Examples of Company Matching Account in a sentence
The Committee shall establish and maintain a separate Company Matching Account for each Participant under the Plan.
A Participant's Company Matching Account shall at all times be 100% vested.
In the event that this Plan is terminated, the amounts credited to a Participant's Deferral Account and Company Matching Account shall be distributed to the Participant or, in the event of his or her death, to his or her Beneficiary in a lump sum within thirty (30) days following the date of termination.
For each Plan Year, an Employer, in its sole discretion, may, but is not required to, credit any amount it desires to any Participant’s Company Matching Account under this Plan, which amount shall be for that Participant the Annual Company Matching Amount for that Plan Year.
The Company Matching Account had to be deemed invested in the Company Stock Measurement Fund at all times prior to distribution from the Plan.