Trust Participant Sample Clauses

Trust Participant. Upon death of an eligible individual who was previously employed in the Unit and separated from County service and became a participant of the Trust, the surviving spouse or domestic partner, if any, shall become their beneficiary who shall be entitled to the rights and benefits under the plan for the surviving spouse or domestic partner and any dependent(s) of the participant. In the event there is no spouse or domestic partner, or upon the death of the surviving spouse or domestic partner, the beneficiary shall be the participant's remaining dependent(s), if any. If there is no surviving spouse, domestic partner or dependents of the participant, the amounts on deposit in the participant's account shall become the property of the Trust, which shall be used for purposes of the plan, including administrative expenses or funding of additional plan benefits, if any.
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Trust Participant. Refers to a participating library that assumes long-term responsibilities for print retention on behalf of the consortium. Materials may be stored in a library building, storage facility or other secure location and made available to their user community as well as others in the program. Trust Projects - Specific initiatives or programs designated by participating libraries which will follow the terms and conditions designated in the MOU. Examples include circulating monographs, serials, microforms and other genre specific areas. Some of the Trust Projects may have their own published guidelines and procedures while others may refer to existing guidelines.
Sample 1

Related to Trust Participant

  • Participant See Section 7(a) hereof.

  • Plan Administrator Employees must elect a plan administrator during their initial enrollment in Advantage and may change their plan administrator election only during the annual open enrollment and when permitted under Section 5. Dependents must be enrolled through the same plan administrator as the employee.

  • Eligible Employee For purposes of the SIMPLE 401(k) Plan provisions, any Employee who is entitled to make Elective Deferrals under the terms of the SIMPLE 401(k) Plan.

  • Participants The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

  • Eligible Participants Families and individuals experiencing homelessness. For the purposes of the Program, families and individuals are considered to be homeless only when he/she/they lack(s) a fixed, regular and adequate nighttime residence and reside(s) in a place not meant for human habitation, such as cars, parks, sidewalks, abandoned buildings, motels, or other shelters, or for reference as further defined in 24 CFR Part 578.3 and 576.2.

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

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