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In 1997 Tosco acquires Unocal did the agreement include the transfer of the employees retirement plan?
No. However, when Union Oil Company of California sold the west coast refining and marketing operations to Tosco, additional terms and conditions were agreed to by Tosco. As far as the Unocal Retirement Plan, employees retirement plan account balances were not transferred to Tosco. Employess who had any balances were frozen on the date of transfer to Tosco, not including 401(k) balances. Former employees of Union Oil who were eligible to participate in or were already participating in the Unocal Retirement Plan would have received notification from Union Oil as to their options. The plan is now administered by Chevron who merged with Union Oil and Unocal in August 2005. You may wish to broaden your question, as their were some specific exceptions for those covered by a bargaining agent/agreement.
What else can I help you with?
When was The Transfer Agreement created?
The Transfer Agreement was created in 1984.
What is the ISBN of The Transfer Agreement?
The ISBN of The Transfer Agreement is 0914153137.
How many pages does The Transfer Agreement have?
The Transfer Agreement has 194 pages.
How can someone transfer retirement benefits from California to Virginia?
You would have to contact the trustee of your retirement plan and make the correct plan that will be most beneficial to you to transfer your retirement benefits from California to Virginia and of course make sure that the plan will allow the direct transfer of the retirement benefits from one trustee and that the other trustee will accept the direct transfer of the funds.
What happens when a company switches 401k providers?
When a company switches 401k providers, employees may need to update their account information and investment choices with the new provider. The company will work with the new provider to transfer existing funds and ensure a smooth transition for employees' retirement savings.
Can Taco Bell corp force an employee to transfer?
Generally, Taco Bell Corporation can require an employee to transfer if it's consistent with company policy and the employee's employment agreement. However, such a transfer must comply with labor laws and regulations, and employees may have rights regarding relocation or transfers, especially if they involve significant changes in job conditions. It's important for employees to review their contracts and consult with HR or legal counsel if they have concerns.
Transfer for the purpose of capital gain?
where a company wishes to enter into a merger or an acquisition, with another company with the intention of increasing its share capital that is mainly the meaning for transfer for the purpose of capital gain. the company acquires the capital of the company it acquires as well. You have certain exceptions to this core definition though, for example in the case of a demerger, when a demerged company transfers its capital asset that shall not be called a transfer for the purpose of capital gain.
How do you make agreement on technology transfer?
You involve experienced lawyers. Technology transfer can be very complicated, and it's important for the long-term benefit of both parties that the agreement be fairly balanced.
Can I transfer my pension to an IRA?
Yes, you can transfer your pension to an Individual Retirement Account (IRA) through a process called a pension rollover.
Can fedex office kinkos employees transfer to fedex jobs?
I know fedex employees can transfer to fedex office positions. So I don't see why not the other way around.
How to transfer copyright ownership from one party to another?
To transfer copyright ownership from one party to another, a written agreement must be signed by both parties. This agreement should clearly state the details of the transfer, including the specific rights being transferred and any conditions or limitations. The agreement should also be recorded with the U.S. Copyright Office to make the transfer legally binding.
What is difference between deed of transfer and agreement for sale?
A deed transfer is where under a contract of sale of property in goods is transferred from the seller to the buyer while agreement for sale is where transfer of property is to take place at a future time or is subject to some conditions to be fulfilled latter.
