Supplemental Contribution Account definition

Supplemental Contribution Account means, for each Plan Year, (i) the sum of all of a Participant’s Supplemental Contributions, plus (ii) amounts credited in accordance with all the applicable crediting provisions of the Plan that relate to the Participant’s Supplemental Contribution Account, less (iii) all distributions made to the Participant or to the Participant’s Beneficiary pursuant to the Plan that relate to the Participant’s Supplemental Contribution Account.

Supplemental Contribution Account means the account maintained on the books of account of the Employer for each Participant pursuant to Section 5.3. Separate Supplemental Contribution Accounts shall be maintained for each Participant. The Supplemental Contribution Account shall be utilized solely as a device for measurement and determination of the amount to be paid to the Participant pursuant to this Plan. An Participant's Supplemental Contribution Account shall not constitute or be treated as a trust fund of any kind.

Supplemental Contribution Account means the Account established for a Participant to record Supplemental Contributions and supplemental contributions made under the terms of a Prior Plan and transferred to this Plan, as adjusted for gains, including earnings, and losses.

Examples of Supplemental Contribution Account in a sentence

• On each date that Supplemental Contributions are credited to a Participant’s Supplemental Contribution Account, the number of units to be credited shall be determined by dividing the number of units by the value of a unit on such date.

• All Supplemental Contributions shall initially be credited to a Participant’s Supplemental Contribution Account in units or fractional units of IR Stock.

• Dividends paid on IR Stock shall be reflected in a Participant’s Supplemental Contribution Account by the crediting of additional units or fractional units.

• The Administrative Committee shall establish and maintain a separate Supplemental Contribution Account for each Plan Year for each Participant who receives a Supplemental Contribution for such Plan Year.

• The Company shall establish and maintain a separate Supplemental Contribution Account for each Plan Year for each Participant who receives a Supplemental Contribution for such Plan Year.

More Definitions of Supplemental Contribution Account

Supplemental Contribution Account means, for any Participant, the unfunded Plan recordkeeping account described in Section 7.01 to which Supplemental Contributions for the Participant's benefit (and earnings attributable thereto) are credited under the Plan.

Supplemental Contribution Account means, for each Plan Year, (i) the sum of all of a Participant's Supplemental Contributions, plus (ii) amounts credited in accordance with all the applicable crediting provisions of the Plan that relate to the Participant's Supplemental Contribution Account, less (iii) all distributions made to the Participant or to the Participant's Beneficiary pursuant to the Plan that relate to the Participant's Supplemental Contribution Account.

Supplemental Contribution Account means any one of the accounts so designated and provided for in Section 6.01(q).

Supplemental Contribution Account means the account credited with a Participant’s Supplemental Contributions.

Supplemental Contribution Account means the account maintained by the plan to record the supplemental contributions of each member, including interest and adjustments to the account;

Supplemental Contribution Account means the account, including any sub-accounts, established and maintained on the books of the Company for a Participant for purposes of reflecting any Company Supplemental Contributions under Section 6.2 as adjusted from time to time for investment gains or losses and distributions.

Supplemental Contribution Account means the Account ----------------------------------- established by the Committee for each Participant who made Supplemental Contributions under the Prior ESOP, which Account shall be invested as provided in Article V on behalf of the Participant for whom such Account was established under the Prior ESOP, and to which transferred assets credited under Section 3.2 ("Supplemental Contributions") of the Prior Plan as of January 1, 1995, on behalf of such Participant, and the earnings and losses thereon, shall be allocated.