Sentences with phrase «on plan termination»

For participants already retired, the maximum guaranteed benefit is based, in part, on the retiree's age on the plan termination date or bankruptcy filing date, as applicable.

Not exact matches

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.
Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
The amendment or termination of a plan could have an adverse effect on the market price of the fund's common shares.
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and
The 1947 — 1948 Civil War in Mandatory Palestine lasted from 30 November 1947, the date of the United Nations General Assembly vote for the Part ition Plan for Palestine, [3] to the termination of the British Mandate itself on 14 May 1948.
Plans to let Holyrood decide the termination law were dropped from last week's Smith Commission on more powers at the last minute.
there is no doubting that Arsene has helped to provide us with some incredible footballing moments in the formative years of his managerial career at Arsenal, but that certainly doesn't and shouldn't mean that he has earned the right to decide when and how he should leave this club... there have been numerous managers at each of the biggest clubs in Europe throughout the last decade who have waged far more successful campaigns than ours yet somehow and someway each were given their walking papers because they failed to meet the standards laid out by the hierarchy of their respective clubs... of course that doesn't mean that clubs should simply follow the lead of others, especially if clubs of note have become too reactionary when it comes to issues of termination, for whatever reasons, but there should be some logical discourse when it comes to the setting of parameters for a changing of the guard... in the case of Arsenal, this sort of discourse was largely stifled when the higher - ups devised their sinister plan on the eve of our move to the Emirates... by giving Wenger a free pass due to supposed financial constraints he, unwittingly or not, set the bar too low... it reminds me of a landlord who says he will only rent to «professional people» to maintain a certain standard then does a complete about face when the market is lean and vacancies are up... for those who rented under the original mandate they of course feel cheated but there is little they can do, except move on, especially if the landlord clearly cares more about profitability than keeping their word... unfortunately for the lifelong fans of a football club it's not so easy to switch allegiances and frankly why should they, in most cases we have been around far longer than them... so how does one deal with such an untenable situation... do you simply shut - up and hope for the best, do you place the best interests of those with only self - serving agendas above the collective and pray that karma eventually catches up with them, do you run away with your tail between your legs and only return when things have ultimately changed, do you keep trying to find silver linings to justify your very existence, do you lower your expectations by convincing yourself it could be worse or do you stand up for what you believe in by holding people accountable for their actions, especially when every fiber of your being tells you that something is rotten in the state of Denmark
Cornachio said he devised a plan based on Singh's existing concession agreement with the town — which provided a termination fee if Singh was let go from his contract.
Queens residents will be able to meet one - on - one with MOIA representatives between 10:00 AM — 6:00 PM on those days and confidentially discuss their immigration - related issues, including possible enforcement actions and the planned termination of DACA, a federal initiative that has protected 800,000 undocumented immigrants nationwide from deportation who were brought to the United States as children.
Furthermore, the loss of access to adequate family planning and basic health services also increases reliance on traditional or harmful methods, including unsafe termination of pregnancy.
Today's Daily Briefs: Today's Daily Briefs: 7th Dragon III code: VFD and Shin Megami Tensei IV Apocalypse now available for pre-order on Amazon.de, European boxart for Dragon Quest VII: Fragments of the Forgotten Past, planning for termination of online services for Disney Infinity, latest episode of the Play Nintendo Show, and video of the Capcom Café in Japan!
On the night prior to their project's termination, they launch an unauthorized infiltration mission into Saber's mansion and steal a computer file outlining his plans for world domination.
Many teachers unions also favor getting rid of bad educators, not based strictly on test scores or the subjective judgment of principals, but through «peer review» plans which call for expert teachers to come into a school and work with struggling educators and in some cases recommend termination.
When I worked at a life insurer that was in the pension business, we would sometimes get asked to quote on business where termination of the existing plan would result in a surrender charge.
On the termination of the plan (e.g., the beneficiary ceases to qualify for the disability tax credit or dies), the funds in the RDSP are then paid to the beneficiary or his / her estate.
This adjustment is intended to increase your RRSP contribution room where the PAs previously reported on your behalf exceed your termination benefit under the pension plan.
So while my wife's LIRA was based on the capital provided at that long - ago voluntary termination from her employer's pension plan, it has of course grown tax - deferred since then: to roughly double what it was at inception but apart from reinvesting dividends and interest, no further outside injections of capital occurred.
PBGC's single - employer plan guarantee applies only to benefits earned on or before the plan termination date or the bankruptcy filing date, as applicable.
Estimated Benefit (for Single - Employer Plans only)- For a PBGC - trusteed single - employer plan, benefit payments made by PBGC or a plan administrator on or after the plan termination date and before PBGC determines the final benefit amount.
PBGC - Initiated Termination (for Single - Employer Plans only)- A termination started by PBGC of a single - employer defined benefit plan, even if a company has not filed to end the plan on its own Termination (for Single - Employer Plans only)- A termination started by PBGC of a single - employer defined benefit plan, even if a company has not filed to end the plan on its own termination started by PBGC of a single - employer defined benefit plan, even if a company has not filed to end the plan on its own initiative.
Alaska Airlines may terminate the Mileage Plan program 180 days after publishing notice of program termination on www.alaskaair.com.
It will cover termination of employment, procedures, protection for workers, compensation as well as insight and opinion on the most common difficulties employers face and any upcoming legal changes planned...
I most frequently advise on carrying out day - to - day management decisions outside the US, such as workforce planning following or in connection with acquisitions, employment terminations, establishing as an employer in a new country, implementing changes to non-US employment policies to make them consistent with one another worldwide, and executive hiring.
Our Labor & Employment attorneys provide advice and representation on a wide range of employment related matters affecting technology and emerging growth companies, including wage / hour compliance (including classification audits), handbooks, policy manuals and drug testing plans, employment and independent contractor agreements, terminations, severance plans and releases, sexual harassment training, protection of trade secrets and confidential business information, leaves of absence and return to work issues, and IP ownership and assignment issues.
Some service providers still argue the necessity of having a reciprocal termination for convenience provision on the ground that the outsourcing relationship may not work as planned and the service provider should be allowed to exit.
Advising London Fire and Emergency Planning Authority on the termination of its PFI contract for the management and maintenance of fleet and operational equipment and the implementation of an interim outsourcing solution ahead of its planned re-procurement of the service.
At the time of his termination, Waterman was entitled to a full pension under the Plan and his termination had no impact on the amount of his pension benefits.
Greg also acts for senior executives to plan and negotiate their exits from their roles, including advising on settlement agreements including enhanced termination packages, restrictive covenants, share options and LTIPs.
plan and negotiate their exits from their roles, including advising on settlement agreements including enhanced termination packages, restrictive covenants, share options and LTIPs.
She also advises employers on plan mergers and plan terminations, including the preparation of related plan amendments, resolutions, IRS filings, and employee communications.
Her practice focuses on corporate transactions, executive and equity - based compensation arrangements, and the design, qualification, administration and termination of tax - qualified retirement plans, non-qualified deferred compensation arrangements, health and welfare plans and fringe benefit packages.
Canac was not planning on paying any notice of termination to the Keenans, asserting that the company was not required to do so.
The larger firms must also «have and implement a workplace equity policy and action plan» that meets Justice's criteria; and «collect and record information on the representation and employment status of designated group members within the firm in terms of hiring, promotion, and termination in relation to other employees, and on the measures taken by the firm to achieve workplace equity goals.»
The suggestion, that in the planning context, the exercise of code rights could potentially engage the Human Rights Act 1998 may also serve to encourage those owners faced by operators threatening either to acquire a site or to retain a site on termination of a site agreement.
A business plan built solely on the «best case scenario» is like a house of cards — one gust of wind (or fire or wrongful termination lawsuit) and the entire business can come crashing down.
Policy termination or Surrender Benefits: On completion of 1 year of premium payment, a surrender value gets enabled in the plan with premium payment term less than 10 years.
Commute up to one - third of the benefit amount available on the termination of the policy, or to the extent allowed under the Income Tax Act, and utilize the balance amount to purchase an immediate annuity plan offered by ICICI Prudential at the then prevailing annuity rate
Policy termination or Surrender Benefit: On completion of 5 years the plan enables a surrender value with its plan.
Policy Termination or Surrender Benefit: On completion of 3 years with Save Assure plan, a surrender value gets enabled.
Policy termination or Surrender Benefit: Surrender Value is only applicable under Single Pay plans where the Surrender ranges from 60 % -100 % depending on the year of surrender.
As per IRDA's guidelines on maternity benefits, a plan covers hospitalization expenses, post-childbirth, medical termination of pregnancy and pre / post-natal costs.
Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy form the second year onwards and the Surrender Value depends up on the plan option chosen
Policy Termination or Surrender Benefit: On completion of 2 years with the plan a surrender value gets enabled.
Policy Termination or Surrender Benefit: On completing 5 year tenure with the plan it automatically enables a surrender value over it.
As a with - profit endowment assurance plan the policy accumulate profit made by LIC through the final additional bonus and simple reversionary bonus and these add - on bonuses are paid out at the termination of the maturity period.
\ nA renewable policy allows the policyowner to renew the coverage simply by paying additional premiums before the termination date without having to provide evidence of insurability (i.e. proving good health) Note: most insurance providers limit the number of times you can renew such a policy or set an age limit for renewals so make sure to pay attention to this when shopping for term life insurance if you plan on renewing your policy for some time.
Depending on your plan, Verizon may charge you an early termination fee.
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