Participant Account definition

Participant Account means an account established under this contract for a Participant. Contributions received by AUL shall be credited to Participant Accounts as AUL is directed in writing.
Participant Account means an administrative record maintained by the system reflecting the participant’s accumulated drop benefit.
Participant Account means that separate account maintained under the Plan to record the amount that a Participant has contributed to the Plan during an Offering Period.

Examples of Participant Account in a sentence

  • The Participant’s interest in his or her Participant Account shall only be that of a general, unsecured creditor of the Company.

  • Participant Account values shall be determined as of each Trade Date.

  • This charge is to be prorated among each subaccount of the Participant Account which corresponds to each Investment Option utilized under the Contract by that Participant Account.

  • AUL shall deduct an administrative charge per Contract year quarter equal to the lesser of $7.50 or 0.5% of the Account Value on the last day of each such quarter from each Participant Account in existence on such day for so long as the Participant Account is in effect during the Accumulation Period.

  • If the entire Account Value of a Participant Account is withdrawn, the Participant shall be paid the Withdrawal Value.


More Definitions of Participant Account

Participant Account is an account under this contract for each Participant. Each Contribution-Source is tracked separately within the Participant Account. We credit Contributions to Participant Accounts and Contribution-Sources as you direct.
Participant Account means that separate account maintained hereunder to record the amount that a Participant has contributed to the Plan during an Offering Period.
Participant Account means the following accounts established for the Participant and maintained in the Trust Fund for each Participant pursuant to Article VI, including any earnings and losses attributable thereon:
Participant Account means that total of the Participant Deferral Account, the Participant 457 Rollover Account (including any earnings and losses attributable thereon), and the Participant Non-457 Rollover Account (including any earnings and losses attributable thereon) for each Participant, or if applicable, Beneficiary under the Plan. If the Beneficiary is an irrevocable trust, one separate Account may be established for the trust regardless of the number of beneficiaries of the trust, at the Third Party Administrator's discretion, or the Third Party Administrator may establish separate Accounts for each separate beneficiary of the trust.
Participant Account means the account established by the Company for each Participant who is granted an Award under the Leadership Stock Program to record and account for the grant of the Award and any dividend equivalents that are to be credited to the Account pursuant to Article 10, until such time as the balance in the Account is paid, canceled, forfeited or terminated, as the case may be.
Participant Account is an account under this contract for each Participant. Each Participant Account may have subaccounts for each type of Contribution. We credit Contributions to Participant Accounts and Contribution-type subaccounts as you direct.
Participant Account means the account maintained for each Participant which is a separate, personal, custodial account for each Participant in the Trust and to which unvested Restricted Shares of a Participant are allocated pursuant to Section 2.3(e).