EDCP I Account definition

EDCP I Account means the portion of the Participant’s Transferred Balance attributable to amounts credited under the Participant’s Deferral Account, Supplemental Company Contribution Account, Discretionary Company Contribution Account, and/or IR Stock Account under the Ingersoll-Rand Executive Deferred Compensation Plan as of the Effective Date. The special provisions of the Plan relating to a Participant’s EDCP I Account preserve the provisions of the Ingersoll-Rand Executive Deferred Compensation Plan that were in effect on October 3, 2004 with respect to amounts deferred and vested on or before December 31, 2004, to which Code Section 409A does not apply.
Sample 1

Examples of EDCP I Account in a sentence

  • Notwithstanding the foregoing and unless a different time or form of benefit payment has been elected by the Participant under Section 7.1, the default form of benefit for the Participant’s EDCP I Account Balances, if any, shall be option number two (2).

  • Except for EDCP I Account Balance(s), no distribution by reason of a Participant’s Separation from Service shall be made prior to the date that is six (6) months after such Participant’s Separation from Service if the Participant is determined to be a “specified employee” under Code Section 409A on the date of his or her Separation from Service.

  • A Transferred Balance attributable to amounts, if any, credited to the Participant’s IR Stock Account under either Predecessor Plan shall be allocated to his Allegion Stock Account under this Plan, with a subaccount established for any portion of such Transferred Balance which is allocated to the Participant’s EDCP I Account.

  • Except for EDCP I Account Balances or as otherwise permitted under Code Section 409A, the time or schedule of any distribution hereunder of a Participant’s Account Balance(s) shall not be accelerated.

  • A Transferred Balance attributable to amounts credited to the Participant under the Ingersoll-Rand Executive Deferred Compensation Plan II shall be transferred to his Deferral Account under this Plan and a Transferred Balance(s) attributable to amounts credited to the Participant under the Ingersoll-Rand Executive Deferred Compensation Plan shall be transferred to his EDCP I Account under this Plan.

Related to EDCP I Account

  • 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.

  • 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.

  • 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.

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

  • 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.

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

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • 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.

  • Regular account means the account established for each active and inactive member un-

  • 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.

  • 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.

  • 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.

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

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

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • 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

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

  • 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.

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

  • 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.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • 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.

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

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • 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.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.