Examples of Severance Plan in a sentence

The forfeited amounts shall be reallocated at the end of each plan year only among the remaining separate 401(a) Severance Plan accounts in a manner similar to that used in initially determining the present value calculations and deposited in teacher accounts by June 1.
Therefore, the 401(a) Severance Plan accounts of the following teachers will not share in the reallocation of a forfeiture of a 401(a) Severance Plan account.
A teacher must have served in the Elkhart Community Schools for ten (10) years and reached the age of fifty (50) or fifteen (15) years in the Elkhart Community Schools and reached the age of forty-five (45) to be vested in the 401(a) Severance Plan.
If a teacher dies or xxxxxx employment before satisfaction of the vesting requirements set forth in this agreement, the terminated teacher’s 401(a) Severance Plan account shall be forfeited.
There will be no commingling of accounts and each teacher may determine how his or her account shall be invested among the investment options made available by the investment vendor for this 401(a) Severance Plan.

More Definitions of Severance Plan

Severance Plan shall have the meaning set forth in Section 2.3.

Severance Plan has the meaning given to such term in Section 1.06 hereof.

Severance Plan shall have the meaning specified in Section 4.5(a).

Severance Plan means that certain Meritage Homes Corporation Executive Severance Plan, as may be amended from time to time.

Severance Plan means the Host Hotels & Resorts, Inc. Severance Plan for Executives, as amended from time to time.

Severance Plan means any severance plan maintained by AmeriGas, UGI or an Affiliate of AmeriGas or UGI, that is applicable to the Participant.

Severance Plan shall have the meaning set forth in Section 7.5.4 hereof.