Employer Matching Account definition

Employer Matching Account means (i) the sum of all of a Participant's Annual Employer Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant’s Employer Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Employer Matching Account.

Employer Matching Account means the account to which the Employer Matching Contributions made pursuant to Section 3.3(a) and earnings and losses on such contributions are credited, to the extent such contributions are provided for in the Adoption Agreement.

Employer Matching Account means the bookkeeping account maintained under the Plan for each Participant that is credited with an amount equal to the Employer Matching Contribution, if any, debited by amounts equal to all distributions to and withdrawals made by the Participant and/or his Beneficiary and adjusted for investment earnings and losses pursuant to Article V.

Examples of Employer Matching Account in a sentence

• The vested portion of his Employer Matching Account shall be equal to the percentage that corresponds, in the vesting schedule specified in the Plan Agreement, to the number of Years of Service credited to the Participant as of the end of the Year of Service in which his employment terminates.

• Excess Aggregate Contributions shall be forfeited if forfeitable, or distributed on a pro-rata basis from the Participant's Participant Contribution Account, Employer Matching Account, and Qualified Matching Account (and, if applicable, the Participant's Qualified Nonelective Account or Elective Deferral Account, or both).

• An Employer Matching Account shall be maintained for a Participant's accrued benefit attributable to Matching Contributions.

• Each Participant’s Employer Matching Account is vested based on the schedule provided in the Adoption Agreement.

• Employer Matching Account means the Account of a Participant reflecting applicable contributions, forfeitures, investment income or loss allocated thereto and distributions.

More Definitions of Employer Matching Account

Employer Matching Account means that separate bookkeeping account maintained for each Participant pursuant to and more particularly described in 8.4.

Employer Matching Account means the portion of the Participant's Account attributable to Employer Matching Credits, and the earnings thereon.

Employer Matching Account means an account maintained on the books of the Plan, in which are recorded the Employer Matching Contributions made on behalf of a Participant and the income, expenses, gains and losses incurred thereon.

Employer Matching Account means that portion of each Participant’s Account that represents his interest in the Plan that is credited pursuant to Sections 4.1(c) and 4.1(d), including an amount equal to an Initial Participant’s employer matching account under the Prior Supplemental Plan immediately before the Effective Date.

Employer Matching Account means that portion of each Participant’s Account that represents his interest in the Plan that is credited pursuant to Sections 4.1(b) and 4.1(c).

Employer Matching Account means the Account to which is credited the Employer Matching Contributions made on a Participant's behalf attributable to Plan Years beginning prior to January 1, 2009 and any earnings or losses on those contributions.

Employer Matching Account means the account established and maintained under this Plan by the Committee to record a Participant’s interest under this Plan attributable to (i) Matching Contributions made by an Employer for such Participant pursuant to Section 3.2 and forfeitures applied pursuant to Section 3.7 to reduce the amount of such contributions for such Participant, and (ii) any amounts credited to his or her Employer Matching Account under the Previous Plan as in effect on December 31, 2014.