Pre-2005 Subaccount definition

Pre-2005 Subaccount means a subaccount for (1) all amounts credited to a Participant’s Pay Deferral Account before January 1, 2005 (and earnings thereon), and (2) all amounts credited to a Participant’s Stock Deferral Account before January 1, 2005 (and earnings thereon).
Pre-2005 Subaccount means a subaccount for all amounts credited to a Participant’s Deferral Account before January 1, 2005 (and earnings thereon).
Pre-2005 Subaccount means the subaccount kept as part of a Book Account to record the crediting of the deferral of an Eligible Employee’s Compensation and the crediting of Make-Up Contributions prior to January 1, 2005, together with any earnings or losses thereon through the date of distribution from the Plan.

Examples of Pre-2005 Subaccount in a sentence

  • Deferred amounts earned and vested as of December 31, 2004 shall be maintained as a separate Pre-2005 Subaccount within the Account and adjusted for investment performance under 3.2 in order to measure the amounts not subject to the restrictions of Section 409A.

  • The amount paid on such a withdrawal shall be discounted ten percent from the stated balance of the Pre-2005 Subaccount.

  • The preceding two sentences shall not apply to a Pre-2005 Subaccount.

  • A Director with Subaccounts may limit the change in selection of payment time or manner of payment to the Pre-2005 Subaccount or may select different changes with respect to the two Subaccounts.

  • An Executive with Subaccounts may limit the change in selection of payment time or manner of payment to the Pre-2005 Subaccount or may select different changes with respect to the two Subaccounts.

  • If a Director’s service on the Company’s Board ends involuntarily (by removal of the Director or by expiration of the Director’s term without reappointment) within 24 months after a Change in Control as defined in Section 10.1, the Director’s Pre-2005 Subaccount, except for amounts that are held in Pre-2009 Phantom Stock Units, shall be paid in one lump sum within 30 days after the Director’s service on the Company’s Board ends, regardless of the otherwise applicable election.

  • A Director or surviving spouse may withdraw the Director’s entire Pre-2005 Subaccount at any time before it otherwise would be payable (except for cash withdrawals of amounts in the Director’s Account that are allocated to the Phantom Stock Fund, which withdrawals shall be governed by Section 4.5).

  • A Director or surviving spouse may withdraw the Director’s entire Pre-2005 Subaccount at any time before it otherwise would be payable.

  • If a Director’s service on the Company’s Board ends involuntarily (by removal of the Director or by expiration of the Director’s term without reappointment) within 24 months after a Change in Control as defined in Section 10.1, the Director’s Pre-2005 Subaccount, except for amounts that are allocated to the Phantom Stock Fund, shall be paid in one lump sum within 30 days after the Director’s service on the Company’s Board ends, regardless of the otherwise applicable election.

  • If an Executive’s employment with the Company ends involuntarily by separation from service within 24 months after a Change in Control as defined in Section 10.1, the Executive’s Pre-2005 Subaccount, except for amounts that are held in Pre-2009 Phantom Stock Units, shall be paid in one lump sum within 30 days after termination of employment, regardless of the otherwise applicable election.

Related to Pre-2005 Subaccount

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

  • 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.

  • General Subaccount is defined in Section 8.02(a) of the Indenture.

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

  • 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.

  • 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.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Subaccount means any subaccount designated and established hereunder.

  • 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.

  • 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.

  • 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.

  • 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

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Capital Subaccount is defined in Section 8.02(a) of the Indenture.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Class PO Deferred Amount As to any Distribution Date, the aggregate of the applicable PO Percentage of each Realized Loss, other than any Excess Loss, to be allocated to the Class PO Certificates on such Distribution Date on or prior to the Senior Credit Support Depletion Date or previously allocated to the Class PO Certificates and not yet paid to the Holders of the Class PO Certificates.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Subaccounts is defined in Section 8.02(a) of the Indenture.

  • 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.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Class A-PO Deferred Amount For any Distribution Date prior to the Subordination Depletion Date, the difference between (A) the sum of (x) the amount by which the sum of the Class A-PO Optimal Principal Amounts for all prior Distribution Dates exceeded the amounts distributed on the Class A-PO Certificates on such prior Distribution Dates pursuant to Paragraph third clause (2) of Section 4.01(a) and (y) the sum of the product for each Discount Mortgage Loan which became a Liquidated Loan at any time on or prior to the last day of the Applicable Unscheduled Principal Receipt Period for Full Unscheduled Principal Receipts for the current Distribution Date of (a) the PO Fraction for such Discount Mortgage Loan and (b) an amount equal to the principal portion of Realized Losses (other than Bankruptcy Losses due to Debt Service Reductions) incurred with respect to such Discount Mortgage Loan and (B) the sum of (x) the sum of the Class A-PO Recoveries for such Distribution Date and prior Distribution Dates and (y) amounts distributed on the Class A-PO Certificates on prior Distribution Dates pursuant to Paragraph fourth of Section 4.01(a). On and after the Subordination Depletion Date, the Class A-PO Deferred Amount will be zero. No interest will accrue on any Class A-PO Deferred Amount.