AMTOP Account definition

AMTOP Account means a separate book account of each Participant’s AMTOP Equivalent Shares, as maintained by the Administrator.
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AMTOP Account means the separate book account of each Participant’s AMTOP Equivalent Shares, as maintained by the Administrator in accordance with the terms of AMTOP.
Sample 1

Examples of AMTOP Account in a sentence

  • Each month the Administrator will post on behalf of a Participating Agency a Matching Credit to the AMTOP Account of each Participant eligible for such Matching Credit.

  • As soon as administratively practicable after January 1 of each Plan Year, the Sponsoring Company will make an AMTOP Payment to the ATOP Account of each of its active Agents participating in AMTOP in an amount equal to the newly vested AMTOP Credits under his or her AMTOP Account (to the nearest whole Equivalent Share).

  • If a Participant has completed ten (10) consecutive years of vesting under AMTOP and five (5) additional years of vesting as outlined in Section 5.2 under AMTOP and has not had a complete withdrawal under ATOP, and has not incurred a Period of Ineligibility under ATOP, then his or her AMTOP Account balance under AMTOP shall vest one hundred percent (100%) each January 1.

  • Invasive species living in fresh or marine waters are examples of where it is technologically impossible to remove the invasive species, or at best, it would be very resource demanding.

  • A book credit equal to amount of cash dividends, if any, with respect to a Share, multiplied by the number of AMTOP Credits in a Participant’s AMTOP Account, shall be credited to such Participant’s AMTOP Account not later than and the 15th day of the third month after the close of the Plan Year in which such dividends are received by the Administrator.

  • Each AMTOP Participant shall have one Founder’s Credit posted to his or her AMTOP Account for each Matching Credit that is so posted during the twelve (12) months following the Effective Time.

  • Except as provided in the applicable AMTOP Credit Addendum, the Matching Credit posted to each Participant’s AMTOP Account, if any, shall equal the number of Shares purchased under ATOP for that month with the Participant’s ATOP contribution, excluding any Enhancement Amounts (as that term is defined in ATOP), multiplied by the Matching Percentage.

  • At the time the AMTOP Payment is made to the Participant’s ATOP Account, the number of such vested AMTOP Credits will be deducted from the Participant’s AMTOP Account.

  • Subject to Section 5.2, 5.3, 5.4 and 5.5, a portion of a Participant’s previously unvested AMTOP Account balance shall vest on each January 1 based on the Participant’s consecutive Years of Participation on that date in accordance with the following schedule.

  • If a Participant has completed ten (10) consecutive years of vesting under AMTOP and has not had a complete withdrawal under ATOP and has not incurred a Period of Ineligibility under ATOP, then his or her AMTOP Account balance under AMTOP shall vest on each January 1 based on the Participant’s consecutive Years of Participation on that date in accordance with the following schedule.

Related to AMTOP Account

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.