PLAN, THE NEW HAMPSHIRE OAK, INC. RETIREMENT PLAN, THE
WHEELABRATOR TECHNOLOGIES INC. RETIREMENT PLAN AND THE FISHER SCIENTIFIC
INTERNATIONAL INC. RETIREMENT PLAN.
SECTION 1.46
RETIREMENT BENEFIT.
"RETIREMENT BENEFIT" SHALL MEAN
EITHER THE EARLY RETIREMENT BENEFIT, THE NORMAL RETIREMENT BENEFIT, THE
DISABILITY RETIREMENT BENEFIT OR THE OPTIONAL RETIREMENT BENEFIT DESCRIBED IN
ARTICLE III.
SECTION 1.47
SEPARATION FROM THE SERVICE.
"SEPARATION FROM THE
SERVICE" OF AN EMPLOYEE SHALL MEAN HIS RESIGNATION, TREATMENT AS VOLUNTARILY
TERMINATED, DISCHARGE, NORMAL RETIREMENT, DISABILITY RETIREMENT OR EARLY
RETIREMENT FROM THE COMPANY, OR HIS DEATH.
SECTION 1.48
SEVERANCE FROM SERVICE DATE.
"SEVERANCE FROM SERVICE
DATE" SHALL MEAN THE EARLIER OF (A) THE DATE ON WHICH AN EMPLOYEE QUITS,
RETIRES, IS DISCHARGED, DIES OR IS TREATED AS VOLUNTARILY TERMINATED, (B) THE
DATE ON WHICH AN EMPLOYEE ON MILITARY LEAVE (I) VOLUNTARILY RESIGNS FROM THE
COMPANY OR (II) IN THE CASE OF AN EMPLOYEE ON MILITARY LEAVE WHO FAILS TO APPLY
FOR REEMPLOYMENT, THE DAY NEXT FOLLOWING THE LAST DAY OF THE PERIOD SPECIFIED BY
THE LAWS OF THE UNITED STATES FOR THE PRESERVATION OF SUCH EMPLOYEE'S
REEMPLOYMENT RIGHTS, (C) THE DAY NEXT FOLLOWING THE DATE OF EXPIRATION OF A
PERIOD OF EDUCATIONAL LEAVE, OR (D) THE FIRST ANNIVERSARY OF THE FIRST DATE OF A
PERIOD IN WHICH AN EMPLOYEE REMAINS ABSENT FROM SERVICE (WITH OR WITHOUT
15
PAY) FOR ANY REASON OTHER THAN QUIT, RETIREMENT, DISCHARGE, DEATH OR VOLUNTARY
TERMINATION, SUCH AS VACATION, HOLIDAY, SICKNESS, DISABILITY, LEAVE OF ABSENCE
OR LAYOFF, PROVIDED THAT (E) WITH THE PRIOR APPROVAL OF THE COMPANY, THE
SEVERANCE FROM SERVICE DATE OF AN EMPLOYEE WHO RECEIVES SALARY CONTINUATION IN
RESPECT OF TERMINATION OF EMPLOYMENT MAY BE A DATE NO EARLIER THAN THE FIRST
ANNIVERSARY, AND NO LATER THAN THE SECOND ANNIVERSARY, OF THE LAST DATE OF A
PERIOD DURING WHICH SALARY CONTINUATION IS PROVIDED.
A ONE-YEAR PERIOD OF
SEVERANCE IS A 12 CONSECUTIVE MONTH PERIOD, BEGINNING ON THE SEVERANCE FROM
SERVICE DATE, DURING WHICH THE EMPLOYEE DOES NOT PERFORM AN HOUR OF SERVICE FOR
THE EMPLOYER.
SECTION 1.49
SPINOFF.
"SPINOFF" SHALL HAVE THE MEANING ASSIGNED TO
SUCH TERM IN THE PREAMBLE TO THE PLAN.
Section 1.50A
Spouse.
For all purposes under this Plan, the terms
"spouse" and "surviving spouse" shall mean the individual recognized as an
individual's lawful husband or lawful wife under applicable federal laws.
SECTION 1.50
SOCIAL SECURITY RETIREMENT AGE.
"SOCIAL SECURITY
RETIREMENT AGE" MEANS:
(I)
AGE 65 WITH RESPECT TO ANY EMPLOYEE WHO
WAS BORN BEFORE JANUARY 1, 1938;
(II)
AGE 66 WITH RESPECT TO ANY EMPLOYEE WHO
WAS BORN AFTER DECEMBER 31, 1937 AND BEFORE JANUARY 1, 1955; AND
(III)
AGE 67 WITH RESPECT TO ANY EMPLOYEE WHO WAS
BORN AFTER DECEMBER 31, 1954.
SECTION 1.51
TRUST.
"TRUST" SHALL MEAN THE TRUST ESTABLISHED PURSUANT
TO THE TRUST AGREEMENT.
SECTION 1.52
TRUST AGREEMENT.
"TRUST AGREEMENT" SHALL MEAN THE TRUST
AGREEMENT UNDER THE PLAN AS IT MAY BE AMENDED FROM TIME TO TIME, PROVIDING FOR
THE INVESTMENT AND ADMINISTRATION OF THE TRUST FUND.
BY THIS REFERENCE THE
TRUST AGREEMENT IS INCORPORATED