of Plan Sample Clauses

of Plan. (a) It is understood that the specified rate for the Participant for purposes of the provisions of Article IV is ______% of Xxxxx'x Average Corporate Bond Rate.
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of Plan. In addition to the provisions hereof, this Agreement and the Option are governed by, and subject to the terms and conditions of, the Plan. The Employee acknowledges receipt of a copy of the Plan (a copy of which is attached hereto as Exhibit B). The Employee represents that he or she is familiar with the terms and conditions of the Plan, and hereby accepts the Option subject to all of the terms and conditions thereof, which terms and conditions shall control to the extent inconsistent in any respect with the provisions of this Agreement. The Employee hereby agrees to accept as binding, conclusive and final all decisions and interpretations of the Board as to any questions arising under the Plan or under this Agreement.
of Plan. One year group renewal term. All full time Union employees of the Fibre Resources Division, their spouses and dependents under age will be covered by this plan on the first of the month following the employee's completion of a waiting period of days of accumulated seniority. If the employee is not actively at work on the date the coverage would normally become effective, it become effective on the employee's return to regular employment on a full time basis.
of Plan. Benefits are payable for up to fifteen (15) weeks for each claim, based on the periodic doctor’s the employee’s doctor provides the Corporation.
of Plan. 6.1 Pre-Effective Date Injunction or Stays. All injunctions or stays, whether by operation of law or by order of the Bankruptcy Court, provided for in the Chapter 11 Cases pursuant to sections 105 or 362 of the Bankruptcy Code or otherwise that are in effect on the Confirmation Date shall remain in full force and effect until the Effective Date.
of Plan. Pre-Effective Date Injunction or Stays. All injunctions or stays, whether 6.1 by operation of law or by order of the Bankruptcy Court, provided for in the Chapter 11 Cases pursuant to sections 105 or 362 of the Bankruptcy Code or otherwise that are in effect on the Confirmation Date shall remain in full force and effect until the Effective Date. Restructuring Transactions. Effective as of the Effective Date, or 6.2 thereafter as necessary, the applicable Debtors and Reorganized ABH shall enter into one or more corporate reorganization and related transactions (the “Restructuring Transactions”) and take any actions as may be necessary or appropriate to simplify their corporate structure and to effect a tax efficient corporate restructuring of their respective businesses, in each case upon consultation with the Creditors Committee. The [restructuring transactions]Restructuring Transactions may include one or more intercompany mergers, consolidations, amalgamations, arrangements, continuances, restructurings, conversions, dissolutions, transfers (including transfers involving the issuance of New ABH Common Stock to subsidiaries of the Debtors or the Reorganized Debtors), liquidations or other transactions as may be determined by the Debtors or Reorganized ABH to be necessary or appropriate. The Debtors shall file Plan Supplement 12 setting forth the restructuring transactions that will occur. The Debtors shall be permitted to implement certain of the Restructuring Transactions after the Effective Date, as contemplated by Plan Supplement 12. Subject to the Restructuring Transactions, each of the Debtors shall continue to exist after the Effective Date as a separate entity, with all the powers of a corporation, limited liability company, or partnership, as the case may be, under applicable law in the jurisdiction in which each applicable Debtor is incorporated or otherwise formed and pursuant to its certificate of incorporation and bylaws or other organizational documents in effect prior to the Effective Date, except to the extent such certificate of incorporation and bylaws or other organizational documents are amended and restated or reorganized by the Plan or the CCAA Plan, as applicable, without prejudice to any right to terminate such existence (whether by merger or otherwise) under applicable law after the Effective Date. Certain affiliates of the Debtors are not Debtors in these Chapter 11 Cases. The continued existence, operation, and ownership of such ...
of Plan. On retirement except that those members of the Plan who are aged or over will not be entitled to benefits at the rate. AMOUNTS OF BENEFITS Benefits will be paid weekly at the rate of of the contract day rate for the disabled Employee for a maximum of weeks. Thereafter benefits will be paid monthly at the rate of of the contract day rate in effect on the last day of 26th week of disability until age Any benefits to which such regular part-time Employees may be eligible shall be calculated on a proportionate basis relating to the number of shifts worked in a workweek as against the normal five (5) shift workweek in the case of regular part-time Employees who work either only day shifts or a combination of day, night lobster shifts, and four (4) shift workweek in the case of regular part-time Employees who work only night shifts, but in no case may a regular part-time Employee benefits for which such regular part-time Employee shall have been entitled in accordancewith the provisions of the foregoing paragraphs. If an Employee who is a contributory member of the Toronto Star Pension Plan is disabled and becomes entitled to benefits at the rate in accordance with the foregoing paragraph, payment representing that Employee's contribution will be made by the Employer directly to the Toronto Star Pension Plan from the beginning of the Long Term Disability period which commences after the first weeks of disability. The Employee's rate of pay for Pension Plan purposes will be assumed to be the rate paid at the end of the initial weeks' period of disability. Benefits in either period will be reduced by any amounts paid under Workplace Safety and Insurance Board regulations. Effective January Employees who had five or more years of continuous service prior to going on Long Term Disability and who have been on Long Term Disability for a I. in of three shall be to a special annual compensation on following basis: for the of for each o to be point in Canada months (January t comparison) to of difference a Canada Plan and/or Workplace Safety and Insurance pension insured (1604) BASIS PAYMENT in of resulting wi II me on working clay for all of disability sickness or Irrespective the shift to which is assigned, loss of resulting on second absence to or clisability shall the loss of shift’s pay at clay shift For clisability of Employcc shall be
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of Plan. (OPTIONAL) This permits a distribution of all or a portion of a Participant's Account while employed for an unforeseen emergency. The distribution is limited to the amount necessary to meet the hardship and is only available to the vested portion of a Participant's Account. X Financial hardship withdrawls permitted
of Plan. (OPTIONAL) This permits distribution of all or a portion of a Participant's Account while employed for situations other than unforeseen emergency. The distribution is limited to the vested portion of a Participant's Account. In consideration of supporting the tax deferment of the contributions made to the Plan, this early withdrawal amount is subject to a ten percent (10%) penalty, and the Participant receiving the early withdrawal will be suspended from making future Deferrals for a period no later than the remainder of the Plan Year in which the withdrawal was received. The Employer should consult with its tax counsel or advisor before selecting this provision. X Early Withdrawal Not Permitted

Related to of Plan

  • Terms of Plan This Agreement is entered into pursuant to the Plan (a copy of which has been delivered to the Grantee). This Agreement is subject to all of the terms and provisions of the Plan, which are incorporated into this Agreement by reference, and the actions taken by the Committee pursuant to the Plan. In the event of a conflict between this Agreement and the Plan, the provisions of the Plan shall govern. All determinations by the Committee shall be in its sole discretion and shall be binding on the Company and the Grantee.

  • Copy of Plan By the execution of this Agreement, the Optionee acknowledges receipt of a copy of the Plan.

  • Duration of Plan No Grant or Award may be issued under this Plan before July 1, 1997, or after June 30, 2007; provided, however, a Grant of a Reload Option may be issued after June 30, 2007, upon the exercise of an Original Option as provided in Section 4.3 hereof. Grants and Awards issued on or after July 1, 1997, but on or before June 30, 2007, and Grants of Reload Options issued after June 30, 2007 upon the exercise of an Original Option as provided in Section 4.3 hereof, shall remain valid in accordance with their terms.

  • Administration of Plan The Plan is administered by a Committee appointed by the Company's Board of Directors. The Committee has the authority to construe and interpret the Plan, to make rules of general application relating to the Plan, to amend outstanding options, and to require of any person exercising this option, at the time of such exercise, the execution of any paper or the making of any representation or the giving of any commitment that the Committee shall, in its discretion, deem necessary or advisable by reason of the securities laws of the United States or any State, or the execution of any paper or the payment of any sum of money in respect of taxes or the undertaking to pay or have paid any such sum that the Committee shall in its discretion, deem necessary by reason of the Internal Revenue Code or any rule or regulation thereunder, or by reason of the tax laws of any State.

  • Amendment of Plan The Board may amend the Plan at any time with or without prior notice; provided, however, that no action authorized by this Section 16.2 shall reduce the amount of any outstanding Award or change the terms and conditions thereof without the Participant's consent. No amendment of the Plan shall, without the approval of the stockholders of the Company:

  • Approval of Plans Landlord will not check Tenant drawings for building code compliance. Approval of the Final Plans by Landlord is not a representation that the drawings are in compliance with the requirements of governing authorities, and it shall be Tenant’s responsibility to meet and comply with all federal, state, and local code requirements. Approval of the Final Plans does not constitute assumption of responsibility by Landlord or its architect for their accuracy, sufficiency or efficiency, and Tenant shall be solely responsible for such matters.

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