Plan freeze date definition

Plan freeze date means the last day of the first plan year that ends on or after December 31, 2014.
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Plan freeze date means November 1, 2002.
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Plan freeze date means March 31, 2000.
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Examples of Plan freeze date in a sentence

  • Prior to the Plan Freeze Date, an Employee who satisfied the requirements of Section 2.1 and subsequently (A) incurs a Termination of Employment, (B) incurs a break-in-service (as defined in Section 1.1(HH)) and (C) is reemployed after such break-in-service, will become a Participant under this Plan on the first day on which he has an Hour of Service.

  • The vested portions of an Outside Director’s Accounts, shall be distributed to the Outside Director only upon the Outside Director’s Cessation of Service as described in Subsections 7(a) and (b) of the Plan and, after the Plan Freeze Date, no election may be made under Subsection 7(c) of the Plan to receive distributions prior to Cessation of Service.

  • However, no Employee or Participant may commence or recommence participation in the Plan on or after the Plan Freeze Date.

  • Effective as of the Plan Freeze Date, (a) no Employee not already a Participant shall be eligible to become a Participant in the Plan, (b) the Required Annual Contribution Amount shall not include any compensation received by a Participant on or after the Plan Freeze Date, and (c) after the Plan Freeze Date, a Participant’s Plan Benefit Amount and a Participant’s Plan Account will not increase for purposes of determining the amount of the benefit payable under the Plan.

  • Notwithstanding the foregoing, a Participant that has not satisfied the Plan’s definition of Early Retirement Date (as defined in Section 2.1(b) hereof) as of the Plan Freeze Date (the “Non-Vested Participant”) shall continue to accrue Service after the Plan Freeze Date until the Non-Vested Participant has ten (10) years of Service.

  • Effective as of the Plan Freeze Date, (A) no Employee may commence or recommence participation in the Plan, (B) Final Earnings shall not include any Earnings received by a Participant on or after the Plan Freeze Date (December 31, 2000), and (C) Credited Service and the accrual of all Participants' benefits shall cease.

  • No Employee shall be eligible to become a Participant in the Plan on or after the Plan Freeze Date.

  • Notwithstanding Section 6(c) of the Plan to the contrary, the final election by an Outside Director prior to the Plan Freeze Date shall govern the method and timing of payments for all Stock Units awarded under the Plan.

  • An Outside Director who has not already been vested in his or her Dividend Account as of the Plan Freeze Date shall not be vested in, or be entitled to payment of, any amount in that Dividend Account after the Plan Freeze Date and any such amount shall be forfeited to the Plan.

  • Section 5.5(a) shall be amended by deleting the word “An” in the beginning of such paragraph and by adding the words “Prior to the Plan Freeze Date, an” in lieu thereof.

Related to Plan freeze date

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Plan Implementation Date means the Business Day on which all of the conditions precedent to the implementation of the Plan have been fulfilled, or, to the extent permitted pursuant to the terms and conditions of the Plan, waived, as evidenced by the Monitor’s Plan Implementation Date Certificate to be filed with the Court;

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Plan 3 means the teachers' retirement system, plan 3

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Plan 2 means the teachers' retirement system, plan 2

  • Plan Entry Date means the Effective Date and: (Choose (d), (e) or (f))

  • Plan Effective Date means the “Effective Date” as defined in the Plan of Reorganization.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Freeze means temperature maintained thermostatically between -20 degrees and -10 degrees Celsius (-4 degrees and 14 degrees Fahrenheit).

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Service Date or "SD" means the date service is made available to the End User Customer. This also is referred to as the "Due Date."

  • Plan B means the 1997 Non-Statutory Stock Option Plan;

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Retirement system means a retirement plan or system that is established by or pursuant to title 38.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Retirement Eligibility means attainment of age 60 and completion of at least five (5) years of continuous service with the Company.