Crown Pension Plans definition

Crown Pension Plans means collectively, a) the Crown Salaried Pension Plan; b) the Crown Hourly Pension Plan; and c) the Crown Hourly Pension Plan for Constar Employees.
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Crown Pension Plans means collectively, a) the Crown Salaried Pension Plan; b) the Crown Hourly Pension Plan; and c) the Crown Hourly Pension Plan for Constar Employees. 2. “Crown Savings Plans” means collectively, a) the Crown 401(k) Retirement Savings Plan; and b) the Crown Thrift Plan. Part 2—Constar Retirement Plans 1. “Constar Pension Plans” means collectively, a) the Constar Salaried Pension Plan; and b) the Constar Hourly Pension Plan. 2. “Constar Savings Plan” means, a) the Constar 401(k) Retirement Savings Plan.
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Examples of Crown Pension Plans in a sentence

  • Following the Closing Date, and notwithstanding Section 2.2, the Crown Pension Plans shall retain all liabilities and assets related to Active Constar Employees and Former Constar Employees earned prior to the Closing Date.

  • Except as specifically provided in this Section 3.2(c), effective as of the Closing Date, the Active Constar Employees shall cease to accrue benefits under the Crown Pension Plans.

  • Effective as of the Closing Date, Constar shall adopt the Constar Pension Plans, which shall provide benefits with respect to Active Constar Employees, their Beneficiaries and their respective alternate payees immediately after the Closing Date that are at least substantially equivalent in all Material Features to those provided under the Crown Pension Plans immediately before the Closing Date.