Sponsoring Employers definition

Sponsoring Employers means the Company and each Subsidiary that has been designated by the Committee as a Sponsoring Employer under the Plan.
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Sponsoring Employers means the Company and each Subsidiary that has been designated by the Compensation Committee as a Sponsoring Employer under the ESPP.
Sample 1Sample 2Sample 3

Examples of Sponsoring Employers in a sentence

  • All Plan benefits are paid by the Sponsoring Employers and no Participant contributions are required.

  • The Plan is an unfunded plan administered by the Plan Administrator and the Sponsoring Employers.

  • The Sponsoring Employer's amendment of the Plan from one type of defined contribution plan (e.g., a money purchase plan) into another type of defined contribution plan (e.g., a profit sharing plan) will not result in a partial termination or any other event that would require full Vesting of some or all Plan Participants.

  • A transfer into or from this Plan pursuant to this Section is only permitted if the Participant is ineligible to actively participate at the same time in the Sponsoring Employer's (or an Adopting Employer's) plan from which the transfer is being made (the transferor plan) and the Sponsoring Employer's (or an Adopting Employer's) plan into which the transfer is being made (the transferee plan).

  • The Sponsoring Employers may elect in the adoption agreement to utilize one of these definitions for any or all Plan Years beginning prior to January 1, 1992.

  • Eligibility for participation in the Transfer Plan shall be limited to active, regular full time employees of the Sponsoring Employers who are represented for purposes of collective bargaining by one of the Participating Unions.

  • Any key executive (including officers who may also be directors) of Bancorp and the Sponsoring Employers who is a member of a select group of management or highly compensated employees shall be eligible to participate in this Plan.

  • Qualified employees in the surplus groups shall have the opportunity to voluntarily transfer to job openings for which they are qualified at any of the other Sponsoring Employers.

  • The Company and the Sponsoring Employers will bear the cost of administering the ESPP, including any fees, costs and expenses relating to the purchase of shares of Common Stock under the ESPP.

  • If the Sponsoring Employer elects a discretionary formula in Section 6.1(a) of the 401(k) Plan Adoption Agreement (standardized or non-standardized), the Sponsoring Employer's discretion in establishing formula for any Allocation Period includes, but is not limited to, establishing a tiered or non-tiered formula, as well as establishing a maximum****.

Related to Sponsoring Employers

  • Plan Sponsor means an employer, trustee, trade union or association or a combination of them that establishes a capital accumulation plan, and includes a plan service provider to the extent that the plan sponsor has delegated its responsibilities to the plan service provider; and

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • The Employer or “The Purchaser” means the "Registrar General, High Court of Madhya Pradesh, Jabalpur" and the "District Judge" of the District Courts.

  • Eligible employer means an employer that:

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Large employer means, in connection with a group health plan or health insurance coverage with

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Plan Manager means Investec Bank plc which is authorised by the PRA and regulated by the FCA and the PRA and bound by its rules.

  • Employers means the Company and/or any of its subsidiaries (now in existence or hereafter formed or acquired) that have been selected by the Board to participate in the Plan and have adopted the Plan as a sponsor.

  • Related Employer means the Employer and (a) any corporation that is a member of a controlled group of corporations as defined in Code Section 414(b) that includes the Employer and (b) any trade or business that is under common control as defined in Code Section 414(c) that includes the Employer.

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Affiliated Employer means any corporation which is a member of a controlled group of corporations (as defined in Code Section 414(b)) which includes the Employer; any trade or business (whether or not incorporated) which is under common control (as defined in Code Section 414(c)) with the Employer; any organization (whether or not incorporated) which is a member of an affiliated service group (as defined in Code Section 414(m)) which includes the Employer; and any other entity required to be aggregated with the Employer pursuant to Regulations under Code Section 414(o).

  • Plan Administrator means the plan administrator described in Article 8.

  • Employer as defined in Section 3(5) of ERISA.

  • School employer means a board of school directors, the

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the Plan.

  • Small employer carrier means any carrier that offers health benefit plans covering eligible employees of one or more small employers in this state.

  • Public employer means the State of Oregon, and the following political subdivisions:

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • Managing Employee means a general manager, business manager, administrator, director, or other individual who exercises operational or managerial control over, or who directly or indirectly conducts the day-to-day operation of an institution, organization, agency or business entity;

  • Pharmacy benefits manager means a person that performs pharmacy benefits management.

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • Pharmacy benefit manager means a person, business or other

  • Client employer means an Employer that is involved in a Tri-Party Employment Relationship due to obtaining the services of a third-party entity.