Special Rule for Post Sample Clauses

Special Rule for Post. IPO Matching Contributions and Profit Sharing Contributions. If the Investment Committee determines that legal or contractual restrictions and/or blockage and/or other market considerations would make the Plan's acquisition or sale of Company Stock from or to the public markets illegal, impracticable or inadvisable, the Investment Committee shall direct the Trustee to suspend all future acquisitions of Company Stock in the Company Stock Fund until further notice. Subsequent Matching and Profit Sharing Contributions shall be received in the Company Stock Fund nevertheless, and shall be invested in cash or such other short term investments as the Investment Committee deems appropriate, pending the determination contemplated in the next sentence. The Investment Committee shall promptly determine whether further investments in Company Stock can be safely resumed or if such further investments should be suspended indefinitely. If the Investment Committee directs indefinite suspension, all future Matching and Profit Sharing Contributions made on a Participant's behalf, and all prior contributions then held on the Participant's behalf in cash or short term investments pursuant to this subsection, together with all dividends and other distributions resulting from such investments, shall be allocated to and invested in the same Investment Funds (and in the same proportions) which the Participant has designated under Section 4.5 with respect to his Basic Contributions.
Sample 1
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Special Rule for Post. IPO Matching Contributions and Company Matching Contributions. If the Investment Committee determines that legal or contractual restrictions and/or blockage and/or other market considerations would make the Plan's purchase or sale of Company Stock or the sale of Revlon Stock from or to the public markets illegal, impracticable or inadvisable, the Investment Committee shall direct the Trustee to suspend all future purchase or sale of Company Stock in the Company Stock Matching Contributions Account or sales of Revlon Stock in the Revlon Stock Fund until further notice.
Sample 1

Related to Special Rule for Post

  • Special Rules THE ARBITRATION SHALL BE CONDUCTED IN THE COUNTY OF ANY BORROWER'S DOMICILE AT THE TIME OF THE EXECUTION OF THIS INSTRUMENT, AGREEMENT OR DOCUMENT AND ADMINISTERED BY J.A.M.S. WHO WILL APPOINT AN ARBITRATOR; IF J.A.M.S. IS UNABLE OR LEGALLY PRECLUDED FROM ADMINISTERING THE ARBITRATION, THEN THE AMERICAN ARBITRATION ASSOCIATION WILL SERVE. ALL ARBITRATION HEARINGS WILL BE COMMENCED WITHIN 90 DAYS OF THE DEMAND FOR ARBITRATION; FURTHER, THE ARBITRATOR SHALL ONLY, UPON A SHOWING OF CAUSE, BE PERMITTED TO EXTEND THE COMMENCEMENT OF SUCH HEARING FOR UP TO AN ADDITIONAL 60 DAYS.

  • General Rule Subject to Section 8, any Restricted Stock Units that vest will be paid to Participant (or in the event of Participant’s death, to his or her properly designated beneficiary or estate) in whole Shares. Subject to the provisions of Section 4(b), such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of payment of any Restricted Stock Units payable under this Award Agreement.

  • Transitional Rule Notwithstanding the above requirements and subject to the requirement of Section 9.2, distribution on behalf of any Employee, including a five percent (5%) owner, may be made in accordance with all of the following requirements (regardless of when such distribution commences):

  • Provisions Relating to Dividend Disbursing Agency A. Service Company will, at the expense of Fund, provide a special form of check containing the imprint of any device or other matter desired by Fund. Said checks must, however, be of a form and size convenient for use by Service Company.

  • COMPENSATION OF THE MANAGER BY FUND For all services to be rendered and payments made as provided in Sections 1, 2 and 4 hereof, the Fund will accrue daily and pay the Manager monthly, or at such other intervals as the Fund and Manager may agree, a fee based on the average of the values placed on the net assets of each Series of the Fund as of the time of determination of the net asset value on each trading day throughout the month in accordance with Schedule 1 attached hereto. Net asset value shall be determined pursuant to applicable provisions of the Articles of Incorporation of the Fund. If pursuant to such provisions the determination of net asset value is suspended, then for the purposes of this Section 5 the value of the net assets of the Fund as last determined shall be deemed to be the value of the net assets for each day the suspension continues. The Manager may, at its option, waive all or part of its compensation for such period of time as it deems necessary or appropriate.

  • Special Vesting Rules Notwithstanding Section 1.2 above:

  • Additional Rules An Excess Amount or suspense account described in Part 2 of Article III does not share in the allocation of net income, gain or loss described in this Section 9.11. If the Employer maintains its Plan under a Code Section 401(k) Adoption Agreement, the Employer may specify in its Adoption Agreement alternate valuation provisions authorized by that Adoption Agreement. This Section 9.11 applies solely to the allocation of net income, gain or loss of the Trust. The Advisory Committee will allocate the Employer contributions and Participant forfeitures, if any, in accordance with Article III.

  • General Rules Ownership of Restricted Shares shall not vest in the Recipient, and shall be subject to forfeiture until the conditions of Section 2(b) and (c) or Section 4 are fully satisfied. For purposes of this Agreement, the following concepts shall be defined as follows: (i) the lapse of restrictions on the Recipient's rights with respect to the Restricted Shares granted hereunder shall be referred to as "Vesting"; (ii) the period between the Grant Date and the date of Vesting shall be referred to as the "Vesting Period"; and (iii) the date Vesting occurs shall be referred to as the "Vesting Date."

  • Transitional Rules 1. Any living Participant not receiving benefits on August 23, 1984, who would otherwise not receive the benefits prescribed by the previous subsections of this Section 6.05 must be given the opportunity to elect to have the prior subsections of this Section apply if such Participant is credited with at least one Hour of Service under this Plan or a predecessor plan in a Plan Year beginning on or after January 1, 1976, and such Participant had at least 10 Years of Vesting Service when he or she separated from service.

  • Change in Control Provisions Notwithstanding anything to the contrary in these Terms and Conditions, the following provisions shall apply to all Stock Units granted under the attached Award Agreement.

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