VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Employer's Trust Fund which the net credit balance in his Account (exclusive of the cash value of
Appears in 4 contracts
Samples: Contribution Prototype Plan and Trust Agreement (Quicksilver Resources Inc), World Acceptance Corp, Transcrypt International Inc
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Employer's Trust Fund which the net credit balance in his Account (exclusive bears to the total net credit balance in the Accounts of all Participants. For purposes of a distribution under the Plan, the value of a Participant's Accrued Benefit is its value as of the cash value ofvaluation date immediately preceding the date of the distribution.
Appears in 3 contracts
Samples: Employee Stock Ownership Plan and Trust Agreement (Fronteer Directory Company Inc), Employee Stock Ownership Plan And (Edwards J D & Co), Liberty Bancshares Inc /Mo
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Employer's Trust Fund which the net credit balance in his Account (exclusive of the cash value ofthe
Appears in 2 contracts
Samples: Adoption Agreement (Schuler Homes Inc), Section Reference Plan Definition (Autobytel Com Inc)
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's ------------------------------------- Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Employer's Trust Fund which the net credit balance in his Account (exclusive of the cash value of
Appears in 1 contract
Samples: Expedia Inc
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Employer's Trust Fund which the net credit balance in his Account (exclusive bears to the total net credit balance in the Accounts of all Participants. For purposes of a distribution under the Plan, the value of a Participant's Accrued Benefit attributable to his General Investments Account is its value as of the cash value ofvaluation date immediately preceding the date of the distribution.
Appears in 1 contract
Samples: And Trust Agreement (Millers Mutual Fire Insurance Co)
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Employer's Trust Fund which the net credit balance in his Account (exclusive bears to the total net credit balance in the Accounts of all Participants. For purposes of a distribution under the Plan, a Participant's Accrued Benefit is the balance of the cash value ofParticipant's Account(s) as of the Accounting Date immediately preceding the date of the distribution.
Appears in 1 contract
Samples: Argo Tech Corp
VALUE OF PARTICIPANT'S ACCRUED BENEFIT. The value of each Participant's Accrued Benefit consists of that proportion of the net worth (at fair market value) of the Employer's Trust Fund which the net credit balance in his Account (exclusive bears to the total net credit balance in the Accounts of all Participants. For purposes of a distribution under the Plan, the value of a Participant's Accrued Benefit attributable to his General Investments Account is its value as of the cash value ofvaluation date immediately preceding the date of the distribution."
Appears in 1 contract
Samples: Liberty Bancshares Inc /Mo
