The Pension Plan Sample Clauses

The Pension Plan. Employees may choose to participate in the Queen's Pension Plan after a period of two continuous years of employment if they have earned 35% of the YMPE (Canada Pension Plan annual maximum pensionable earnings or worked at least 700 hours in each of two consecutive years).
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The Pension Plan. The parties agree that the pension plan for Members of the Bargaining Unit is the Retirement Plan for the Staff of Laurentian University of Sudbury and its Federated and Affiliated Colleges (1975), hereinafter called the Plan. The parties further agree that both the Employer and Members shall continue to be bound by the modified terms and conditions of the Plan if such terms and conditions are modified by the Principal Employer (Laurentian University of Sudbury). Should the Plan contradict any terms and conditions stated within this Article, then the terms and conditions of the Plan shall prevail and the contradictory provisions of this Article shall be null and void.
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The Pension Plan. The Standard Products Disability Phi This would run until age or until no longer RETIREMENT BENEFIT PLAN as the clay Xxxxx XXXXXX STANDARD AUTOMOTIVE CANADA LIMITED A company under the laws of the Province of Ontario, with Head Office at the City of Stratford YO AS United Steelworkers of America affiliated with the and the (HEREINAFTER OR Retirement Benefits Index Article INTERPRETATIONS Article FINANCING Article CREDITED SERVICE Article V Article VI ELIGIBILITY Article GENERAL PROVISIONS Article MODIFICATION AND This Retirement Benefit Plan agreement is made and entered into as of the first day of January, between the Company and the Union. The Canada herein Automotive with respect to its bargaining unit at Plant Mitchell, Ontario. Union herein the International Union or the Union of the United Steelworkers of America. The Benefit Agrement was effective January November November April I, further amended April as set forth herein. All benefits accrued under the Retirement Plan Agreement all rights acquired employees up to April remain unaffect- ed except as improved the of the Retirement Benefit Agreement as amended herein. ARTICLE PURPOSE This Benefit (hereinafter referred to as the Agreement) is hereby established for the purpose of providing pension benetits, as described herein, subject to obtaining retaining such approval of the Retirement Benefit Plan the relevant tax authorities as Company deem necessary to establish that the Company is enti- tled to deduct the of its contributions to the pension fund as an expense before taxes under the provisions of the Act, or any other applicable now in effect or as amended or adopted. The Benefit Plan Agreement dated applies without or amendment with respect to all benefits attrib- utable to service prior to January of such including, not to, the relating to eligibility for ben- efits, amount of benefits, and of payment of benefits shall and control payment of all benefits attributable to service prior to January I, under such agreement, former employees who have acquired right to a deferred vested pension under such Agreement are employees, as defined in this Agreement, on January Subject to the provisions of this Agreement, the Company shall
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The Pension Plan. 23.01 Employees who become eligible for pension plan participation and who elect or are required to participate in a pension plan, may participate in either the Canadian Blood Services Defined Benefit Pension Plan or the Canadian Blood Services Defined Contribution Plan, in accordance with the provisions of the plan selected by the Employee.
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The Pension Plan. The Company will take such action as may be ---------------- appropriate to amend the Pension Plan and obtain the approval of the U.S. Treasury Department, for the purpose of effecting the following changes to the Pension Plan:
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The Pension Plan. 29.1.1 The Parties agree to continue the Xxxxxxx Xxxxxxx University Pension Plan, in effect and as revised and restated on1 January 2007, or as the same may be amended by the Board from time to time during the term of this Agreement. Any amendment to the Plan during the term of this Agreement shall be subject to the agreement of the Association. For the purposes of any dispute arising under Article 29, the terms and conditions of the Pension Plan shall be those described in the copy of the Plan filed with the Pension Commission.
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Related to The Pension Plan

  • Employee Pension Benefit Plans Except as disclosed in ------------------------------ Schedule 3.14, the Company does not maintain or contribute to any arrangement ------------- that is or may be an "employee pension benefit plan" relating to employees, as such term is defined in Section 3(2) of ERISA. With respect to each such plan: (i) the plan is qualified under Section 401(a) of the Code, and any trust through which the plan is funded meets the requirements to be exempt from federal income tax under Section 501(a) of the Code; (ii) the plan is in material compliance with ERISA; (iii) the plan has been administered in accordance with its governing documents as modified by applicable law; (iv) the plan has not suffered an "accumulated funding deficiency" as defined in Section 412(a) of the Code; (v) the plan has not engaged in, nor has any fiduciary with respect to the plan engaged in, any "prohibited transaction" as defined in Section 406 of ERISA or Section 4975 of the Code other than a transaction subject to statutory or administrative exemption; (vi) the plan has not been subject to a "reportable event" (as defined in Section 4043(b) of ERISA), the reporting of which has not been waived by regulation of the Pension Benefit Guaranty Corporation; (vii) no termination or partial termination of the plan has occurred within the meaning of Section 411(d)(3) of the Code; (viii) all contributions required to be made to the plan or under any applicable collective bargaining agreement have been made to or on behalf of the plan; (ix) there is no material litigation, arbitration or disputed claim outstanding; and (x) all applicable premiums due to the Pension Benefit Guaranty Corporation for plan termination insurance have been paid in full on a timely basis.

  • No Pension Plans Neither the Company nor any current or past ERISA Affiliate has ever maintained, established, sponsored, participated in, or contributed to, any Pension Plans subject to Title IV of ERISA or Section 412 of the Code.

  • Welfare, Pension and Incentive Benefit Plans During the Employment Period, the Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time to time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, the Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time to time by the Company for the benefit of its senior executives.

  • Canadian Pension Plans The Loan Parties shall not (a) contribute to or assume an obligation to contribute to any Canadian Defined Benefit Plan, without the prior written consent of the Administrative Agent, or (b) acquire an interest in any Person if such Person sponsors, administers, maintains or contributes to or has any liability in respect of any Canadian Defined Benefit Plan, or at any time in the five-year period preceding such acquisition has sponsored, administered, maintained, or contributed to a Canadian Defined Benefit Plan, without the prior written consent of the Administrative Agent.

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Pension Plan 15.01 The CLAC Pension Plan (“the Plan”), a defined contribution pension plan, is registered with the Canada Revenue Agency. The Plan applies to all employees covered by this Agreement.

  • Pension Plans Any of the following events shall occur with respect to any Pension Plan:

  • ERISA; Benefit Plans Schedule 2.25 accurately (i) lists each ERISA Pension Benefit Plan (A)(1) the funding requirements of which (under Section 301 of ERISA or Section 412 of the Code) are, or at any time during the six-year period ending on the date hereof were, in whole or in part, the responsibility of the Company or any Company Subsidiary or (2) respecting which the Company or any Company Subsidiary is, or at any time during that period was, a "contributing sponsor" or an "employer" as defined in Sections 4001(a)(13) and 3(5), respectively, of ERISA (each plan described in this clause (A) being a "Company ERISA Pension Plan"), (B) each other ERISA Pension Benefit Plan respecting which an ERISA Affiliate is, or at any time during that period was, such a "contributing sponsor" or "employer" (each plan described in this clause (B) being an "ERISA Affiliate Pension Plan") and (C) each other ERISA Employee Benefit Plan that is being, or at any time during that period was, sponsored, maintained or contributed to by the Company or any Company Subsidiary (each plan described in this clause (C) and each Company ERISA Pension Plan being a "Company ERISA Benefit Plan"), (ii) states the termination date of each Company ERISA Benefit Plan and ERISA Affiliate Pension Plan that has been terminated and (iii) identifies for each ERISA Affiliate Pension Plan the relevant ERISA Affiliates. The Company has provided ARS with (i) true, complete and correct copies of (A) each Company ERISA Benefit Plan and ERISA Affiliate Pension Plan, (B) each trust agreement related thereto and (C) all amendments to those plans and trust agreements. Except as accurately set forth in Schedule 2.25, (i) neither the Company nor any Company Subsidiary is, or at any time during the six-year period ended on the date hereof was, a member of any ERISA Group that currently includes, or included when the Company or a Company Subsidiary was a member, among its members any Person other than the Company and the Company Subsidiaries and (ii) no Person is an ERISA Affiliate of the Company or any Company Subsidiary (other than the Company or any Company Subsidiary in the case of any other Company Subsidiary or any Company Subsidiary in the case of the Company, if the Company and the Company Subsidiaries comprise an ERISA Group).

  • Termination of Pension Plans The Company will not, and will not permit any Consolidated Subsidiary to, withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

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