Company Contributions Account definition

Company Contributions Account means (i) the sum of all of a Participant’s Company Matching Amounts, plus (ii) the sum of all Discretionary Company Contributions, plus (iii) amounts credited or debited to the Participant’s Company Contributions Account in accordance with this Plan, less (iv) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contributions Account.

Company Contributions Account means the bookkeeping account maintained by the Committee for each Participant that is credited with Company Contributions and investment gains or losses thereon.

Company Contributions Account means the account maintained for each Participant to which contributions made by the Companies shall be allocated.

Examples of Company Contributions Account in a sentence

• A Participant whose vested percentage of his Company Contributions Account is zero (0) at the date of his termination of employment shall be deemed to have received a distribution upon his termination of employment.

• A Participant who continues in the employment of a Company after his Normal Retirement Date shall continue to participate in this Plan, and contributions shall be allocated to his Company Contributions Account as otherwise provided in this Plan.

• Any Participant whose employment with the Companies is terminated as set forth in Section 6.2 shall be entitled to a percentage (as determined below) of the entire balance credited to his Company Contributions Account as of the Valuation Date coincidental with or immediately following the date of termination of his employment.

• At the time a Company Contributions Account is established, the Company shall specify the time and manner in which it will be distributed to the Participant.

• Each Participant (or, if applicable, his Beneficiary) shall have the right to direct the Trustee as to whether the shares of Stock which are allocated to his Company Contributions Account are to be tendered pursuant to any tender offer made for the Stock of the Holding Company.

More Definitions of Company Contributions Account

Company Contributions Account means the account established and maintained for each Participant under Article VII for purposes of holding and accounting for amounts held in the Trust Fund which are attributable to Company Contributions, and any earnings thereon, pursuant to Section 6.1(a).

Company Contributions Account means the account to which is credited a Member’s share of Company Contributions pursuant to Article 5, as more specifically described in Article 7.

Company Contributions Account means the Account consisting of the balance attributable to Company Contributions.

Company Contributions Account means an account maintained for each Participant to which is allocated her share of Company Contributions and Forfeitures and all earnings, appreciation or losses attributable thereto.

Company Contributions Account of a Participant shall mean his individual account in the Trust Fund established in accordance with Section H6.2(a).

Company Contributions Account means an account maintained on the books of the Plan for the purpose of recording allocations to a Participant of contributions made to the Plan by the Company pursuant to Section 5.2, and any income, expenses, gains and losses attributable thereto and any withdrawals or distributions therefrom.

Company Contributions Account means the bookkeeping account maintained by the BAC on behalf of each Participant to which Company Contributions are credited in accordance with Sections 4.1 and/or 4.2 for a Plan Year.