Restricted Benefits definition

Restricted Benefits means the lower level of Benefits payable for some services under a Product as set out in the Product Information. Benefits paid will be equivalent to Treatment in a shared-ward of a Public Hospital.

Restricted Benefits has the meaning set forth in Section 4.12(h).

Restricted Benefits. Section 3.23(a)

Examples of Restricted Benefits in a sentence

• Title to and beneficial ownership of any Company assets (including any assets that may be held in trust) which may be used to satisfy the Company's obligation for payment of Restricted Benefits shall remain solely the property of the Company.

• Any amendment shall have prospective application only and shall not reduce or impair a Participant's right to Restricted Benefits accrued and vested as of the date such amendment is made.

• Title to and beneficial ownership of any Company assets (including any assets that may be held in trust) which may be used to satisfy the Company's obligation for payment of Restricted Benefits and Supplemental Retirement Benefits shall remain solely the property of the Company.

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• If a Participant does not have a Spouse or domestic partner when the Participant Separates from Service, then the Participant’s vested Restricted Benefits and Cadre Benefits shall be paid in the form of a single life annuity.

More Definitions of Restricted Benefits

Restricted Benefits has the meaning set forth in Section 3.11(c)(iv).

Restricted Benefits means the lower level of Benefits payable for some services under a Product as set out in the Schedules.

Restricted Benefits means the benefit described in Section 3.1. No Participant shall accrue additional Restricted Benefits on or after January 1, 2024.

Restricted Benefits has the meaning set forth in Section 3.28(a)(iv). “Returns” has the meaning set forth in Section 3.21(a). “Rollover Option” has the meaning set forth in Section 2.6(b)(i)(B). “SEC” means the Securities and Exchange Commission. “Section 280G” has the meaning set forth in Section 6.14. “Section 280G Payments” has the meaning set forth in Section 6.14. “Securities Act” means the Securities Act of 1933, as amended. “Securityholders’ Agent” has the meaning set forth in the introductory paragraph. “Solicitation Statement” has the meaning set forth in Section 6.1(a). “Specified Options” has the meaning set forth in Section 6.8(g). “Stockholder” means any holder of Company Capital Stock. “Stockholder Support Agreement” has the meaning set forth in Recital G. “Straddle Period” has the meaning set forth in Section 6.12(a).

Restricted Benefits is defined in Section 3.24.

Restricted Benefits means that portion of a Participant's Company Contribution Account comprised of the amounts that would have been contributed on his or her behalf to the Company's Tax-Qualified Retirement Plans without the restrictions under Sections 401(a)(17), 401(k) and 401(m) of the Code.

Restricted Benefits means the benefit described in Section 3.1.