Plan Administrative Committee definition
Examples of Plan Administrative Committee in a sentence
Any action which may be taken at a meeting of the Agent Plan Administrative Committee may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the members, and such consent shall have the same force and effect as a unanimous vote of such members.
The Defendants are Northrop Grumman Corporation, Northrop Grumman Savings Plan Administrative Committee, Northrop Grumman Savings Plan Investment Committee, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇.
The Court has given its preliminary approval to a proposed settlement (the “Settlement”) of a class action lawsuit brought by certain participants in the Plan against Northrop Grumman Corporation, Northrop Grumman Savings Plan Administrative Committee, Northrop Grumman Savings Plan Investment Committee, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇.
The Plan Administrative Committee shall have full power and authority to interpret, construe and administer this Plan and the Committee's interpretation and construction hereof, and actions hereunder, or the amount or recipient of the payment to be made herefrom, shall be binding and conclusive on all persons for all purposes.
The Participant may from time to time revoke or change any designation of beneficiary by filing another approved beneficiary designation form with the Plan Administrative Committee.
The beneficiary designation under this Section 4.3 shall be effective only upon receipt by the Plan Administrative Committee of a properly executed form that the Plan Administrative Committee has approved for that purpose.
In hardship cases where employees are within eighty (80) hours of depleting their sick leave bank and have a chronic approved FMLA condition, they may request to have the Employee Benefits Plan Administrative Committee (EBPAC) review their request for sick leave replenishment.
All determinations required to be made under this Section 8, including the assumptions to be utilized in arriving at such determination, shall be made prior to the due date of the Retirement Benefits provided in Section 4.2 by such law or accounting firm as selected by the individuals who were the members of the Plan Administrative Committee immediately prior to the Change of Control (the "Law or Accounting Firm").
The Plan Administrative Committee (PAC) shall have responsibility for the operation and administration of the Plan and trust, and the members of the PAC shall be Atrustees@ subject to the fiduciary duties imposed on trustees under California law, including but not limited to the duties imposed by the Uniform Prudent Investors Act.
The Company shall have the right to make such provision as necessary or appropriate, as determined by the Plan Administrative Committee, to satisfy any obligations of the Company to collect or withhold Federal, state or local income, employment or other taxes incurred by reason of the accrual or payment of benefits under the Plan.