Matching Contribution Subaccount definition

Matching Contribution Subaccount means the bookkeeping account established for a Participant under Section 5.4 of the Plan to which the Company’s Matching Contributions under Section 4.2 of the Plan are credited from time to time.
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Matching Contribution Subaccount means the record of the Participant's Matching Contribution Credits under Section 4.1 and earnings (or loss) thereon.
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Matching Contribution Subaccount means so much of a Participant's Account as is attributable to Employer contributions made pursuant to Section 3.01(b) of the Plan, as adjusted to reflect the investment gains (losses) and expenses attributable thereto and distributions made therefrom.
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Examples of Matching Contribution Subaccount in a sentence

  • As of the last day of each period described in Section 3.01(b), the Employer matching contribution for such period shall be allocated to the Matching Contribution Subaccount of each Participant who is entitled to an Employer Matching Contribution for such period pursuant to Section 3.01(b) of this Plan.

  • The following service shall be disregarded in computing a Participant's nonforfeitable interest in his/her Employer Contribution Subaccount and/or Matching Contribution Subaccount pursuant to the provisions of Section 10.02: service disregarded pursuant to the provisions of Section 10.04.

  • Any Employer contribution made to a Participant's Employer Contribution Subaccount or Matching Contribution Subaccount solely for the purpose of reinstating the balance of that account to the balance thereof as of the date of a prior cash-out of benefits, and any military service make-up contribution made by the Employer shall be deemed to have been made on the date on which such amount is received by the Trustee from the Employer.

  • Except as to his/her interest in his/her Employer Contribution Subaccount and his/her Matching Contribution Subaccount, the interest of each Participant in his/her Account is nonforfeitable (fully vested).


More Definitions of Matching Contribution Subaccount

Matching Contribution Subaccount means the account established and maintained on behalf of a Participant pursuant to Section 6.2(b) with respect to the Participant's Matching Contributions.
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