Examples of Restoration Account in a sentence

The Savings Plan Restoration Contribution shall be credited to the Savings Plan Restoration Account of each Participant for each Plan Year at the same time as the Company contribution for such Plan Year is made to the Savings Plan.
A Participant’s interest in his or her Restoration Account will be 100% vested at all times.
If a Participant fails to make a timely election with regard to the form of payment of his or her Restoration Account, then the Participant will be deemed to have elected to receive payment in a lump sum.
Any election made as to the form and timing of distribution with respect to Restoration Deferrals will apply to the Participant’s entire Restoration Account.
A Participant may change a distribution election (or deemed distribution election) with respect to his or her entire Restoration Account after the initial Restoration Deferral Election is made (or deemed made), to the extent permitted and in accordance with the conditions stated under subsection (F) below.

More Definitions of Restoration Account

Restoration Account means the Account established pursuant to Section 5.1(a).

Restoration Account the interest bearing account maintained with ------------------- the Agent by the Lessor pursuant to Section 14(e) of the Lease and styled the "Restoration Account."

Restoration Account means a separate account that DOI has

Restoration Account means a separate account that DOI has established within the

Restoration Account means the Restoration Account established pursuant to Section 3.1.

Restoration Account means, for each Participant, the book-entry account described in Section 4.01. The establishment of a Restoration Account shall not result in assets being set aside for the benefit of any individual. Immediately after the Participant's Payment Date, the balance of his Restoration Account shall be zero.

Restoration Account means the account so designated and established under Section 2.2 on behalf of a Participant.