Suspended Participant definition

Suspended Participant means a Participant who has been suspended ----------------------- from deferring amounts to his Salary Deferral Account because he made a hardship withdrawal under the provisions of Article 8.
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Suspended Participant means any Participant who remains an Employee but who ceases to be eligible to participate in this Plan by virtue of ceasing to be an Eligible Employee. Status as a Suspended Participant shall commence as of the date such Participant ceases to be an Eligible Employee. A Suspended Participant shall not be deemed a Participant except for those purposes specified in this Plan or as required by law.
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Suspended Participant means a previously active Participant who is still working for the Company (or a related company or operating division) which has not adopted the Plan and who has not incurred a One-Year Break in Service.
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Examples of Suspended Participant in a sentence

  • Status as a Suspended Participant shall commence as of the date such Participant ceases to be an Eligible Employee.

  • Suspended Participant" shall mean any Participant who remains an Employee but who ceases to be eligible to participate in this Plan by virtue of ceasing to be an Eligible Employee.

  • As soon as is reasonably possible after receipt of these valuations from the Trustee, the Committee shall value the Accounts of each Participant, Suspended Participant and Alternate Payee as of the applicable Valuation Date so as to reflect the current fair market value of each Account as of such Valuation Date.

  • A Suspended Participant shall not be deemed a Participant except for those purposes specified in this Plan or as required by law.

  • A Suspended Participant Register (Appendix 12.4) must be maintained by all Venues and must be posted and kept up to date on the Qld Oztag intranet system by each Venue Manager and Tournament Director to assist with managing adherence to this Policy.

  • Suspended Participant shall submit to ClinicalConnect HIE a detailed corrective action or an objection to the suspension within three (3) business days or at the earliest practical time.

  • A Suspended Participant who incurs a Break in Service and is not then entitled to a Deferred Vested Pension will no longer be a Participant.

  • Participants who are Suspended can voluntarily participate in Provider Services The Provider must provide Services to a Suspended Participant if they advise they want to voluntarily participate in Services.

  • Providers must not deliver Services to Suspended Participants unless the Suspended Participant advises they want to voluntarily participate in Services.

  • If a Participant ceases to be an Active Participant and becomes a Suspended Participant, and he does not again become an Active Participant, he will receive no Credited Service during the period he is a Suspended Participant, but he will continue to accrue Service.


More Definitions of Suspended Participant

Suspended Participant means a previously active Participant who is still working for the Company (or a Related Employer or operating division) which has not adopted the Plan.
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Suspended Participant means a Participant who is no longer making current Employee Elected Company Contributions to the Plan because of the occurrence of one of the events set forth in Section 2.3.a.
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Suspended Participant means a Participant with respect to whom Salary Deferral Contributions are suspended and reduced in accordance with Section 8.5.3.
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Related to Suspended Participant

  • 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).

  • 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.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

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

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

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • 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.

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

  • 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.

  • 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.

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

  • 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.

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

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

  • Non-Highly Compensated Participant means any Participant who is neither a Highly Compensated Employee nor a Family Member.

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

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

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

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

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

  • 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;

  • Highly Compensated Participant means any Highly Compensated Employee who is eligible to participate in the Plan.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows: