Examples of Totally Disabled Participant in a sentence
In any case where a Participant is on a Leave of Absence or is a Totally Disabled Participant and his or her employment with an Employer and its Subsidiaries is terminated for any other reason, then his or her employment with the Employers for purposes of the Plan will be considered terminated on the same date and for the same reason.
In the event that a Totally Disabled Participant recovers and resumes active employment with the Employer such Totally Disabled Participant may resume participation in this Plan at the discretion of the Plan Committee; provided, however, that in any event the Totally Disabled Participant shall continue to receive payments of Deferred Benefits that are then being paid pursuant to the terms of this Plan.
In the event that a Totally Disabled Participant resumes service with the Board following his or her Service Termination Date, such Totally Disabled Participant may resume participation in this Plan at the discretion of the Plan Committee; provided, however, that in any event the -------- ------- Totally Disabled Participant shall continue to receive payments of Deferred Benefits pursuant to the terms of this Plan.
A Participant who becomes a Totally Disabled Participant shall be treated for the purpose of this Article as though he or she were retired on the date he or she is declared a Totally Disabled Participant, and he or she shall be entitled to the same options set forth above for Retired Participants.
In the event that a Totally Disabled Participant recovers and resumes service with the Board, such Totally Disabled Participant may resume participation in this Plan at the discretion of the Plan Committee; provided, however, that in any event the Totally Disabled Participant shall -------- ------- continue to receive payments of Deferred Benefits that are then being paid pursuant to the terms of this Plan.
Value of the Living Benefit means the aggregate of the payments made under the Living Benefit, plus the reasonable costs of verifying the medical condition of the Totally Disabled Participant, plus the interest thereon from the date of payment until the date of death of the Totally Disabled Participant.The interest rate is set according to the annual average rate of return on one- year guaranteed investment certificates issued by Canadian trust companies.
A Participant, other than a Terminated Participant, a Retired Participant, a Totally Disabled Participant (who is not a "party in interest" under ERISA) or a surviving spouse, may request a loan from his or her Account in the Plan (excluding the Company Matching Contribution Account in the case of a Non-Vested Participant) in accordance with this Article and the rules supplementing this Article which may be prescribed by the Committee.
Notwithstanding Subparagraph (i) above, if a Participant qualifies as a Totally Disabled Participant, then the Present Value of the Participant’s vested Pension SERP Benefit (determined as if the Participant were a Retired Participant) shall be paid in a lump sum on the Totally Disabled Participant’s 65th birthday.
This section describes the implications of this interlinked submission modality, outlines the existing guidance for possible vehicle documents and elaborates on several specific issues that Parties may wish to consider when submitting with a specific vehicle document.
A Participant who becomes a Totally Disabled Participant as defined in Article XVII.57 shall be treated for the purpose of this Article VI as though he were retired on the date he is declared a Totally Disabled Participant, and he shall be entitled to the same options set forth above in Paragraph 2 of this Article VI.