Examples of Former Parent Plan in a sentence
Federal Law No. 420-FZ of December 7, 2011 supplemented this Code with Article 53.1 The provisions of this Code (in the wording of Federal Law No. 420-FZ of December 7, 2011), as regards compulsory labour, shall apply starting from January 1, 2013 Article 53.1. Compulsory Labour1.
The Company is authorized to issue Distribution Awards to Participants, including Distribution Participants, in connection with the adjustment and replacement of certain awards previously granted by Former Parent under a Former Parent Plan to such Participants (pursuant to the anti-dilution adjustment provisions of the Former Parent Plan).
In its discretion, the Committee may permit beneficiary designations by a Participant under a Former Parent Plan to be effective for such purposes under this Plan.
Analysis of such impacts has not been completed yet, but as agencies are provided with relevant information they should consider moving or modifying corridors.
As discussed further below, outstanding awards under the Former Parent Plan were adjusted and converted into Delphi Technologies equity awards.