Participant Account definition

Participant Account means that separate account maintained under the Plan to record the amount that a Participant has contributed to the Plan during an Offering Period.

Participant Account means an account established under this contract for a Participant. Contributions received by AUL shall be credited to Participant Accounts as AUL is directed in writing.

Participant Account means an administrative record maintained by the system reflecting the participant’s accumulated drop benefit.

Examples of Participant Account in a sentence

• You may direct us to reallocate all or a portion of the Account Value of any Participant Account among other Participant Accounts.

• Reasonably promptly after the end of each Contract Quarter, we will prepare a statement of the Account Value for each Participant Account, unless we cease to maintain individual Participant Accounts pursuant to §9.4.

• If permitted by the Plan, we may accept, or may initiate the transfer of, amounts transferred from other qualified retirement plans or IRAs. Such transferred amounts, as identified by you, are credited as a rollover Contribution under the appropriate Participant Account.

• As of that annuity purchase date, such Participant Account funds are no longer maintained in this contract.

• We determine the Account Value in an Investment Account by multiplying the Accumulation Units in a Participant Account by the Accumulation Unit value.

More Definitions of Participant Account

Participant Account means that total of the Participant Deferral Account, the Participant 457 Rollover Account (including any earnings and losses attributable thereon), and the Participant Non-457 Rollover Account (including any earnings and losses attributable thereon) for each Participant, or if applicable, Beneficiary under the Plan. If the Beneficiary is an irrevocable trust, one separate Account may be established for the trust regardless of the number of beneficiaries of the trust, at the Third Party Administrator's discretion, or the Third Party Administrator may establish separate Accounts for each separate beneficiary of the trust.

Participant Account means the account established by the Company for each Participant who is granted an Award under the Leadership Stock Program to record and account for the grant of the Award and any dividend equivalents that are to be credited to the Account pursuant to Article 10, until such time as the balance in the Account is paid, canceled, forfeited or terminated, as the case may be.

Participant Account is an account under this contract for each Participant. Each Contribution-Source is tracked separately within the Participant Account. We credit Contributions to Participant Accounts and Contribution-Sources as you direct.

Participant Account means, with respect to a Participant's Policy, a bookkeeping entry maintained by the Employer pursuant to Section 6 of the Plan, equal to the excess, if any, of the cash value of the Policy over the Employer Account.

Participant Account means, for each Participant, the Record Keeper’s record of the portion of the Contract Balance allocated to each Participant from time to time by the Record Keeper in connection with the Plan Option.

Participant Account means the following accounts established for the Participant and maintained in the Trust Fund for each Participant pursuant to Article VI, including any earnings and losses attributable thereon:

Participant Account means the account maintained for each Participant which is a separate, personal, custodial account for each Participant in the Trust and to which unvested Restricted Shares of a Participant are allocated pursuant to Section 2.3(e).