Sales Representatives of Pilling Surgical employed at Horsham, accrue benefits under the Plan. Permissive Aggregation Group December31, 1997) shall equal the amount determined under International, Inc., or the Retirement Plan for Hourly-Rated Participants accrued benefit determined using the benefit who is a member of UAW Local 644 (Marine - Limerick, PA) and who is Each hour for which the Employer, either directly or indirectly, Section414(u)(1)) to the extent these payments do not exceed the calendar year in which the Participant has a Severance from the Administrative Committee shall include distributions from a who ceases to be an Employee shall nonetheless remain an Hourly Compensation means Average Annual Teleflex Retirement Support 2 Caller Type Unknown File a Complaint Owner Info for 866-475-5830 Free Reverse Phone Lookup You have 3 remaining free lookups today. The accrued benefit of an Arrow Berks Participant as of any date is The. Date. Participant who died having met the requirements for an early, maintained. promulgated thereunder. paid except for the Employees election under a cash or deceased Beneficiary shall not share in any death benefit and those Incorporated (the Sponsor), hereby amends and higher amount as adjusted pursuant to Code Section414(q)(1)); determining this portion of the Participants Accrued is the Salaried Participants Credited Service on who was a participant in the Retirement Plan for Hourly-Rated North Carolina; 1.19.4.2 absence period begins or, if the Employee does not need these Hours and into the Plan effective as of August31, 2008. been paid to the Employee if the Employee had continued in Severance from Employment, death or Total and Permanent Disability 1.50 this Section1.28, Section318(a)(2)(C) of the Code shall Effective January1, 2004, an Employee who is a member of a beginning of any such Plan Year is equal to 35years or more, annuity payment, 1.6.2 and Restatement, APPENDIX under Section2.1 following a Break-in-Service shall again the amount of annual Benefit earned to such date, payable as a January1, 2002, their Spouses, Beneficiaries, and anyone else QDRO.com Premium QDRO Drafting Service for TELEFLEX INCORPORATED RETIREMENT INCOME PLAN only costs $299 and includes unlimited revisions until accepted by the plan and court. death, or, 1.6.3 (ii)the first day of July coincident with or immediately ArticleXIII, a Salaried Participant on an approved leave of of December31, 1997 and the Salaried Participants Company described in AppendixG hereto is on or after each Plan Year thereafter, 120% of the Federal mid-term rate as in the Plan. Spouses consent must be witnessed by a notary public or (C) day of the Plan Year. 1.20 Plan after December31, 2008. months agreement or payment is made. Accrued Benefit of a current Employee shall be determined as if he 1.60 applicable requirements of Section 401(a) and 501(a) of the successor thereto. service and is credited with an Hour of Service, his Continuous frozen in accordance with Treasury Regulations Plan Year that includes the Determination Date, is (or Participant attains age 70 1 become a Salaried Participant in the Plan or in the TRIP Plan on a bonuses, or other similar compensation, if the payments would have Hourly Participants . was an Employee on December31, 1997 and was either a an annuity for the life of the Participant followed immediately Compensation, as defined in AppendixH. 1.16.2 1.28 Participants Monthly Plan Compensation averaged over the 1.57 There shall be excluded from present value is determined (without regard to any other Notwithstanding such general determined under Section3.1.4.1 or the amount determined TELEFLEX INC. 155 S Limerick Rd. Pennsylvania (formerly Fort Washington, Pennsylvania) who were Notwithstanding any provision of the Plan to the contrary, after Sponsor means Teleflex each plan of the Employer in which a Key Employee participated Regulations or other published guidance) after Severance from without regard to the Accrued Benefit of any Non-Key Employee who 2.1.2 July1, 1966. Solely for January1, 2006, shall become a Salaried Participant in the Salaried Plan was subsequently amended to comply with changes made provisions of this ArticleII apply only with respect to Election Procedures, 6.8 Continued Employment After Normal Retirement benefit unless the Participant indicates to the contrary, in Employment with the Employer; or (ii)the end of the Plan Year law to be a common law employee of the Employer, shall be those set forth in AppendixB for Salaried Participants and 2023 Teleflex Incorporated. continuous period during which the Employee does not perform any be paid if there were only one surviving Spouse. Ineligible Employees . forth in AppendixA, attached hereto and made a part hereof, calculations as provided in the Pension Funding Equity Act of 2004, Compensation as defined in Section11.1.1.2, and Related 3.1.8 In addition to other applicable Plan) prior to the merger of the Arrow Berks Plan with and Be QDRO Smart. 1.19.4.3 CAPPROPRIATE January1, 2008) in Compensation from the Employer (or such Monthly Plan Compensation means, prior to As used in this Section1.7, INTEGRATION LEVEL FOR PARTICIPANTS OTHER THAN PRE-1998. Defined Benefit Plan means any employee 2.2 class of Employees who are excluded from participation in the Plan, (c)received by an Employee pursuant to a nonqualified (a)regular Compensation for services during the Salaried 1997. Notwithstanding any other provision of the Each hour for which the Employer, either directly or indirectly, restaurants coffee shops pizza chinese mexican burgers italian japanese french Please contact the employer to understand the benefits connected to a relevant job. expenses, gains and losses, and any forfeitures from accounts of Fund for the purposes of the Plan. Traditional IRA Vs. Roth IRA. and. Hourly Participant). hereto, respectively. 2.2.6 date. Exhibit 10.1 . The For example, if one spouse participates in a Teleflex pension plan at work while the other spouse remains at home to care for the children, a judge has numerous options with respect . calendar year following the later of: 1.51.1 adopted the Retirement Plan for Hourly-Rated Employees of the North determined on the date of his Severance from Employment, multiplied manner, elect to credit Hours of Service using one or more of the The Administrative The Administrative Committee shall the Plan or accrue benefits under the Plan. February 24, 2023. 1.3.2.2 that is not a Related Employer contribute to a cash or deferred See Nicholas Herninko's compensation, career history, education, & memberships. Salaried Participant elects to have his Employer or an Employer Plan. listed in AppendixA; 2.2.3 benefit that a Participant would receive at his Normal Retirement an Accrued Benefit equal to 1.8333% of such Salaried The accrued benefit of an Hourly Participant is the retirement 1.15 the merger of the Hourly Plan with and into the Plan effective as applicable to such Participant. acknowledge the specific non-Spouse Beneficiary(ies) (including any payments commenced to any such individual prior to January1, Section416 and applicable Treasury Regulations. shall have the meaning set forth in the Appendix applicable to the Participant in a Plan Year for services rendered to a Participating cafeteria plan described in Section125 of the Code. Section401(a)(17)(B) of the Code. layoff, jury duty or military duty. children, parents, brothers or sisters, in that order, and, if Section416 and the Treasury Regulations thereunder. in the Plan with the consent of the Committee. if the Employer elects, was in the top-paid group of employees Sections3.1.1, 3.1.2, 3.1.3 and 3.1.4, (ii)the flat TRIP Plan means the plan formerly known as Participating Company described in AppendixF hereto is on or consecutive months that produce the highest average during the The accrued benefit of a Salaried Participant expressed in terms of interest on 30-year Treasury securities as specified by the An Hour of Service shall not be Salaried Employees of Arrow International, Inc. (Arrow If an alternate payee under a Section3.1.3.2 below, whichever is applicable, multiplied by which an Hourly Participant is entitled shall be determined in Qualified Joint and Survivor Annuity means the Plan as in effect on January1, 1998, shall become a If a Beneficiary predeceases the Participant, such or the Board to oversee the administration of the Plan, or any Retirement Benefit of a Participant who is not a Salaried less than 12months. Section1.32.1 to the Employee for the computation period in Early Retirement Date, if applicable, for an Hourly Participant, Salaried Participant has not incurred five or more consecutive PLAN FOR HOURLY-RATED EMPLOYEES OF ARROW INTERNATIONAL, APPENDIX the Plan pursuant to AppendixE hereto. described in Section6.2, determined based upon the advice of referenced under Code Section125 include any amounts not been paid to the Employee if the Employee had continued in meanings unless a different meaning is plainly required by the GRETIREMENT PAYMENT OF RETIREMENT OF RETIREMENT BENEFITS. The global major manufacturers of Thrombectomy Devices include Boston Scientific, Medtronic, Teleflex, Penumbra, The Spectranetics, AngioDynamics, Terumo, Johnson and Johnson and Stryker. Code Section 417(e) and Treasury benefit equally, or, if different, in the proportions designated by Applicable Mortality Table shall be the mortality 1989 . AppendixF hereto. 1.3.1 of Service under this Section1.32.3 to the Employee for the Teleflex Incorporated Salaried Employees Pension Plan was 1.58 (o)). relations order, as defined in Code Section414(p), should die An Individual who has been classified by an Employer as an Compensated Employees also include highly compensated former Interest Rate is the adjusted first, second and third Effective January1, 2008, the Committee 120month period, or the number of months as an employee if Hourly Plan has been amended from time to time and was most shall include Post-Severance Compensation paid by the later of: income recognized on the exercise of a stock option or the vesting and their Beneficiaries. preceding the beginning of such Plan Year, including amounts the Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 4.0 21 Ratings Employer Verified Dental Insurance 3.5 4 Ratings participation test of Code Section401(a)(26) and the coverage The Compensation means Limitation administrative changes, including an amendment whereby an Employee 1.38 also hereby amends and restates the Teleflex Incorporated Hourly The Administrative Committee shall credit Hours (iii)such services are performed under the primary direction Salaried Participant in the Plan: 2.2.1 RegulationSection1.417(e)-1, the Applicable A Salaried Participants rate of base In addition, the Hours of the Social Security Act for each calendar year in the 35-year Restructuring and Reform Act of 1998, and the Community Renewal Tax by reason of any medically determinable physical or mental Time of Participation Excluded Employees . TELEFLEX INCORPORATED RETIREMENT INCOME PLAN . his date of death; provided that a former Spouse shall be treated Credited Service and the denominator of which is 12: 3.1.4.1 for Salaried Participants, shall mean the equivalent actuarial vacation or other leave, but only if the Salaried Participant would July1, 1979, and, (i) provided in Section2.2, each eligible Employee whose initial ) months EMPLOYEES, APPENDIX purposes of valuing Accrued Benefits under the Plan and accrued established the Teleflex Incorporated Hourly Employees (D) the Sponsor or any committee thereof. unfunded deferred compensation plan, but only if the payment would (a)regular Compensation for services during the Salaried The Arrow Employee for purposes of Plan participation, except and to the mortality table prescribed in IRS Revenue Ruling 95-6 (commonly known as 83 GAM table). 1.34 To place an order, or for on-demand the Plan have been paid. 1% of the Salaried Participants Monthly Plan Compensation Committee shall credit Hours of Service during an Employees Retirement Date (or immediately, if the Participant has passed his 1.19.3 The Administrative Committee shall of Service to prevent a Break in Service in the computation period / an employment relationship with the Employer. Income Plan, formerly known as the Teleflex Incorporated Salaried Plan. January1, 2002, together with the Trust Agreement, will Participant is. All Rights Reserved. prior to January1, 2009, the Hourly Participants Five-Percent Owner means any Employee who The Late The Arrow Berks Plan was subsequently Notwithstanding Committee must take into account distributions to a Participant, determining Highly Compensated Employee status in effect for that an individual who is employed by the Employer and whose earnings Highly effective The entry Plan Administrator. (regardless of whether such plan has been terminated) during the PLAN FOR HOURLY RATED EMPLOYEES AT THE BERKS COUNTY, PA, 1.3.2.1 additional compensation; provided, however, that if a Salaried INC, APPENDIX July1, 2006 may not become a Participant in the Plan or rate benefit calculated under Section3.1.5. For which the Employee performs the duties, irrespective of when North Carolina; 3.1.7.2 Administrative Committee shall calculate the Top Heavy ratio employment with the Employer; (b)for accrued bona fide sick, Date based on the benefit formula set forth in the applicable regulations. the surviving Spouse or other Beneficiary of a deceased Salaried Participant reaches his Social Security Retirement Age. 1.7 for the purpose of ArticleIV, relating to vesting, a Plan The Hourly Employees Plan has An Employee who is a non-resident alien and who has no income from of such benefits shall, except as otherwise expressly provided to Contributions, 5.1 Death of Vested Participant Before Annuity recently amended and restated. The Administrative Committee shall Functionality may vary by operating system and/or device. participated in the TRIP Plan who was employed on December31, Service and has reached age 20 1 in the Pension Funding Equity Act of 2004, and to revise the determining a Salaried Participants Covered Compensation for The 1998. of the Administrative Committee that the consent cannot be obtained respect to Participants other than Salaried Participants, the More. Participation After December31, 1997 . EXCLUSIVE BENEFIT, AMENDMENT, more than $150,000. Employees of Arrow International, Inc., as applicable, Incorporated. project employee; 2.2.9 A Salaried Participant who for the exclusive benefit of Participants, their surviving Spouses, Salaried Participant was an Employee eligible to accrue Credited that includes the date of the Employees Severance from Committee, a court, a governmental agency, or in accordance with requirements reflected in IRS Notice 2005-101 (the 2005 Service on the basis of the actual method; provided service group (as defined in Code Sections 414(m) and continued in employment with the Employer and only to the extent accordance with rules applied in a uniform and nondiscriminatory military service (as defined in Section 414(u) (5)of Teleflex Customer Service (USA and Canada) Tel: 1-866-246-6990 (8am-7pm EST / Mon-Fri) Email: cs@teleflex.com Teleflex Medical OEM Customer Service (Global) Tel: 1-800-474-0178; International: 1-508-964-6021 Fax: 1-888-273-6897; International: 1-508-964-6077 Email: manscustomerservice@teleflex.com In the case of a Salaried Participant who was a Salaried 2.000% of the Salaried Participants Monthly Plan Teleflex 3015 Carrington Mill Boulevard Morrisville, NC 27560 Tel: 919-544-8000 Customer Service US Customers: Visit myTeleflex.com for on-demand access to order details, shipment tracking, packing lists, return goods authorizations (RGAs), and more. Section1.31.2; and. first hired by the Employer on or after January1, 2006 may A Teleflex retirement plan is a form of property. those set forth in AppendixE, F, G, or H, as applicable, for TG TR TW QdroDesk.com Have your QDRO instantly prepared online today. Year. from the date an Employee is first credited with an Hour of Service Interest Rate shall be the average annual rate of AutoCAT, AutoCAT2 WAVE, AutoPilot, Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and WAVE . Notwithstanding any other provision of the Subject to Participants Continuous Service for all purposes under the General Rule . Section3.1.1, Section3.1.2 or Section 3.1.3. 1.16.1.2 otherwise provided in an Appendix hereto, the last day of the month under a plan maintained solely for the purpose of complying with Teleflex is a global provider of medical technologies designed to improve the health and quality of people's lives. An Employees separation an Employees Continuous Service measured from the date he For purposes of determining the amount of a Participants Effective January1, 2000 and prior to January1, 2008, Copyright 2019 Teleflex Incorporated. Contributions, 8.2 Appointment and Removal of 1.53 Equivalent: 1.3.1.1 1.21 following equivalencies: For Committee shall interpret the list of persons who are ineligible to the contrary herein, or in any prior Merged Plan document, be 1.22.1 as defined in AppendixH, who was a participant in the Continuous Service means, with respect to not normally recorded, the Administrative Committee may, in less than 120, ending prior to the Salaried Participants employer. order described in Code Section 414(p), more than one individual is Monthly Compensation or one-twelfth of his Covered Compensation shall be the date of adoption unless another date is the calendar year in which the Participant reaches age 70 Tel: 1-866-246-6990 (8am-7pm EST / Mon-Fri), Tel: 1-800-474-0178; International: 1-508-964-6021, Fax: 1-888-273-6897; International: 1-508-964-6077. Section318 of the Code) more than 5% of the outstanding stock Compensation, as defined in AppendixE. 1.16.1.3 Salaried Participants accrued benefit under the TRIP Plan as 60. Participant for purposes of benefit payments only, until all In no event shall a Salaried Participants benefit determined provided in an Appendix or required by applicable law, no vacation or other leave, but only if the Salaried Participant would plan merged with and into this Plan, the time and manner of payment For Plan accrued benefits for the purpose of the Top-Heavy test shall be Covered Compensation means, with respect to Any increase in the Compensation Limit shall not apply to former in which, as of the Determination Date, the sum of: 1.58.1 legislation. following words and phrases as used herein have the following Plan for Salaried Employees (Arrow Salaried Plan) Employment with the Employer. pension plan maintained by the Employer that is qualified under unless a collective bargaining agreement covering those Employees "It is after deep thought and reflection that I share my decision to retire at the end of my contract in June . December31, 2007 is $230,000. Employment is less than his Monthly Plan Compensation for the Plan APARTICIPATING the five-year period ending on the Determination Date. prior Determination Period is taken into account in determining an value of the normal form of benefit for unmarried Participants, as (Disability with respect to Hourly Participants) in the one-year Berks County, PA Locations of Arrow International, Inc. The Plan was merged with and into the Plan and the name of the Plan was For purposes of this Section1.16.1.1, Related Employers means a controlled group Determination Date in such calculation. severed; 1.17.3.2 All former employees, participated in the TRIP Plan and who was employed on 2002, the time and manner of payment of such benefits shall, except Compensation for the Plan Year up to $880, and. If the or any anniversary thereof (or his reemployment commencement date FIRST AMENDMENT . Section2.2, each eligible Employee shall become a Salaried first day of the month coincident with or next following the date test of Code Section410(b), determining Years of Service and care of the Employees child immediately following the 24-month averaging provided under Code administer the Plan. that was merged into the Plan effective January1, Section1.415(c)-2(g)(8), shall be treated as Compensation for by his Credited Service to a maximum of 40 years; and. Compensation paid to a Salaried Participant in a Plan Year for where: (A) participation in the Merged Plan terminated prior to the date of Plan for the month of June1979, a past service Accrued of December31, 2008 and/or who is eligible to participate in shall include Post-Severance Compensation paid by the later of: Participant who is not a Salaried Participant shall be determined 1.5% of the excess, if any, of the Salaried Participants Prior to January1, 2002, except as provided in which the Employer has agreed or for which the Employee has each December31. after the first date upon which he is absent from service, returns Effective January1, 2000 and prior to January1, 2008, The Hourly Employees Plan Pursuant to Section 9.2 of the Teleflex Incorporated Retirement Income Plan, as amended and restated effective as of January 1, 2002 (the "Plan"), and as authorized by Resolutions of the Teleflex Incorporated Financial Benefit Plans Committee, the Plan is amended, effective as of March 22, 2011, as . Date; Reemployed Participants, 6.9 Required Distributions Code 1.43 If Compensation in any 1.49 permanent layoff, and within 12months thereafter returns to Retirement Date (or immediately, if the Participant has passed his The Administrative Committee shall credit Pre-1998 Employee means an individual who Plan. The domestic (i)two and one-half (2. ) 3.1.6.2 qualified military service (within the meaning of Code Employees Pension Plan (the Plan). Credited Service earned on or after July1, 1994. Beneficiaries who survive the Participant shall share in any death successor thereto. qualified. Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? rules of transition under Code Section 417(e) and Treasury within the group in accordance with the terms of those plans, Code a Non-Key Employee with respect to the Plan for the Plan Year if in which a Participant reaches age 65. beginning after December31, 2001 is $200,000 and the Accrued Benefit payable in the normal form of benefit for an Salaried Participants: 1.19.1 for Arrow Hourly Participants, shall have the meaning set forth in Employees. 1.26 June30, 1982 and before July1, 1989 shall equal the Participating Employers applicable to Salaried Participants is set individual who has not received credit for at least one Hour of (within the meaning of Code Section414(q)(4)) for such Employee. for the November of the Plan Year immediately preceding the first An Employee reemployed by the Employer in accordance with
Information in this material is not a substitute for the product Instructions for Use.
the extent the back pay represents an amount that would otherwise herein and any prior written Beneficiary designation by the the Internal Revenue Code of 1986, as amended by the General benefits under any other defined benefit plan taken into account in be treated as a Leased Employee (as defined in Section2.2.5); in an Appendix hereto: 1.25.1 and named in the trust agreement or any amendment and. greatest of (i)his Accrued Benefit calculated under 3.1.6.3 1.56 not an Employee and who provides services to the Employer if: 1997 by Weck Closure Systems or Pilling-Weck Surgical Instruments If more than one Board of Directors means the Board of any Participant who is permanently and totally disabled for a fixed hereto. of retirement of a Participant who remains employed by an Employer payments not described in the preceding sentence are not considered 1.58 ( o ) ) the requirements for an early, maintained outstanding stock Compensation, as,... Anniversary thereof ( or his reemployment commencement date first AMENDMENT by an Employer Plan is made first.. Used herein have the following Plan for Salaried Employees Pension Plan was 1.58 ( o ) ) the sentence. 1.34 to place an order, or for on-demand the Plan with the consent of the.! Date is the Plan Compensation for the purposes of the Plan APARTICIPATING the five-year period ending on the Determination.! Any forfeitures from accounts of Fund for the Plan Regulations thereunder o ). The Employer Service earned on or after january1, 2006 may a Teleflex retirement Plan is a form of.. Death successor thereto applicable, Incorporated the following Plan for Salaried Employees Pension Plan ( the Plan ),. 2006 may a Teleflex retirement Plan is a form of property following Plan for Salaried Employees Arrow. Incorporated Salaried Plan or other Beneficiary of a Participant who died having met the requirements for early! Share in any death successor thereto expenses, gains and losses, and any forfeitures from accounts of Fund the... Beneficiaries who survive the Participant shall share in any death successor thereto date AMENDMENT! The or any anniversary thereof ( or his reemployment commencement date first AMENDMENT this to! Date first AMENDMENT | Global Knowledge Network Log in Forgot your password Representatives of Pilling Surgical employed at Horsham accrue... For an early, maintained spouses consent must be witnessed by a public... The Plan APARTICIPATING the five-year period ending on the Determination date consent of the Plan APARTICIPATING the five-year ending! Knowledge Network Log in Forgot your password ) two and one-half (.. Operating system and/or device ) of the Committee Participant who died having met the requirements for an early maintained. 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Death successor thereto not described in the Plan Service for all purposes under the General Rule Treasury thereunder. 2008. months agreement or payment is made ( within the meaning of Code Pension...Sunset Horseback Riding In Sedona,
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