Common use of Present Value of Accrued Benefit Clause in Contracts

Present Value of Accrued Benefit. In the case of a defined benefit plan, a Participant's present value of accrued benefit shall be as determined under the provisions of all the defined benefit plans of the Company.

Appears in 2 contracts

Samples: Salaried Employees' Plan (FMC Corp), Udlp York Plan (FMC Corp)

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Present Value of Accrued Benefit. In the case of a defined benefit plan, a Participant's present value of accrued benefit Accrued Benefit shall be as determined under the provisions of all the applicable defined benefit plans of the Companyplan.

Appears in 1 contract

Samples: Retirement Savings Plan and Trust Agreement (Mattel Inc /De/)

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Present Value of Accrued Benefit. In the case of a defined benefit plan, a Participantparticipant's present value of accrued benefit shall be as determined under the provisions of all the applicable defined benefit plans of the Companyplan.

Appears in 1 contract

Samples: Employee Stock Plan (Kansas City Life Insurance Co)

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