Company Matching Contribution Account definition

Company Matching Contribution Account means Company Matching Contribution Amounts, plus (i) amounts credited in accordance with all the applicable crediting provisions of the Plan that relate to the Participant’s Company Matching Contribution Account, less (ii) all distributions made to the Participant or his or her Beneficiary pursuant to the Plan that relate to the Participant’s Company Matching Contribution Account.
Company Matching Contribution Account means the Account maintained by the Company for each Participant that is credited with Company Matching Contribution Amounts, if any, allocated to the Participant, and net earnings and losses on those amounts, as provided in Section 4.2.
Company Matching Contribution Account means the Account maintained for each Participant who has completed one (1) Year of Service and in which is recorded each such Participant’s share of the Participating Company Matching Contributions made to the Plan by a Participating Company and the Participant’s proportionate share of the Adjustments attributable to these contributions.

Examples of Company Matching Contribution Account in a sentence

  • A partially-vested Member is a Member whose Vested Interest, determined under Section 6.07(a), in either his Company Matching Contribution Account or his Company Profit Sharing Contribution Account, or both, is less than 100%.

  • The Committee in its sole discretion may credit a Participant with additional periods of service solely for purposes of vesting in his or her Company Matching Contribution Account.

  • A Participant shall vest in his or her Company Matching Contribution Account at the time such Participant either (i) attains 65 years of age, or (ii) attains ten (10) years of service credited with the Company and its subsidiaries.

  • The Member's Company Matching Contributions shall be credited to a separate Company Matching Contribution Account.

  • A Member who has completed at least two full Years of Service as of August 1, 1997 also shall be fully vested at all times (i) in his Company Matching Contribution Account and (ii) in his Company Profit Sharing Contribution Account determined at any time after July 31, 1997.


More Definitions of Company Matching Contribution Account

Company Matching Contribution Account means the bookkeeping account maintained by or for the Committee for each Participant, which account consist of (a) the amount credited by the Company on behalf of the Participant pursuant to Section 3.3, and (b) earnings and losses pursuant to Section 4.2.
Company Matching Contribution Account means that portion of the Trust Fund that, with respect to any Member or Deferred Member, is attributable to (i) any Matching Company Contributions made on his or her behalf under this Plan, (ii) any amounts attributable to matching contributions made on his or her behalf and transferred to the Trust Fund from the ITT Plan, and (iii) any investment earnings and gains or losses on any of the aforementioned amounts.
Company Matching Contribution Account means an account established for each Participant into which Company Matching Contributions are made. A Company Matching Contribution Account is established for each Participant in the Default Investment Fund, the CEG Common Stock Fund and the Other Investment Funds pursuant to the Participant’s investment designations. Prior to January 1, 2012, it meant an account established for each Participant in the CEG Common Stock Fund, into which shares of Common Stock purchased or acquired by the Trustee with Company Matching Contributions, loan repayments, or dividends on shares of Common Stock already in such account are invested, or an account established for each Participant in the Default Investment Fund and the Other Investment Funds pursuant to the interfund transfer provisions as set forth in the Plan.
Company Matching Contribution Account means the separate Account maintained for a Participant to record his share of the Trust Fund attributable to Company Matching Contributions made on his behalf.
Company Matching Contribution Account means the separate account maintained for each Participant reflecting Company Matching Contributions allocated to such Participant as provided in Sections 4.04 and 5.01 hereof, as adjusted in accordance with the provisions of Article VI hereof and shall include the amounts held in the Company Contribution Account under the Tax Benefit Plan.
Company Matching Contribution Account means the account to which a Participant’s Company Matching Contributions, if any, are allocated.
Company Matching Contribution Account means the bookkeeping account maintained by the Company for each Participant that is credited with an amount equal to the Company Matching Contribution Amount and earnings and losses pursuant to Section 4.2.