Corporation Retirees definition

Corporation Retirees means persons who (i) were Corporation Employees, (ii) terminated employment from the Corporation Group prior to the Effective Time and (iii) are not New D&B Employees or Moody's Employees after the Effective Time.
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Corporation Retirees means persons who (i) were Corporation Pre-Distribution Employees, (ii) terminated employment from the Corporation Group prior to the Effective Time or, with respect to Corporate Staff Employees, terminated employment prior to or as a result of the Distribution, (iii) are not IMS Health Employees or IMS Health Transitional Employees after the Effective Time and (iv) would have been Corporation Post-Distribution Employees had they remained employed, after the Distribution, by the same employer from which they terminated employment or were Corporate Staff Employees; but shall not include any person on Schedule 1.1.
Sample 1Sample 2
Corporation Retirees means persons who (i) were Corporation Pre-Distribution Employees, (ii) terminated employment from the Corporation Group prior to the Effective Time or, with respect to Corporate Staff Employees, terminated employment prior to or as a result of the Distribution, (iii) are not IMS Health Employees or IMS Health Transitional Employees after the Effective Time and (iv) would have been Corporation Post-Distribution Employees had they remained employed, after the Distribution, by the same employer from which they terminated employment or were Corporate Staff Employees.
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Examples of Corporation Retirees in a sentence

  • The Corporation Group shall be responsible for providing retiree welfare benefits, where applicable, to Corporation Retirees and Corporation Post-Distribution Employees.

  • The IMS Health Group shall assume all Liabilities with respect to awards granted to IMS Health Employees, IMS Health Retirees, Corporation Retirees and IMS Health Disabled Employees pursuant to the IMS Health Replacement Option Plan.

  • From and after the Effective Time, New D&B shall sponsor its Employee Benefit Welfare Plans for the benefit of New D&B Employees, Corporation Retirees, New D&B Disabled Employees and DonTech Retirees who participated in the Corporation Employee Benefit Welfare Plans immediately prior to the Effective Time.

  • The New D&B Group shall be responsible for and pay expenses and benefits relating to all Employee Benefit Welfare Plan claims (i) incurred prior to the Effective Time by Corporation Employees, Moody's Disabled Employees and their covered dependents (other than claims incurred by Moody's Disabled Employees under the Corporation Long-Term Disability Plans) and (ii) incurred by New D&B Employees and Corporation Retirees as well as their covered dependents from and after the Effective Time.

  • Except as provided in Section 5.4 and Section 5.5 below, from and after the Effective Time, Corporation shall sponsor its Employee Benefit Welfare Plans solely for the benefit of Corporation Post-Distribution Employees, Corporation Disabled Employees and Corporation Retirees.

  • From and after the Effective Time, New D&B shall sponsor its Employee Benefit Welfare Plans for the benefit of New D&B Employees and Corporation Retirees who participated in the Corporation Employee Benefit Welfare Plans immediately prior to the Effective Time.

  • The Corporation Group shall retain all Liabilities with respect to severance payments made or to be made to Corporation Retirees including any liabilities for severance payments under the Corporation Transition Plans.

  • The New D&B Group shall assume all Liabilities with respect to awards granted to New D&B Employees, Corporation Retirees, RHD Disabled Employees and New D&B Disabled Employees pursuant to the New D&B Replacement Option Plan.

  • As of the Effective Time, (i) each unexercised Corporation Stock Option held by Corporation Retirees, RHD Disabled Employees and New D&B Disabled Employees shall be adjusted in substantially the same manner as employees of the RHD Group and (ii) New D&B shall offer to such Corporation Retirees alternative adjustments or substitutions provided such retirees agree to surrender their adjusted Corporation Stock Options.

  • The New D&B Group shall be responsible for providing retiree welfare benefits, where applicable, to Corporation Retirees and New D&B Employees.


More Definitions of Corporation Retirees

Corporation Retirees means persons who (i) were Corporation Pre-Distribution Employees, (ii) terminated employment from the Corporation Group prior to the Effective Time, (iii) are not IMS Health Employees after the Effective Time and (iv) would have been Corporation Post-Distribution Employees had they remained employed, after the Distribution, by the same employer from which they terminated employment.
Sample 1

Related to Corporation Retirees

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • 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.

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Foreign nonprofit corporation means an entity:

  • Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).

  • Corporation Group means the Corporation, its affiliate, successors and permitted

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • 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.

  • 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;

  • Eligible Corporation means any domestic C corporation (as defined in section 1361(a)(2) of the Code) other than a corporation which is exempt from, or is not subject to, tax under section 11 of the Code, an entity described in section 851(a) or 856(a) of the Code, a REMIC; or an organization to which part I, subchapter T, chapter 1, subtitle A of the Code applies. The Term "Related Person" means any person that bears a relationship to the Transferee enumerated in section 267(b) or 707(b)(1) of the Code, using "20 percent" instead of "50 percent" where it appears under the provisions; or is under common control (within the meaning of section 52(a) and (b) of the Code) with the Transferee.

  • Health benefits plan means a benefits plan which pays or

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Public employees retirement system means the retirement plan and program

  • Disability retirement for plan 1 members, means the period

  • Continuing care retirement community means a residential

  • Health care corporation means a health care corporation incorporated under the nonprofit health care corporation reform act, 1980 PA 350, MCL 550.1101 to 550.1704.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Residence employee means a person employed by you to perform duties in connection with the maintenance or use of the insured premises. This includes persons who perform household or domestic services or duties of a similar nature for you. This does not include persons while performing duties in connection with your business.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • 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 plan or "health benefit plan" means any policy,

  • Retiree means any person who has begun accruing a retirement

  • Eligible Retirement Plan means an individual retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the Distributee's Eligible Rollover Distribution. However, in the case of an Eligible Rollover Distribution to the surviving Spouse, an Eligible Retirement Plan is an individual retirement account or individual retirement annuity.

  • Approved Retirement means any voluntary termination of employment that occurs on or after the date on which the sum of your age and years of employment with Deluxe and/or its Affiliates equals at least seventy-five (75) and that is approved by the Compensation Committee of the Board.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Dental plan means any dental insurance policy, including those of nonprofit health service plans, and those of commercial group, blanket, and individual policies, any subscriber contracts issued by Health Maintenance Organizations (HMOs), and any other established programs under which the insured may make a claim. The term Dental Plan includes coverage under a governmental plan, or coverage required to be provided by law. This does not include a State plan under Medicaid (Title XIX, Grants to States for Medical Assistance Programs, of the United States Social Security Act, as amended from time to time.)