Examples of Retained Plans in a sentence
The Parties acknowledge that Delphi may, at its sole election terminate any or all of the Retained Plans .
With the sole exception of the Retained Plans, all employee compensation, benefit and pension plans, and employment agreements or settlements reached thereunder of the Debtors, including benefit plans and programs subject to sections 1114 and 1129(a)(13) of the Bankruptcy Code entered into before or after the Petition Date and not since terminated, shall be deemed to be, and shall be treated as if they were, terminated executory contracts.
A master trust (the “ HII Master Trust”) has been established to hold the assets of the HII Spinoff DB Plans and the HII Retained Plans, and NGC has caused certain marketable securities to be transferred to the HII Master Trust.
The Parties acknowledge that Delphi may, at its sole election, terminate any or all of the Retained Plans.