Plan to Control Sample Clauses

Plan to Control. The Plan is incorporated in this Agreement by this reference. Any question of interpretation or application of the Plan or this Agreement shall be resolved by the Compensation Committee and its determination shall be final and binding on the Corporation and Employee. In the event of any conflict between the provisions of the Plan and of this Agreement, the Plan shall control. Employee hereby acknowledges receipt of a copy of the Plan.
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Plan to Control. The terms contained in the Plan are incorporated into and made a part of this Option Agreement and this Option Agreement shall be governed by and construed in accordance with the Plan. In the event of any actual or alleged conflict between the provisions of the Plan and the provisions of this Option Agreement, the provisions of the Plan shall be controlling and determinative.
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Plan to Control. In the event of any conflict between provisions of this Plan and the terms of any policy or contract, the provisions of this Plan will control. THE SALE OF LIFE INSURANCE CONTRACTS TO THIS PLAN: The following restrictions will apply to the sale, transfer, or exchange of an individual life insurance contract to this Plan from the Participant on whose life the contract is issued or from the Employer: The Plan must pay, transfer, or otherwise exchange no more than the lesser of: 156. the cash value of the contract; or 157. the value of the Participant's vested Account balance. The sale, transfer, or exchange must not involve any contract that is subject to a mortgage or similar lien that this Plan assumes. The sale, transfer, or exchange must not contravene any provision of this Plan and Trust or the statutory prohibited transaction rules. TOP-HEAVY PROVISIONS TOP-HEAVY DETERMINATION: If the Plan is or becomes top-heavy in any Plan Year, the provisions of this Article 14 will supersede any conflicting provisions in the Plan or the Adoption Agreement. This Plan is top-heavy if any of the following conditions exist: If the top-heavy ratio for this Plan exceeds 60 percent and this Plan is not part of any Required Aggregation Group or Permissive Aggregation Group of plans. If this Plan is a part of a Required Aggregation Group of plans but not part of a Permissive Aggregation Group and the top-heavy ratio for the group exceeds 60 percent. If this Plan is a part of a Required Aggregation Group and part of a Permissive Aggregation Group of plans and the top-heavy ratio for the Permissive Aggregation Group exceeds 60 percent. TOP-HEAVY RATIO: If the Employer maintains one or more defined contribution plans (including any simplified employee pension plan) and the Employer has not maintained any defined benefit plan that, during the five-year period ending on the Determination Date, has or has had accrued benefits, the top-heavy ratio for this Plan alone (or for the required or Permissive Aggregation Group, as appropriate) is a fraction, the numerator of which is the sum of the Account balances if all Key Employees as of the Determination Date (including any part of any Account balance distributed in the five-year period ending on the Determination Date), and the denominator of which is the sum of all Account balances (including any part of any Account balance distributed in the five-year period ending on the Determination Date), both computed in accordance with Code ...
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Plan to Control. Notwithstanding anything in this Agreement to the contrary, the Debtors are not, and shall not be deemed to be, releasing any rights any of them otherwise has under the Plan. In the event of any conflict or inconsistency between the terms of this Agreement and the terms of the Plan, the terms of the Plan shall control. [SIGNATURES APPEAR ON FOLLOWING PAGES.]
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Plan to Control. 91 13.4 THE SALE OF LIFE INSURANCE CONTRACTS TO THIS PLAN: .....................................................92
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Plan to Control. Notwithstanding anything in this Agreement to the contrary, the Debtors are not, and shall not be deemed to be, releasing any rights any of them otherwise has under the Plan. In the event of any conflict or inconsistency between the terms of this Agreement and the terms of the Plan, the terms of the Plan shall control. [SIGNATURES APPEAR ON FOLLOWING PAGES.]
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Related to Plan to Control

  • Payment to Contractor The TOWN agrees to pay at the rates specified for SERVICES satisfactorily performed in accordance with this contract. Unless otherwise specified, the CONTRACTOR shall submit an itemized invoice to the TOWN by the end of the month during which SERVICES are performed. Payment will be processed promptly upon receipt and approval by the TOWN of the invoice.

  • Compensation to Contractor The terms related to the price of the goods and/or services to be provided under this Agreement and the terms of payment to the Contractor are described in more detail in Attachment “B” to this Agreement: Price and Payment Information.

  • Freedom to Contract The Executive represents that he is free to enter into this Agreement and carry out his obligations hereunder without any conflict with any prior agreements, and that he has not made and will not make any agreement in conflict with this Agreement.

  • Payment to Consultant Upon receipt of a properly prepared invoice and confirmation that the Required Services detailed in the invoice have been satisfactorily performed, City shall pay Consultant for the invoice amount within thirty (30) days. Payment shall be made in accordance with the terms and conditions set forth in Exhibit A and section 2.4, below. At City’s discretion, invoices not timely submitted may be subject to a penalty of up to five percent (5%) of the amount invoiced.

  • RIGHT TO CONTINUED EMPLOYMENT Nothing in the Plan or this Agreement shall confer on you any right to continue in the employ of the Company or any subsidiary or affiliate of the Company or any specific position or level of employment with the Company or any subsidiary or affiliate of the Company or affect in any way the right of the Employer to terminate your employment without prior notice at any time for any reason or no reason.