Examples of Covered Plans in a sentence
With respect to any benefits provided to Employee hereunder which may be subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (the "Covered Plans"), and notwithstanding Section 6.07(b) above, the adjudication of any claims under the Covered Plans shall be administered in accordance with the terms and conditions of such Covered Plan.
Except as provided in Article 3 or in Article 6, Nordson shall not have any right or power to direct the Trustee to return to Nordson or to divert to others any of the Trust assets before all payments that may become payable to any and all Participants under the Covered Plans (as defined in Section 15.4) have been made to Participants.
The Trustee shall not be liable to any Participant for any insufficiency of the Trust property to discharge all benefits due the same under the Covered Plans; rather, the liability for all such benefits shall be and remain the primary and ultimate responsibility of Nordson.
Except as provided in Article 3 or in Article 6, Key shall not have any right or power to direct the Trustee to return to Key or to divert to others any of the Trust assets before all payments that may become payable to any and all Participants under the Covered Plans have been made to Participants.
With respect to any benefits ---------------------------- provided to Employee hereunder which may be subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (the "Covered Plans"), and notwithstanding Section 6.07(b) above, the adjudication of any claims under the Covered Plans shall be administered in accordance with the terms and conditions of such Covered Plan.
The awards, benefits and payments contemplated under the Covered Plans shall be funded only in accordance with the provisions of the applicable Covered Plan until a Change of Control.
U.S. - ERISA Covered Plans: US$250 Annual Limit In accordance with guidance from the U.S. Department of Labor, the annual limit on gifts and business entertainment provided to an ERISA plan fiduciary representative (including plan advisers serving in a fiduciary capacity) is US$250.
The Trustee shall not be liable to any Participant for any insufficiency of the Trust property to discharge all benefits due the same under the Covered Plans; rather, the liability for all such benefits shall be and remain the primary and ultimate responsibility of Oglebay.
Except as provided in Article 3 or Article 6, Oglebay shall not have any right or power to direct the Trustee to return to Oglebay or to divert to others any of the Trust assets before all payments that may become payable to any and all Participants under the Covered Plans (as defined in Section 15.5) have been made to Participants.
From time to time after the first Change of Control occurring after the execution of this Trust Agreement, if and when requested by Oglebay to do so, the Trustee shall engage the services of the Accounting Firm, at the expense of Oglebay, to determine the maximum future benefit amounts that could become payable with respect to any one or more Participants under all of the Covered Plans, using the assumptions and methodology described in Exhibit B.