Benefits Arrangement definition

Benefits Arrangement shall have the meaning set forth in Section 2.16(a).
Sample 1
Benefits Arrangement means each material “employee benefit plan” within the meaning of Section 3(3) of ERISA and all other material employee compensation and benefits plans, policies, programs, arrangements or payroll practices, including “multiemployer plans” within the meaning of Section 3(37) of ERISA, and each other material stock purchase, stock option, restricted stock, severance, retention, employment, consulting, change-of-control, collective bargaining, bonus, incentive, deferred compensation, employee loan, fringe benefit and other benefit plan, agreement, program, policy, commitment or other arrangement, whether or not subject to ERISA (including any related funding mechanism now in effect or required in the future), whether formal or informal, in each case in which employees of the Group Companies participate.
Sample 1
Benefits Arrangement has the meaning set forth in Section 3.25.
Sample 1

Examples of Benefits Arrangement in a sentence

  • Applicable Benefits Arrangement has the meaning described in the Private Health Insurance Act.

  • As a result, any actual EV charging during these intervals will be billed at your current rate and will not be adjusted in any future bills if any EV usage data is subsequently received.

  • Initially, the Secretary would only agree to language in the final consent judgment dismissing ERM Benefits Arrangement, but refused to dismiss any of the remaining defendants.

  • Governance Structure The Winnipeg Civic Employees’ Benefits Program is governed by two Boards – The Board of Trustees of The Winnipeg Civic Employees’ Benefits Program (Pension Fund) in respect of the Winnipeg Civic Employees’ Pension Plan and the Winnipeg Civic Employees’ Early Retirement Benefits Arrangement, and The Board of Trustees of The Winnipeg Civic Employees’ Benefits Program (Disability Fund) for the Winnipeg Civic Employees’ Long Term Disability Plan.

  • The Program is comprised of: The Winnipeg Civic Employees’ Pension Plan; The Winnipeg Civic Employees’ Long Term Disability Plan; and The Winnipeg Civic Employees’ Early Retirement Benefits Arrangement.

  • PART C THE WINNIPEG CIVIC EMPLOYEES' EARLY RETIREMENT BENEFITSARRANGEMENT PART C THE WINNIPEG CIVIC EMPLOYEES' EARLY RETIREMENT BENEFITS ARRANGEMENTINTRODUCTIONThe Winnipeg Civic Employees’ Early Retirement Benefits Arrangement (the “Early Retirement Arrangement”) was established effective January 1, 1992 as a result of changes to the Income Tax Act (Canada) that no longer permitted unreduced pension benefits to be paid to retiring employees who did not meet certain age or service requirements.

  • The accrued benefits disclosed for the Plan include the obligations of The Winnipeg Civic Employees’ Long term Disability Planand The Winnipeg Civic Employees’ Early Retirement Benefits Arrangement.

  • Members contribute 6 1/2% of their Canada Pension Plan earnings plus 7 1/2% of any pensionable earnings in excess of Canada Pension Plan earnings to the Program.All Program member contributions and employer contributions, other than those directed to the Winnipeg Civic Employees’ Long Term Disability Plan or the Winnipeg Civic Employees’ Early Retirement Benefits Arrangement, are credited to the Main Account.

  • The Regina Police Civilian Employees' Early Retirement Benefits Arrangement is a defined benefit arrangement augmenting the Regina Police Pension Plan.

  • The Program is governed by two Boards – The Board of Trustees of The Winnipeg Civic Employees’ Benefits Program (Pension Fund) in respect of the Winnipeg Civic Employees’ Pension Plan and the Winnipeg Civic Employees’ Early Retirement Benefits Arrangement and The Board of Trustees of The Winnipeg Civic Employees’ Benefits Program (Disability Fund) for the Winnipeg Civic Employees’ Long Term Disability Plan.


More Definitions of Benefits Arrangement

Benefits Arrangement means any occupational pension scheme, life assurance scheme, death benefit scheme, personal pension scheme, retirement annuity contract, stakeholder pension scheme, sickness or accident benefit scheme or any similar arrangement;
Sample 1

Related to Benefits Arrangement

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Multiple employer welfare arrangement means a “multiple employer welfare arrangement” within the meaning of Section 3(40) of ERISA.

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Severance Plan means any severance plan maintained by the Company that is applicable to the Participant.

  • Employee Benefits Agreement means the Employee Benefits Agreement by and between Parent and SpinCo, which agreement shall be entered into prior to or on the Distribution Date in the form attached hereto as Exhibit A.

  • 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 the aggregate as are payable thereunder prior to a Change in Control;

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Foreign Benefit Arrangement means any employee benefit arrangement mandated by non-U.S. law that is maintained or contributed to by any Credit Party or any of its Subsidiaries.

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;

  • Severance means the complete separation and dismemberment of the part from the body.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Compensation Plans shall have the meaning set forth in Section 3.11(b).

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Continuing care retirement community means a residential

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.