Navy Severance Plan definition
Navy Severance Plan means the ▇▇▇▇▇▇ Industries, Inc. Severance Plan, as it is in effect as of the signing of this Agreement. For purposes of this Agreement, Navy Severance Plan also includes the ▇▇▇▇▇▇ Industries, Inc. Severance Plan as modified by ▇▇▇▇▇▇ Production Services Ltd., but only to the extent all such modifications are accurately set forth on Exhibit D.
Examples of Navy Severance Plan in a sentence
The Red Lion Group shall indemnify and hold harmless the Navy Group with respect to any Actions by a Continuing Employee asserting that such Continuing Employee is entitled to severance benefits under the applicable Navy Severance Plan.
In the event a member of the Red Lion Group does not provide an offer of employment or continued service in accordance with Section 2.6(a) and the Navy Group terminates the employment or service of a Delayed Transfer Service Provider within three months following completion of the applicable Service, then the Red Lion Group shall be solely responsible for paying the costs, if any, incurred under the applicable Navy Severance Plan, by the Navy Group in connection with any such termination.