Merged Plan Account definition

Merged Plan Account means the record of a Participant’s interest in the Plan attributable to his account or accounts which have been merged into the Plan from other plans (including the former plan accounts described in paragraphs 1.01(j) through (o) and (r) through (ff) originally sponsored by organizations unrelated to the Employer. The Merged Plan Account shall consist of such subaccounts as are necessary to preserve separate records for the various types of contributions made to such merged plans, e. g., after-tax contributions of employees, pre-tax 401(k) contributions, matching contributions, etc.
Sample 1
Merged Plan Account means the record of a Participant’s interest in the Plan attributable to his account or accounts which have been merged into the Plan from other plans (including the former plan accounts described in paragraphs 1.01(j) through (o) and (r) through (ff) originally
Sample 1
Merged Plan Account means the account established for a Participant pursuant to Section 4.1(e) (Merged Plans) to hold assets and liabilities transferred to the Plan from a Merged Plan with respect to the Participant, as adjusted for any earnings and losses.
Sample 1

Examples of Merged Plan Account in a sentence

  • A single participant can be involved in N grant agreements and therefore being counted as N participations.

  • Any Participant for whom a Merged Plan Account is established under this Plan shall vest in such Merged Plan Account in accordance with the provisions of the applicable Appendix hereto.

  • In connection with the merger of the Security Capital Bancorp Employees' Incentive Profit Sharing and Savings Plan into this Plan on or about July 1, 1995, the Committee shall establish and maintain a separate account (which shall be called a "Merged Plan Account") in the name of each Participant whose Employer Matching Account and/or Employer Incentive Profit Sharing Account from the Security Capital Bancorp Employees' Incentive Profit Sharing and Savings Plan was transferred to the Plan.

  • Building on and expending some recent reviews of the impacts of COVID-19 on value chains (e.g. OECD, 2020a) and on people’s food security (Béné, 2020; Savary et al., 2020), a series of 25 related but distinct potential effects of COVID-19 on food system actors were identified from the literature.

  • For purposes of this section, "Employer" includes a "Related Entity," and except for distributions from a Participant's Merged Plan Account, all service of an Acquired Employee with his or her Former Employer or any subsidiary or affiliated entity which, with the Former Employer, constitutes a controlled group of corporations or other entities or an affiliated service group within the meaning of subsections (b), (c), (m) or (o) of Section 414 of the Code, shall be treated as Hours of Service.

  • For this purpose, the terms of the Merged Plan as in effect on the day immediately preceding the date the Merged Plan's assets and liabilities were received by the Plan shall apply in determining the availability of payment forms and timing of payments from the Participant's Merged Plan Account, including all restrictions, terms, conditions, and notice requirements applicable to electing or receiving payment in such form(s).

  • The provisions of this section shall apply only to an Active or Former Active Participant with a Merged Plan Account attributable to assets transferred from a money purchase pension plan and shall take precedence over any conflicting provision in the Plan.

  • The Merged Plan Account will be divided into three subaccounts: Subaccount #1, Subaccount #2, and Subaccount #3.

  • Demonstrate exercises for training co-ordination – Frenkel‘s exercise5.

  • The vested portion of a Participant’s Merged Plan Account shall be distributed in accordance with the terms of the Merged Plan in effect as of December 31, 2007 and any participant elections made thereunder.


More Definitions of Merged Plan Account

Merged Plan Account means the account established for a Participant to hold, on his behalf, his share of assets from a Merged Plan.
Sample 1
Merged Plan Account means an Account holding assets received by the Plan from one or more Merged Plans for the benefit of a Participant, as adjusted for earnings and losses.
Sample 1

Related to Merged Plan Account

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company 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 Company Matching Account.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

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

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Employee Account means any brokerage account or unit investment trust account in which the Van Kampen Employee has any direct or indirect beneficial ownership.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Retirement fund means the "Washington law enforcement

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.