The reason is that the calculation must follow the plan as currently written; and benefit increases due to salary increases do not require the plan to be amended, while increases in fixed dollar benefits do. The result of this theoretical nicety is that plans that defined benefits in terms of...
liability or expense incurred by it); (all such moneys being herein sometimes called "Trust Moneys"), shall be held by the Trustee (or the Collateral Agent as the agent of the Trustee) for the benefit of the Holders of Securities as a part of the Collateral, shall be held in United St...
Merchant has not terminated and shall not during the Sale Term terminate any employee benefits or benefit programs. 9.2 Termination of Employees. Agent may in its discretion stop using any Retained Employee at any time during the Sale. Agent shall so notify a representative designated by Merchant ...