Examples of Electronics Savings Plan in a sentence
If the Qualified Member has no account under the Arrow Electronics Savings Plan, he shall be required to open one prior to the transfer from this Plan.
The Arrow Electronics Savings Plan, which as currently in effect is set forth herein.
Except for transfers to the Arrow Electronics Savings Plan described in Section 7.3, distribution upon a withdrawal pursuant to Section 7.1 (whether made directly to the Member or in a direct rollover to an individual retirement arrangement or other eligible retirement plan) shall be made in whole shares of Common Stock, and effective December 19, 2003, cash in lieu of any fractional shares, if applicable.
The Member shall direct in accordance with procedures established by the Committee the transfer of the proceeds of diversification to his rollover contributions account in the Arrow Electronics Savings Plan, where it shall initially be invested according to the instructions that he shall give with respect to such transfer.
There must not be any stockpiling of building spoil, materials, or storage of equipment on the public road during the construction period.
Effective as of the Closing Date, each Transferred U.S. Employee shall become fully vested in his or her account balance in the Tyco Electronics Savings Plan.
If a Member directs that a withdrawal under this Article VII be transferred under Section 9.6 as a direct rollover to the Arrow Electronics Savings Plan (the “Savings Plan”), the Committee shall sell the number of shares designated by such Member and transfer the proceeds in cash, net of brokerage fees and any other direct expenses arising from such sale, to the Savings Plan.
Whenever a Qualified Member makes an election pursuant to Section 4.11.2, the Committee shall within 90 days of the end of the Qualified Member’s 90-day election period sell the number of shares for which diversification has been elected and transfer the proceeds, net of brokerage fees, to the Qualified Member’s rollover contributions account in the Arrow Electronics Savings Plan.
Effective March 17, 2003, a Beneficiary may direct that all or a portion of his interest in a deceased Member’s account be transferred directly to the Arrow Electronics Savings Plan (the “Savings Plan”).
Buyer agrees that it will cause the third-party administrator of the Buyer Savings Plan to accept any rollover contemplated pursuant to this Section 9.01(e) no later than sixty days following the latest date that Buyer receives the documentation from the Transferred U.S. Employee and the third-party administrator of the Tyco Electronics Savings Plan necessary for the third-party administrator of the Buyer Savings Plan to process such rollover.