Employer Matching Account definition

Employer Matching Account means (i) the sum of all of a Participant's Annual Employer Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant’s Employer 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 Employer Matching Account.
Employer Matching Account means the account to which the Employer Matching Contributions made pursuant to Section 3.3(a) and earnings and losses on such contributions are credited, to the extent such contributions are provided for in the Adoption Agreement.
Employer Matching Account means the bookkeeping account maintained under the Plan for each Participant that is credited with an amount equal to the Employer Matching Contribution, if any, debited by amounts equal to all distributions to and withdrawals made by the Participant and/or his Beneficiary and adjusted for investment earnings and losses pursuant to Article V.

Examples of Employer Matching Account in a sentence

  • Each Participant’s Employer Matching Account is vested based on the schedule provided in the Adoption Agreement.

  • Any repayments of distributions by a Participant pursuant to 4.9 shall be credited to his Participant Contributions Account in the ratio that such earlier distributions reduced his Participant Contributions Account in relation to any earlier reduction in his Employer Matching Account.

  • The Employer Matching Account of each other Terminated Participant shall be entirely forfeited upon his Termination and shall be reinstated only if he again becomes a Participant before having incurred an Interruption of Service.

  • The Plan shall separately account for each Employer Matching Account and the interest factor credited to such Account.

  • Upon a Participant’s having completed 7 ½ years of Credited Service or upon his earlier Termination as a result of a Line of Duty Death, his Employer Matching Account shall be fully vested and non-forfeitable.


More Definitions of Employer Matching Account

Employer Matching Account means that separate bookkeeping account maintained for each Participant pursuant to and more particularly described in 8.4.
Employer Matching Account means the portion of the Participant's Account attributable to Employer Matching Credits, and the earnings thereon.
Employer Matching Account means that portion of each Participant’s Account that represents his interest in the Plan that is credited pursuant to Sections 4.1(c) and 4.1(d), including an amount equal to an Initial Participant’s employer matching account under the Prior Supplemental Plan immediately before the Effective Date.
Employer Matching Account means that portion of each Participant’s Account that represents his interest in the Plan that is credited pursuant to Sections 4.1(b) and 4.1(c).
Employer Matching Account means an account maintained on the books of the Plan, in which are recorded the Employer Matching Contributions made on behalf of a Participant and the income, expenses, gains and losses incurred thereon.
Employer Matching Account means the account established and maintained under this Plan by the Committee to record a Participant’s interest under this Plan attributable to (i) Matching Contributions made by an Employer for such Participant pursuant to Section 3.2 and forfeitures applied pursuant to Section 3.7 to reduce the amount of such contributions for such Participant, and (ii) any amounts credited to his or her Employer Matching Account under the Previous Plan as in effect on December 31, 2014.
Employer Matching Account means the Account to which is credited the Employer Matching Contributions made on a Participant's behalf attributable to Plan Years beginning prior to January 1, 2009 and any earnings or losses on those contributions.