D&B Nonqualified Plans definition

D&B Nonqualified Plans shall have the meaning as set forth in Section 4.1 of this Agreement.
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Examples of D&B Nonqualified Plans in a sentence

  • Solely with respect to the noncompetition clauses of the D&B Nonqualified Plans, D&B hereby consents to the employment of the Cognizant and ACNielsen Nonqualified Plan Participants by the Cognizant Group or the ACNielsen Group (as the case may be) after the Effective Time, whether or not such employment would otherwise trigger such noncompetition clauses.

  • The ACNielsen Group agrees that, in the event the D&B Group is unable to satisfy its obligations in respect of the benefits of any ACNielsen Employee that have accrued under the D&B Nonqualified Plans prior to the Effective Time, the ACNielsen Group shall make payment when due with respect to such obligations of the D&B Group.

  • The Cognizant Group agrees that, in the event the D&B Group is unable to satisfy its obligations in respect of the benefits of any Cognizant Employee that have accrued under the D&B Nonqualified Plans prior to the Effective Time, the Cognizant Group shall make payment when due with respect to such obligations of the D&B Group.

  • Solely with respect to determining the level of benefits payable under the D&B Nonqualified Plans, Cognizant and ACNielsen shall have the authority to consent to the termination of employment prior to age 60 of a Cognizant or ACNielsen Nonqualified Plan Participant from the Cognizant Group or the ACNielsen Group (as the case may be).

  • Benefits under the D&B Nonqualified Plans shall not become payable to a Cognizant or ACNielsen Nonqualified Plan Participant until such participant terminates employment from the Cognizant Group or the ACNielsen Group (as the case may be).

  • Cognizant Employees and ACNielsen Employees who were participants in the D&B Nonqualified Plans immediately prior to the Effective Time (the "Cognizant and ACNielsen Nonqualified Plan Participants") shall continue to receive service credit under such plans for their service with the Cognizant Group or the ACNielsen Group (as the case may be) from and after the Effective Time, but solely for purposes of satisfying the one-year waiting requirement for a valid election under the D&B Nonqualified Plans.

  • Plans immediately prior to the Effective Time (the "Cognizant and ACNielsen Nonqualified Plan Participants") shall continue to receive service credit under such plans for their service with the Cognizant Group or the ACNielsen Group (as the case may be) from and after the Effective Time, but solely for purposes of satisfying the one-year waiting requirement for a valid election under the D&B Nonqualified Plans.

  • Benefits under the D&B Nonqualified Plans shall not become payable to a Cognizant or ACNielsen Nonqualified Plan Participant until such 21 participant terminates employment from the Cognizant Group or the ACNielsen Group (as the case may be).

Related to D&B Nonqualified Plans

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

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

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.