Participant Account Clause Samples
Participant Account. A separate account is maintained for each contributing eligible employee, which documents the employee’s contributions and disbursements. Contributions to a VEBA, as well as any disbursements to cover non-reimbursed post-tax medical care expenses, are both tax-free. Eligible benefits subject to reimbursement by the Plan shall be limited to long-term care expenses and non-reimbursed medical premiums, co-pays, prescribed drug expenses and other medical care costs as defined by the Internal Revenue Code Section 213.
Participant Account. The dollar value of funds maintained for each person in accordance with the terms of the Plan. The Participant Account may be invested in the fixed interest option through the Contractholder Fixed Account, or the variable separate account options through the Contractholder Variable Account.
Participant Account. The term "Participant Account" means the separate account maintained by the Trustee for each Participant.
Participant Account. See 3.02.
Participant Account. The separate Record Keeping Account established for each Participant in which shall be recorded pertinent Participant information, including but not limited to, the Participant’s name, Social Security number, address, date of birth and selection of Mutual Funds.
Participant Account. With respect to the account balances of the participants under the Merging Plan, the following conditions shall apply;
a. The sum of the account balances of the participants under the Merging Plan will be 100 percent vested prior to transfer and under the Receiving Plan immediately prior to the transfer and assignment shall equal the fair market value of the entire assets of the Receiving Plan immediately after the transfer and assignment;
b. Immediately after the transfer and assignment, each participant shall have an account balance in the Receiving Plan equal to the sum of the Merger Account the participant had in the Merging Plan, if any, and the amount the participant had in the Receiving Plan, if any';
Participant Account. Each participant at all times shall have a fully vested interest in the assets of his Participant Accounts for all classes.
Participant Account. The Company will maintain in its internal records an account (the “Partner's Account”) in which it records the share of the Participant in the profits and losses of the Business. Likewise, in the Shareholder's Account, it must reflect the Shareholder's profit share and the Shareholder's share of losses. Likewise, the Company must deduct from the Participant's Account the amounts paid to the Participant in accordance with Clause 6 below.
Participant Account. Nomor pemegang rekening sesuia dengan instruksi yang dibutuhkan
Participant Account. 2 1.15 Plan. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 1.16