Qualified Defined Contribution Plans Sample Clauses

Qualified Defined Contribution Plans. (a) No member of the Duck Head Group or the Delta Apparel Group shall have any obligation to make contributions to the Delta Woodside Industries, Inc. Savings and Investment Plan (the "Delta Woodside 401(k) Plan") in respect of any member of the Duck Head Employee Group or the Delta Apparel Employee Group or otherwise after the Effective Time, except for accrued but unpaid employee and employer contributions, if any, relating to that employee's compensation earned before the Effective Time.
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Qualified Defined Contribution Plans. Section 7.1. Establishment of the Schlage Lock Company LLC 401(k)
Qualified Defined Contribution Plans. SECTION 4.01. The SNI 401(k) Plan.
Qualified Defined Contribution Plans. Section 3.1 UOL 401(k) Plan; FTD 401(k) Plan 6 Section 3.2 Contributions as of the Distribution Date 6 ARTICLE IV U.S. HEALTH AND WELFARE PLANS
Qualified Defined Contribution Plans. Effective as of the Benefits Transition Date, the Outdoor Americas Group established the Outdoor 401(k) Plan. Effective as of no later than the IPO Closing Time, the CBS Group shall have caused the accounts of the Outdoor Americas Employees and Former Outdoor Americas Employees under the CBS 401(k) Plan and related trust (including any outstanding loans) to be transferred to the Outdoor 401(k) Plan and related trust in cash or such other assets as determined by the applicable plan fiduciaries. As of the date of transfer to the trust maintained for the Outdoor 401(k) Plan of the CBS 401(k) Plan account of an Outdoor Americas Employee or Former Outdoor Americas Employee, Outdoor Americas shall cause the Outdoor 401(k) Plan and related trust to assume and be solely responsible for all liabilities for plan benefits under the Outdoor 401(k) Plan or CBS 401(k) Plan and related trusts to such Outdoor Americas Employee or Former Outdoor Americas Employee. CBS and Outdoor Americas agree to cooperate in making all appropriate filings and taking all reasonable actions required to implement the provisions of this Table of Contents Section 9.03(a); provided, that Outdoor Americas acknowledges that it shall be responsible for complying (or ensuring that its prototype plan provider is complying) with any requirements and applying for any Internal Revenue Service determination or opinion letters with respect to the Outdoor Americas 401(k) Plan and related trust. Subject to the requirements of applicable Law, as of no later than 15 days prior to the launch of the Initial Exchange Offer, the Outdoor Americas Group shall take such actions as are necessary to liquidate any shares of CBS Common Stock that are held in the Outdoor 401(k) Plan and its related trust. Subject to the requirements of applicable Law, from and following the transfer to the Outdoor 401(k) Plan and related trust of the accounts of the Outdoor Americas Employees and Former Outdoor Americas Employees under the CBS 401(k) Plan and related trust, the Outdoor Americas Group shall permit participants in the Outdoor 401(k) Plan to transfer the investment of their plan accounts out of CBS Common Stock and shall prohibit participants from transferring the investment of their plan accounts or electing the investment of new contributions to their plan accounts in shares of CBS Common Stock.
Qualified Defined Contribution Plans. Section 4.1 The MSG 401(k) Savings Plan 13 Section 4.2 Stock Investment Options 14 ARTICLE V
Qualified Defined Contribution Plans. Any tax-qualified defined contribution plans of the Seller (the "Seller's Defined Contribution Plans") will fully vest the Transferred Employees in, and will provide for the distribution to or on behalf of the Transferred Employees of, their account balances in accordance with such Plans' regular distribution rules for employees whose employment with the Seller and its Affiliates has terminated, provided that the Seller determines that such distributions will not adversely affect the qualified status of the Seller's Defined Contribution Plans under Section 401(a) of the Code. The Buyer shall have no responsibility for any determination made under the Seller's Defined Contribution Plans. So long as the Buyer maintains one or more defined contribution pension plans for its other similarly situated employees, the Buyer shall include the Transferred Employees in such plans (the "Buyer Defined Contribution Plan"). The Buyer Defined Contribution Plan shall recognize the Transferred Employees' service recognized by the Seller for purposes of eligibility to participate and vesting.
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Qualified Defined Contribution Plans. Agriliance will cause its qualified defined contribution plan to transfer assets to the qualified defined contribution plans of CHS or LOL at such time as CHS and LOL may jointly direct through the Agriliance benefit committee for the account of any Hired CN Employees or Hired CPP Employees.
Qualified Defined Contribution Plans. (a) Seller shall cause the Chevron Employee Savings Investment Plan (“Seller’s Defined Contribution Plan”) to fully vest each Affected Employee as of the date his or her employment with Seller terminates, and to provide for the distribution of such Affected Employee’s vested benefits in accordance with such plan’s distribution rules.
Qualified Defined Contribution Plans. Section 4.1 Participation of TransCo in the Entergy Savings Plan; Vesting. Effective not later than the Separation Date, Entergy shall have caused the Entergy Savings Plan to permit TransCo Employees to continue to participate therein during the period (if any) beginning on the Separation Date and ending immediately before the Closing Date in respect of each TransCo Employee who participated therein immediately before the Separation Date. Subject to any applicable collective bargaining obligation, Entergy shall cause each TransCo Employee to become fully vested in such TransCo Employee’s account balances under the Entergy Savings Plan as of the date on which such TransCo Employee ceases to be employed by the Entergy Group (which, generally, will be the Closing Date).
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