Participation in Benefit Plans definition
Participation in Benefit Plans involuntary discontinuance of the Executive's participation in any officer or employee benefit plans maintained by the Corporation or Subsidiary(ies), unless such plans are discontinued by reason of law or loss of tax deductibility to the Corporation with respect to contributions to such plans, or are discontinued as a matter of policy applied equally to all participants in such plans, or
Participation in Benefit Plans involuntary discontinuance of the Executive's participation in any officer or employee benefit plan maintained by PremierWest Bancorp or by PremierWest Bank, unless the plan is discontinued by reason of law or loss of tax deductibility to PremierWest with respect to contributions to the plan, or is discontinued as a matter of PremierWest Bancorp policy or PremierWest Bank policy applied equally to all participants in the plan,
Participation in Benefit Plans involuntary discontinuance of the Executive's participation in any officer or employee benefit plans maintained by NewMil Bancorp, Inc. or by NewMil Bank, unless such plans are discontinued by reason of law or loss of tax deductibility to NewMil Bancorp, Inc. with respect to contributions to such plans, or are discontinued as a matter of NewMil Bancorp, Inc. policy or NewMil Bank policy applied equally to all participants in such plans,
Examples of Participation in Benefit Plans in a sentence
Participation in Benefit Plans While on Leave of Absence Employees granted leave of absence without pay for a period of one (1) complete pay period or more shall, before their leave of absence commences, choose one of the following options.