Matching Contributions Account definition

Matching Contributions Account means the Account established pursuant to Section 3.4(a).

Matching Contributions Account means the account established and maintained for a Participant to record amounts held in the Trust Fund which are attributable to Matching Contributions made by a Participating Employer on behalf of such Participant in accordance with subsection 5.1(a)(iii) hereof and any such allocations made pursuant to Section 7.4.

Matching Contributions Account means, for each Participant or Former Participant, the account established for the portion of his Account Balance attributable to Matching Contributions, if any.

Examples of Matching Contributions Account in a sentence

• A Matching Contributions Account will be maintained on behalf of each Accountholder who is allocated any Matching Contributions under the Plan or who succeeds to any such amounts.

• A Qualified Matching Contributions Account will be maintained on behalf of each Accountholder who is allocated any Qualified Matching Contributions under the Plan or who succeeds to any such amounts.

• The Employer may elect: (a) to apply a vesting schedule to the Additional Matching Contributions; and (b) to treat the Additional Matching Contributions Account as not subject to the distribution restrictions under Section 6.01(E).

• A Member shall have a vested and nonforfeitable interest in that vested percentage portion of the balance credited to the Member's Matching Contributions Account at any time determined by reference to his completed years of Vesting Service in accordance with the following schedule: Completed Years Vested of Vesting Service Percentage Less than 1 year 0% 1 year 20% 2 years 40% 3 years 60% 4 years 80% 5 years or more years 100% Accelerated Vesting.

• Any non-vested portion of a Participant's Matching Contributions Account or Profit Sharing Contributions Account that is forfeited as provided in Subsection 9.4.1. shall be credited to a Forfeiture Account and applied as provided in 5.7.1. and 5.7.2. below.

More Definitions of Matching Contributions Account

Matching Contributions Account means the bookkeeping account established for a Participant under the Plan and to which the Company's matching contributions under Section 5(b) of the Plan are credited from time to time, as adjusted from time to time under the Plan.

Matching Contributions Account means that portion of such Member's Account which evidences the value of the Matching Contributions made on the Member's behalf by an Employer, including any gains and losses of the Trust Fund attributable thereto.

Matching Contributions Account means the separate subaccount of a Participant’s Account which reflects the amount attributable to a Participant’s Matching Contributions and earnings and losses thereon.

Matching Contributions Account means the account established for a Participant under the Thrift Plan to which Matching Contributions are made.

Matching Contributions Account means the account maintained on behalf of each Participant which will represent the amount of the Matching Contributions made on behalf of such Participant pursuant to Section 5.1 of the Plan and the amount of the deemed investment earnings and losses on such Participant’s Matching Contributions.

Matching Contributions Account means the account maintained by the Company under the Plan for a Participant that is credited with the Participant's Matching Contributions, and any gains or losses allocable thereto.

Matching Contributions Account means that portion of such Member's Account which evidences the value of the Matching Contributions or Discretionary Matching Contributions made on his behalf by an Employer under Plan section 4.3, transferred from the Citizens State Bank 401-k Profit Sharing Plan, or transferred from the Harrisburg Bank Thrift Plan, including any attributable gains and losses of the Trust Fund;