(Ross, Nancy) (Entered: 02/25/2016), ATTORNEY Appearance for Plaintiffs Alan K Carlson, Peter DeLuca by Alexis Elizabeth Pool (Pool, Alexis) (Entered: 03/01/2016), WITHDRAWING Rebecca K. Bryant as counsel for Plaintiffs Alan K Carlson, Peter DeLuca and substituting Alexis Elizabeth Pool as counsel of record (Pool, Alexis) (Entered: 03/01/2016), MINUTE entry before the Honorable Andrea R. Wood: Status hearing set for 3/31/2016 is stricken and reset for 4/14/2016 at 9:00 AM. The continued failure by the Officer to devote reasonable time and effort This Plan shall become effective March 1, 2004 (the "Effective Date"). NO RT H RO P G RUM M AN S AVI NG S P L AN. Judge OKs class action vs Northrop Grumman over severance pay for laid Computation Mailed notice (lp, ) (Entered: 04/07/2014), Defendants' ANSWER to Complaint by Northrop Grumman Corporation, Northrop Grumman Severance Plan(Myler, Sam) (Entered: 04/14/2014), MINUTE entry before the Honorable Maria Valdez: Magistrate Judge Status hearing held on 4/15/2014 and continued to 5/20/2014 at 10:00 AM. Signed by Honorable Andrea R. Wood on 12/27/2013. claim or charge); (11)to claims that cannot lawfully be released; (12)to any Mr.Doe acknowledges and MARCH 2004 CHANGE-IN-CONTROL SEVERANCE PLAN. If the claim is denied, in whole or in part, on appeal the claimant will receive a written response which will include (i)the reason(s) for the denial, (ii)references to the specific Plan provisions on which the denial is based, (iii)a statement that the claimant is entitled to receive, upon request and free of charge, copies of all documents and other information relevant to the claim on appeal, and (iv)a description of the Plans claims and appeals procedures. Average Northrop Grumman hourly pay ranges from approximately $19.00 per hour for Production Controller to $80.00 per hour for Senior Business Consultant. Each Participant may designate one or more In the meantime, discovery may proceed. The Court granted Plaintiff's motion to amend their Complaint to assert class allegations on June 26, 2014. otherwise) of all or substantially all of the business and/or assets of the Company or of any division or subsidiary thereof (the business and/or assets of which constitute at least fifty percent (50%) of the total business and/or assets of the Northrop Grumman Agrees to Settle 401(k) Excessive Fee Suit receives any benefit under any severance plan, such benefit shall cause a corresponding reduction Termination for Retirement or Death. The Committee shall consider a days. will terminate at the end of the term then in progress; provided, however, that this provision for automatic extension shall have no application following a Change in Control. Plaintiffs reply to motion to compel 131 shall be filed by 10/3/2016. continuation coverage contemplated by this Section 4.4(d). enter into this Agreement. (Myler, Sam) (Entered: 04/23/2013), MINUTE entry before Honorable Joan H. Lefkow:Defendants' agreed motion for extension of time to 5/17/2013 to answer or otherwise plead 8 is granted. in Control occurs, it shall only be considered a Change in Control under this Plan if it occurs no later than twenty-four (24) months after the immediately preceding Change in Control or Subsequent Change in Control. Successors to the Company. Mailed notice (ef, ) (Entered: 01/05/2017), EXHIBIT by Defendants Northrop Grumman Corporation, Northrop Grumman Severance Plan Corrected Exhibit A - Adoption of Northrop Grumman Severance Plan regarding Rule 56 statement,,,, 166 (Ross, Nancy) (Entered: 01/05/2017), EXHIBIT by Defendants Northrop Grumman Corporation, Northrop Grumman Severance Plan Corrected Exhibit B - Northrop Grumman Severance Plan dated June 1, 2010 regarding Rule 56 statement,,,, 166 (Ross, Nancy) (Entered: 01/05/2017), MINUTE entry before the Honorable Andrea R. Wood: Pursuant to the briefing schedule set in the Court's minute order 152, the motion presentment date of 1/10/2017 is stricken. If no common name remains on the lists of the parties, the Tribunal shall furnish an additional list or lists until an arbitrator is selected. Without limitation on the foregoing provisions of this Section 6.4, and to the extent its actions do not unreasonably interfere with or prejudice the Participants disputes with the Taxing Authority as to other issues, the 11 is granted as to Plaintiff's state law claims for breach of contract. Benefits under the Plan are subject to the Companys sole discretion and approval. March 31, 2018. Definitions. All amounts payable by the Company hereunder shall be paid without notice or demand. The Participant shall also be entitled to an additional two (2) years of age and service to count towards eligibility under one or more of the Company retiree medical programs for which the Participant would A status hearing will be set at a later date. Thumbnails Document Outline Attachments Layers. To help the Court learn about the case, counsel for the parties shall confer and then prepare and file a joint Reassignment Status Report, not to exceed five pages, within 14 days of the entry of this Order. (January 1st) to the Officers date of termination. excise taxes), interest, penalties and additions to tax imposed with respect to such advance or with respect to any imputed income with respect to such advance, as any such amounts are incurred; and, further, provided, that any extension of the 4.5. v. Northrop Grumman Severance . Lockheed Martin Corporation wishes to revise the Lockheed Martin Corporation Executive Severance Plan (the "Plan") to reflect certain changes to severance benefits available under the Plan and to make certain clarifications. Status hearing set for 8/25/2016 at 9:00 AM. 2 Assumes a 4.25% discount rate for 2019 and 2020, 2018 plan asset return of 0% . on the Effective Date and shall continue in effect through February 28, 2007. 1.409A-3(i)(1)(iv): In the event the preceding sentence applies and the Officer is a Key Employee, provision of these Carlson et al v. Northrop Grumman Severance Plan et al, No. 1 Whole words. the Participant shall be entitled to settle or contest, as the case may be, any other issue. Pro Rata Bonus for 2010.A severance payment equal to a pro rata portion of the bonus Mr. Cameron would have received for the 2010 performance year pursuant to the terms of the Company's annual incentive plan in which Mr. Cameron participates, in addition to the lump-sum cash severance Judge shoots down class action vs Northrop Grumman over alleged 9.2. any provision of this Plan, and the obtaining of any such other employment shall in no event effect any reduction of the Companys obligations to make the payments and arrangements required to be made under this Plan, except to the extent Benefits under the Plan are subject to the Companys sole discretion and approval. agree as follows: 9.1. Appointed Officers (the Severance Plan). This response will include (i)the reason(s) for the denial, (ii)reference(s) to the specific Plan provisions on which denial is based, (iii)a description of any additional information necessary to perfect the claim, and (iv)a description of the Plans claims and appeals procedures. Beneficiaries. Plaintiffs may file a response to Defendants' motion to strike by 1/27/2016. Their determinations and actions will be conclusive and binding on all persons, and no determination or action will be modified by a court unless the determination or action is proven to be arbitrary or capricious. Gender and Number. Jan 30, 2017. (Hettinger, Kira) (Entered: 11/23/2016), MINUTE entry before the Honorable Andrea R. Wood: Plaintiffs' Unopposed Motion to Reset Class Certification Deadlines 149 is granted. may have with respect to his existing equity grants under the Companys Long Term Mission Plan Analysis Engineer at Northrop Grumman | The Muse Any claimant must pursue all claims and appeals procedures described in the Plan document before seeking any other legal recourse with respect to Plan benefits. Participants may make or change such designation at any time, provided that any designation or change thereto must Mailed notice (ef, ) (Entered: 06/09/2017). 4.6. Participant who is recognized in the field of executive compensation and has experience with respect to the calculation of the Excise Tax; provided that the Company must approve the Participants selection, which approval shall not be (Hettinger, Kira) (Entered: 01/04/2017), MOTION by Plaintiffs Alan K Carlson, Peter DeLuca to certify class Responses due by 2/3/2017 (Barton, Robert) (Entered: 01/04/2017), MEMORANDUM by Alan K Carlson, Peter DeLuca in support of motion to certify class 160 (Attachments: # 1 Exhibit Index of Exhibits)(Barton, Robert) (Entered: 01/04/2017), DECLARATION of R. Joseph Barton regarding motion to certify class 160 (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Exhibit D, # 5 Exhibit E, # 6 Exhibit F, # 7 Exhibit G, # 8 Exhibit H, # 9 Exhibit I, # 10 Exhibit J, # 11 Exhibit K, # 12 Exhibit L, # 13 Exhibit M, # 14 Exhibit N, # 15 Exhibit O, # 16 Exhibit P, # 17 Exhibit Q, # 18 Exhibit Z, # 19 Exhibit AA, # 20 Exhibit BB)(Barton, Robert) (Entered: 01/04/2017), DECLARATION of Alan Carlson regarding motion to certify class 160 (Attachments: # 1 Exhibit R, # 2 Exhibit T, # 3 Exhibit V, # 4 Exhibit X)(Barton, Robert) (Entered: 01/04/2017), DECLARATION of Peter DeLuca regarding motion to certify class 160 (Attachments: # 1 Exhibit S, # 2 Exhibit U, # 3 Exhibit W, # 4 Exhibit Y)(Barton, Robert) (Entered: 01/04/2017), DECLARATION of Michael Bartolic regarding motion to certify class 160 (Barton, Robert) (Entered: 01/04/2017), RULE 56.1 Statement of Undisputed Material Facts in Support of their Motion for Partial Summary Judgment on the Standard of Review. (eg,). employment agreement), breach of the implied covenant of good faith and fair dealing, Parties shall deliver a copy of an initial status report, to Judge Valdez's Courtroom Deputy, Lisa Provine, Room 1036, four business days before the initial status hearing. (Bartolic, Michael) (Entered: 10/22/2014), NOTICE of Motion by Michael Bartolic for presentment of motion to certify class 63 before Honorable Maria Valdez on 10/30/2014 at 10:15 AM. in which such Subsequent Change in Control occurred; or (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to Participants; provided, however, that if a Subsequent Change provide him or her with the following: A continuation of the Participants medical coverage, dental coverage, and group term life insurance for the Participant, his spouse, and his eligible Federal Question, COMPLAINT filed by Alan K Carlson, Peter DeLuca; Jury Demand. (Cheng, Vincent) (Entered: 06/05/2017), MINUTE entry before the Honorable Andrea R. Wood: Motion and Status hearing held. (January 1) to Mr.Does Separation Date. this Agreement, and that this Release extinguishes all known and unknown claims. (td, ) (Entered: 01/02/2014), MINUTE entry before the Honorable Maria Valdez: Initial status hearing is set before Magistrate Judge Maria Valdez on 2/4/2014 at 10:00 a.m., in Courtroom 1041. Inquiries should be directed to the courtroom deputy before the motion is filed. Mailed notice(ef, ) (Entered: 11/16/2016), MOTION by Plaintiffs Alan K Carlson, Peter DeLuca Unopposed Motion to Reset Class Certification Deadlines (Hettinger, Kira) (Entered: 11/22/2016), NOTICE by Alan K Carlson, Peter DeLuca of Unopposed Motion to Reset Class Certfication Deadlines (Hettinger, Kira) (Entered: 11/22/2016), NOTICE of Motion by Kira Layne-Schwabe Hettinger for presentment of motion for miscellaneous relief 149 before Honorable Andrea R. Wood on 11/30/2016 at 09:00 AM. Such claim shall be delivered to the Committee care of the Company in accordance with government administrative agency (although Mr.Doe is releasing any rights he may Mailed notice (lp, ) (Entered: 01/24/2014), MINUTE entry before the Honorable Maria Valdez: Magistrate Judge Status hearing held on 2/4/2014. 4.2. $86,004 per year. Mailed notice (ef, ) (Entered: 05/16/2017), MOTION by Attorney Abigail Bartine to withdraw as attorney for Northrop Grumman Corporation, Northrop Grumman Severance Plan. By accepting participation in this Plan and again by receiving any benefits provided for by this Plan, each Participant shall be deemed to, and does, terms and conditions of the Agreement to anyone other than his spouse, domestic Pension Plans; Duplicate Benefits. 2018-2020 Pension Accounting Update (Excluding MTM Adjustments) 1 Assumes a 4.18% discount rate for 2019 and 2020, 2018 plan asset return of 0%, and an 8% expected long-term rate of return for all years presented, subject to change depending upon actual results. receive the greatest net benefit required pursuant to Section 6.1, the Company shall reimburse the Participant as provided herein for the full amount required to place the Participant in after-tax position required pursuant to Section 6.1. Enter order. Mailed notice. Subject to the terms of this Plan, the Committee or its delegate may, from time to time select from all eligible employees those who shall participate in this Plan. the claim and the date by which the Plan expects to render the decision. Establishment, Term, and Purpose 1.1. The Court will set a date for a reassignment status conference by separate order. Alan Carlson, et al v. Northrop Grumman Severance Plan, et al a Termination for Cause, the Officer will not receive benefits under this Plan. If you are a member of the proposed class or you have information which might assist us in the prosecution of these allegations, please contact one of the following persons: R. Joseph Barton, Esq. 2, # 8 Exhibit 8 Proposed FAC Ex. This Plan establishes and vests in each Participant a Appellees' brief due on or before 09/14/2022 for Northrop Grumman Corporation and Northrop Grumman Severance Plan. Establishment of the Plan. information necessary to perfect the claim, and (iv)a description of the Plans claims and appeals this Section 4(c) will be paid when the annual bonuses are paid to active employees Retirement plan's administrative committee had no fiduciary duty to enforce terms of summary plan document (Goodwin, J.) However, nothing herein contained shall require or be deemed to require, or prohibit or be deemed to prohibit, the Company to segregate, earmark, or otherwise set aside any funds or other this requirement. entitlement to Medicare benefits) to the maximum extent permissible under relevant law. contemplated by this Section 4.4(d) shall be coordinated with and paid secondary to any benefits that the Participant, his spouse, or his dependent receives from another employer or from Medicare (following the Participants, his spouses, With respect to claims made upon and after the occurrence of a Change in Control, the Claimant may proceed directly to arbitration in accordance with Section 9.4 and need not first satisfy the foregoing provisions of this Article 9. The continuation of coverage for the period Mailed notice (lp, ) (Entered: 03/31/2014), MEMORANDUM Opinion and Order Signed by the Honorable Maria Valdez on 3/31/2014: Mailed notice (lp, ) (Entered: 03/31/2014), MINUTE entry before the Honorable Maria Valdez: Status hearing set for 4/15/2014 at 10:00 AM. In the Notification of Decision. Regular contributions are then made by the Employer, the Participant, or both. Arbitration of Claims. Mailed notice (ao,) (Entered: 03/30/2016), MINUTE entry before the Honorable Andrea R. Wood: Status hearing held. The following benefits shall apply for purposes of the Companys Chief Executive Officer: The following benefits shall apply for purposes of eligible Officers (other than the Companys includes claims which he did not know of or suspect to exist at the time he signed Defendants shall serve supplemental responses to Plaintiffs discovery requests by 11/14/2016. 13-cv-02635 Judge Andrea R. Wood MEMORANDUM OPINION AND ORDER Plaintiffs Alan Carlson and Peter DeLuca claim that when they were terminated from their long-time employment with Northrop Grumman Technical Services, Inc., they were denied . court having proper jurisdiction. The Court adopts the discovery schedule proposed in the parties' Joint Modified Discovery Schedule 134 . between February15 and March15 of the year following termination. Northrop's current price earnings ratio is $29.89 per dollar of earnings; meaning that investors are willing to pay $29.89 per dollar of the earnings. (2) any fiduciaries or other persons who had any decision making or administrative authority with respect to the Plan and the members of the immediate family of any such person. Northrop Grumman 401k match Employees can contribute 1% to 75% of their eligible pay to their 401(k) plan, and receive 4% to 7% matching depending on the date when they were hired. Plaintiffs reply to motion to compel 131 shall be filed by 10/7/2016. No health or welfare Defendants shall respond by 12/12/2016 and Plaintiffs shall reply by 1/12/2017. Termination for Total and Permanent Disability. for the longer of: (i) twenty-four (24) months beyond the month in which such Change in Control occurred; or (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to dependents for the two (2) years following the Participants Effective Date of Termination; provided that such continuation of coverage shall run concurrently with COBRA continuation or similar state law continuation periods; and provided Plan. assets, in trust or otherwise, to provide for any payments to be made or required hereunder. 2 Amended Subclasses Certified In ERISA Suit Over Changed Severance (Bartolic, Michael) (Entered: 09/29/2016), MINUTE entry before the Honorable Andrea R. Wood: Plaintiffs' Unopposed Motion for extension of time 137 is granted. injurious to the Company, monetarily or otherwise, or. Salary information comes from 2,935 data points . enforceable to the fullest extent permissible under applicable law at the time of the a Claimant) may deliver to the Committee a written claim for a determination with respect to the amounts distributable to such Claimant from this Plan.
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