Examples of Sellers Plan in a sentence
To the extent requested by a Transferred Employee, Sellers shall cause to be transferred to Buyer's 401(k) Plan, in cash and in kind, all of the individual account balances of Transferred Employees under the Sellers' Plan, including any outstanding plan participant loan receivables allocated to such accounts.
Seller may terminate a Sellers Plan only during the last five Trading Days of a Sales Period by providing Broker and Isis advance written notice.
Each Sellers Plan can be unilaterally terminated by a Seller or a Subsidiary at any time without material liability, other than for amounts previously reflected in the financial statements (or notes thereto) included in the Sellers SEC Reports.
Common Stock having a fair market value equal to the aggregate value of the Affected Participants' account balances invested in the NS Group Common Stock Fund under the Seller's Plan as of the transfer date.
Isis hereby appoints and authorizes Broker to sell shares of Stock pursuant to the terms and conditions set forth below and in the applicable Sellers Plan.