Equalization Plan definition

Equalization Plan means the PanEnergy Corp Key Executive Retirement Benefit Equalization Plan as it existed on December 31, 1998.
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Equalization Plan means the Equalization Benefit Plan for Participants of the UCAR Carbon Retirement Plan, as may be amended from time to time.
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Equalization Plan means, to the extent maintained, the Spectra Energy Corp Retirement Benefit Equalization Plan.
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Examples of Equalization Plan in a sentence

  • During the Contract Period, if the Executive was entitled to benefits under the Company’s Benefit Equalization Plan (“BEP”) prior to the Change in Control, the Executive shall be entitled to continued benefits under the BEP after the Change in Control and such BEP may not be modified to reduce or eliminate such benefits during the Contract Period.

  • During the Contract Period, if the Executive was entitled to benefits under the Company’s Benefit Equalization Plan (“BEP”) prior to the Change in Control, the Executive shall be entitled to continued benefits under the BEP after the Change in Control and such BEP may not be modified or terminated to reduce or eliminate such benefits during the Contract Period.

  • If Employee was a participant in the 2005 Pension Equalization Plan prior to the Effective Date, then during the Protection Period, the Company or Successor Employer shall continue to provide Employee with coverage and participation under the 2005 Pension Equalization Plan or a substantially similar supplemental retirement plan.

  • The Executive's accounts under the Playtex Products Profit-Sharing Retirement Plan and Deferred Benefit Equalization Plan shall become fully vested as of immediately prior to the consummation of the Change of Control.

  • The provisions of this Section 6(a)(ii) shall be considered an amendment to the Equalization Plan consented to by the Executive.

  • Benefits Equalization Plan A nonqualified benefit plan which allows participants to make-up deferrals, including the Company match, if any, to the Company's 401(k) Plan otherwise unavailable due to limitation under the Internal Revenue Code.

  • Furthermore, the Employee shall be made 100% vested for purposes of both the 2005 Pension Equalization Plan and Restoration Plan, if the Employee is a participant in such plans (for purposes of this subsection) and is not already fully vested.

  • Executive will become fully vested in any unfunded pension benefit provided under any nonqualified pension plan, program or arrangement in which he or she participates (including, without limitation, the Benefit Equalization Plan and the Supplemental Retirement Account Plan).

  • In no event shall coverage during the Protection Period be on a basis less favorable in terms of benefit levels and coverage than the 2005 Pension Equalization Plan and the Restoration Plan.

  • During the Contract Period, if the Executive was entitled to benefits under the Company's Benefit Equalization Plan ("BEP") prior to the Change in Control, the Executive shall be entitled to continued benefits under the BEP after the Change in Control and such BEP may not be modified to reduce or eliminate such benefits during the Contract Period.


More Definitions of Equalization Plan

Equalization Plan means, to the extent maintained, the Spectra Energy Corp
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Equalization Plan means the Union Carbide Corporation Equalization Benefit Plan.
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Related to Equalization Plan

  • 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.

  • 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.

  • 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.

  • 401(k) Plan has the meaning set forth in Section 6.10.

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