Examples of Designated Group in a sentence
Credited Service shall have the same meaning as defined in the Westinghouse Pension Plan, provided for purposes of the Plan it shall also include such service with a Designated Entity or Designated Group; but it shall not include any "deemed" service which may be awarded under a special retirement window or similar arrangements.
Designated Group means a group of employees that has been and is still both defined and designated by the Managers as participating in the Plan.
The Qualified Plan Benefit does not include any early pension retirement supplement or any amount received pursuant to a cash or deferred arrangement (as that term is defined in the Internal Revenue Code of 1986, as amended) maintained by Westinghouse, an Employer, a Designated Entity or a Designated Group or any amount received pursuant to the Westinghouse Savings Program or any similar program of, or made available to employees of, an Employer, a Designated Entity or a Designated Group.
Any other employee of the Company who becomes a member of a Designated Group after the Effective Date and is notified in a letter by the Company of his participation shall become a Participant in the Plan as of the date he becomes a member of a Designated Group subject to any conditions set forth in such letter.
In the event that an Executive retires or otherwise ceases to be an Employee of Westinghouse, an Employer, a Designated Entity or a Designated Group and is later rehired by one of those entities, the additional provisions set forth in Appendix B to the Plan will apply.