Company Match Account definition

Company Match Account means (i) that portion of a Participant’s Account Balance which is represented by the Participant’s aggregate 10% company match described in Section 3.7 of the Prior Plan, which was transferred to and is being held under the terms of this Plan, as well as any appreciation (or depreciation) specifically attributable to such matching amounts accumulated under the Prior Plan, plus (ii) the sum of the Participant’s Annual Company Match Amounts, plus (iii) amounts credited or debited in accordance with all the applicable crediting and debiting provisions of this Plan that relate to the Participant’s Company Match Account, less (iv) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Match Account.
Company Match Account means the subaccount maintained to record any Company Match Contributions made on behalf of the Participant pursuant to Sections 4.1 and 5.2, and any adjustments relating thereto.
Company Match Account means a CDP Account that is maintained to reflect any CDP Company Matching Credits credited on a CDP Participant’s behalf pursuant to Article V.

Examples of Company Match Account in a sentence

  • Any amount in your Company Match Account which is not vested does not count in determining the amount available for loan.

  • With respect to Company Match Account contributions transferred from the HAMTC Savings Plan, those contributions made from June 1, 1999 forward are immediately 100% vested; contributions made before June 1, 1999 require five (5) years of vesting service in order to be 100% vested.

  • If you transferred Company Match Account contributions from the O&E Investment Plan, you may withdraw such amounts if vested.

  • Investment of Company Match Account - This account will at all times be invested in the common stock of the Company.

  • A singular approach is adequate in unravelling the nature and scope of collusion.


More Definitions of Company Match Account

Company Match Account means the record of amounts attributable to contributions made by Participating Employers on behalf of Participants pursuant to Section 4.5, by way of partial matching of contributions made to Participants’ 401(k) Accounts, together with Trust earnings with respect thereto.
Company Match Account means a bookkeeping record established to receive a Participant’s Matching Contributions. The Pre-2005 Vested Company Match Account includes Matching Contributions recorded and vested as of December 31, 2004, and earnings thereon. The Post-2004 Company Match Account includes Matching Contributions recorded but not vested as of December 31, 2004, and all Matching Contributions recorded after December 31, 2004, and earnings thereon.
Company Match Account means the Member’s subaccount credited with the Company Matching Contributions and earnings on those amounts.
Company Match Account means the CDP Account of a Participant that is maintained to reflect any match contribution made by the Company.
Company Match Account means a Participant’s account into which shall be credited Company Matching Contributions, plus earnings thereon.
Company Match Account means a CDP Account that is maintained to reflect any CDP Company Matching Credits credited on a CDP Participant’s behalf, and earnings and losses thereon, pursuant to Article V.
Company Match Account means the Account established for each Participant to which the amounts described in Section 5.03 and the earnings thereon are credited.