Catch-Up Account definition

Catch-Up Account means any one of the accounts so designated and provided for in Section 6.01.

Catch-Up Account which means a Participant’s interest in the Plan’s assets composed of Catch-up Contributions allocated on or after July 1, 2002 to the Participant under the Plan, plus all income and gains credited to, and minus all losses, expenses, withdrawals and distributions charged to, such Account.

Catch-Up Account means the account credited with the Catch-Up Contributions made on a Participant’s behalf and earnings on those contributions.

Examples of Catch-Up Account in a sentence

• A Catch-Up Account shall be established for each Participant who elects to make Catch-up Contributions.

• Earnings credited to the Participant’s Salary Reduction Account or Catch-Up Account may not be withdrawn under this section.

• A Participant may request a withdrawal from his Salary Deferral Account, Catch-Up Account, vested Profit Sharing Account, and vested Matching Account that is not invested in the self-directed brokerage option under Section 7.3 (in such order or allocation between such Accounts as determined under rules of uniform application established by the Plan Administrator from time to time) on account of hardship, subject to the rules set forth in this Section.

• Any Catch-Up Contributions shall be paid to the Trustee as soon as practicable and shall be allocated to the Member’s Catch-Up Account.

• A Member shall at all times be 100% vested in, and have a nonforfeitable right to, his Member Account, his Deferred Account, his Catch-Up Account, his Roth Deferred Cash Contribution Account, his Roth Catch-Up Account and his Rollover Contributions Account.

More Definitions of Catch-Up Account

Catch-Up Account means the subaccount that evidences the value of catch up contributions made by the Participant pursuant to Plan section 4.9 including related investment gains and losses of the Trust Fund.

Catch-Up Account means the bookkeeping account described in Section 6.1(b).

Catch-Up Account has the meaning set forth in Section 4.5.

Catch-Up Account means any one of the Accounts so designated and provided for in Paragraph 7.1(c).

Catch-Up Account means the account created to hold amounts attributable to Catch-Up Contributions.

Catch-Up Account means the portion of the Account of a Participant consisting of Catch-Up Contributions, as adjusted under the Plan.

Catch-Up Account means the account established and maintained under this Plan to record a Participant’s interest attributable to his or her Catch-Up Contributions made to this Plan and amounts credited to his or her Catch-Up Account under the Former Savings Plan.