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Prior Plan definition

Prior Plan means the coverage provided on a group or group-type basis by the group insurance policy, benefit plan or service plan that was terminated on the day before the Effective Date of the Plan and replaced by the Plan.
Prior Plan means a prior carrier's group life insurance policy, which the Policy replaced within 1 day of the prior plan's termination date.
Prior Plan means a prior carrier’s group life insurance policy, which the Policy replaced within 1 day of the prior plan’s termination date. FAILURE TO SATISFY ACTIVE WORK RULE. Subject to payment of premiums, the Policy will provide life coverage if you:

Examples of Prior Plan in a sentence

  • Shares tendered or withheld in order to satisfy tax withholding obligations, including with respect awards granted under a Prior Plan, will be available for issuance again under the Plan.

  • Notwithstanding anything herein to the contrary, (a) Shares equal in number to the Shares withheld, surrendered or tendered in payment of the exercise price of an Award, including awards granted under a Prior Plan, and (b) Shares reacquired by the Company on the open market or otherwise using cash proceeds from the exercise of Awards, including awards granted under a Prior Plan, shall not become available for issuance again under the Plan.

  • Subject to adjustment as provided under the Plan, the total number of Shares that are available for Awards under the Plan shall not exceed in the aggregate 5,000,000 Shares, plus any Shares subject to outstanding awards granted under a Prior Plan and that expire or terminate for any reason shall be available under this Plan.


More Definitions of Prior Plan

Prior Plan means a prior carrier's group disability income policy, which the Policy replaced within 1 day of the prior plan's termination date.FAILURE TO SATISFY ACTIVE WORK RULE. Subject to premium payments, the Policy will provide disability income coverage if you:
Prior Plan means the Commvault Systems, Inc. Long-Term Stock Incentive Plan.
Prior Plan. Means a plan which was amended or replaced by adoption of this Plan document as indicated in the Adoption Agreement.
Prior Plan s Available Reserve” means the number of shares available for the grant of new awards under the Prior Plan as of immediately prior to the Effective Date.
Prior Plan means a prior carrier's group disability income policy, which the Policy replaced within 1 day of the prior plan's termination date.