Rollover Election definition

Rollover Election means an election made by an Eligible Shareholder to tender all of its Cumberland Shares to Agnico-Eagle pursuant to the Offer, made in the manner set forth in the Letter of Transmittal;
Sample 1Sample 2
Rollover Election means a written election by a Participant to transfer to the Plan amounts credited to the Participant's accounts from another Equity Partnership Plan or a Prior Incentive Plan pursuant to Section 7(b).
Sample 1
Rollover Election means an election made by the Participant in accordance with Section 3.5.
Sample 1

Examples of Rollover Election in a sentence

  • A Participant in a Supplemental Retirement Plan who elects to receive a single lump sum payment of benefits under the Supplemental Retirement Plan may also elect to rollover the calculated rollover amount to this Plan by executing a Rollover Election Form.

  • The provisions of Section 4(d), (e), (f), and (h) apply to Benefits subject to a Rollover Election Form.

  • An individual who has executed a Rollover Election Form pursuant to Plan Section 6.

  • The reduction shall be to the most recent Deferrals and Company Contributions credited to the Fixed Benefit Option (including Deferrals and Company Contributions rolled over pursuant to a Rollover Election).

  • Eligible Shareholders who wish to obtain such a rollover must validly make a Rollover Election as set out in the Letter of Transmittal.

  • This Amendment shall be contingent upon the consummation of the Merger and the completion of mutually satisfactory arrangements pertaining to Executive's equity rollover (as reflected on his Equity Rollover Election Form) in connection with the Merger.

  • By checking the box below, the undersigned represents that the undersigned is an Eligible Shareholder (as defined below) for purposes of the Rollover Election.

  • A Participant in a Supplemental Retirement Plan who elects to receive a lump sum payment of benefits under the Supplemental Retirement Plan may also elect to rollover the calculated Rollover Amount to this Plan by executing a Rollover Election Form by the Election Date.

  • A Participant shall have no control over the Participant's Benefit except according to the Participant's Deferral Election Forms, Rollover Election Forms, Distribution Election Forms, Investment Election Form and Beneficiary Designation Form.

  • Rollover Election A Shareholder wishing to accept the Offer must tender the Shareholder's Cumberland Shares to Agnico Acquisition, unless the Shareholder is an Eligible Shareholder.


More Definitions of Rollover Election

Rollover Election has the meaning set forth in Section 2.10(a).
Sample 1

Related to Rollover Election

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Rollover means the renewal of all or any part of any LIBOR Rate Loan upon the expiration of the Interest Period with respect thereto, pursuant to Section 2.3.

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Safe Harbor Election has the meaning set forth in Section 10.2(d).

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Rollover Distribution shall be defined as set forth in Section 5.05, herein."

  • Rollover Shares has the meaning given in the recitals.

  • Qualified Non-Elective Contribution means any Employer contributions made pursuant to Section 4.1(c) and Section 4.6(b) and Section 4.8(f). Such contributions shall be considered an Elective Contribution for the purposes of the Plan and may be used to satisfy the "Actual Deferral Percentage" tests or the "Actual Contribution Percentage" tests.

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • Rollover Date means the date of commencement of a new Interest Period applicable to a Loan and which shall be a Banking Day.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Rollover Unit holder shall be defined as set forth in Section 5.05, herein."

  • Stock Election shall have the meaning set forth in Section 3.2.2.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess “annual additions” pursuant to Section 4.11(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.7(b) which is used to satisfy the “Actual Deferral Percentage” tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the “Actual Deferral Percentage” tests or the “Actual Contribution Percentage” tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5) and Regulation 1.401(m)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Rollover Notice shall have the meaning ascribed thereto in Section 5.2.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Qualified Election means a Participant's waiver of a Qualified Joint and Survivor Annuity or a Qualified Pre-Retirement Survivor Annuity. Any such waiver must be consented to in writing by the Participant's Spouse. The Spouse's consent must: designate a specific Beneficiary (including any class of Beneficiaries or any contingent Beneficiaries, which may not be changed without spousal consent) or expressly permits designations by the Participant without any further spousal consent; acknowledge the effect of the election; and be witnessed by a member of the Committee or a Notary Public. Additionally, a Participant's waiver of the Qualified Joint and Survivor Annuity shall not be effective unless the election designates a form of benefit payment which may not be changed without spousal consent (or the Spouse expressly permits designations by the Participant without any further spousal consent). Notwithstanding this consent requirement, if the Participant establishes to the satisfaction of a member of the Committee that there is no Spouse or the Spouse cannot be located, a waiver will be deemed a Qualified Election. Any spousal consent (or deemed spousal consent) obtained under this provision will be valid only with respect to such Spouse. A consent that permits designations by the Participant without further consent by such Spouse must acknowledge that the Spouse has the right to limit consent to a specific Beneficiary and, where applicable, a specific form of benefit, and that the Spouse voluntarily elects to relinquish either or both of such rights. A revocation of a prior waiver may be made by a Participant without the consent of the Spouse at any time before the commencement of benefits. The number of revocations shall not be limited. No consent obtained under this provision shall be valid unless the Participant has received notice as provided in paragraph (b) below.

  • Cash Election shall have the meaning set forth in Section 3.2.2.

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.