Participant's Accounts. 100 1.3 Annual Account Charge . . . . . . . . . . . . . . . 110 1.4 Reports . . . . . . . . . . . . . . . . . . . . . . 110 II. INVESTMENT ACCOUNT - UNIT VALUES - COMMITTEE 2.1 The Prudential Variable Contract Account-10 (VCA-10) . . . . . . . . . . . . . . . 200 2.2 VCA-10 Unit Value . . . . . . . . . . . . . . . . . 200 2.3 VCA-10 Committee. . . . . . . . . . . . . . . . . . 210
Participant's Accounts. 100 1.3 Annual Account Charge. . . . . . . . . . . . . . . 110 1.4 Reports. . . . . . . . . . . . . . . . . . . . . . 110
Participant's Accounts. The Administration Committee shall maintain the following “Accounts” in the name of each Participant and such additional Accounts (if any) as the Administration Committee may determine from time to time:
Participant's Accounts. The Administrator will maintain an Account for each Participant, reflecting hypothetical contributions credited to the Participant, along with hypothetical earnings, expenses, gains and losses, pursuant to the terms hereof. A hypothetical contribution shall be credited to the Account of a Participant on the date determined by the Employer and accepted by the Plan recordkeeper. The Administrator will maintain such other accounts and records as it deems appropriate to the discharge of its duties under the Plan.
Participant's Accounts. The Trustee shall establish and maintain the Trust Fund. The Company has appointed a record keeper to establish and maintain Accounts in the name of each Participant. All contributions shall be allocated to each such Participant pursuant to the provisions of Section 5.3 hereof.
Participant's Accounts. An account shall be established for each participant with respect to Fund I, Fund II and with respect to Fund III, Fund IV, Fund V, Fund VI, Fund VII, Fund VIII and Fund IX or any other such fund that reasonable accounting practices shall require be established. All Funds shall be main- tained in United States dollars. A determination shall be made on each monthly valuation date of the value with respect to each fund, and shall reflect contributions made by both the participant and the Company and any gains or losses of the funds. Each participant shall be provided a statement of his accounts, reflecting the value thereof, not less often than annually. Notwithstanding the foregoing, the Company shall have the right to change the method of accounting from time to time except that no participant's account balances shall be reduced because of such change. 6.3
Participant's Accounts. This Section ------------------------------------------------- 11.01 shall apply only to Participants who remain in the employ of the Employer.
Participant's Accounts. Prudential will establish a "Participant's Account" for each person for whom a contribution is paid under this contract. This Account is expressed in Units of the separate investment account described in section on 2.1 A number of Units will be added to the Participant's Account on each day a contribution is received by Prudential for the Participant. This number is determined by dividing the dollar amount of the contribution by the Unit Value for the day the contribution is received (see section 2.2 for a description of the Unit Value). A number of Units will be subtracted from the Participant's Account on each day on which a withdrawal is made from his Account. This number is equal to the number GVA-120-87 (10/11) (as modified by Group Annuity Amendment Form GAA-7764) Serial 110 1.1-1.2 requested for withdrawal or, if applicable, the number determined by dividing the dollar amount to be withdrawn by the Unit Value for the day of withdrawal. A Participant's Account is the sum of the Units added to it, less the sum of the Units subtracted from it. The dollar value of a Participant's Account as of any day is the product of the number of Units in his Account at the close of business on that day and the Unit Value for that day. A Participant has a non-forfeitable interest in his Account. The Account is subject to charges described later.
Participant's Accounts. The Participant's Accounts shall be distributed at the Participant's discretion as of any Valuation Date following the Participant's retirement date, but not earlier than as of the next Valuation Date. In no event, however, may a Participant who is no longer an Employee delay the receipt of any Account balances after the Participant attained or would have attained age 70 1/2.
Participant's Accounts. The assets of the Trust Fund shall constitute a single fund in which each Participant, Beneficiary or Alternate Payee shall have his proportionate interest as provided in this Plan. The Committee shall maintain, or cause to be maintained, with respect to each Employer, individual Accounts for each Participant, Beneficiary or Alternate Payee. A Participant shall have a Company Contribution Account, a Company Matching Contribution Account, and an Employee Elective Contribution Account, and, if applicable, an ESOP Employer Contribution Account and/or an ESOP Employee Contribution Account and/or a Rollover Account, and, where appropriate, an Alternate Payee shall have a QDRO Account. Each Account shall reflect the credits and charges allocable thereto in accordance with the Plan. The Committee shall maintain, or cause to be maintained, records which will adequately disclose at all times the state of the Trust Fund and of each separate interest therein. The books, forms and methods of accounting shall be entirely in the hands of and subject to the supervision of the Committee.
