Past Service Plan definition

Past Service Plan means the Cytec Past Service Retirement Plan.
View Source
Past Service Plan. See Section 13.3(h).
View Source
Past Service Plan means the Cytec Past Service Retirement Plan. 1.22 "Pension Administration Committee" means the Pension Administration Committee created by the Board of Directors, and any successor thereto. 1.23 "Pension Plan Benefit" means the aggregate annual retirement benefit payable to or on account of a Member from the Retirement Plans. 1.24 "Plan" means this Cytec Executive Supplemental Employees' Retirement Plan, as set forth herein, as amended from time to time. 1.25 "Plan Benefit" means the amount of a Member's annual retirement benefit computed in accordance with the terms of this Plan. 1.26 "Plan Year" means each twelve (12) consecutive month period commencing each January 1 and ending on the following December 31. 1.27 "Retirement Plans" means the Past Service Plan and the Employees' Retirement Plan. 1.28 "SERP" means the Cytec Supplemental Employees' Retirement Plan. 1.29 "Special Change in Control" shall have the same meaning as "Change in Control", except that the reference to "20%" in subsection (i) of the definition of "Change in Control" in the Employees' Retirement Plan shall be replaced with "50%".
View Source

Examples of Past Service Plan in a sentence

  • The Successor Plan shall be in substantially the same form as the Past Service Plan and shall provide the Employees and former employees of the Businesses (the "Covered Employees") their full accrued benefits under the Past Service Plan.

  • Executive Past Service Benefit Plan (the "Past Service Plan") as such requirements apply to the award made to Stauth on Novembe▇ ▇, ▇997 of $2,364,000 plus interest at the rate of 7.5% from November 1, 1997 until paid.

  • However, the Company will withhold from the Salary Replacement Amount a sum equal to 1.45% of Stauth's Past Ser▇▇▇▇ ▇▇▇n benefit, representing Stauth's Medicare ▇▇▇▇▇ ▇ue on the Past Service Plan benefit.

  • The Successor Plan shall also provide that each such Covered Employee's credited service under the Past Service Plan as of the Closing Date shall be given equivalent credit under the Successor Plan with respect to eligibility, vesting and benefits.

  • Within 30 days after the Closing Date, Seller shall cause its designated actuary to calculate the minimum amount of assets that is required by Section 414(l) of the Code to be transferred from the Past Service Plan to the Successor Plan, determined as of the Closing Date (the "Past Service Plan Assets").

Related to Past Service Plan

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • Individualized service plan means a plan prepared by a

  • Individualized family service plan means the written plan for providing early intervention services to an eligible child and the child's family.

  • Nursing Service Plan means the plan that is developed by the registered nurse based on an Individual’s initial nursing assessment, reassessment, or updates made to a nursing assessment as a result of monitoring visits. The Nursing Service Plan must describe all licensed nursing services the Individual shall receive and be pursuant to the Individual’s Service Plan.

  • Maintenance Plan means a maintenance plan pursuant to N.J.A.C. 7:8-5.2(b) and 5.8 prepared by the design engineer for the stormwater management measures incorporated into the design of a major development.