Plan Membership Sample Clauses

Plan Membership. 34.1.1 All bargaining unit members who commenced employment with the City before October 1, 2010 shall participate in the Defined Benefit Plan referenced in Section 34.2 herein provided that such members enroll in that Plan on or before October 2011. Any bargaining unit member who commenced employment with the City before October 1, 2010 who elects not to participate in the Defined Benefit Plan may participate in the Defined Contribution Plan set forth in Section 34.3 herein provided that such member enrolls in such Plan within 90 days of the creation of the Defined Contribution Plan.
AutoNDA by SimpleDocs
Plan Membership. 19 Section 3.33 Solvency..............................................................................20 Section 3.34 Disclosure............................................................................20
Plan Membership. Section 3.32 of the Company Disclosure Letter sets forth a detailed schedule showing the number of subscribers in each dental and vision plan of the Company and the Companies Subsidiaries as well as total covered lives under all such plans of the Company and the Company Subsidiaries as of the Effective Date.
Plan Membership. 34.1.1 The parties agree that the City will join the Florida Retirement System (FRS) for general employees on January 1, 2020, or as soon thereafter as administratively feasible. Current employees who are participating in the City Employee Pension Plan (Defined Benefit Plan) on the date the city joins FRS may individually elect to remain in the City Defined Benefit Plan or join FRS. Current employees who are participating in the mandatory City 401(a) Defined Contribution Plan on the date the city joins FRS and all employees hired on or after that date will become members of FRS. Eligibility for participation in FRS, as well as FRS benefits and contributions, will be determined in accordance with Chapter 121, Florida Statutes, as that statute now exists and as it may be amended in the future, and rules of the Florida Division of Retirement.
Plan Membership. We reserve the right to accept or refuse membership in our discretion. You may not transfer or assign your Legal Plan to anyone else without the express written permission of Christian Trustmaker. You are covered by your plan Membership for the period of the Legal Plan as set forth in this Agreement as to the benefits outlined below. The benefits of this Legal Plan are limited to you, your spouse (if any), and your minor children (if any).

Related to Plan Membership

  • Employee Participants 2.01 ELIGIBILITY.

  • Participants The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

  • Participating Employers (a) With the consent of the Employer and Trustee, and by duly authorized action, any Affiliated Employer may adopt this Plan and become a Participating Employer.

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

  • Employee Stock Ownership Plan The Executive will be eligible to participate in the Company’s Employee Stock Ownership Plan (“ESOP”), subject to the terms and conditions of the ESOP.

  • Executive Compensation Plans Executive shall be entitled during the Term to participate, without discrimination or duplication, in executive compensation plans and programs intended for general participation by senior executives of the Bank, as presently in effect or as they may be modified or added to by the Bank from time to time, subject to the eligibility and other requirements of such plans and programs, including without limitation any stock option plans, plans under which restricted stock/restricted stock units, performance-based restricted stock/restricted stock units or performance-accelerated restricted stock/restricted stock units (collectively, “stock plans”) may be awarded, other annual and long-term cash and/or equity incentive plans, and deferred compensation plans. The Bank makes no commitment under this Section 5(a) to provide participation opportunities to Executive in all plans and programs or at levels equal to (or otherwise comparable to) the participation opportunity of any other executive.

  • Executive Compensation Until such time as the Investor ceases to own any debt or equity securities of the Company acquired pursuant to this Agreement or the Warrant, the Company shall take all necessary action to ensure that its Benefit Plans with respect to its Senior Executive Officers comply in all respects with Section 111(b) of the EESA as implemented by any guidance or regulation thereunder that has been issued and is in effect as of the Closing Date, and shall not adopt any new Benefit Plan with respect to its Senior Executive Officers that does not comply therewith. “Senior Executive Officers” means the Company's "senior executive officers" as defined in subsection 111(b)(3) of the EESA and regulations issued thereunder, including the rules set forth in 31 C.F.R. Part 30.

  • Eligible Employees Regular and probationary, full time and less than full-time employees (on a pro rata basis) are eligible to participate in this program. Sec. 903 COURSES ELIGIBLE: The following criteria will be used in determining eligibility for reimbursement:

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

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