CIC Plans definition

CIC Plans has the meaning set forth in Section 6.4(b).
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CIC Plans means this Plan and The Ultimate Software Group, Inc. Amended and Restated Change in Control Bonus Plan for Officers and Employees.
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Examples of CIC Plans in a sentence

  • A Participant who elects lump sum payments of all his or her nonqualified benefits under the CIC Plans is entitled to have his or her benefits paid as a lump sum calculated under the terms of the applicable CIC Plan.

  • An Executive who elects lump sum payments of all his or her nonqualified benefits under the Northrop Grumman Corporation Change-In-Control Severance Plan (effective August 1, 1996, as amended) or the Northrop Grumman Corporation March 2000 Change-In-Control Severance Plan (collectively, the "CIC Plans") is entitled to have his or her Executive Pension Supplement paid as a lump sum calculated under the terms of the applicable CIC Plan.

  • Copies of both amendments to the CIC Plans are included in the plan documents that are available to employees.

  • Parent shall have exclusive responsibility for all severance obligations, including post-termination benefits, if any, and obligations under the Guidant CIC Plans, to those Business Employees, including Deferred Employees, required to receive but declining Buyer's (or its Affiliate's) offer of employment.

  • Parent shall not, and shall cause the Surviving Corporation not to, terminate the CIC Plans or amend them in any manner without the consent of the affected current or former officer, director or employee for a period of no less than one (1) year immediately following the Effective Time.

  • The aggregate amount of payments to Participants (including any “280G gross-up payment” under Schedule A hereto) that may be made under the CIC Plans shall not exceed six percent (6%) of the Sales Proceeds.

  • Employees who are otherwise eligible under Dynegy’s CIC Plans and are on sick leave at the time of their severance remain entitled to severance benefits under those plans in accordance with the terms of those plans.

  • In order to effectively apply the concept of sustainable development into our operations, the Group integrates our ESG strategies into its daily business operations and to elevate sustainable development to the level of corporate strategy, which are regularly subject to review by senior management.

  • This handbook has been produced by the People Directorate’s BCRR Team for use by Heads and Governing Bodies in the development of their CIC Plans.

  • Prior to the Closing Date, Parent shall cause to be transferred to employment with an Affiliate which is a participating employer under the Guidant CIC Plans any Deferred Employee or Excluded Employee who is employed by a Transferred Subsidiary.

Related to CIC Plans

  • New Plans has the meaning set forth in Section 5.5(b).

  • Old Plans shall have the meaning set forth in Section 5.11(b).

  • Company Plans shall have the meaning set forth in Section 3.14(a).

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Compensation Plans shall have the meaning set forth in Section 3.8(b).

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Company Equity Plans means (i) the Company’s 2014 Equity Incentive Plan as amended and restated from time to time, (ii) the Company’s 2004 Equity Incentive Plan, as amended and restated from time to time and (iii) the Inference Technologies Group Inc. 2018 Equity Incentive Plan, as amended and restated from time to time.

  • 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;

  • Company Equity Awards means the Company RSU Awards and the Company PSU Awards.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Employee Plans means all Benefit Arrangements, Multiemployer Plans, Pension Plans and Welfare Plans.

  • Health Plans means any and all individual and family health and hospitalization insurance and/or self-insurance plans, medical reimbursement plans, prescription drug plans, dental plans and other health and/or wellness plans.

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Qualified Plans has the meaning set forth in Section 5.20.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).