Payments Under the Plan Clause Samples
Payments Under the Plan. Printpack shall, subject to the conditions set forth in this Agreement, make payments (as and to the extent specified below) in the event Employee shall die or become disabled and in the event that Employee's children should elect to pursue further education after graduation from high school.
Payments Under the Plan. Employees who select the opt-out plan shall receive payments from the Board as follows: Traditional Plan Family: $2,500 Parent/child: $1,400 Husband/Wife $2,000 Individual: $1,000 POS Plan Family: $1,800 Parent/child: $1,000 Husband/Wife $1,500 Individual: $ 700 Payments shall be made in semi-monthly installments for ten months (September through June).
Payments Under the Plan. (a) Upon a Change of Control, Company shall deliver to Trustee a schedule (the "Payment Schedule") that directs the Trustee regarding the amounts payable under the Plan, the form in which such amounts are to be paid, and the dates on which such amounts are payable. Except as otherwise provided herein, the Trustee shall make payments in accordance with such Payment Schedule. The Company shall have the sole responsibility for all tax withholding, related filings and reports. The Trustee shall withhold for taxes such amounts from distributions as the Company directs and shall follow the instructions of the Company with respect to the remission of such withheld amounts to the appropriate governmental authorities.
(b) Company may make payments directly as they become due under the terms of the Plan. Company shall notify Trustee of its decision to make payments directly prior to the time amounts are payable under the Plan. In addition, if the principal of the Trust, and any earnings thereon, are not sufficient to make payments in accordance with the terms of the Plan, Company shall make the balance of each such payment as it falls due. Trustee shall notify Company where principal and earnings are not sufficient.
(c) The entitlement of Plan Beneficiaries to benefits under the Plan shall be determined under the Plan, and any claim for such benefits shall be considered and reviewed under the procedure set out in the Plan.
Payments Under the Plan. From time to time during the term of this Agreement, the Trust, either directly or through an agent, will make payments to you pursuant to the Plan in consideration of your furnishing the Services (as defined below), as set forth in this Agreement. The Trust represents and warrants that any such Rule 12b-l payments shall be appropriately described in each Fund’s current prospectus and Statement of Additional Information and that all of the Trust’s obligations under this Agreement will be carried out in accordance with the most recent copy of the Plan that we have provided to you, as well as all applicable state and federal laws, including the 1940 Act, the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Securities Act of 1933, as amended (the “Securities Act”).
Payments Under the Plan. WHEN PAYMENTS START REDUCTION FOR STARTING PAYMENTS BEFORE AGE 65
Payments Under the Plan. With respect to this Agreement, (i) the Restricted Stock Units are bookkeeping entries, (ii) the obligations of the Company under this Agreement are unsecured and constitute a commitment by the Company to make benefit payments in the future, (iii) to the extent that any person acquires a right to receive payments from the Company under this Agreement, such right shall be no greater than the right of any general unsecured creditor of the Company, (iv) all payments under this Agreement shall be paid from the general funds of the Company and (v) no special or separate fund shall be established or other segregation of assets made to assure such payments (except that the Company may in its discretion establish a bookkeeping reserve to meet its obligations under this Agreement. The award of the Restricted Stock Units is intended to be an arrangement that is unfunded for tax purposes and for purposes of Title I of the Employee Retirement Income Security Act of 1974, as amended.
Payments Under the Plan. During the life of the contract, all current members (those employed by the Board on or before July 1, 2012) will be paid as follows: Family: $2,900 Parent/child: $1,700 Couple: $2,500 Individual: $1,200 Payments shall be made in semi-monthly installments for ten months (September through June). Members hired after July 1, 2012 will not be eligible for payment for waiving insurance coverage.
Payments Under the Plan. WHEN PAYMENTS START FORM OF PAYMENT