Benefit Options definition

Benefit Options means those Qualified Benefits available to a Participant under this Plan as set forth in the Adoption Agreement.
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Benefit Options means the various Fund options referred to in Annexure A of these Rules;
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Benefit Options means any of the optional benefit choices selected by Employer as being available to its Employees, as described in the Adoption Agreement, SPD, the Employer’s employee handbook, enrollment materials, or other documents describing which Benefit Options are available under the Plan.
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Examples of Benefit Options in a sentence

  • Pre-selected Death Benefit Options are effective only after being recorded by the Company.

  • If the employee has any surplus Flexible Benefit Account credits after making all elections required to participate in the health insurance, the employee can use that surplus toward the Flexible Benefit Options listed in the Flexible Benefit Options Exhibit.

  • Pre-selected Death Benefit Options will take effect on the date the request is signed by You, subject to any payments the Company has made or other actions the Company has taken before the Company received Your request.

  • The foregoing provisions of this Article describe the procedures for claiming the entitlements offered under this Plan, that is, salary reduction to enable Participants to pay their cost of Benefit Options with pre-tax income.

  • The Employer has the right to amend the Plan at any time to the extent that it may deem advisable, including the right to amend any of the Benefit Options or to transfer any Benefit Option(s) from the Plan into a separate, related plan.

  • Such rights to continuation of coverage shall be governed by the terms of such Benefit Option(s) and by applicable law.

  • A Participant’s rights to pay for Benefit Options under the Plan with pre-tax compensation shall not be assignable or subject to attachment or receivership, nor shall they pass to any trustee in bankruptcy or be reached or applied by any legal process for the payment of any obligations of the Participant.

  • If an initial Participation Agreement is required by the Plan Administrator, an Eligible Employee who files a properly completed and executed Participation Agreement with the Plan Administrator shall have elected to participate in the Plan and to reduce his compensation by the amount necessary to provide the elected Benefit Option(s).

  • Notwithstanding any other provision of this Plan, the Employer may maintain and offer to its Eligible Employees the opportunity to obtain coverage under any employee benefit plan, including, without limitation, Benefit Options, pursuant to the Eligible Employee’s agreement to pay for such coverage with after-tax employee contributions.

  • The Employer shall contribute to the cost of the Benefit Option(s) provided under the Plan to the extent of, and pursuant to, each Participant’s Participation Agreement.


More Definitions of Benefit Options

Benefit Options means any of the optional benefit choices available to a Participant as outlined in Section 4.1.
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Benefit Options means those Qualified Benefits available to a Participant under this Plan as set forth in the Plan Information Summary.
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Related to Benefit Options

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • Company Stock Option Plans means the Company's Amended and Restated 1996 Stock Option Plan and 1998 Stock Purchase Plan.

  • Company Stock Options means all options to acquire shares of Company Common Stock from the Company, whether granted pursuant to the Company Stock Plans or otherwise.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.19(a).

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.