Examples of Account Transfer Date in a sentence
VPG shall cause the VPG NQDB Plan and the VPG NQDB Plan rabbi trust to accept such transfer of accounts and associated amounts and, effective as of the Account Transfer Date, to assume and to fully perform, pay and discharge all obligations of the Vishay NQDB Plan relating to the accounts of VPG Participants as of the Account Transfer Date, to the extent the amounts related to those accounts are actually transferred from the Vishay NQDB Plan to the VPG NQDB Plan.
Net Premium will be allocated to the Interim Account on the day it is received and will remain there until the next Interim Account Transfer Date.
On the Interim Account Transfer Date, Accumulation Value in the Interim Account will be transferred to the Fixed Indexed Accounts based upon the policy owner’s allocation instructions.Market-Timing and Disruptive Trading.
The account balances in the Vishay NQDB Plan of Vishay Employees or former Vishay Employees who become VPG Employees after the Account Transfer Date shall remain in the Vishay NQDB Plan, and shall continue to be governed by the terms of the Vishay NQDB Plan.
The Vishay 401(k) Plan accounts of individuals who become VPG Employees after the Account Transfer Date shall be governed by the terms of the Vishay 401(k) Plan.