Participation in Benefit Plans definition

Participation in Benefit Plans involuntary discontinuance of the Executive's participation in any officer or employee benefit plans maintained by the Corporation or Subsidiary(ies), unless such plans are discontinued by reason of law or loss of tax deductibility to the Corporation with respect to contributions to such plans, or are discontinued as a matter of policy applied equally to all participants in such plans, or
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Participation in Benefit Plans involuntary discontinuance of the Executive's participation in any officer or employee benefit plan maintained by PremierWest Bancorp or by PremierWest Bank, unless the plan is discontinued by reason of law or loss of tax deductibility to PremierWest with respect to contributions to the plan, or is discontinued as a matter of PremierWest Bancorp policy or PremierWest Bank policy applied equally to all participants in the plan,
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Participation in Benefit Plans involuntary discontinuance of the Executive's participation in any officer or employee benefit plans maintained by NewMil Bancorp, Inc. or by NewMil Bank, unless such plans are discontinued by reason of law or loss of tax deductibility to NewMil Bancorp, Inc. with respect to contributions to such plans, or are discontinued as a matter of NewMil Bancorp, Inc. policy or NewMil Bank policy applied equally to all participants in such plans,
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Examples of Participation in Benefit Plans in a sentence

  • Participation in Benefit Plans While on Leave of Absence Employees granted leave of absence without pay for a period of one (1) complete pay period or more shall, before their leave of absence commences, choose one of the following options.

Related to Participation in Benefit Plans

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Canadian Benefit Plan means any plan, fund, program, or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Canadian Loan Party or any Subsidiary of any Canadian Loan Party has any liability with respect to any employee or former employee, but excluding any Canadian Pension Plans.

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

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.19(a).