Examples of Agilent Master Trust in a sentence
As of the Distribution Date (or such other times as agreed to by the parties), Agilent shall cause the Agilent Retirement Plan to assume Liabilities under the Keysight Retirement Plan for Returning Agilent Employees and the Agilent Master Trust to accept Assets with respect to such assumed Liabilities and the Keysight Master Trust shall transfer such Assets to the Agilent Master Trust and the Keysight Retirement Plan shall be relieved of such Liabilities.
Whilst not an area for improvement per se, several agencies raised questions about promoting standards to staff and partners.
On or following the Distribution Date for Returning Agilent Employees (or such times as mutually agreed to by the parties), Keysight shall cause the trustee of the Keysight DPSP to transfer from the Keysight Master Trust to the Agilent Master Trust, the account balances of such persons under the Keysight DPSP, determined as of the date of the transfer.
As of the Operational Separation Date, Keysight shall cause the Keysight Retirement Plan to assume all Liabilities under the Agilent Retirement Plan for Keysight Group Employees and the Keysight Master Trust to accept Assets with respect to such assumed Liabilities and the Agilent Master Trust shall transfer such Assets to the Keysight Master Trust and the Agilent Retirement Plan shall be relieved of such Liabilities.
The parties agree that to the extent necessary to effectuate the provisions of this Section 5.01, there may be additional transfers of assets between the Agilent Master Trust and Keysight Master Trust on such dates as agreed to by the parties.
On the Operational Separation Date for Keysight Group Employees or the Distribution Date for any Subsequently Transferred Keysight Employees (or such other times as mutually agreed to by the parties), Agilent shall cause the trustee of the Agilent DPSP to transfer from the Agilent Master Trust to the Keysight Master Trust, the account balances of such persons under the Agilent DPSP, determined as of the date of the transfer.
The assets shall remain in the Group Trust until such later date or dates that one or both of the HP RP and the Agilent RP request to transfer from the Group Trust of some or all of their pro rata shares of such Group Trust assets to the respective HP Master Trust and Agilent Master Trust.
Effective as of the Distribution Date, ------------------------ the HP Master Trust and the Agilent Master Trust each shall own a pro rata share of the portion of the assets of the Group Trust attributable to the HP DPSP and the Agilent DPSP as described in Subsection 4.2(e) below.
Effective as of the Distribution Date, -------------------- Agilent shall establish, or cause to be established, a separate master trust which is intended to be qualified under Code Section 401(a) and exempt from taxation under Code Section 501(a)(1) (the "Agilent Master Trust"), to hold the assets of the Agilent RP and the Agilent DPSP.
The assets shall remain in the Group Trust until such later date or dates that one or both of the HP DPSP and Agilent DPSP request a transfer from the Group Trust of some or all of their pro rata shares of such Group Trust assets to the respective HP Master Trust and Agilent Master Trust.