Supplemental Matching Contributions Account definition

Supplemental Matching Contributions Account means the account established for a Participant under the Plan that is credited with Supplemental Matching Contributions under Section 2.4 of the Plan.
Supplemental Matching Contributions Account means the account to which an eligible Employee's Supplemental Matching Contributions are credited under Article III of the Supplemental Plan. The Supplemental Matching Contributions Account consists of the "Lump Sum Subaccount" and the "Installment Subaccount". The Lump Sum Subaccount contains that portion of an eligible Employee's Supplemental Matching Contributions (and the interest credited thereto) which the Employee has elected to receive as a single sum. The Installment Subaccount contains that portion of an eligible Employee's Supplemental Matching Contributions (and the interest credited thereto) which the Employee has elected to receive in annual installments.
Supplemental Matching Contributions Account means the two bookkeeping accounts maintained for each Participant. One bookkeeping account is credited with the Supplemental Matching Contributions (and the earnings and losses allocable thereto) that the Participant elected to be paid in installments pursuant to Section 4 of this Annex II (the "Installment Subaccount"). The other bookkeeping account is credited with the Supplemental Matching Contributions (and the earnings and losses allocable thereto) that will be paid in a single lump sum pursuant to Section 4 of this Annex II (the "Lump Sum Subaccount").

Examples of Supplemental Matching Contributions Account in a sentence

  • All Supplemental Matching Contributions shall be credited to the Supplemental Matching Contributions Account maintained for the Participant.

  • Supplemental Matching Contributions shall be credited to the Supplemental Matching Contributions Account of each Participant who has made a Deferral Election pursuant to Section 3.1(a).

  • A Participant shall be fully vested in the amount in his or her Compensation Deferral Account, Supplemental Matching Contributions Account, Transferred Contributions Account and Stock Option Deferral Account at all times.

  • A Participant shall be fully vested in the amount in his or her Compensation Deferral Account, Supplemental Matching Contributions Account, Rollover Contributions Account and Stock Option Deferral Account at all times.

  • A Participant’s Employer Supplemental Matching Contributions Account shall be invested in the “Stock Fund,” which is invested in the common stock of the Employer, and may not be transferred to any other investment option.

  • A Participant shall be fully vested in the --------------------- amount in his or her Compensation Deferral Account, Supplemental Matching Contributions Account, Rollover Contributions Account and Stock Option Deferral Account at all times.

  • In addition, such Supplemental Contributions shall be credited to either the Lump Sum Subaccount or the Installment Subaccount of the Participant's Supplemental Matching Contributions Account, Supplemental Nonelective Contributions Account, Supplemental Transition Contributions Account, or Supplemental Additional Transition Contributions Account, as appropriate.

  • If the Employee does not make such an election, all amounts to be credited to his or her Supplemental Matching Contributions Account shall be credited to the Lump Sum Subaccount.

  • The Committee, or its delegate, will maintain a "Supplemental Pre-tax Salary Deferral Account" and a "Supplemental Matching Contributions Account" (together, the "Accounts") for each Participant.

  • Employer Supplemental Matching Contributions Account means that portion of a Participant's Individual Account attributable to (a) Employer Supplemental Matching Contributions allocated to such Participant pursuant to Section 4.2 and (b) the Participant’s proportionate share of the Adjustments attributable to his or her Employer Supplemental Matching Contribution Account.

Related to Supplemental Matching Contributions Account

  • 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.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • 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.

  • 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.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Matching Contributions means contributions made by the Employer on account of an "eligible Participant's" Elective Deferrals.

  • 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.

  • 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.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Matching Contribution means an Employer contribution made to this or any other Defined Contribution Plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Employee Elective Deferral, under a plan maintained by the Employer.

  • Employer Contributions means all amounts paid into ASRS by an

  • 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.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • 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.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • 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.

  • 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

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • 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.

  • 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.

  • 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.

  • 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.

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

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

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.