Electronics Savings Plan definition

Electronics Savings Plan shall have the meaning set forth in Section 6.6(b)(i).
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Examples of Electronics Savings Plan in a sentence

  • The Arrow Electronics Savings Plan, which as currently in effect is set forth herein.

  • 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.

  • 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.

  • 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.

  • In lieu of such a sale, the Committee may credit the Qualified Member with cash derived from contributions or dividends in an amount equal to the value of such shares, and apply the cash to the Arrow Electronics Savings Plan as though it were sale proceeds.

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  • 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.

  • 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 to cause the Buyer Savings Plan to accept rollovers by Transferred U.S. Employees from the Tyco Electronics Savings Plan, including promissory notes evidencing all outstanding loans.

  • 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.

Related to Electronics Savings Plan

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

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • 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.

  • 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.

  • Company 401(k) Plan shall have the meaning set forth in Section 6.09(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.

  • 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;

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • NEC Electronics as used in this statement means NEC Electronics Corporation and also includes its majority-owned subsidiaries.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Group health benefit plan means any health care plan, subscription contract, evidence of

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

  • 401(k) Plan shall have the meaning set forth in Section 6.3(a).

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

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • SIP means Session Initiation Protocol.

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

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Health benefits plan means a benefits plan which pays or

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Distribution Plan means any plan or formula of allocation of the Net Settlement Fund, to be approved by the Court, upon notice to the Class as may be required, whereby the Net Settlement Fund shall in the future be distributed to Authorized Claimants.

  • Basin plan means the same as “water quality control plan” as defined in Division 7 (commencing with Section 13000) of the Water Code. Basin Plans are adopted by each Regional Water Board, approved by the State Water Board and the Office of Administrative Law, and identify surface water and groundwater bodies within each Region’s boundaries and establish, for each, its respective beneficial uses and water quality objectives. Copies are available from the Regional Water Boards, electronically at each Regional Water Boards website, or at the State Water Board’s Plans and Policies web page (http://www.waterboards.ca.gov/plans_policies/).