Employer Matching Contribution Account definition

Employer Matching Contribution Account means the separate account established in the name of a Participant pursuant to Article 6.2(a)(iii) to record the Employer Matching Contributions on behalf of the Participant and the earnings, losses, and expenses allocated thereto.

Employer Matching Contribution Account means a separate Account maintained for each Participant, consisting of the Participant's share of Employer Matching Contributions, plus any earnings of the Trust and any realized or unrealized gains and losses allocable to such Account, but less any amounts previously distributed to the Participant, Former Participant or Beneficiary for whom the Account is maintained.

Employer Matching Contribution Account means the sub-account that is attributable to matching contributions made by the Employer pursuant to Section 5,6.

Examples of Employer Matching Contribution Account in a sentence

• Matching Contributions shall be allocated to each eligible Participant's Employer Matching Contribution Account.

• Each Participant's Regular Account, Employer Discretionary Contribution Account, and Employer Matching Contribution Account shall vest in accordance with the vesting schedule elected in the Adoption Agreement.

• If elected by the Employer in the Adoption Agreement, distributions may be made from a Participant's Elective Deferral, Qualified Nonelective Contribution Account, vested portion of the Participant's Employer Discretionary Contribution Account, or the vested portion of the Employer Matching Contribution Account on account of financial hardship if the distribution is necessary in light of the immediate and heavy financial needs of the Participant.

• Any balance in the Regular Account, Employer Discretionary Contribution Account or in the Employer Matching Contribution Account, if any, of a Participant who is separated from service, to which he is not entitled under the foregoing provisions, shall be forfeited and applied as provided in Sections 3.2 and 4.2 of this Plan, and Section X(E) of the Dreyfus Standardized/Paired Prototype Target Benefit Plan and Trust Adoption Agreement.

• Except in the case of Plans subject to full and immediate vesting, a Participant's vested amount shall be calculated by multiplying his Regular Account balance, Employer Discretionary Contribution Account balance, and Employer Matching Contribution Account balance, if any, as determined on the Valuation Date following his termination of employment by his vested interest as determined under Section 7.

More Definitions of Employer Matching Contribution Account

Employer Matching Contribution Account means the separate account maintained pursuant to Section 7.03(d) hereof for Employer Matching Contributions allocated to the Participant and the income, expenses, gains and losses attributable thereto.

Employer Matching Contribution Account means the account maintained for a Participant to record Employer Matching Contributions (and adjustments thereto) made on his behalf.

Employer Matching Contribution Account means the sum of (i) a Participant's share of Company Matching Contributions plus (ii) interest thereon credited in accordance with the applicable interest crediting provisions of the Plan, net of all distributions from such Account. This Account shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to the Participant pursuant to the Plan.

Employer Matching Contribution Account means the separate Account of a Participant consisting of Employer Matching Contributions allocated thereto, increased by net gains and decreased by net losses and distributions therefrom, all in accordance with the provisions of the Plan.

Employer Matching Contribution Account means the account maintained for a Participant to record Employer Matching Contributions made by the Employer and earnings and losses that accrue on such contributions.

Employer Matching Contribution Account means an account established and maintained by the Plan Administrator or Trustee to record a Participant’s share of Employer matching contributions to the Plan and any gains or losses (other than Dividends) of the Trust attributable thereto.

Employer Matching Contribution Account means the portion of a Participant's Individual Account consisting of the Employer Matching Contribution allocated to such Participant pursuant to Section 5.4 (Allocation of Employer Contributions), together with the Adjustments thereto.