Definition of Pre-2005 Account Balance


Pre-2005 Account Balance means the Deferrals credited to a Participants Account for Plan Years ending prior to January 1, 2005, and earnings thereon.
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Examples of Pre-2005 Account Balance in a sentence

A Participant may elect to receive up to four (4) Scheduled Withdrawals of up to 100% in the aggregate of the amount credited to his or her Pre-2005 Account Balance (in increments of 1% or a specified dollar amount, as permitted by the Administrative Committee), in one or more years specified by the Participant.
A Participant may elect to receive an Unscheduled Distribution of up to 100% of his or her Pre-2005 Account Balance, provided, however, that a Participant shall not be permitted to receive an Unscheduled Distribution of any amounts credited to his or her Account as BW Stock Units.
The Term "Pre-2005 Account Balance" means the amounts credited to the Excess Plan on behalf of a Participant prior to January 1, 2005, and earnings thereon, that were vested as of December 31, 2004.
This Section 7.9 shall only apply to a Participants Pre-2005 Account Balance.
The Term Pre-2005 Account Balance means the amounts credited to the Excess Plan on behalf of a Participant prior to January 1, 2005, and earnings thereon, that were vested as of December 31, 2004.