Examples of Group I Employees in a sentence
The Plan is intended to provide Group I Employees with the opportunity to defer a portion of their Base Salary and Bonus on a tax-favored basis and to receive Group I Matching Contributions on such deferrals, as well as to receive an additional deemed annual contribution from AWW for a portion of their Bonus, plus the portion of their Base Salary that exceeds the limit on compensation under section 401(a)(17) of the Code.
Prior to the Effective Date, AWW credited to the Special Contribution Account certain Special Contributions for the benefit of those Group I Employees who were specifically designated by the Board to receive such Special Contributions, the value of which was determined by the Board at such time.
Only those Group I Employees who were specifically designated to receive the Special Contributions were eligible to receive such Special Contributions.
Each Plan Year, all Group I Employees will be offered the opportunity to make a Base Salary Deferral with respect to Base Salary to be paid in the Plan Year and a Bonus Deferral with respect to Bonus to be earned in the Plan Year.
The Sellers shall be responsible to issue (and shall be liable for) final paychecks to the Group I Employees and Group II Employees, which shall include salary/wages and accrued vacation through the termination date, and to make all related payroll Tax deposits, on the termination date.
U.S. Transferred Employees who are neither Group I Employees or Group II Employees ("Group III Employees") will *.
For Participants whose classification as an Eligible Employee changes, for example, changing from being Group I Employees to Group II Employees, the respective contribution elections then in effect (if any) will continue to be applicable on the same terms as then in effect, until the next Entry/Adjustment Date.
Group I Employees may add new dependents following initial eligibility by submitting to the Plan a written request for enrollment along with any enrollment information the Plan may require (for example, copy of marriage certificate, proof of loss of other coverage, etc.).
The Employee groups shall be defined as follows: Group B Employees: Group C Employees: Group D Employees: Group E Employees: Group F Employees: Group G Employees: Group H Employees: Group I Employees: Group J Employees: Additional classifications and any changes to the classification groups may be added as an addendum to this Adoption Agreement.
No. If an employer has not elected to participate in NHRS for its Group I Employees, the employer does not have to report data on NHRS retirees working as employees – although it does have to report data on retirees working in police, fire, or teacher positions.