Terminate the Plan definition

Terminate the Plan. , “Termination of the Plan” shall mean a determination by an Employer’s board of directors that (i) all of its Participants shall no longer be eligible to participate in the Plan, (ii) all deferral elections for such Participants shall terminate, and (iii) such Participants shall no longer be eligible to receive company contributions under this Plan.
Terminate the Plan or “Termination of the Plan” shall mean a determination by the Committee that all Participants shall no longer be eligible to participate in the Plan and that Participants shall no longer be eligible to receive Company contributions under this Plan.
Terminate the Plan. , "Termination of the Plan" shall mean a determination by an Employer's board of directors that (i) all of its Participants shall no longer be eligible to participate in the Plan,

Examples of Terminate the Plan in a sentence

  • If there is no such action to Terminate the Plan of Reorganization, the Deposit Amount shall be returned to Paradigm.

  • Right of the Company to Terminate the Plan or Discontinue Contributions The Company has established the Plan as a permanent plan with the bona fide intention and expectation that from year to year it will be able to and will deem it advisable to continue it in effect and to make contributions as herein provided.

  • The Employer expects and intends to continue the Plan indefinitely, but reserves the right to Terminate the Plan at any time.


More Definitions of Terminate the Plan

Terminate the Plan. , "Termination of the Plan" shall mean a determination that (i) all Participants (or all Participants of one or more Employers) shall no longer be eligible to participate in the Plan, (ii) all deferral elections for such Participants shall terminate, and (iii) such Participants shall no longer be eligible to receive Employer contributions under this Plan.
Terminate the Plan. , “Termination of the Plan” shall mean the earlier of (i) the date the Plan terminates under Section 11.1 hereof, or (ii) a determination by the Board that (a) all Participants shall no longer be eligible to participate in the Plan, (b) all deferral elections for such Participants shall terminate and (c) such Participants shall no longer be eligible to receive Company contributions under this Plan.
Terminate the Plan. , “Termination of the Plan” shall mean the earlier of (A) the date the Plan automatically terminates under Section 12.1, or (B) a determination by an Employer’s board of directors that (i) all of its Participants shall no longer be eligible to participate in the Plan, (ii) no new deferral elections for such Participants shall be
Terminate the Plan or “Termination of the Plan” shall mean a determination by the Board to terminate and liquidate the Plan in accordance with Section 11.1.
Terminate the Plan. , “Termination of the Plan” shall mean a determination by the Board that no new deferral elections for the Participant shall be permitted, and that the Participant shall no longer be eligible to receive company contributions under this Plan.
Terminate the Plan or “Termination of the Plan” shall mean a determination by the Board that (i) all Participants shall no longer be eligible to participate in the Plan, (ii) no new deferral elections for such Participants shall be permitted, and (iii) such Participants shall no longer be eligible to be credited with any contributions under this Plan.