Participant Account definition

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.

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.

Examples of Participant Account in a sentence

• In addition, following a Plan termination, Participant Account Balances shall remain in the Plan and shall not be distributed until such amounts become eligible for distribution in accordance with the other applicable provisions of the Plan.

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

• All such contributions shall be accompanied by written instructions from the Employer accounting for the manner in which they are to be credited and specifying the appropriate Participant Account to which they are to be allocated.

• Any withdrawal notice delivered by a Participant pursuant to paragraph (A) above shall be irrevocable by the Participant and membership may only be reinstated pursuant to a new application for membership following the close-out or transfer of all open Company Contracts in its Participant Account and each of its Customer Accounts, as applicable.

• In addition, following a Plan termination, Participant Account balances shall remain in the Plan and shall not be distributed until such amounts become eligible for distribution in accordance with the other applicable provisions of the Plan.

More Definitions of Participant Account

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 Contribution-Source is tracked separately within the Participant Account. We credit Contributions to Participant Accounts and Contribution-Sources as you direct.

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 is an account under the Contract for you. Your Participant Account may have subaccounts for each type of Contribution. We credit Contributions to your Participant Account and Contribution-type subaccounts as the Contractholder directs.

Participant Account means, with respect to a Participant's Policy, a bookkeeping entry maintained by the Employer pursuant to Section 6 of the Plan, equal to the excess, if any, of the cash value of the Policy over the Employer Account.

Participant Account means, for each Participant, the Record Keeper’s record of the portion of the Contract Balance allocated to each Participant from time to time by the Record Keeper in connection with the Plan Option.