Deceased Participant definition

Deceased Participant means a Participant whose employment, or, in the case of a Participant who was an Outside Director, a Participant whose service as an Outside Director, is terminated by death.
Deceased Participant means the individual named in the Data Pages, now deceased, whose accrued benefit as a participant in the Applicable Plan is the source of the direct rollover Contribution to this inherited traditional IRA Contract.
Deceased Participant means a Participant whose employment, or, in the case of a Participant who was an Outside Director or Director Emeritus, a Participant whose service as an Outside Director or Director Emeritus, is terminated by death.

Examples of Deceased Participant in a sentence

  • A Beneficiary of a Deceased Participant other than a Surviving Spouse may elect to defer the time of payment, of any part or all of such Deceased Participant’s Account the payment of which would be made more than 12 months after the date of such election.

  • The determination of whether a Beneficiary is an Eligible Designated Beneficiary shall be made as of the date of death of the Deceased Owner or Deceased Participant.

  • If the beneficiary is an individual, he or she is not the surviving spouse of the Deceased Participant.

  • Nonspousal Applicable Plan Beneficiary” means the individual or “see-through trust” designated by the Deceased Participant as beneficiary under an Applicable Plan.

  • Designated Beneficiary” means any individual designated by the Deceased Owner or Deceased Participant, as applicable.


More Definitions of Deceased Participant

Deceased Participant means a Participant who has died and on whose behalf benefits are payable in accordance with Article VII.
Deceased Participant means any Participant who terminates employment by reason of death and who leaves any vested balance in the Plan.
Deceased Participant means any former Participant who died while he was a Participant, provided that no Optional Payment pursuant to clause (3) of Paragraph (u) hereof will be made under the Plan after the death of the Deceased Participant.
Deceased Participant means any Participant who terminates employment by reason of death and leaves any vested balance in the Plan.
Deceased Participant means a Participant who has died, but whose Accrued Benefit has not been fully distributed.
Deceased Participant means: --------------------
Deceased Participant. S NONFORFEITABLE ACCRUED BENEFIT DOES NOT EXCEED $5,000. The Advisory Committee, subject to the requirements of Section 6.04, must direct the Trustee to distribute the deceased Participant's Nonforfeitable Accrued Benefit in a single sum, as soon as administratively practicable following the Participant's death or, if later, the date on which the Advisory Committee receives notification of or otherwise confirms the Participant's death.