Supplemental Savings Plan definition

Supplemental Savings Plan means the DTE Energy Company Supplemental Savings Plan (nonqualified 401(k) plan).
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Supplemental Savings Plan means the American Electric Power System Supplemental Retirement Savings Plan, as amended from time to time.
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Examples of Supplemental Savings Plan in a sentence

  • No Participant shall have any beneficial interest in any specific assets that the Company may hold or set aside in connection with this Supplemental Savings Plan.

  • No member of the Committee or officer of the Company who is a Participant hereunder may participate in any decision specifically relating to his or her individual rights or benefits under the Supplemental Savings Plan.

  • The Company’s liability to pay benefits to a Participant or Beneficiary under this Supplemental Savings Plan shall be measured by and shall in no event exceed the Participant’s Account Balance, which shall be fully vested and nonforfeitable at all times.

  • Notwithstanding the foregoing, to assist the Company in meeting its obligations under this Supplemental Savings Plan, the Company may set aside assets in a trust or trusts described in Revenue Procedure 92-64, 1992-2 C.B. 422 (generally known as a “rabbi trust”), and the Company may direct that its obligations under this Supplemental Savings Plan be satisfied by payments out of such trust or trusts.

  • This Supplemental Savings Plan constitutes a mere contractual promise by the Company to make payments in the future, and each Participant’s rights shall be those of a general, unsecured creditor of the Company.

  • The Board or its authorized delegate may amend, modify, suspend or discontinue this Supplemental Savings Plan at any time subject to any shareholder approval that may be required under applicable law, provided, however, that no such amendment shall have the effect of reducing a Participant’s Account Balance or postponing the time when a Participant is entitled to receive a distribution of his or her Account Balance.

  • It is the Company’s intention that this Supplemental Savings Plan be unfunded for Federal income tax purposes and for purposes of Title I of the Employee Retirement Income Security Act of 1974.

  • An Eligible Employee who has elected to make a deferral for a Year under this Supplemental Savings Plan shall be precluded from modifying his or her rate of contributions to the Qualified Savings Plan for that Year after the date on which his or her Deferral Agreement for that Year (including any continuing Deferral Agreement) has become irrevocable under Section 1 of this Article III.

  • Promptly following the execution of this Agreement, the Company shall establish a nonqualified Supplemental Savings Plan which provides benefits that the Executive would have otherwise accrued under Tidewater's Supplemental Savings Plan but for the limitations imposed under Section 415 of the Internal Revenue Code of 1986, as amended (the "Code").

  • If you incur a Separation from Service with the Company, any amounts deferred by or on your behalf under the Company’s Deferred Compensation Plan, the Supplemental Savings Plan or the Supplemental Pension Plan, if applicable, will be paid in accordance with the terms of such plans.


More Definitions of Supplemental Savings Plan

Supplemental Savings Plan means The PNC Financial Services Group, Inc. Supplemental Incentive Savings Plan; provided, however, that no amendment or termination of such plan, during a Coverage Period or after the Date of Termination, that adversely affects the administration or payment of Executive’s benefits thereunder shall be given effect for purposes of the Agreement without the written consent of Executive.
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Supplemental Savings Plan means the Crown Central Petroleum Employees Supplemental Savings Plan, as amended from time to time.
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Supplemental Savings Plan means the Coca-Cola Enterprises, Inc. Supplemental Savings Plan.
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Supplemental Savings Plan as defined in Section 5.1.4.
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Supplemental Savings Plan means the Supplemental Savings Plan of General Mills, Inc., under which certain employees of General Mills, Inc. or one of its affiliates had an account balance as of the Effective Date, which liabilities were transferred to this Plan as of the Effective Date, or, with respect to individuals who became employees of the Company after the Effective Date, but before the one-year anniversary of the Effective Date, on said one-year anniversary of the Effective Date.-3-
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Related to Supplemental Savings Plan

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Health benefits plan means a benefits plan which pays or

  • Qualified Plan means a Benefit Arrangement that is intended to be tax-qualified under Section 401(a) of the Internal Revenue Code.