Examples of Company Nonqualified Plans in a sentence
SuDs principles have been applied to scheme and are set out in detail in the enclosed Engineering Services Report by Roger Mullarkey & Associates (refer to section 7).
Effective as of the Closing Date, the Company shall take such actions as are necessary and appropriate to fully vest all participants in the amounts credited to their accounts under each of the Company Nonqualified Plans, to the extent not vested as of the Closing Date.
As of the Effective Time, each holder of notional investments in Shares under the Company Nonqualified Plans shall cease to have any rights with respect thereto, except for the right to receive the allocation described in Section 3.8(e).
All notional investments in Shares under the Company Nonqualified Plans (whether vested or unvested), shall, as of the Effective Time, be cancelled and converted into the right of the holder thereof to have allocated to the holder’s account under the Company Nonqualified Plans an amount denominated in cash equal to the product of (i) the Merger Consideration and (ii) the number of Shares deemed invested under or otherwise referenced by such account immediately prior to the Effective Time.
In addition, the Company shall terminate each of the Company Nonqualified Plans in accordance with the requirements of Treas.
In connection with the termination of the Company Nonqualified Plans, each participant entitled to receive a benefit under the Company Nonqualified Plans shall receive full payment of the total value of the amounts credited to their accounts under the Company Nonqualified Plans in a single lump sum cash payment as soon as administratively practicable after the Effective Time (in conjunction with the Surviving Corporation’s regular payroll process).