Employer Profit Sharing Contribution Account definition

Employer Profit Sharing Contribution Account means the separate account maintained pursuant to Section 7.03(c) hereof for Employer Profit Sharing Contributions allocated to the Participant and the income, expenses, gains and losses attributable thereto.

Employer Profit Sharing Contribution Account means the separate Account maintained for a Participant who is an ASI Employee to record his share of the Trust Fund attributable to Employer Profit Sharing Contributions made on his behalf.

Employer Profit Sharing Contribution Account means the subaccount of the participant that is credited with supplemental or profit sharing contributions made on behalf of the participant to the plan or the predecessor plan.

Examples of Employer Profit Sharing Contribution Account in a sentence

• A Participant's interest in his or her Employer Profit Sharing Contribution Account and Employer Matching Contribution Account shall be vested and nonforfeitable at Normal Retirement Date, death while in Service, Disability, upon termination (including a complete discontinuance of Employer Contributions) or partial termination of the Plan and otherwise only to the extent specified in the Adoption Agreement.

• If elected by the Employer in the Adoption Agreement, a Participant who has not attained his or her Normal Retirement Date but who is fully vested in his or her Employer Profit Sharing Contribution may submit a request to the Administrator for a withdrawal of all or a portion of his or her Employer Profit Sharing Contribution Account.

• If a Participant's employment with the Employer is terminated before his or her Employer Profit Sharing Contribution Account and/or Employer Matching Contribution Account is (are) fully vested in accordance with Section 8.01, this Section 8.02 shall apply.

• Upon attainment of his or her Normal Retirement Date, a Participant may withdraw all or a portion of his or her Employer Profit Sharing Contribution Account upon notice to the Administrator.

• WITHDRAWAL OF EMPLOYER PROFIT SHARING CONTRIBUTIONS [_] A Participant who has participated in the Plan for at least 5 years may withdraw up to _____% of his vested Employer Profit Sharing Contribution Account after attaining age 59-1/2 or on account of a financial hardship in accordance with Section 8.6 of the Plan.

More Definitions of Employer Profit Sharing Contribution Account

Employer Profit Sharing Contribution Account means the Account that is attributable to the Profit-Sharing contributions made by the Employer pursuant to Section 5.07.

Employer Profit Sharing Contribution Account means the separate account maintained pursuant to Section 7.03(c) hereof for Employer Profit Sharing Contributions allocated to the Participant and income, expenses, gains and losses attributable thereto.

Employer Profit Sharing Contribution Account means the account maintained for the Employer Profit Sharing Contributions made on the Participant's behalf under Section 7.1, as adjusted under Article VII for earnings, losses, changes in market value, fees, expenses and distributions, if any.

Employer Profit Sharing Contribution Account means a separate record account established on behalf of each Participant to reflect the Employer Profit Sharing Contributions made on his behalf under the Plan, any earnings on such contributions and unrealized gains and losses allowable to such

Employer Profit Sharing Contribution Account means the separate subaccount into which shall be credited the Profit Sharing Contributions made on a Participant's behalf and earnings on those contributions.

Employer Profit Sharing Contribution Account means the Account which is attributable to the Profit-Sharing contributions made by the Employer pursuant to Section 5.07. This Account shall also include (but separately account for) all after-tax voluntary contributions made by the Participant prior to January 1, 1987.

Employer Profit Sharing Contribution Account means the --------------------------------------------- Account established by the Committee for each Participant (other than for Residents of Puerto Rico), which Account shall be invested as provided in Article V on behalf of the Participant for whom such Account was established, and to which Employer Profit-Sharing Contributions and transferred assets credited under Section 3.5 ("Employer Profit-Sharing Contribution") of the Prior Plan as of January 1, 1995, on behalf of such Participant, and the earnings and losses thereon, shall be allocated.