Prior Savings Plan definition

Prior Savings Plan means the CPC International Inc. Excess Savings Plan.
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Examples of Prior Savings Plan in a sentence

  • A Prior Plan Deferred Account shall be established for each Participant in the Prior Savings Plan who becomes a Participant on January 1, 1998, equal in initial value to the amounts held under the Prior Savings Plan as of December 31, 1997 attributable to employee deferrals under the Prior Savings Plan plus deemed investment earnings thereon through December 31, 1997.

  • Persons who have amounts transferred from the Prior Savings Plan to this Plan, as provided in Section 3.4, shall be eligible for participation with respect to amounts held in their Prior Plan Accounts hereunder.

  • A Prior Plan Company Account shall be established for each Participant in the Prior Savings Plan who becomes a Participant on January 1, 1998, equal in initial value to the amounts held under the Prior Savings Plan as of December 31, 1997 attributable to company credits under the Prior Savings Plan plus deemed investment earnings thereon through December 31, 1997.

  • Any such transferred assets shall be maintained in the Trust Fund on behalf of the Member as a separate account under this Plan, which shall be designated as a Prior Savings Plan Account.

  • To the extent that outstanding Participant loans under a Prior Savings Plan or the Endovascular Technologies, Inc.

  • The amounts transferred from the Participant's PAYSOP Account in a Prior Savings Plan that is transferred to or merged into this Plan, and the earnings thereon.

  • The term "Prior Savings Plan" shall mean the Lilly Employee Savings Plan, the Advanced Cardiovascular Systems, Inc.

  • The term "Salary Reduction Contribution" means a contribution made by an Employer (or, in the case of a Leased Employee treated as an Employee under Section 1.01(a)(7)(E), the contribution made by Eli Lilly and Company) on behalf of an Employee pursuant to Section 3.01 and any salary reduction contributions made under a Prior Savings Plan on behalf of a Participant that are transferred to this Plan.

  • The Participant's Salary Reduction Contributions to the Plan, including amounts attributable to salary reduction contributions under a Prior Savings Plan or the Endovascular Technologies, Inc.

  • Except as otherwise provided in Section 10.01(b)(1)(B), if the value of a Participant's vested accrued benefit exceeds $5,000, then, upon Retirement or upon becoming a Disabled Employee, the Participant, or his legal representative may elect payment under options (A), (B), or (C) of Section 10.01(a)(3) below, with respect to any portion of his benefit under the Plan that has accrued under this Plan, a Prior Savings Plan, or another qualified retirement plan that has merged into this Plan.

Related to Prior Savings Plan

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • 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.

  • Company 401(k) Plan shall have the meaning set forth in Section 6.09(e).

  • 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.

  • 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;

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Salary reduction plan means a benefit plan whereby state and

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

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

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • 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.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • 401(k) Plan shall have the meaning set forth in Section 6.3(a).

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Qualified Plan means a Benefit Arrangement that is intended to be tax-qualified under Section 401(a) of the Internal Revenue Code.

  • SIP means Session Initiation Protocol.

  • Health benefits plan means a benefits plan which pays or

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Group health benefit plan means any health care plan, subscription contract, evidence of