New Plan definition

New Plan has the meaning set forth in Section 5.5(b).
New Plan has the meaning set forth in Section 7.09(b).
New Plan means a plan that did not exist before the Premium Payment Year. This includes a plan resulting from a Consolidation or Spinoff. A plan that meets this definition is considered to be a New Plan even if the plan constitutes a successor plan within the meaning of ERISA section 4021(a).

Examples of New Plan in a sentence

  • New Plan - Enter the first day of your plan year (usually January 1) and the year.

  • Nothing in this Agreement shall be deemed to (i) establish, amend, or modify any Company Benefit Plan, New Plan or any other benefit or employment plan, program, agreement or arrangement, or (ii) alter or limit the ability of the Surviving Corporation or any of its Subsidiaries or affiliates to amend, modify or terminate any particular Company Benefit Plan, New Plan or any other benefit or employment plan, program, agreement or arrangement after the Effective Time.

  • In addition, a copy of the New Plan is available for review by Shareholders at the registered office of the Company until the date of the Meeting.

  • As is common with employee incentive schemes, the New Plan provides the Board with the discretion to, amongst other things, determine that some or all of the Equity Securities granted to a participant under the New Plan (Plan Securities) will not lapse in the event of that participant ceasing their engagement with the Company before such Plan Securities have vested.

  • The value of the termination benefits that the Board may give under the New Plan cannot be determined in advance.


More Definitions of New Plan

New Plan shall have the meaning ascribed thereto in Section 5.10(d).
New Plan means the new retiree welfare benefit plan that is the subject of this Settlement Agreement, and that is funded in part by the GM Separate Retiree Account (as defined in the Trust Agreement), which New Plan shall provide Retiree Medical Benefits to the Class and Covered Group.
New Plan has the meaning set forth in Section 4.4(c).
New Plan means the plan originally created by Title IX, Chapter VII, Article IV, Section 1(D) of the 1918 City of Detroit Charter as amended through June 30, 1974 and continued in effect through June 30, 2014 by Article 11, Section 102 of the City of Detroit Charter.
New Plan is defined in Section 6.3(d) of the Agreement.
New Plan has the meaning set forth in Section 6.08.
New Plan means the pension scheme or schemes described in -------- Section 8.13(b) and, where the context permits, includes its or their trustees.