Split Plans definition

Split Plans means those Parent Plans for which Liabilities (and Assets, where applicable) will be allocated between Parent and SpinCo in accordance with this Agreement. The Split Plans are the plans identified in Appendix C and the Maintained Health and Welfare Plans.
Split Plans means ABB UK Plan and the Norway Split Plans.

Examples of Split Plans in a sentence

  • For the avoidance of doubt, with respect to the Parent Plans that are Split Plans identified in Appendix C as being subject to this Section 5(h), if a participant in any such plan subsequently transfers between the Parent Group and the SpinCo Group after the Distribution Date, the Liabilities (and, if applicable, Assets) for the participant’s benefits shall not transfer as described in this Section 5(h).

  • Split Plans - R/W plan revision comes in without a revision to the access plan.

  • There’s been testimony about the process of the motion activated that accounts for the video system stopping when there’s no movement.

  • Participation in the Split Plans and the Continued Plans will be limited to OGP Employees and Transferred Employees (and, if applicable, employees of a JV Company) who are active members of the Split Plans or the Continued Plans on the Closing Date.

  • The recently established Wider Europe Initiative, a framework pro- gramme for Eastern Europe, the South Caucasus and Central Asia, is also significant.

  • For the avoidance of doubt, with respect to the Parent Plans that are Split Plans identified in Appendix C as being subject to this Section 5(g), if a participant in any such plan subsequently transfers between the Parent Group and the SpinCo Group after the Distribution Date, then the Liabilities (and, if applicable, Assets) for the participant’s benefits shall not transfer as described in this Section 5(g).

Related to Split Plans

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Option Plans has the meaning set forth in Section 2.6 below.

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Employee Plans has the meaning set forth in Section 3.14(b).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Stock Plans shall have the meaning set forth in Section 3.7.

  • Compensation Plans shall have the meaning set forth in Section 3.11(b).

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

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

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • New Plans has the meaning set forth in Section 5.5(b).

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Seller Plans has the meaning set forth in Section 3.13(a).

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Employee Benefit Plans shall have the meaning set forth in Section 3.20(a).

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Parent Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "EMPLOYEE BENEFIT PLAN," within the meaning of Section 3(3) of ERISA which is maintained, contributed to, or required to be contributed to, by Parent or any Affiliate for the benefit of any Parent Employee;