Savings and Retirement Plan. The Executive shall be entitled to participate in all savings and retirement plans or programs generally applicable to other executive officers of the Company.
Savings and Retirement Plan. (a) Effective as of the Closing Date, Limited Brands shall amend each of the tax-qualified defined contribution plans in which Covered Employees participate (the “Seller Savings Plans”) to cause the active participation of each Covered Employee in the Seller Savings Plans to cease as of the Closing Date.
Savings and Retirement Plan. Section 10.04(a) of the Purchase Agreement is hereby deleted in its entirety and replaced with the following: “Effective as of the Closing Date, Limited Brands shall amend each of the tax-qualified defined contribution plans in which Covered Employees participate (the “Seller Savings Plans”) to cause the active participation of each Covered Employee in the Seller Savings Plans to cease as of the end of the payroll period in which the Closing Date occurs.”
Savings and Retirement Plan. The Executive shall additionally receive an annual gross amount in order to subscribe to a pension plan. This annual gross amount is calculated on base wage (as defined in Clause 6.1 above) and shall determined in accordance with the schedule below and paid quarterly. Age Age-Based Percent Years of Service Service-Based Percent 34 & under 0% 0-9 2% 35-39 1% 10-14 3% 40-44 2% 15-19 4% 45-49 3% 20-24 5% 50-54 4% 25-29 6% 55-59 6% 30-34 7% 60 & over 8% 35 & over 8%
Savings and Retirement Plan. Subject to restrictions under applicable law and any changes therein that may from time to time be elected by either Tenant (prior to the consummation of the VICI Sale-Leaseback Transaction) or Casino Subtenant (following the consummation of the VICI Sale-Leaseback Transaction), or the Casino Manager/Operator, employees of the Development will be given the opportunity to participate in either a Tenant (prior to the consummation of the VICI Sale-Leaseback Transaction) or Casino Subtenant (following the consummation of the VICI Sale-Leaseback Transaction) savings and retirement plan (the "JCC S&RP") that is no less favorable than the savings and retirement plan of any Affiliate of either Tenant (prior to the consummation of the VICI Sale-Leaseback Transaction) or Casino Subtenant (following the consummation of the VICI Sale-Leaseback Transaction) (the "Affiliate's S&RP"), as thereafter substituted or amended, or if HNOMC or an affiliate of CEC shall no longer be the Casino Manager/Operator and a successor Casino Manager/Operator shall have been approved by the City and Landlord, no less favorable than any savings and retirement plan of such successor Casino Manager/Operator as may be approved by the City and Landlord. Changes or modifications to the JCC S&RP shall not be a default under this Lease or in any way actionable by the City or Landlord so long as such modified JCC S&RP is (i) no less favorable than the Affiliate's S&RP or any approved savings and retirement plan of any approved successor Casino Manager/Operator, as the case may be, and (ii) not discriminatory against employees of either Tenant (prior to the consummation of the VICI Sale-Leaseback Transaction) or Casino Subtenant (following the consummation of the VICI Sale-Leaseback Transaction).
Savings and Retirement Plan. Employee will be entitled to participate in Employer’s 401(k) Savings and Retirement Plan, applicable to employees of Employer generally.
Savings and Retirement Plan. Participation in all savings, pension and retirement plans and programs of the Company generally available to other executives of the Company as in effect from time to time;
Savings and Retirement Plan. (As Amended and Restated Effective as of January 1, 2015) TABLE OF CONTENTS Page SECTION 1 GENERAL 1 1.1 History and Effective Date 1 1.2 Related Companies and Employers 1
Savings and Retirement Plan. (As Amended and Restated Effective as of January 1, 2015) SECTION 1
Savings and Retirement Plan. (a) On or prior to the Closing Date or as soon as practicable thereafter, The Limited shall cause the trustee of The Limited Savings and Retirement Plan (the "Savings and Retirement Plan") to segregate the assets of such Savings and Retirement Plan representing the full account balances of the Company Employees as of the Closing Date, make any and all filings and submissions to the appropriate governmental agencies arising in connection with such segregation of assets and make all necessary amendments to such Savings and Retirement Plan and related trust agreement to provide for such segregation of assets and the transfer of assets as described below. The manner in which the account balances of the Company Employees under the Savings and Retirement Plan are transferred shall not be affected by such segregation of assets. The Limited shall cause each Company Employee who is a participant in the Savings and Retirement Plan to be 100% vested in his or her account balances thereunder effective as of the Closing Date.
