Company Discretionary Contribution Account definition

Company Discretionary Contribution Account means the bookkeeping account maintained by the Company for each Participant that is credited with an amount equal to the Company Discretionary Contribution Amount, if any, and earnings and losses pursuant to Section 4.2.
Company Discretionary Contribution Account means (i) the sum of all of the Participant’s Annual Company Discretionary Contribution Amounts, plus (ii) amounts credited or debited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant’s Company Discretionary Contribution Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Discretionary Contribution Account.
Company Discretionary Contribution Account means the Account that is credited with Company Discretionary Contributions to the Plan in accordance with section 3.4, together with investment earnings (or losses) thereon.

Examples of Company Discretionary Contribution Account in a sentence

  • A Participant shall be vested in accordance with any schedule that the Committee may establish with respect to his or her Company Discretionary Contribution Account, if any.

  • You or Your Employees may have access to a chat, phone or an email based program where a Registered Nurse or other health care provider or professional will ask Your Employees to answer questions so they can assess their health problems and give them advice (“Health Concierge”).

  • Any amounts credited to the Participant’s Company Supplemental Contribution Account and/or Company Discretionary Contribution Account shall not be eligible for a Short-Term Payout under the Plan.

  • If necessary, the Committee may reduce the vested portion of the Participant’s Company Discretionary Contribution Account in order to comply with this Section 3.10.

  • A Participant shall be vested in his or her Company Discretionary Contribution Account in accordance with any schedule that the Company or the Compensation Committee, where applicable, establishes with respect to his or her Company Discretionary Contribution, provided that the vesting period for Company Discretionary Contributions shall be at least 12 months.


More Definitions of Company Discretionary Contribution Account

Company Discretionary Contribution Account means a Sub-Account maintained for each Participant to which Company Discretionary Contributions made pursuant to Section 5.5 of the Plan are credited.
Company Discretionary Contribution Account means the bookkeeping account maintained by the Advisory Committee for each Team Member that is credited with an amount equal to: (1) the Company Discretionary Contribution Amount, if any, and (2) earnings and losses on such amounts pursuant to Section 4.2.
Company Discretionary Contribution Account means the separate account maintained for a Participant reflecting Company Discretionary Contributions, if any, allocated to such Participant pursuant to Paragraph D of Section Six of the Plan, as adjusted for earnings or losses thereon in accordance with the provisions of Section Eight of the Plan. The Company, in its sole discretion, may elect to make such contribution in cash or Company Stock.
Company Discretionary Contribution Account means a Sub-Account maintained for each Participant to which Company Discretionary
Company Discretionary Contribution Account means the record of money and assets held by the Trustee for an individual Participant or Beneficiary pursuant to the provisions of the Plan, derived from Company Discretionary Contributions to the Trust.
Company Discretionary Contribution Account means that account established for the benefit of a Participant to reflect Company Discretionary Contributions. "Company Discretionary Contributions" are the Employer contributions, if any, made in the form of Qualified Nonelective Contributions pursuant to Section 3.9 of the Plan. Company Discretionary Contributions shall be fully vested when allocated to a Participant's Company Discretionary Contribution Account.
Company Discretionary Contribution Account. An individual account for each Member, which is credited with the Employer Discretionary Contributions, if any, made on such Member's behalf pursuant to Section 3.3 plus such Member's allocation of forfeitures and which is credited with (or debited for) such account's allocation of net income (or net loss) and changes in value of the Trust Fund.