Crown Savings Plans definition

Crown Savings Plans means collectively,

Examples of Crown Savings Plans in a sentence

  • Effective as of the Closing Date, Constar shall adopt the Constar Savings Plan, which, subject to the asset transfer provided for in Section 3.3(c) below, 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 Savings Plans immediately before the Closing Date.

  • Any outstanding loan balances under any Crown Savings Plans to Active Constar Employees shall be transferred with the underlying accounts.

Related to Crown Savings Plans

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • 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;

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Compensation Plans shall have the meaning set forth in Section 3.11(b).

  • 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.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

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

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

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

  • Old Plans has the meaning set forth in Section 6.8(b).

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

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

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

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

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Pension Plans The meaning specified in Section 4.1(v).

  • Canadian Benefit Plan means any plan, fund, program or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Loan Party has any liability with respect to any of its employees or former employees employed in Canada, and includes any Canadian Pension Plan.

  • Qualified Plan means a Pension Plan that is intended to be tax-qualified under Section 401(a) of the IRC.

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

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

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;