Converted Participant definition

Converted Participant means a Participant who was hired by the Company before September 1, 2007 and elected in 2007 to receive a reduced future rate of benefit accrual under the Basic Plan.
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Converted Participant means a Participant who was hired by the Company before September 1, 2007 and elected in 2007 to receive a reduced future rate of benefit accrual under the Company's Management Pension Plan in exchange for an increased matching contribution under the Employee Savings Plan.
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Converted Participant means a Participant, other than a Legacy Plan Participant, who is an Eligible Employee on the Amendment Effective Date and provides the Company with a valid and enforceable Conversion Election no later than April 2, 2004.
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Examples of Converted Participant in a sentence

  • Notwithstanding that the Basic Plan does not provide for lump sum benefits to Converted Participants or Post-2007 Participants, the Actuarial Equivalent lump-sum benefit of a Converted Participant or Post-2007 Participant under this Plan shall be determined by applying the same principles that would be applied in determining the Actuarial Equivalent lump sum benefits to a similarly situated Stationary Participant.

  • The Plan Account of each Converted Participant shall also be credited with an amount equal to such individual's Converted Benefit Amount.

  • The Authority shall be responsible for measuring the amount of Surface Water supplied to each Converted Participant by reading the Authority Meters on the Conversion Date and on the first day of every month thereafter.

  • A Converted Participant shall be subject to penalties for failure or refusal to at least take the applicable Contract Quantity of Surface Water from the Project on a monthly basis.

  • Surface Water usage measured by the Authority Meters shall be made available by the Authority to the Converted Participant through ORS.


More Definitions of Converted Participant

Converted Participant means a Participant receiving Surface Water from the Project.
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Related to Converted Participant

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • Voting Participant has the meaning specified in Section 10.06(d).

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Requesting Participant means a Participant initiating an RFQ.

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Principal Participant means any of the following entities:

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Other Participant means a cooperative project participant other than the United States.

  • Participant has the meaning specified in Section 10.06(d).

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Study Participant means a person recruited to participate in the Study.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.