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.
Inactive Participant means any individual who was an Active Participant, but is no longer an Eligible Employee and who has an Account under the Plan.
Inactive Participant means a Participant who is not an Employee or Director.
Examples of Inactive Participant in a sentence
Upon again becoming an Active Participant, he shall cease to be an Inactive Participant.
Inactive Participant means a former Active Participant who has an Account.
An Inactive Participant shall again become an Active Participant (resume active participation in the Plan) on the date he again performs an Hour-of-Service as an Eligible Employee.
Participant means either an Active Participant or an Inactive Participant.
An individual who is or becomes a Participant shall be or remain an Active Participant as long as he has a Deferral Election in effect; and he shall be or remain an Inactive Participant as long as he is entitled to future benefits under the terms of the Plan and is not considered an Active Participant.
More Definitions of Inactive Participant
Inactive Participant means each Participant (other than a Deceased Participant) who is not actively serving as a member of the Board.
Inactive Participant means a Participant who is not an Active Participant.
Inactive Participant means each Participant (other than a Deceased Participant or a Disabled Participant) who is not actively employed by the Company.
Inactive Participant means each Participant who is not in active service as an Outside Director and is not actively employed by a Participating Company.
Inactive Participant means an Active Participant who ceases to be an Employee but who remains an employee of an Affiliate which is not a Participating Employer, and who has in the Plan a Total Balance which is greater than zero. An Inactive Participant shall continue to be treated the same as an Active Participant in every respect except that no contributions of any type shall be allocated to his Accounts with the exception of those to which he may be entitled for the Plan Year in which he ceases to be an Active Participant. He shall not be allowed to make any contributions unless and until he again becomes an Active Participant.
Inactive Participant means an individual who at one point was a Participant in the Plan or a predecessor non-qualified deferred compensation plan and has an undistributed Account Balance, but is no longer eligible to make deferral elections under the Plan by reason of such individual's removal under Section 2.4 hereof or otherwise.
Inactive Participant means an Employee who was an active Participant but who is transferred to and is in a position of employment where he is no longer an Eligible Employee, as described in Plan section 3.3(b).