Transfer Contributions definition

Transfer Contributions means the contributions which were transferred to the Plan by the Member from another qualified plan pursuant to Section 3.03.
Transfer Contributions means amounts which are received by the Plan either (i) by a direct trustee-to-trustee transfer or (ii) as part of a spin-off, merger or other similar event by the Trustee from the trustee or custodian of the Prior Plan and held in the Trust Fund on behalf of a Participant or beneficiary. Transfer Contributions will retain the character that those contributions had under the Prior Plan; for example, after-tax contributions under the Prior Plan will continue to be treated as after-tax contributions when held in the Transfer Account.
Transfer Contributions means the transfer contributions, if any, described in Section 3.11.

Examples of Transfer Contributions in a sentence

  • A Participant shall always have a 100% vested and nonforfeitable interest in his or her Elective Deferrals, Voluntary Contributions, Qualified Voluntary Contributions, Rollover Contributions, and Transfer Contributions plus the earnings thereon.

  • Notwithstanding the above, the Employer may refuse to accept such Transfer Contributions.

  • Transfer Contributions, which originate from a Plan meeting the safe-harbor provisions of paragraph 8.7, may also be withdrawn, by an Employee, upon written request to the Employer.

  • If necessary, for accounting and recordkeeping purposes, Transfer Contributions shall be treated in the same manner as Rollover Contributions.

  • Other than this, any claims for compensation requested by the Customer are excluded.


More Definitions of Transfer Contributions

Transfer Contributions means the direct transfer of all or a portion of a Code section 403(b) plan to the Plan pursuant to Section 4.06.
Transfer Contributions means the amounts described in Section 2.025 which are transferred to the Plan pursuant to the terms of the said Section.
Transfer Contributions means the amounts transferred to the Participant’s Account as provided in Sections 3.07 and 3.08.
Transfer Contributions means an amount or property transferred into this Plan according to Part 19.
Transfer Contributions means amounts which are received either (i) by a direct trustee to trustee transfer or (ii) as part of a spin-off, merger or other similar event by the Trustee from the trustee or custodian of another qualified retirement plan and held in the Trust Fund on behalf of a Participant or Beneficiary, including the spin-off of this Plan from the Rent-A-Center, Inc. 401(k) Retirement Savings Plan. Transfer Contributions shall retain the character that those contributions had under the other qualified retirement plan; for example, after-tax contributions under a prior plan shall continue to be treated as after-tax contributions when held in the Transfer Account.
Transfer Contributions means those amounts transferred to the Plan on behalf of an Employee from another plan qualified under Section 401(a) of the Code, and/or amounts consolidated with and into the Plan with another plan qualified under Section 401(a) of the Code, all as described in Section 4.5 and Section 11.2.
Transfer Contributions means, with respect to a Participant, amounts transferred from the ERISA Excess Benefit Plan for Dresser-Rand and/or the ERISA Compensation Limit Plan for Dresser-Rand Company as of November 12, 2008, the transfer date. Notwithstanding anything contained herein to the contrary, in no event shall Transfer Contributions and earnings be subject to: (a) the enrollment and election provisions of Section 2.4, (b) the Short Term Deferral Option of Section 5.1; or (c) the hardship distribution provisions of Section 5.4.