocation been threatened, nor has any amendment or other action or omission occurred with respect to any such plan since the date of its most recent determination letter or application therefor in any respect which would adversely affect its qualification or materially increase its costs; (iii) no such plan has been amended in a manner that would require security to be provided in accordance with Section 401(a)(29) of the Code; (iv) no reportable event (within the meaning of Section 4043 of ERISA) has occurred, other than one for which the 30-day notice requirement has been waived; (v) as of the Effective Date, the present value of all liabilities that would be "benefit liabilities" under Section 4001(a)(16) of ERISA if benefits described in Code Section 411(d)(6)(B) were included will not exceed the then current fair market value of the assets of such plan (determined using the actuarial assumptions used for the most recent actuarial valuation for such plan); (vi) all contributions to, and payments from and with respect to such plans, which may have been required to be made in accordance with such plans and, when applicable, Section 302 of ERISA or Section 412 of the Code, have been timely made; and (vii) all such contributions to the plans, and all payments under the plans (except those to be made from a trust qualified under Section 401(a) of the Code) and all payments with respect to the plans (including, without limitation, PBGC (as defined below) and insurance premiums) for any period ending before the Closing Date that are not yet, but will be, required to be made are properly accrued and reflected on the Current Balance Sheet.

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Third Party Administrators for Defined Contribution Plans 2.1 The Fund may decide to make available to certain of its customers, a qualified plan program (the “Program”) pursuant to which the customers (“Employers”) may adopt certain plans of deferred compensation (“Plan or Plans”) for the benefit of the individual Plan participant (the “Plan Participant”), such Plan(s) being qualified under Section 401(a) of the Code and administered by TPAs which may be plan administrators as defined in the Employee Retirement Income Security Act of 1974, as amended.

  • Supplemental Executive Retirement Plan The Executive shall participate in the Company's Unfunded Pension Plan for Selected Executives (the "SERP").

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • Qualified Joint and Survivor Annuity An immediate annuity for the life of the Participant with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse and which is the amount of benefit which can be purchased with the Participant's vested account balance. The percentage of the survivor annuity under the Plan shall be 50% (unless a different percentage is elected by the Employer in the Adoption Agreement).

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Non-Qualified Stock Option This Option is not intended to be an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code and will be interpreted accordingly.

  • Retirement Plan Employee shall participate, after meeting eligibility requirements, in any qualified retirement plans and/or welfare plans maintained by the Company during the term of this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.