Savings Plan Administrator definition

Savings Plan Administrator means the Benefits Administration Committee or its delegate.
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Savings Plan Administrator means the person or group of persons designated by the Plan Administrator pursuant to the provisions of Article 10.
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Savings Plan Administrator means the Savings Plan Administrator designated by the Company.
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Examples of Savings Plan Administrator in a sentence

  • A Member or Deferred Member may change his dividend election at any time in the manner prescribed by the Savings Plan Administrator.

  • The Savings Plan Administrator shall prescribe rules regarding the timing and manner of a dividend election.

  • An election made in accordance with (a) or (b) above shall remain in effect until changed by the Member or Deferred Member in accordance with the rules established by the Savings Plan Administrator.

  • The Valuation Date applicable with respect to reallocations made in accordance with Section 7.4 shall be the business day such election is received and processed by the Savings Plan Administrator or its designee and shall not be later than the next business day following the day on which the Member’s completed request is received and processed by the Savings Plan Administrator or its designee.

  • At any time before Termination of Employment, a Member may request a withdrawal from his Vested Share of his Accounts by submitting to the Savings Plan Administrator or its designee an election in a form or manner approved by the Benefits Administration Committee, and shall conform to the standards set by the Benefits Administration Committee, if any, regarding minimum and maximum amounts of withdrawals.

  • At any time before Termination of Employment, a Member may request a withdrawal from his Accounts by submitting to the Savings Plan Administrator or its designee an election in a form or manner approved by the Benefits Administration Committee, and shall conform to the standards set by the Benefits Administration Committee, if any, regarding minimum and maximum amounts of withdrawals.

  • The portion of a Member’s Account attributable to Elective Contributions and qualified nonelective contributions will not be transferred to another plan unless the Savings Plan Administrator reasonably determines that the other plan satisfies Code section 401(k)(2)(B) with respect to the transferred amounts or unless the transfer is a direct rollover or is an elective transfer of otherwise distributable amounts.

  • Notwithstanding any provision of this Section to the contrary, in the event that two or more dividend checks payable to a Member remain uncashed at one time, that action shall be deemed as an election by the Member to have his dividends reinvested in Xylem Stock in the Plan and the Savings Plan Administrator shall reinvest any further dividends payable to the Member until the Member cashes the outstanding checks and makes another affirmative election to receive his dividends in cash.

  • Authorizations, designations, directions, elections or other administrative notices required by this Plan shall be made to the Savings Plan Administrators (as described in Section 23.3 of this Plan) or their designated representative or to the Committee or its designated representative in accordance with Savings Plan Administrator rules or Plan Rules, whichever are applicable under the circumstances.

  • The Valuation Date applicable to the redistribution reallocation shall be the last day of the calendar month in which properly completed written notice is received by the Savings Plan Administrator.


More Definitions of Savings Plan Administrator

Savings Plan Administrator means the person or group of persons designated by the Committee to administer the Plan on behalf of the Company pursuant to the provisions of Article X.
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Related to Savings Plan Administrator

  • Plan Administrator means the plan administrator described in Article 8.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the Plan.

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Plan Manager means Investec Bank plc which is authorised by the PRA and regulated by the FCA and the PRA and bound by its rules.

  • 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.

  • Administrator means the Board or any of its Committees as will be administering the Plan, in accordance with Section 4 of the Plan.

  • Claims Administrator means the firm proposed by Class Counsel and appointed by the Courts to administer the Settlement Amount in accordance with the provisions of this Settlement Agreement and the Distribution Protocol, and any employees of such firm.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Named Fiduciary means the Fiduciary or Fiduciaries named herein or in the Adoption Agreement who jointly or severally have the authority to control and manage the operation and administration of the Plan.

  • Program Administrator means the person retained by the Wisconsin PACE Commission as provided in subsection (5)(b).

  • Plan Sponsor means an employer, trustee, trade union or association or a combination of them that establishes a capital accumulation plan, and includes a plan service provider to the extent that the plan sponsor has delegated its responsibilities to the plan service provider; and

  • Plan Fiduciary As defined in Section 5.3(o).

  • Retirement fund means the "Washington law enforcement

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • SARON Administrator means the SIX Swiss Exchange AG (or any successor administrator of the Swiss Average Rate Overnight).

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Recordkeeper means the entity that maintains electronic records of the Plan’s participants and their individual accounts.

  • Beginning administrator means a building level or district level leader who has not completed three (3) years of experience as a building level or district level administrator.

  • the Committee means the Committee of Management of the Association referred to in rule 10 (1);

  • Managing Employee means a general manager, business manager, administrator, director, or other individual who exercises operational or managerial control over, or who directly or indirectly conducts the day-to-day operation of an institution, organization, agency or business entity;

  • Scheme Administrator means the person or company appointed under an instrument by the founder to manage the administrative affairs of the scheme.

  • Administrative employee means an employee who normally supervises persons engaged in office administration, construction, security or maintenance work who are represented by another trade union. This definition includes employees who share a community of interest with “supervisors”.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Investment Committee means the committee in charge of investment aspects of the Plan, as described in Article VII.