Match Account definition

Match Account means the subaccount established for each Eligible Member under his Stock Ownership Account pursuant to Section 6.01(c) to receive and hold Matching Allocations and to hold bonus allocations made under the Stock Ownership Plan prior to October 1, 1996.

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Match Account means the subaccount to which shall be credited the Employer Matching Contributions made on a Participant’s behalf.

Match Account means the account credited with Matching Contributions made pursuant to Section 3.03, including any earnings and losses thereon.

Examples of Match Account in a sentence

• The Trustee shall post such amount to each Participant's Company Match Account once the total Contribution received has been balanced against the specific amount to be credited to each Participant's Company Match Account.

• If the Executive, at the time of the Qualifying Termination, is at least 48 years old but not yet age 55, monthly payments equal in amount to those the Executive would be entitled to receive pursuant to the Retirement Plan and the Supplemental Plan (excluding amounts accrued in the PensionPlus Match Account) if paid in the form of a single life annuity.

• The statement shall include a report of the Employee Deferral Account and Company Match Account and the number of units allocated to the Accounts for that Deferral Year.

• Account Name – Should Match Account Name From Bank/Building Society.

• The Company Match shall be allocated to the Employee's Company Match Account coincident with the allocation of the Employee's Deferral to the Employee's Deferral Account.

More Definitions of Match Account

Match Account. An account created to hold amounts attributable to Match Contributions for periods after October 31, 1990 and amounts transferred from the Hourly Plan and/or the Branch Plant Hourly Plan designated as "Match Account" amounts thereunder.

Match Account means the Account established to record a Participant's Matching Contributions.

Match Account means the subaccount established for each Eligible Member under his Stock Ownership Account to hold Matching Allocations made before

Match Account means the bookkeeping account established on behalf of a 401(k) Participant in accordance with Section 12.4. Prior to this restatement of the Plan, this account was named “Supplemental Profit Sharing Contribution Account.”

Match Account. An account created to hold amounts attributable to Match Contributions and amounts transferred from the Salaried Plan and the Hourly Plan designated as "Match Account" amounts thereunder.

Match Account means an account opened by [Fiscal Agent] for the purpose of holding funds raised by [Sponsoring Office/Department/Organization] to be used as Incentives or Rewards.

Match Account means any one of the Accounts so designated and provided for in Paragraph 7.1(d).