Deferred member means a person who elected to receive deferred vested retirement
Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.
Employee Member means a member of the “Bargaining Unit”.
Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.
Former Member means a member that has withdrawn from a qualified authority under this section or a prior member of a qualified authority that has been dissolved under this section.
Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the
Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;
Inactive member means a member of the pension program or the individual account pro-
Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.
Active member means a member of the pension program or the individual account program
Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.
Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.
Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.
Participating employee means an employee whose election to participate in a Plan has been approved by the employer.
Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.
Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.
Executive Member means any elected member of the authority appointed to the executive of that authority;
Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.
Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.
Class C Member means a Member holding the Class C Ordinary Share.
Plan Account means the account established for each Participant pursuant to Section 8(a).
Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.
Class B Member means a Member holding one or more Class B Ordinary Shares.