Participant Rights/Employer Account Sample Clauses

Participant Rights/Employer Account. The Participant has a nonforfeitable right to the value of his or her Employer Account pursuant to the terms of, and to the extent of his or her vested percentage under, the Plan as interpreted by the Contract Holder. It is the Contract Hoxxxx'x responsibility to maintain records of the Participant's vesting percentages. The Company will not maintain nor keep such records.
Sample 1
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Participant Rights/Employer Account. The Participant has a nonforfeitable right to the value of his or her Employer Account pursuant to the terms of, and to the extent of his or her vested percentage under the Plan, as interpreted by the Plan Administrator. It shall be impossible, at any time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries under this Contract, for any part of the Current Value of the Contract to be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their beneficiaries. Endorsed and made part of this Contract, and/or Certificate on [date]. [/s/ Axxxx Xxxxxxxxx President] Voya Retirement Insurance and Annuity Company E-SUNYDE-12
Sample 1
Participant Rights/Employer Account. The Participant has a nonforfeitable right to the value of his or her Employer Account pursuant to the terms of, and to the extent of his or her vested percentage under, the Plan as interpreted by the Contract Holder. It is the Contract Xxxxxx's responsibility to maintain records of the Participant's vesting percentages. Aetna will not maintain such records. The Contract Holder will make all choices under the Contract for the Employer Account, except as otherwise provided in this Contract. The Contract Holder and each Participant hereunder have agreed in writing to the above terms and conditions, except as otherwise provided, to have the Contract Holder make all choices under the Contract, except as otherwise provided, and to be bound by the Contract Holder's directions to Aetna. The Contract Xxxxxx's and Participant's signatures are required for each request for a distribution.
Sample 1
Participant Rights/Employer Account. You have a nonforfeitable right to the value of your Employer Account pursuant to the terms of, and to the extent of your vested percentage under, the Plan as interpreted by the Contract Holder. It is the Contract Holder's responsibility to maintain records of your vesting percentages. Aetna will not maintain nor keep such records
Sample 1
Participant Rights/Employer Account. The Participant has a nonforfeitable right to the value of his or her Employer Account pursuant to the terms of, and to the extent of his or her vested percentage under the Plan, as interpreted by the Plan Administrator. It shall be impossible, at any time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries under this Contract, for any part of the Current Value of the Contract to be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their beneficiaries. Endorsed and made part of this Contract, and/or Certificate on [date]. /s/ Xxxxx X. Xxxxx President ING Life Insurance and Annuity Company E-SUNYDE-12
Sample 1
Participant Rights/Employer Account. The Participant has a nonforfeitable right to the value of his or her Employer Account pursuant to the terms of, and to the extent of his or her vested percentage under the Plan.
Sample 1
Participant Rights/Employer Account. You have a nonforfeitable right to the value of your Employer Account pursuant to the terms of, and to the extent of your vested percentage under the Program, as interpreted by the Plan Administrator. GC403-IB(XC/SM)-22 [10]
Sample 1
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Related to Participant Rights/Employer Account

  • Employee Participants 2.01 ELIGIBILITY.

  • Deferred Compensation Account All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

  • Deferral Account 3.1 Establishing and Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • Limitation upon Participant Rights A Participant shall not be entitled to receive any greater payment under Section 3.01 or 3.04 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.01 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrower, to comply with Section 3.01(e) as though it were a Lender.

  • PARTICIPANT ELECTIONS AFTER SEPARATION FROM SERVICE A Participant who is eligible to make distribution elections under Section 6.03 of the Plan may elect to commence distribution of his Nonforfeitable Accrued Benefit: (Choose at least one of (a) through (c))

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • VALUE OF PARTICIPANT'S ACCRUED BENEFIT If a distribution (other than a distribution from a segregated Account) occurs more than 90 days after the most recent valuation date, the distribution will include interest at: (Choose (a), (b) or (c))

  • Participation in Retirement and Employee Benefit Plans The Employee shall be entitled to participate in all plans relating to pension, thrift, profit-sharing, group life and disability insurance, medical and dental coverage, education, cash bonuses, and other retirement or employee benefits or combinations thereof, in which the Bank's executive officers participate.

  • Rights of Participant The Participant shall not have the rights of a stockholder of the Company with respect the Shares represented by the Restricted Stock Units, including, without limitation, the right to vote the Shares represented by the Restricted Stock Units, unless and until such Shares have been delivered to the Participant in accordance with Paragraph 9.

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