Elective Contribution Account. An Account established and maintained for a Participant to account for the Elective Contributions made on his behalf.
Elective Contribution Account means the account maintained to record the Participant’s Elective Contributions and any other adjustments as required under Article IV, V or X of the Plan.
Elective Contribution Account means an account established pursuant to Article VII(b) with respect to contributions made under salary reduction arrangements pursuant to paragraph (a) of Article VI.
Examples of Elective Contribution Account in a sentence
Distribution of Elective Contributions that are Excess Contributions shall be made from the Participant’s Pre-Tax Elective Contribution Account before the Participant’s Designated Xxxx Contribution Account, to the extent Pre-Tax Elective Contributions were made for the year, unless the Participant specifies otherwise.
A Participant’s interest in his Employee Nondeductible Contribution Account, Employer Contribution Account, Elective Contribution Account, Nonelective Employer Contribution Account, Qualified Nonelective Employer Contribution Account and Accounts consist- ing of rollover/transfer contributions shall immediately become and at all times remain fully vested and nonforfeitable.
More Definitions of Elective Contribution Account
Elective Contribution Account shall be represented by the bookkeeping entries required to record a Director’s Elective Contributions plus accrued interest, equal to the Interest Factor, earned to date on such amounts. However, neither the existence of such bookkeeping entries nor the Elective Contribution Account itself shall be deemed to create either a trust of any kind, or a fiduciary relationship between the Bank and the Director or any Beneficiary.
Elective Contribution Account means an Account to which Elective Contributions are allocated.
Elective Contribution Account means an account established on the books of the Trust for the purpose of recording Pre-Tax Elective Contributions and Designated Xxxx Contributions made on behalf of a Participant pursuant to Article 4 and any income, expenses, gains, or losses incurred thereon.
Elective Contribution Account means the portion of a Participant's Individual Account consisting of the Elective Contribution allocated to such Participant pursuant to Section 5.4 (Allocation of Employer Contributions), together with Adjustments thereto.
Elective Contribution Account means an Elective Contribution Account or Employer Special Share Account maintained for a Participant to record his Elective Contributions and adjustments thereto. “Elective Contribution Account” means the account maintained for a Participant to record his Elective Contributions to Plan and adjustments thereto. “Employer Special Share Account” means the account maintained for a Participant to record his interest, if any, in New MacDermid Stock that was converted from stock previously held under the elective deferral account of the Plan’s employee stock ownership plan feature in connection with the elimination of that feature prior to the Effective Date.
Elective Contribution Account means the portion of a Participant’s Individual Account consisting of the Elective Contribution allocated to such Participant pursuant to Section 5.4 (Allocation of Employer Contributions), together with Adjustments thereto, plus, in the case of an ATK Plan Participant or UGS Plan Participant, the amount of elective contributions that are transferred to this Plan on behalf of such Participant as a result of the mergers of the ATK Plan and the UGS Plan into this Plan as well as any such contributions that are made to this Plan pursuant to Section 1.4 for the 2002 plan year.
Elective Contribution Account means the Account to which is credited a Participant’s Elective Contributions pursuant to Section 8.2.