Common use of PSRP Clause in Contracts

PSRP. If you participate in the ServiceMaster Profit Sharing and Retirement Plan (“PSRP”), your eligibility to participate will end on your Separation Date. Any Company match credited to your account will follow the PSRP’s vesting schedules. Subject to the terms and conditions of the PSRP, any balance in your account will be distributed in accordance with your prior elections.

Appears in 3 contracts

Samples: Separation Agreement and General Release (Servicemaster Global Holdings Inc), Separation Agreement and General Release (Servicemaster Global Holdings Inc), Separation Agreement and General Release (Servicemaster Global Holdings Inc)

AutoNDA by SimpleDocs

PSRP. If you participate in the ServiceMaster Profit Sharing and Retirement Plan (“PSRP”), your eligibility to participate will end on your Separation Date. Any Company match credited to your account will follow the PSRP’s vesting schedules. Subject Any amounts to be paid, distributed, rolled over, or held under the terms and conditions of the PSRP, any balance in your account PSRP will be distributed paid, distributed, rolled over, or held in accordance with your prior electionsthe terms of the PSRP and applicable rules and regulations.

Appears in 3 contracts

Samples: Confidential Separation Agreement and General Release (Servicemaster Global Holdings Inc), Confidential Separation Agreement and General Release (Servicemaster Global Holdings Inc), Separation Agreement and General Release (Servicemaster Global Holdings Inc)

PSRP. If you Your eligibility to participate in the ServiceMaster Profit Sharing and Retirement Plan (“PSRP”), your eligibility to participate ) will end on your Separation Date. Any Company match credited to your account will follow the PSRP’s vesting schedules. Subject Any amounts to be paid, distributed, rolled over, or held under the terms and conditions of the PSRP, any balance in your account PSRP will be distributed paid, distributed, rolled over, or held in accordance with your prior electionsthe terms of the PSRP and applicable rules and regulations.

Appears in 2 contracts

Samples: Separation Agreement and General Release (Servicemaster Co), Separation Agreement and General Release (Servicemaster Co)

PSRP. If you participate in or are eligible to participate in the ServiceMaster Profit Sharing and Retirement Plan (“PSRP”), your eligibility to participate will end on your Separation the Resignation Date. Any Company match credited to your account will follow the PSRP’s vesting schedules. Subject Any amounts to be paid, distributed, rolled over, or held under the terms and conditions of the PSRP, any balance in your account PSRP will be distributed paid, distributed, rolled over, or held in accordance with your prior electionsthe terms of the PSRP and applicable rules and regulations.

Appears in 1 contract

Samples: Resignation Agreement and General Release (Merry Maids Limited Partnership)

AutoNDA by SimpleDocs

PSRP. If you participate in the ServiceMaster Profit Sharing and Retirement Plan (“PSRP”), your eligibility to participate will end on your Separation Date. Any Company match credited to your account will follow the PSRP’s vesting schedules. Subject Any amounts to be paid, distributed, rolled over, or held under the terms and conditions of the PSRP, any balance in your account PSRP will be distributed paid, distributed, rolled over, or held in accordance with your prior elections.the terms of the PSRP and applicable rules and regulations. 

Appears in 1 contract

Samples: Separation Agreement and General Release (Servicemaster Global Holdings Inc)

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