Qualified Matching Contributions Account definition

Qualified Matching Contributions Account. The Account established for a Participant pursuant to Section 3.8.7.

Qualified Matching Contributions Account means the Account of a Participant to which are credited any Qualified Matching Contributions allocated to the Participant each Plan Year under Section 3.1(d) of this Plan.

Qualified Matching Contributions Account means an account established pursuant to section 7.2 with respect to Qualified Matching Contributions made pursuant to sections 6.3(a)(1). A Participant's Qualified Matching Contributions Account shall also include amounts previously credited to the Participant's "Post-1998 ESOP Matching Contribution Account" in this Plan under the terms of this Plan as in effect immediately before this Amendment and Restatement.

Examples of Qualified Matching Contributions Account in a sentence

• The distribution events applicable to the Participant's Deferral Contributions Account, Qualified Nonelective Contributions Account and Qualified Matching Contributions Account must satisfy the distribution restrictions described in paragraph (m) of Section 14.03.

• The Employer must specify in its Adoption Agreement whether the Advisory Committee will allocate matching contributions to the Qualified Matching Contributions Account or to the Regular Matching Contributions Account of each Participant.

• A hardship distribution option may not apply to the Participant's Qualified Nonelective Contributions Account or Qualified Matching Contributions Account, except as provided in paragraph (3).

• To make allocations under the Plan, the Advisory Committee must establish a Deferral Contributions Account, a Qualified Matching Contributions Account, a Regular Matching Contributions Account, a Qualified Nonelective Contributions Account and an Employer Contributions Account for each Participant.

• Excess Contributions shall be distributed from the Participant's Qualified Nonelective Contributions Account only to the extent that such Excess Contributions exceed the balance in the Participant's Elective Deferrals Account and Qualified Matching Contributions Account.

More Definitions of Qualified Matching Contributions Account

Qualified Matching Contributions Account. 9 1.80 "Qualified Nonelective Contributions" 9 1.81 "Qualified Nonelective Contributions Account" 9 1.82 "Qualified Plan" 9 1.83 "Qualifying Employer Securities" 9 1.84 "Rollover Contribution" 9 1.85 "Rollover Contributions Account" 9 1.86 "Self-Employed Individual" 9 1.87 "Social Security Retirement Age" 9 1.88 "Sponsor" 9 1.89 "Spouse" 9 1.90 "Surviving Spouse" 10 1.91 "Taxable Wage Base" 10 1.92 "Transferred Account" 10 1.93 "Trust" 10 1.94 "Trust Fund" 10 1.95 "Trustee" 10 1.96 "Valuation Date" 10 1.97 "Vesting Service" 10 1.98 "Years of Service" 10

Qualified Matching Contributions Account means the account into which Qualified Matching Contributions (other than contributions of Company Stock), if any, and investment gains and losses thereon shall be credited.

Qualified Matching Contributions Account means, with respect to a Participant, the account established under the Plan for such Participant representing the Qualified Matching Contributions plus any gains or losses allocated to such account in accordance with the provisions of the Plan, as adjusted to reflect distributions therefrom. Such account will be fully vested and nonforfeitable at all times.

Qualified Matching Contributions Account means the account (including any subaccounts) into which Qualified Matching Contributions, if any, and investment gains and losses thereon shall be credited.

Qualified Matching Contributions Account means the Account established for a Member to which Qualified Matching Contributions and earnings thereon are credited.

Qualified Matching Contributions Account means the Account established for a Participant pursuant to Section 3.08(g).

Qualified Matching Contributions Account means an Account maintained for a Participant pursuant to Section 6.1(a)(10).