Post-2003 Participant definition

Post-2003 Participant means a Participant who has completed at least one Year of Participation Service and: (a) whose first Hour of Service with a Company (not considering Hours of Service credited while in a seasonal, temporary or part-time classification) is credited on or after July 1, 2003 and who is other than a Non-Supervisory Employee of Highland Forest Resources, Inc. (formerly known as Highland Land and Minerals, Inc.); (b) whose first Hour of Service (not considering Hours of Service credited while in a seasonal, temporary or part-time classification) is credited before July 1, 2003, who has never been a Participant under the National Fuel Gas Company Retirement Plan, and who is other than a Non Supervisory Employee of Highland Forest Resources, Inc. (formerly known as Highland Land and Minerals, Inc.) or a Non-Supervisory Employee of National Fuel Gas Midstream Corporation; (c) who is employed by National Fuel Resources, Inc. (“NFR”) (other than a Transferred NFR Employee, as defined in the National Fuel Gas Company Retirement Plan) and whose first Hour of Service with NFR was credited on or after October 1, 1994; (d) who was a Non-Supervisory Employee of Highland Forest Resources, Inc. and becomes a Supervisory Employee of Highland Forest Resources, Inc. on or after July 1, 2003; (e) whose first Hour of Service (not considering Hours of Service credited while in a seasonal, temporary or part-time classification) is credited before July 1, 2003, was a Participant under the National Fuel Gas Company Retirement Plan, who is rehired on or after December 1, 2004 and who, prior to date of rehire, received a distribution of his or her accrued benefit under the National Fuel Gas Company Retirement Plan, in a lump sum distribution; (f) who was a nonvested Participant under the National Fuel Gas Company Retirement Plan upon termination of employment, who is rehired on or after December 1, 2004, who prior to date of rehire was deemed to receive a cash-out distribution of his or her accrued benefit under the National Fuel Gas Company Retirement Plan, and who accrues no additional benefits under the terms of the National Fuel Gas Company Retirement Plan following his or her date of rehire, (g) who was a vested Participant under the National Fuel Gas Company Retirement Plan upon termination of employment, who is rehired on or after July 1, 2013, and who accrues no additional benefits under the terms of the National Fuel Gas Company Retirement Plan following his or her date of reh...
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Examples of Post-2003 Participant in a sentence

  • Key Roles and Responsibilities:  To keep record of incoming/outgoing dak, files/registers etc.

  • It is intended that the Corporation will be required to calculate a hypothetical unreduced, and hypothetical actual, SIRP benefit to apply this Subsection 2.2(f) to a Post-2003 Participant, and the Corporation shall, in its sole discretion, but treating persons similarly situated in a similar manner, determine the adjustments required to apply this Subsection 2.2(f) and calculate the retirement benefits hereunder (10/23/03, effective 1/1/04).

  • For a Participant whose employment classification changes from a Special Article XIX Employee to an employment classification which makes him a Post-2003 Participant, such Participant’s Company Contributions (if any) will commence upon such change in employment, based on the Employee’s Company Contribution Compensation and Years of Service and based on the rate of contribution determined under Section 3.2(a) or (b).

  • Notwithstanding any provision hereof to the contrary, retirement benefits payable under this Plan to a Participant described in Subsections 2.1(a)(ii) through (vi) who becomes a Participant after December 31, 2003 (the “Post-2003 Participant”) will be calculated based on the assumption that the Post-2003 Participant completed no hours of service (however defined in the SIRP) for any purpose under the SIRP (other than vesting) for any period prior to the date he became a Participant.

Related to Post-2003 Participant

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

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

  • 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.

  • 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.

  • 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.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

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

  • 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;

  • 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).

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

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

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

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

  • Eligible employer means any municipality with a municipal

  • 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.

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

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

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

  • Participants is defined in Section 12.2.1.

  • 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).

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

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

  • 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.

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

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

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.