Profit Sharing Contributions Account definition

Profit Sharing Contributions Account means the account established and maintained for each Participant to reflect amounts held in the Trust Fund on behalf of such Participant which are attributable to any Profit Sharing Contributions in accordance with Section 5.5.

Profit Sharing Contributions Account means the account maintained on behalf of each Participant which will represent the amount of the Profit Sharing Contributions made on behalf of such Participant pursuant to Section 6.2 of the Plan and the amount of the deemed investment earnings and losses on such Participant’s Profit Sharing Contributions.

Profit Sharing Contributions Account means the Account maintained to record the Profit Sharing Contributions made on behalf of a Participant pursuant to Section 4.3.

Examples of Profit Sharing Contributions Account in a sentence

• All of a Participant's Years of Service with the Employer shall be counted to determine the nonforfeitable percentage of his Employer Profit Sharing Contributions Account and/or his Employer Pension Contributions Account except those Years of Service excluded under item 7 of the Adoption Agreement.

• All amounts allocated to a Participant’s Matching Contributions Account and Profit Sharing Contributions Account before November 1, 2005 were required to be invested in the Williams-Sonoma, Inc.

• All Supplemental Profit Sharing Contributions shall be credited to the Supplemental Profit Sharing Contributions Account maintained for the Participant.

• A Member who has attained age 50 may reallocate assets in the Matching Contributions Account and Profit Sharing Contributions Account among the Investment Funds, in accordance with the provisions of Subsection 7.1(b).

• In-service withdrawals from Matching Contributions will not be allowed unless one of the following boxes is checked: [ ] In-service withdrawals from Profit Sharing Contributions Account will only be allowed in case of a financial hardship as such term is defined in Article 9.1 of the Master Plan Document or the Employer's Individual Plan Document.

More Definitions of Profit Sharing Contributions Account

Profit Sharing Contributions Account means the account into which Profit Sharing Contributions, if any, and investment gains and losses thereon shall be credited.

Profit Sharing Contributions Account means that portion of such Member's Account which evidences the value of the Profit Sharing Contributions made on the Member's behalf by an Employer pursuant to Section 5.2, including any gains and losses of the Trust Fund attributable thereto.

Profit Sharing Contributions Account means the account established and maintained under this Plan to record a Participant’s interest under this Plan attributable to any amounts credited to his or her account under the Clayton Williams Energy, Inc. 401(k) Plan that are transferred to this Plan and attributable to profit sharing contributions made to that plan.

Profit Sharing Contributions Account means the Account in the name of the Participant to record the profit sharing contributions allocated to such Participant.

Profit Sharing Contributions Account means the account maintained for each Participant reflecting the Profit Sharing Contributions attributable to the Participant, including net earnings or losses thereon.

Profit Sharing Contributions Account means a Participant’s “Profit Sharing Contributions Account” under the Retirement Plan and such other accounts under such plans, if any, as may be designated in an appendix hereto. For periods prior to January 1, 2008, the term Profit Sharing Contributions Account means the Participant’s Company Retirement Contributions Account.

Profit Sharing Contributions Account means the separate account for each Participant which shall account for his share of the Trust Fund attributable to any Profit Sharing Contributions made or transferred to the Plan on the Participant’s behalf.