Retiree Payments. Retiree contribution amounts shall be paid to the District quarterly in advance.
Retiree Payments. All payments made to the Retirees pursuant ---------------- to their severance agreements shall constitute Transaction Expenditures.
Retiree Payments. 3 ARTICLE III UNITED STATES RETIREMENT AND PROFIT-SHARING PLAN BENEFITS........................................ 3 Section 3.01. Varian Associates, Inc. Retirement and Profit-Sharing Program.................... 3 Section 3.02. Establishment of Varian Semiconductor Equipment Associates, Inc. Defined Contribution Plan................................................................ 3 Section 3.03. Establishment of Varian, Inc. Defined Contribution Plan.......................... 3 Section 3.04. Reimbursement and Indemnification................................................ 4 ARTICLE IV
Retiree Payments. No Credit Party shall make any retirement benefit or other comparable payments to any retired employees, officer or directors of any Credit Party, other than (i) payments in the aggregate amount not to exceed $5,500,000 made to the individuals identified on Disclosure Schedule (6.22), to the extent such payments are made with the proceeds of the cash surrender value of life insurance policies maintained by such Credit Party with respect to such individuals or (ii) such payments which do not exceed $100,000 with respect to any single employee, officer or director in any Fiscal Year, and which do not exceed $250,000 with respect to all such employees, officers or directors in any Fiscal Year.
