Included Plan definition

Included Plan means a Textron defined benefit or defined contribution plan specifically designated by the Management Committee under Article V.
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Included Plan means an Eligible Plan which continues to be a WP1 Plan and: which has not reached its scheduled maturity or retirement date; which has not been claimed in full (or come into payment in full) on maturity, retirement, surrender, transfer or death, in each case in accordance with the terms of the plan; in respect of which the Eligible Planholder has not (in accordance with the terms of the plan) ceased to be entitled to receive benefits; in each case as at the Reference Date;
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Included Plan means a Textron defined contribution plan specifically designated by the Management Committee under Article IV.
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Examples of Included Plan in a sentence

  • The Management Committee may cause this Plan to provide supplemental benefits on account of an Included Plan by adopting a Schedule to this Plan.

  • A Key Executive shall participate in this Plan if (1) her benefits under a Pension Plan, or (2) the annual additions to her accounts under the Savings Plan or any Included Plan that is a defined contribution plan, or (3) both such benefits and such additions, are limited by one or more Statutory Limits.

  • Except as specifically provided in a Schedule, all of the terms and conditions of this Plan shall apply to the Included Plan.

  • The assets of such formerly Included Plan shall be disposed of in the manner directed by the Trust Sponsor consistent with the purpose of the Trust.

  • Nothing in the foregoing shall prevent any amendment which accelerates the time of payment of benefits under the Included Plan or the Trust or any amendment which is agreed to in writing by the affected Participant(s).

  • January 1, 1997, except that with respect to any plan which is subsequently designated as an Included Plan thereafter, such date as may be set forth in its designation agreement or in the Trust.

  • An election made by a Participant while a Participant in a plan maintained by Signet Banking Corporation substantially similar to an Included Plan shall, as to deferrals and credits under the included Plan in effect immediately before the Effective Date, be treated as having been made under this Plan, and such election shall remain in effect until a subsequent election is made pursuant to Section 3.1.

  • The Plan Administrator of the Included Plan(s) described herein and as provided for in the respective Included Plan documents.

  • For purposes of this Section 7.02, "Qualified Plan" means a Pension Plan, the Savings Plan or any other Included Plan.

  • The Trust Sponsor represents to the Trustee that each Included Plan either is exempt from Part 4 of Title I of the Act as (i) an "excess benefit" plan within the meaning of Section 4(b) of the Act or (ii) a "top hat" plan maintained primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees or is not covered by the Act because no Employees are covered by the Included Plan.

Related to Included Plan

  • Permitted Plan means any employee benefits plan of the Issuer or any of its Affiliates and any Person acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan.

  • Supplemental Plan means a written plan for a child outlining the agency's plan to locate a permanent placement for the child and which may be developed concurrently with the case plan.

  • Sectional Plan means the Sectional Plan drawn or to be drawn in respect of the Erf and Buildings in terms of the STA, approved or to be approved by the Surveyor-General and to be registered in the relevant deeds’ registry;

  • 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.

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

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Proposed Plan As defined in Section 3.17(a)(iii).

  • Exit Plan means the exit management plan developed by the Contractor and approved by the Authority in accordance with Clause 44 (Exit Management).

  • Qualified Plan means a Pension Plan that is intended to be tax-qualified under Section 401(a) of the IRC.

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • Approved Plan means plan for the building or lay out plan approved by the Authority in accordance with prescribed regulations.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Case plan means a written document developed by the PCSA, PCPA or Title IV-E agency and the family which identifies strengths of the family, concerns to be resolved and supportive services to be provided which will result in ensuring permanence for the child.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Transition Plan means a transition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination of this Agreement and how the transition of the clients to new service providers will be effected in a timely manner; and

  • Corrective Action Plan has the meaning set forth in Section II.A.2.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Salary reduction plan means a benefit plan whereby state and

  • Area Plan or “multiyear area plan” means a document, developed in accordance with the uniform area plan format and IAPI issued by the department, that is submitted to the department every four years, with annual updates, by an AAA in order to receive subgrants from the department’s grants.

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Qualified Allocation Plan or “QAP” means this Qualified Allocation Plan, which was adopted by Board Action on November 16, 2016 and made effective as of January 1, 2017, and which was approved by the Governor of the State of New Mexico pursuant to Section 42(m)(1)(B) of the Code and sets forth the Project Selection Criteria and the preferences for Projects which will receive Tax Credits.

  • Defined Benefit Plan means each Benefit Plan which is subject to Part 3 of Title I of ERISA, Section 412 of the Code or Title IV of ERISA.

  • SIP means Session Initiation Protocol.

  • Qualified Plans has the meaning set forth in Section 5.20.

  • Dental plan means any dental insurance policy, including those of nonprofit health service plans, and those of commercial group, blanket, and individual policies, any subscriber contracts issued by Health Maintenance Organizations (HMOs), and any other established programs under which the insured may make a claim. The term Dental Plan includes coverage under a governmental plan, or coverage required to be provided by law. This does not include a State plan under Medicaid (Title XIX, Grants to States for Medical Assistance Programs, of the United States Social Security Act, as amended from time to time.)

  • Company Benefit Plan has the meaning specified in Section 4.13(a).