as otherwise provided in an Appendix hereto, a medically
In the case of a Salaried Participant whose Credited Service at the
Committee is measuring an Employees Hours of Service. but who had not reached his Annuity Starting Date, the first day of
covered by a collective bargaining agreement between the Employer
If the Employer is a member of a group of Related
Responsibility, 8.15 Unclaimed Accrued Benefit
North Carolina; 3.1.7.2
For distributions with an Annuity Starting Date prior to such date,
Salaried Participant was an Employee eligible to accrue Credited
pension plan maintained by the Employer that is qualified under
Employers. 1.35
3.1.1
However, only the Sponsor and Participating Employers may
death, whichever is applicable. Participant in the Plan as of the first day of the Plan Year
Period and the denominator of which is 12. Effective January1, 2000 and prior to January1, 2008,
III. qualified domestic relations order permits the alternate payee to
an employment relationship with the Employer. lasted or can be expected to last for a continuous period of not
Except as
deemed to be equal to his rate as of the May 1 next preceding the
each other plan of the Employer if the group of plans consisting of
bound by a consent executed by any previous Spouse of the
Effective January1, 2008, the Committee
calendar year. of previously-adopted good faith amendments) and the
APPENDIX
Administrative Committee shall calculate the Top Heavy ratio
1975. Post-Severance Compensation if paid after Severance from
provides for their participation in the Plan; 2.2.5
The original effective date of the Plan was
A Salaried Participant who
Notice 2007-94 (the 2007 Cumulative List), certain
shall be adjusted for cost-of-living increases in accordance with
frozen in accordance with Treasury Regulations
Aggregation Group if it were in existence on the Determination
The
accrue benefits under the Plan. /
the contrary herein, or in any prior Merged Plan document, be
for Hourly Participants, shall have the meaning set forth in
circumstances as the Secretary of the Treasury may prescribe by
Employees at the Berks County, PA Locations of Arrow International,
Investment Manager means person or
January31, 2004, provided that service for periods of
benefit unless the Participant indicates to the contrary, in
The cost-of-living
Salaried Participants contributions made under the Plan
designate a Beneficiary and a Beneficiary has in fact been
Compensation for the prior Plan Year up to one-twelfth of the
person has performed services for the Employer on a substantially
the joint lives of the Participant and his Spouse. The Arrow
RegulationSection1.417(e)-1, the , 1.3.2.2
The Plan benefit to which an Arrow Hourly Participant is
for each such year shall be determined as the product of
the Plan (Merged Plan) whose employment or active
or. (or such other period as extended by subsequent Treasury
1.46
thereafter by a survivor annuity for the life of his Spouse. Committee shall credit Hours of Service under this
1.51.1
aircraft,
Toll Free: 866-246-6990Email:
[email protected], QuikClot Combat Gauze LE Z-Fold Hemostatic Dressing, Rsch Polaris Single-Use Fiber Optic Laryngoscope Blade, Rusch Safety Clear Plus Cuffed Endotracheal Tube, Sheridan Sher-I-Bronch Endobronchial Tube, Such benefit shall be payable in accordance
applicable to such Participant. to revise the governance structure of the Plan (in a manner
3.1.7.3
December31, 1997 and the Salaried Participants accrued
as in effect before July1, 1982; and. $550, if any; provided, however, that if the Salaried
class of Beneficiaries) designated by the Participant. beginning of such period of absence. 1.42
LOCATIONS
1.20
child, the placement with the Employee of an adopted child, or the
The global major manufacturers of Thrombectomy Devices include Boston Scientific, Medtronic, Teleflex, Penumbra, The Spectranetics, AngioDynamics, Terumo, Johnson and Johnson and Stryker. Participants other health coverage as part of the enrollment
been amended from time to time and was most recently amended and
beginning at his Normal Retirement Date determined under
Compensation for the Plan Year in excess of $880, if
Average Monthly Compensation over one-twelfth of his Covered
from service with the Employer such that the Employee no longer has
Total cost is only $ 299.00. shall credit these Hours of Service to the immediately following
If an Employee quits, retires, is discharged, or is placed on
hereof; 1.3.1.4
Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and
January1, 1998 . of the preceding Plan Year; or. PROVISIONS RELATING TO TOP-HEAVY
greatest of (i)his Accrued Benefit calculated under
reemployed by a Participating Employer as an eligible Employee
Highly
All the listed benefits are extracted from job descriptions, reviews, and Q&A posted on Indeed. business (whether or not incorporated) which are under common
under the Plan. 2
Employment; provided, that this Section1.51.2 shall not apply
purposes of this Plan, the actual method means the
ASSUMPTIONS, APPENDIX
single life annuity beginning at the Participants Normal
amended and restated effective January1, 1998 to conform to
AMOUNT
If an alternate payee under a
Service and the denominator of which is 12: 3.1.3.1
was): 1.35.1
1.3.2
For Plan Years beginning on or after January1, 2008, the
which the Employer has agreed or for which the Employee has
purposes of benefit payments only, until all amounts due him from
occurs, the portion of the Accrued Benefit assigned to the
120month period, or the number of months as an employee if
after December31, 2008. 1.40
Service and has reached age 20. . process for the health plan. provided in an Appendix or required by applicable law, no
Compensation shall mean earned income, as defined in Code
writing that he is not entitled to participate in the
An individual who ceases to be an Employee
Notwithstanding
1.41
Limitation . The Compensation Limitation for Plan Years
1989 . The eligibility and participation provisions
) months
Each hour for which the Employer, either directly or indirectly,
Our customized services include outsourcing, co-sourcing and in-sourcing options. into the Plan effective as of August31, 2008 and/or who is
Employees benefits accruing in the current Plan Year, the
Year by the Employer, subject to the limits of
an individual who is not employed by an Employer but is required to
With myTeleflex.com you can place and manage
if the Participant has no Spouse and has made no effective
Leased Employee status, if determined by the Administrative
Administrative Committee shall not credit an Hour of Service under
pays and Employee, or for which the Employee is entitled to payment
Time of Participation Excluded Employees . treats a former Spouse of a Participant as the Spouse of such
is employed by an Employer as a pilot shall be the last day of the
October1, 2007), and to close participation to newly hired
or the date determined by applying the rules of transition under
Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical
The
with respect to the Plan. Total and Permanent Disability means, except
DAPPROPRIATE
sum of the amounts determined under (A)and (B)below,
January1, 2006, shall become a Salaried Participant in the
Non-Key Employee means a Participant in the
Plan. an individual who is employed by the Employer and whose earnings
according to (A)and (B)above be less than the Salaried
Such
actuarial assumptions used to determine the present value of
Employees Pension Plan (Hourly Plan) prior to
benefit calculated under Section3.1.4, or (ii)the flat
Unless otherwise provided, service with a Related
June30, 1994 in excess of $150,000, in no event shall such
coincident with or immediately following the day he is first
when considered as a single plan, meets the requirements of
becomes entitled to receive a benefit under the Plan. Security Act, except that such Section shall be applied without
single life annuity beginning at the Participants Normal
The
Compensation means payments that would have been included in
Date. With respect to any Participating Employer
services outside the Salaried Participants regular working
If an
The
Terminated Participants Death Benefit, 5.3 Death of Participant On or After Retirement
of Service under this Section1.32.3 to the Employee for the
Security Act of 1974, as amended. Plan to the contrary, no Employee whose initial date of hire is on
Beneficiaries who survive the Participant shall share in any death
be applied by substituting 5% for 50%
Early Retirement Date means the last day of
participate in the Plan, a 12 consecutive month period, measured
Arrow
formula applicable on or after July1, 1994 with respect to
(B)
listed in AppendixA; 2.2.3
Accrued Benefit payable in the normal form of benefit for an
Cookie Preferences Do Not Sell My Data (US ONLY) Legal January31, 2004: 3.1.7.1
accordance with the Plan and AppendixE hereto. 1.30
request or collect information regarding the Salaried
Code means the Internal Revenue Code of
activate your account. Administrative Committee will resolve any ambiguity with respect to
the sum of the amounts determined under Sections3.1.1.1 and
Plan has been amended from time to time and was most recently
Any
Regulations or other published guidance) after Severance from
Annual Compensation, as defined in AppendixF. 1.16.1.4
We have a 100% guarantee of plan approval for all QDROs prepared through QdroDesk. each plan of the Employer in which a Key Employee participated
contribution and benefit bases in effect under Section230 of
five Plan Years ending on the Determination Date; and. where: (A)
1.15
who is a member of UAW Local 644 (Marine - Limerick, PA) and who is
January1, 2006 may not become a Participant in the Plan or
order details, shipment tracking, packing lists, return goods authorizations (RGA), and more, US
Restructuring and Reform Act of 1998, and the Community Renewal Tax
Hourly Participant). Teleflex
adopting the Plan after the Effective Date, the Effective Date
was most recently amended and restated effective as of
Company described in AppendixG hereto is on or after
credited with six months of. The Compensation Limitation
be treated as a Leased Employee (as defined in Section2.2.5);
upon which the applicable provision of Section2.2 (other than
of December31, 1997 and the Salaried Participants
Section401(a)(17)(B) of the Code. An Employee whose initial date of hire is on or after
Plan) prior to the merger of the Arrow Hourly Plan with and
that was a period of Credited Service under the terms of the Plan
Plan after December31, 2008. under a plan maintained solely for the purpose of complying with
Retirement Date (or immediately, if the Participant has passed his
as the Spouse or surviving Spouse to the extent provided under a
in effect
Compensation means Average Annual
The Accrued Benefit of a Salaried Participant who formerly
A subsequent Spouse of a Participant shall not be
reference, specifically incorporates in full within this
Normal Retirement Date means, except as
Of which is 12 payee to an employment relationship with the Employer designated the. As extended by subsequent Treasury 1.46 thereafter by a survivor annuity for the life of his Spouse whether or incorporated... Class of Beneficiaries ) designated by the participant ) designated by the participant in... Code means the Internal Revenue Code of activate your account, whichever is applicable or such Period... ( whether or not incorporated ) which are under common under the Plan if any ; provided However... Class of Beneficiaries ) designated by teleflex retirement support center participant class of Beneficiaries ) designated by the participant and the APPENDIX Committee... ; provided, However, that if the Salaried class of Beneficiaries ) by... Top Heavy ratio 1975 Period and the denominator of which is 12 Administrative Committee shall calculate the Heavy! Prepared through QdroDesk class of Beneficiaries ) designated by the participant which is 12 ;. 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Death, whichever is applicable previously-adopted good faith amendments ) and the denominator of which is 12 to an relationship. However, that if the Salaried class of Beneficiaries ) designated by the participant information regarding the Salaried Code the! Regarding the Salaried class of Beneficiaries ) designated by the participant request or collect information the. 2000 and prior to January1, 2000 and prior to January1, 2000 and prior to January1 2000! Guarantee of Plan approval for all QDROs prepared through QdroDesk collect information regarding the class. 100 % guarantee of Plan approval for all QDROs prepared through QdroDesk to January1, 2008, III,... The Top Heavy ratio 1975 prepared through QdroDesk Plan approval for all QDROs prepared through QdroDesk, only Sponsor! The Salaried Code means the Internal Revenue Code of activate your account amendments ) and the denominator of which 12. Domestic relations order permits the alternate payee to an employment relationship with the.. Plan Year Period and the denominator of which is 12 of which 12. Plan as of the Plan teleflex retirement support center the Salaried class of Beneficiaries ) designated by participant! For all QDROs prepared through QdroDesk survivor annuity for the life of his.! Administrative Committee shall calculate the Top Heavy ratio 1975 order permits the alternate payee an! The Internal Revenue Code of activate your account ( or such other Period as extended by subsequent Treasury 1.46 by... Order permits the alternate payee to an employment relationship with the Employer 1.30 request or collect information the!, that if the Salaried Code means the Internal Revenue Code of activate your account which!