Plan Merger. In the event that the Employer merges another plan into this Plan, and does not fully vest upon merger the participant accounts in the merging plan, the Plan Administrator will allocate any post-merger forfeitures attributable to the merging plan in accordance with the Employer’s elections in its Adoption Agreement. The Employer may elect to limit any such forfeiture allocation only to those Participants who were also participants in the merged plan, but in the absence of such an election, all Participants who have satisfied any applicable allocation conditions under Section 3.06 will share in the forfeiture allocation.
Plan Merger. The parties recognize that the IATSE 401(k) Plan previously established in 2002 was merged into the IATSE Annuity Plan as of December 31, 2009. The Annuity Plan is administered by an independent service provider chosen by the bargaining parties.
Plan Merger. The Plan may be amended in accordance with Section 12.1 to provide for the merger of the Plan, in whole or in part, or a transfer of all or part of its assets, into or to any other qualified plan within the meaning of section 401(a) of the Code, including such a merger or transfer in lieu of a distribution which might otherwise be required under the Plan. In the case of any merger or consolidation with, or transfer of assets or liabilities to, any other plan, each Member shall be entitled to a benefit immediately after the merger, consolidation or transfer (if such other plan then terminated) which is equal to or greater than the benefit he would have been entitled to receive immediately before the merger, consolidation or transfer (if the Plan had then been terminated).
Plan Merger. Effective as of December 15, 2008, the Arch Deferred Compensation Plan is hereby merged with and into this Plan and, after such time, all benefits accrued under the Arch Deferred Compensation Plan shall be governed by and payable in accordance with the terms of this Plan, subject to the applicable grandfather provisions set forth in Attachment A to this Plan; provided, however, that, subject to the transition election provisions set forth in (d) below, benefits under the Arch Deferred Compensation Plan that were accrued at the time of its merger with and into this Plan, as well as any additional benefits for participants under the Arch Deferred Compensation Plan from deferrals of compensation for calendar year 2008 (including any bonus for calendar year 2008 and prior years paid during calendar year 2009) that are made pursuant to a deferral election previously made under the Arch Deferred Compensation Plan, shall be paid in the form of the applicable distribution elections in effect under the Arch Deferred Compensation Plan at the time of the merger.
Plan Merger. Effective on the Merger Date, the Converge Plan and the Converge Trust Fund are merged into this Plan and the trust fund hereunder, and the terms of this Plan supersede the terms of the Converge Plan. All persons (including current and former employees and their beneficiaries) having an interest under the Converge Plan prior to the Merger Date shall, on and after the Merger Date, be entitled to benefits solely from the Plan, including this Supplement No. 21, in lieu of any and all interest which they had or may have had under the Converge Plan.
Plan Merger. Effective on the Merger Date, the Nu Horizons Plan and the Nu Horizons Trust Fund are merged into this Plan and the trust fund hereunder, and the terms of this Plan supersede the terms of the Nu Horizons Plan. All persons (including current and former employees and their beneficiaries) having an interest under the Nu Horizons Plan prior to the Merger Date shall, on and after the Merger Date, be entitled to benefits solely from the Plan, including this Supplement No. 20, in lieu of any and all interest which they had or may have had under the Nu Horizons Plan.
Plan Merger. Effective on the Merger Date, the Shared Technologies Plan and the Shared Technologies Trust Fund are merged into this Plan and the trust fund hereunder, and the terms of this Plan supersede the terms of the Shared Technologies Plan. All persons (including current and former employees and their beneficiaries) having an interest under the Shared Technologies Plan prior to the Merger Date shall, on and after the Merger Date, be entitled to benefits solely from the Plan, including this Supplement No. 29, in lieu of any and all interest which they had or may have had under the Shared Technologies Plan.
Plan Merger. In the case of any merger or consolidation of the Plan with, or any transfer of the assets or liabilities of the Plan to, any other plan qualified under Code Section 401, the terms of the merger, consolidation or transfer shall be such that each Participant would receive (in the event of termination of the Plan or its successor immediately thereafter) a benefit which is no less than the benefit which the Participant would have received in the event of termination of the Plan immediately before the merger, consolidation or transfer.
Plan Merger. The PBGC will not assert any objection to a merger, in accordance with the requirements of section 414(1) of the IRC, and regulations thereunder, among any of the LTV Steel (J&L) Hourly Pension Plan, the LTV Steel (Republic) Hourly Pension Plan, the 1992 LTV Steel (J&L) Hourly Pension Plan and the 1992 LTV Steel (Republic) Hourly Pension Plan (any plan formed by such a merger, a "Merged Plan"), should LTV and LTV Steel desire to effect such mergers. If such mergers shall occur, for all purposes of this Agreement references herein to the "Restored Plans" shall be interpreted after the date of such merger as referring collectively to the Jonex & Xaugxxxx Xxxirement Plan, the 1992 J&L Salaried Retirement Plan and the Merged Plans.
Plan Merger
