Prior Plan Benefit definition

Prior Plan Benefit means the Member’s accrued benefit under the Prior Plan, as described in section A.1 of the Appendix which is attached hereto and hereby made a part of the Plan.

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Prior Plan Benefit means a Participant’s “accrued benefit” as defined under the Prior Plan and as determined as of the Transition Date, indexed to reflect the growth in the Participant’s rate of Base Pay as set forth below.

Prior Plan Benefit means the benefit amount calculated as a ------------------ Participant's "Prior Plan Benefit" (if any) pursuant to Article V of the Retirement Plan.

Examples of Prior Plan Benefit in a sentence

It is an express condition precedent to the effectiveness of this Agreement that the Employee execute and deliver the Waiver of Prior Plan Benefit attached as Schedule “B” to this Agreement terminating the Employee’s rights under such prior plan and any related agreement(s), whether written or oral, and under any other supplemental benefit plan provided by the Employer which affords the Employee benefits in the event of the Employee’s retirement or a Change in Control of the Employer.
To the extent that the Employee is ---------------------------- a participant in any other supplemental benefit plan provided by the Employer which affords the Employee benefits in the event of the Employee's retirement or death or a change in control of the Employer, it is an express condition precedent to the effectiveness of this Agreement that the Employee execute and deliver the Waiver of Prior Plan Benefit attached as Schedule "D" to this Agreement.
To the extent that the Executive is a party to that certain Amended and Restated Salary Continuation Agreement made with the Employer which affords the Executive benefits in the event of the Executive's retirement, death, disability, termination or change in control, it is an express condition precedent to the effectiveness of this Agreement that the Executive execute and deliver the Waiver of Prior Plan Benefit attached as Schedule "E" to this Agreement.
The Prior Plan Benefit cannot be calculated in any manner other than the manner set forth in Treasury Regulation Section 1.409A-6(a)(3).
To the extent that the Employee is a ---------------------------- participant in any other supplemental benefit plan provided by the Employer which affords the Employee benefits in the event of the Employee's retirement or death or a change in control of the Employer, it is an express condition precedent to the effectiveness of this Agreement that the Employee execute and deliver the Waiver of Prior Plan Benefit attached as Schedule "D" to this Agreement.

More Definitions of Prior Plan Benefit

Prior Plan Benefit means an amount equal to an Executive’s account balance, if any, in the Prior Plan that is transferred to the Plan upon termination of the Prior Plan.

Prior Plan Benefit means an amount which was transferred to the SSIP directly from a qualified plan and trust described in Section 401(a) and, if applicable, 401(k) of the Code, which was maintained by IR Company or an Affiliated Company with respect to IR Company, and the transfer was approved by the Benefits Administration Committee (as such term is described in the IR Plan), and subsequently transferred to the IR Plan from the SSIP.

Prior Plan Benefit means the monthly benefit earned by a Participant under the Prior Plan, if any, through August 31, 1987.

Prior Plan Benefit means an amount which was transferred to the SSIP directly from a qualified plan and trust described in Section 401(a) and, if applicable, 401(k) of the Code, which was maintained by the Company or an Affiliated Company, and the transfer has been approved by the Committee, and subsequently transferred to this Plan from the SSIP.

Prior Plan Benefit means such Participant’s frozen benefit accrued as of March 31, 1994, under the CAE-Link Corporation Pension Plan. For purposes of benefits under

Prior Plan Benefit means an amount which was transferred to this Plan directly from a qualified plan and trust described in Section 401(a) and, if applicable, 401(k) of the Code.

Prior Plan Benefit means a Continued Employee's accrued benefit under the Prior Plan as of July 2, 1990 (after reduction by any applicable offsets under the Prior Plan) with respect to which and to the extent that the Plan has received a transfer of assets and liabilities from the Prior Plan.