Common use of Savings Plan (401k) Clause in Contracts

Savings Plan (401k). 24.1 Regular full-time and regular part-time employees hired prior to June 1, 2011, who do not or cannot exercise the option described in Article 22, Section 22.5, shall be eligible to participate in the Company 401(k) Savings Plan (the “401(k) Plan”), without a Company match, in accordance with the terms of the 401(k) Plan. Under the terms of prior collective bargaining agreements, in 2005 the following current employees (as of May 16, 2011) qualified for and received a 401(k) Company match “buy-out” in the form of a one-time contribution of $1500.00 to their 401(k) accounts: Xxxxxxxx, Xxxxx X Xxxxxxxxx, Xxxxxx X Xxxxxxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx X Xxxxx, Xxxx Xxxxxxxx, Xxxxx X Xxxxxx, Xxxx X Xxxxxxx, Xxxxxxx X Xxx, Xxxx X Xxxxxxxx, Xxxxx X Xxxxxxxxxx, Xxxxx X Xxxxx, Xxxxxxx X Xxxxxx, Xxxxxxx X Xxxxx, Xxxxx X Xxxxxxx, Xxxxxx X Xxxxxxxx, Xxxxxx J

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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Savings Plan (401k). 24.1 Regular full-time and regular part-time employees hired prior to June 1, 2011, who do not or cannot exercise the option described in Article 22, Section 22.5, shall be eligible to participate in the Company 401(k) Savings Plan (the “401(k) Plan”), without a Company match, in accordance with the terms of the 401(k) Plan. Under the terms of prior collective bargaining agreements, in 2005 the following current employees (as of May 16, 2011) qualified for and received a 401(k) Company match “buy-out” in the form of a one-time contribution of $1500.00 to their 401(k) accounts: Xxxxxxxx, Xxxxx X Xxxxxxxxx, Xxxxxx X Xxxxxxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx X Xxxxx, Xxxx Xxxxxxxx, Xxxxx X Xxxxxx, Xxxx X Xxxxxxx, Xxxxxxx X Xxx, Xxxx X Xxxxxxxx, Xxxxx X Xxxxxxxxxx, Xxxxx X Xxxxx, Xxxxxxx X Xxxxxx, Xxxxxxx X Xxxxx, Xxxxx X Xxxxxxx, Xxxxxx X Xxxxxxxx, Xxxxxx JX

Appears in 1 contract

Samples: Agreement

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