Suspended Participant definition

Suspended Participant means a Participant who has been suspended from deferring amounts to his Salary Deferral Account because he made a hardship withdrawal under the provisions of Article 9.
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Suspended Participant means any Participant who remains an Employee but who ceases to be eligible to participate in this Plan by virtue of ceasing to be an Eligible Employee. Status as a Suspended Participant shall commence as of the date such Participant ceases to be an Eligible Employee. A Suspended Participant shall not be deemed a Participant except for those purposes specified in this Plan or as required by law.
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Suspended Participant means a previously active Participant who is still working for an Employer (or a related company or operating division) which has not adopted the Plan and who has not incurred a One-Year Break in Service.
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Examples of Suspended Participant in a sentence

  • Status as a Suspended Participant shall commence as of the date such Participant ceases to be an Eligible Employee.

  • Suspended Participant" shall mean any Participant who remains an Employee but who ceases to be eligible to participate in this Plan by virtue of ceasing to be an Eligible Employee.

  • A Suspended Participant shall not be deemed a Participant except for those purposes specified in this Plan or as required by law.

  • A Suspended Participant Register (Appendix 12.4) must be maintained by all Venues and must be posted and kept up to date on the Qld Oztag intranet system by each Venue Manager and Tournament Director to assist with managing adherence to this Policy.

  • References to any party herein include such party and its permitted successors and assigns.

  • Any Eligible Employee who becomes ineligible for the Plan because of a change in employment status (including a transfer to a Related Employer or Operating Group that has not adopted the Plan) shall become a Suspended Participant.

  • Opinion articles are written in order to discuss a current issue in the society and to attempt to persuade the reader of the stance taken by the writer toward the issue.

  • Providers are not required to deliver Services to a Suspended Participant unless the Participant chooses to voluntarily participate in Services.

  • A Suspended Participant shall not be deemed a Participant except for those purposes specified in the Plan or as required by law.

  • Unless the context clearly indicates otherwise, a Suspended Participant shall be treated as a Participant.


More Definitions of Suspended Participant

Suspended Participant means a previously active Participant who is still working for the Company (or a Related Employer or operating division) which has not adopted the Plan.
Sample 1
Suspended Participant means a Participant with respect to whom Salary Deferral Contributions are suspended and reduced in accordance with Section 8.5.3.
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Suspended Participant means a Participant who is no longer making current Employee Elected Company Contributions to the Plan because of the occurrence of one of the events set forth in Section 2.3.a.
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Related to Suspended Participant

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Participant has the meaning specified in Section 10.06(d).

  • Key participant means a sole proprietor, a partner in partnership, or a person with executive managerial control in a corporation. A person with executive managerial control includes persons such as a chief executive officer, chief operating officer and chief financial officer. This definition does not include non-executive managers such as farm, field, or shift managers.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Eligible employer means an employer that:

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Non-Highly Compensated Participant means any Participant who is neither a Highly Compensated Employee nor a Family Member.

  • Other Participant means a cooperative project participant other than the United States.

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.