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FULL PACKET_2011-12-19
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FULL PACKET_2011-12-19
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<br /> <br /> <br /> <br /> <br /> <br /> <br /> ARTICLE VII <br /> <br /> DEFINITIONS <br /> 7.1 Definitions. <br /> <br /> "Account" means the account maintained by the Employer for each Participant <br /> <br /> that is credited with the amounts provided herein. <br /> <br /> "Alternate Payee" means any spouse, former spouse, child or other dependent of <br /> <br /> a Participant who is recognized by a Domestic Relations Order (as defined under <br /> <br /> "Qualified Domestic Relations Order" below) as having a right to receive all, or a portion <br /> <br /> of, the benefits payable under this Plan with respect to such Participant. <br /> "Amended Effective Date" means December 19, 2011. <br /> <br /> "Applicable Dollar Amount" means the "applicable dollar amount" as defined <br /> <br /> in Code Section 457(e)(15) (as adjusted from time-to-time as set forth in Code Section <br /> <br /> 457(e)(15)). <br /> <br /> "Approved Absence" means a leave of absence (without pay) granted to an <br /> <br /> Employee under the Employer's established leave policy. <br /> "Beneficiary" means the person, persons, trust or trusts designated by a <br /> <br /> Participant, or, in the absence of a designation, entitled by will or the laws of descent and <br /> <br /> distribution, to receive the benefit specified under this Plan if the Participant dies and <br /> <br /> means the Participant's executor or administrator if no other beneficiary is designated and <br /> <br /> able to act under the circumstances. <br /> <br /> "Break in Employment" means any termination of employment by reason of <br /> resignation, discharge, retirement, disability, death, or other event constituting a <br /> <br /> "severance from employment" as defined under Code Section 457(d)(1)(A)(ii). <br /> <br /> <br /> <br /> NB 1:564577.3 19 <br /> <br /> <br /> 55C-60 <br />
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