Retirement and Savings Plan. If you are entitled to receive Change in Control Benefits, the Company shall make a payment to you equal to 110% of the amount of any forfeitures that you experience as a result of your termination of employment under any of the Company’s pension or profit sharing plans. If you experience a forfeiture under the Accuride Retirement Plan, the amount of the Company’s payment shall be equal to 110% of your unvested “Cash Balance Account” (as defined in the Accuride Retirement Plan, as it may be amended from time to time). The additional 10% payment provided for in this paragraph is to compensate you for the loss of the opportunity to defer taxes through a rollover of the forfeited amounts. Except as otherwise provided in Section 4, the payment called for by this paragraph (h) shall be paid within 30 days following your termination of employment.
Retirement and Savings Plan. Pursuant to Section 3.3 of the 401(k) --------------------------- Plan, employees that are eligible to participate in the 401(k) Plan are those that are classified as "regular full-time" or "regular part- time" employees. By signing below, you expressly acknowledge and agree that Amgen is not classifying you as a regular full-time or regular part-time employee and therefore, as of the Effective Date, you will not be eligible to make contributions or to have contributions made on your behalf to the 401(k) Plan. This letter qualifies as an agreement pursuant to Section 3.3(c)(2) of the 401(k) Plan. You will, however, be able to maintain your 401(k) account in the Amgen plan to the extent allowed by law.
Retirement and Savings Plan. If your employment is terminated by the Company without Cause, or if you terminate your employment for Good Reason, within 18 months following a Change in Control or Partial Change in Control, the Company shall make a payment to you equal to 110% of the amount of any forfeitures that you experience as a result of your termination of employment under any of the Company's pension, or profit sharing plans. If you experience forfeitures under the Accuride Cash Balance Pension Plan the amount of the Company's payment shall be equal to 110% of your unvested "Cash Balance Account" as defined in the Accuride Cash Balance Pension Plan, as it may be amended from time to time. The additional 10% payment provided for in this Section is to compensate you for the loss of the opportunity to defer taxes through a rollover of the forfeited amounts.
Retirement and Savings Plan. During the Term of Employment, Executive shall be entitled to participate in all pension, retirement, savings and other employee benefit plans and programs, if any, generally applicable to employees or available to executives of the Company in accordance with the terms of such plans and programs.
Retirement and Savings Plan. Subject to the terms of the Company's 401(k) Plan, you will be eligible to participate in such Plan until the expiration of the Term (the "Termination Date").
Retirement and Savings Plan. The Hospital will maintain its defined contribution Retirement and Savings Plan for Registered Nurses covered by this Agreement. The Hospital's 403(b) plan will allow Employees to make the maximum voluntary contribution as determined each year by the IRS. The Employer’s annual contribution to the Retirement and Savings Plan, on behalf of each full-time and part-time Registered Nurse who is scheduled to work at least half-staff, during the term of the Agreement shall be at the rate of seven percent of the Registered Nurse’s combined base pay and, experience differential. Effective April 13, 2014 the following pay components shall be included for contribution purposes: education differential, certification differential, longevity awards, all standard overtime and voluntary premium overtime of four (4) hours or more, unless otherwise individually approved by the Manager. Contributions shall be made monthly, based on the Employee’s employment in the previous month for which payment is made. Effective April 1, 2014, Employee contributions to the Retirement and Savings Plan shall be a specific percentage of base pay as determined by the Registered Nurse, subject to and in accordance with applicable law.
Retirement and Savings Plan. All references to the “Amendment” are to the Post-EGTRRA “Good Faith” Amendment. This Amendment is a “good faith” amendment, is not part of the pre-approved EGTRRA document, and has not been reviewed by the IRS for compliance with various post-EGTRRA statutory and Regulatory changes. However, pursuant to the provisions of Revenue Procedure 2007- 44, this Amendment does not affect the status of reliance upon the Plan.
Retirement and Savings Plan. Company Contributions to this Plan cease on August 1, 2012. Xx. X'Xxxx is 100% vested in the value of his deferred salary and after-tax contributions to this Plan. Also, Xx. X'Xxxx is 100% vested in the Company Match Account and Company Contribution Account. The vested portion of Xx. X'Xxxx'x Retirement and Savings Plan can be distributed at any time after August 1, 2012, or, if Xx. X'Xxxx has at least $1,000 in his account, Xx. X'Xxxx may defer payment up to age 70½.
Retirement and Savings Plan. The Hospital will maintain its defined contribution Retirement and Savings Plan for Registered Nurses covered by this Agreement. The Hospital's 403(b) plan will allow Employees to make the maximum voluntary contribution as determined each year by the IRS. The Employer’s annual contribution to the Retirement and Savings Plan, on behalf of each full-time and part-time Registered Nurse who is scheduled to work at least half-staff, during the term of the Agreement shall be at the rate of seven percent of the Registered Nurse’s combined base pay and experience differential. Effective June 29, 2008 the following pay components shall be included for contribution purposes: education differential, certification differential and voluntary overtime. Contributions shall be made monthly, based on the Employee’s employment in the previous month for which payment is made.
Retirement and Savings Plan. All U.S. Transferred Employees with account balances under the Ameron 401(k) Retirement and Savings Plan (the “Ameron Plan”) shall be entitled to either (i) an immediate distribution of their account balances in accordance with the terms of such plan, or (ii) maintain such amounts in the Ameron Plan in accordance with its terms. Buyer shall cause one or more defined contribution plans established or designated by Buyer (each, a “Buyer Savings Plan”) each of which is designed and intended to qualify under Code Section 401(a) to accept a direct or indirect rollover of all or any portion of a distribution (within the meaning of Section 401(a)(31) of the Code including, in the case of a direct rollover, any promissory note included in such distribution), provided the Employee’s total vested account balance is transferred to the Buyer’s Plan. Buyer shall provide to Sellers a copy of the most recent determination letter issued by the Internal Revenue Service with respect to each Buyer Savings Plan.
