Supplemental Company Account definition

Supplemental Company Account means the account maintained by the Company for a Participant under the Plan that is credited with Supplemental Company Contributions.
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Supplemental Company Account means the individual retirement account maintained by the Company with respect to each DC Member in accordance with Section 4.01.
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Supplemental Company Account shall have the meaning assigned to such term in the Disbursement Agreement.
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Examples of Supplemental Company Account in a sentence

  • Each Participant shall have the right to direct the Committee to modify his investment directions made pursuant to paragraph (a) above with respect to amounts credited to his Supplemental Salary Deferral Account, Supplemental Company Account and Supplemental Profit Sharing Account after the date such modification direction becomes effective, in specified multiples of 10%.

  • Amounts credited hereunder to the Supplemental Salary Deferral Account, Supplemental Company Account, and Supplemental Profit Sharing Account of a Participant shall be treated as if they were actually invested in various investment funds that are made available by the Committee from time to time and as are designated by each Participant pursuant to investment directions given to the Committee.

  • This single sum shall be transferred on or after June 1, 2007 to a Supplemental Company Account #2 established for the Participant that shall be held, administered and invested under Article IV of the Plan, and be subject to the remaining applicable provisions of the Plan, except as otherwise required by Code Section 409A.

  • If a Participant dies before distribution to him of the full amount of his Supplemental Salary Deferral Account, his Supplemental Company Account and his Supplemental Profit Sharing Account, any remaining amount shall be distributed to his beneficiary designated under the Qualified Profit Sharing Plan.

  • The Supplemental Benefit will be a lump sum amount equal to the balance in the Member’s Supplemental Company Account at the date of payment, including notional investment allocations up to the last day of the month in which death occurs.

  • The Supplemental Benefit payable under this Section 7.01 will be a lump sum amount equal to the balance in the Member’s Supplemental Company Account at the date of payment, including notional investment allocations up to the last day of the month in which termination occurs.

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  • The Borrower shall have the right from time to time, no more frequently than once per calendar month, to submit to the Administrative Agent a written request for the disbursement of funds from the Supplemental Company Account and/or the Loan Proceeds Account to the Draw Account (a “De Minimis Draw Request”).

  • Following termination of a Participant's employment with the Company and all Affiliated Companies for any reason other than death, a Participant shall receive a distribution of all amounts credited to his Supplemental Salary Deferral Account, his Supplemental Company Account, and his Supplemental Profit Sharing Account, including gains and losses credited in accordance with Section 4.5.

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More Definitions of Supplemental Company Account

Supplemental Company Account means an additional Account which may be established on or following the Closing Date at the written direction of the Borrower, if needed, to hold all amounts required to be deposited therein pursuant to Section 2.2.6, which account shall be in the name of the Borrower, established at Deutsche Bank Trust Company Americas or such account in replacement or substitution thereof.
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Related to Supplemental Company Account

  • Company Account means the bank or/and electronic Account of the Company, and the Company Account in the Processing Center.

  • Intercompany Account means any receivable, payable or loan between any member of the Ensign Group, on the one hand, and any member of the Pennant Group, on the other hand, that exists prior to the Effective Time and is reflected in the records of the relevant members of the Ensign Group and the Pennant Group, except for any such receivable, payable or loan that arises pursuant to this Agreement or any Ancillary Agreement.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Intercompany Accounts has the meaning set forth in Section 2.03(a).

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

  • Initial Account has the meaning specified in the Transfer Agreement.

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • 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.

  • Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.

  • Automatic Investment Plan/Dividend Reinvestment Plan means a program in which regular purchases or sales are made automatically in or from investment accounts in accordance with a predetermined schedule and allocation, including dividend reinvestment plans.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Investment Account As defined in Section 3.12(a).

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

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

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Individual account program means the defined contribution individual account program of

  • 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.

  • 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.

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Principal Accumulation Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.