Group D Participant definition

Group D Participant means an eligible employee of the Employer who is a vice president, or any employee of a lower rank, and designated as a Group D Participant by the Committee, with the consent of the Board of Directors, after December 31, 1997. Each employee so designated shall, as a condition of participation, enter into an Agreement with the Company, setting forth, among other things, the amount of retirement and death benefits to which he is entitled under the Plan.
Sample 1

Examples of Group D Participant in a sentence

  • The named beneficiary of a Group B Participant, a Group C Participant or Group D Participant who dies after meeting the requirements of Section 4.2 shall receive a death benefit equal to five times his annual normal retirement benefit, as determined under Section 3.1 accrued as of the date of his death, and shall be subject to reduction or offset, if any, also as set forth in his Agreement.

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  • Each employee who has been designated as a Group A Participant, a Group B Participant, a Group C Participant or a Group D Participant shall be eligible to participate in the Plan.

  • If the Group B Participant, Group C Participant or Group D Participant dies after termination of employment but (a) after meeting the requirements of Section 5.2.2, above and (b) after payment of his retirement benefits has begun, his surviving spouse shall be entitled to receive any survivor benefit elected by the Participant before his death, in accordance with Section 5.2.2.3, below.

  • In addition, a Group D Participant who was a Participant on the date specified in his appropriate collective bargaining agreement and who has a termination of employment on or after that date will become 100% vested in any Company contributions allocated to his account with respect to any Plan Year before the date specified in the collective bargaining agreement on the last day of the second Plan Year following the Plan Year for which the Company Contributions were made if he is an Employee at that time.

  • An example of a study covered under TC is the study aimed at developing an error response model for critical path NAEP estimation.

  • Upon the cessation of payments under this Section 3.3.3 by reason of the Participant’s reaching his Normal Retirement Date, he shall be entitled to receive his normal retirement benefit calculated for him under Section 3.1, without further cost of living increases, subject in the case of a Group B Participant, a Group C Participant or a Group D Participant, to any election of a surviving spouse benefit under Section 5.2.2.3.

  • The vested retirement benefit, if any, payable to a Group B Participant, a Group C Participant or a Group D Participant, who terminates employment before his Early Retirement Date or Total Disability Date, shall be paid beginning on or after the Participant's first possible Early Retirement Date and by his Normal Retirement Date, as elected by the Participant.

  • The vested retirement benefit, if any, payable to a Group B Participant, a Group C Participant or a Group D Participant, who terminates employment before his Early Retirement Date or Total Disability Date, shall be paid beginning on or after the Participant’s first possible Early Retirement Date and by his Normal Retirement Date, as elected by the Participant.

Related to Group D Participant

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Active Participant means a Participant who has satisfied the eligibility requirements under Section 3 and who has at least 1,000 Hours of Service during the current Plan Year. However, a Participant shall not qualify as an Active Participant unless (i) he is in active Service with an Employer as of the last day of the Plan Year, or (ii) he is on a Recognized Absence as of that date, or (iii) his Service terminated during the Plan Year by reason of Disability, death, or Normal Retirement.

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Qualified Participant means any Participant or Former Participant who has completed ten (10) Years of Service as a Participant and has attained age 55.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Principal Participant means any of the following entities:

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Participant has the meaning specified in Section 10.06(d).

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Current Participant means a Class Member who has an Active Account in one or both the Plans as of August 5, 2020.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Eligible employer means any municipality with a municipal

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Other Participant means a cooperative project participant other than the United States.

  • Nonparty participant means a person, other than a party or mediator, that participates in a mediation.