Separate Plan Account definition

Separate Plan Account means the sub-account of the Participant’s Plan account that the Plan Administrator or Plan Agent causes to be maintained for the benefit of the Alternate Payee consistent with this Order.
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Separate Plan Account has the meaning ascribed to such term in Section 5.1.
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Examples of Separate Plan Account in a sentence

  • Each Employer that maintains a Separate Trust for a Participating Plan may, at any time, cause all or part of the assets of the Separate Trust to be transferred to the Trustee and held pursuant to the terms of this Master Trust, and (ii) in accordance with Section 5.6 hereof cause all or part of the assets of the Separate Plan Account in this Master Trust to be transferred to the Trustee of the Separate Trust for such Participating Plan and held pursuant to the terms of such Separate Trust.

  • The Trustee shall be under no duty to defend or engage in any suit with respect to the Fund or any Separate Plan Account unless the Trustee shall have first agreed in writing to do so and shall have been fully indemnified to its satisfaction.

  • The Trustee shall establish and maintain a separate plan account for each Participating Plan (the "Separate Plan Account") into which shall be paid the contributions made by the Employer for such Plan or transfer of assets from the Separate Trust for such Plan, which contributions and transfers, together with any income, gains or profits, less distributions, expenses and losses, shall comprise a separate trust fund for such Participating Plan.

  • All such payments shall be charged against the Separate Plan Account of the Participating Plan to which the payment relates.

  • With the prior consent of the Sponsor, an Employer may direct the Trustee to transfer any part of the Separate Plan Account of a Participating Plan to a Separate Trust upon not less than thirty (30) days written notice to the Trustee.

  • The assets so allocated to each Separate Plan Account shall be segregated in a separate account and shall be administered as a separate trust in accordance with the terms of this Agreement until such time as the Employer executes a new trust agreement for such separate account or directs the Trustee to transfer such separate account to a Separate Trust; provided, however, all powers exercisable by the Sponsor hereunder shall be exercisable by the Employer with respect to such separate account.

  • The C-terminal, domain III, consists of two antiparallel of β-sheets in a ‘jelly-roll’ formation.

  • If an Employer maintains more than one Participating Plan, the Employer shall advise the Trustee as to which Separate Plan Account contributions made by it are to be credited.

  • The Trustee shall also be entitled to be paid its fee, if any, attributable to such Separate Plan Account, earned to the date of transfer.

  • Upon the termination of a Participating Plan, the Separate Plan Account of such Participating Plan shall be allocated and distributed or held by the Trustee as provided in such Participating Plan.

Related to Separate Plan Account

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • 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.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • 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.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Share Account A form of Deposit Account that each member is required to maintain to remain a member of BECU. We, us, our: BECU. You, your: Each person or entity, individually, and collectively, who opens, establishes, accesses, is named as an Account Holder or Authorized Signer or who applies for any Account.