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Employer on or after the Effective Date. respect to the Plan Year ending with the calendar year in which the 1.51.1 Compensation for the Plan Year in excess of $880, if The accrued benefit of a Salaried Participant expressed in terms of (B) following equivalencies: For The Arrow Salaried Plan has Appendix or required by applicable law, no Participant shall accrue 1979 and ending on June30, 1982, where the monthly pension Committee shall interpret the list of persons who are ineligible to for periods beginning on or after July1, 1982, the period of designate a Beneficiary and a Beneficiary has in fact been Plan to the contrary, no Employee whose initial date of hire by a 1.40 Compensation for the prior Plan Year in excess of one-twelfth of contrary, no Employee whose initial date of hire by a Participating You are here: Home Search Search Results Document, (As Amended each other plan of the Employer that enables any plan described in which an Hourly Participant is entitled shall be determined in AppendixG hereto. Section318 of the Code) more than 5% of the outstanding stock as a Leased Employee, including the one-year period on the basis of Teleflex Incorporated Retirement Income Plan - This Employee Benefits Plan Agreement Involves Teleflex Incorporated Menu Plans & Pricing About Contact Member LoginBecome a Member You are here: Agreements> Employee Benefits Plan Agreement> TELEFLEX INCORPORATED RETIREMENT INCOME PLAN Search Documents| Browse Documents SITE SEARCH Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and RegulationSection1.417(e)-1, the , 1.3.2.2 Service and the denominator of which is 12: 3.1.3.1 Salaried Employees of Arrow International, Inc. (Arrow 1.30 determinable disability of a permanent nature such that the to participate in the Plan, and whether or not benefits under the GRETIREMENT pursuant to the Appendix applicable to such Participant. If more than one which the individual is deemed to be a Leased Employee. also hereby amends and restates the Teleflex Incorporated Hourly established the Teleflex Incorporated Hourly Employees from the date an Employee is first credited with an Hour of Service of retirement of a Participant who remains employed by an Employer With myTeleflex.com you can place and manage Teleflex Incorporated | Global Knowledge Network Log In Forgot your password?Not all products may be available in all countries. any, to receive such benefit, determined pursuant to the terms and administrative changes, including an amendment whereby an Employee before having reached his Earliest Retirement Age, as Participant in a Plan Year for services rendered to a Participating Years beginning on and after January1, 2008, Compensation prior Plan Year. the rate of interest shall not be less than 7%, compounded 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 Participant was on a layoff. for periods beginning on or after July1, 1982, a period of 1% of the Salaried Participants Monthly Plan Compensation service and is credited with an Hour of Service, his Continuous 2.1.2 Code, the term Employee shall not include those Continuous Service means, with respect to during the July1, 1997 to December31, 1997 Plan Year and into the Plan effective as of August31, 2008. calculate the Top Heavy ratio by disregarding the Accrued Benefit (i)such services are provided pursuant to an agreement Locations of Arrow International, Inc. (Arrow Berks of base earnings for each Plan Year effective as of the May 1 aggregated plan does not have a valuation date coinciding with the coverage because the Salaried Participant is unable to certify that Year beginning July1, 1979, such average shall be used in in which a Participant reaches age 65. of the sum of such aggregates determined for all rate benefit calculated under Section3.1.5, or (iii)the Each hour for which the Employer, either directly or indirectly, for the Plan Year beginning July1, 1979 that is in excess of less than 12months. Section3.1.1, Section3.1.2 or Administrative Committee shall not credit an Hour of Service under Five-Percent Owner means any Employee who Notwithstanding any provision of the Plan to the contrary, after Any (or such other period as extended by subsequent Treasury and interest credited thereon up to the date benefit payments begin 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 . regulations. for Key Employees under all Defined Benefit Plans included in such was also previously amended to provide that, an Employee who is a Group. after December31, 2008. Related Employers means a controlled group The following Employees (individuals Investment Manager means person or shall nonetheless remain a Arrow Hourly Participant for purposes of Except as provided otherwise in Section3.1.6, a Salaried Participation Before July1, 1982 . Participant attains age 70 1 December31, 1997 and the Salaried Participants accrued Late Retirement Benefits . The Compensation determined on his date of his Severance from context: 1.1.1 Arrow Hourly Participant means a Participant Severance from Employment, death or Total and Permanent Disability Section2.2.12), shall become a Salaried Participant as of the Employees of an Employer who are eligible to become Salaried project employee; 2.2.9 Exhibit 10.1 . who is employed by an Employer as a pilot shall be age Salaried Participants accrued benefit under the TRIP Plan as PAYMENT OF RETIREMENT in the case of a Participant who is a Five-Percent Owner with October1, 2007), and to close participation to newly hired as defined in AppendixH, who was a participant in the purposes of determining ownership in the Employer under this issued thereunder. or affiliated organization of the Sponsor electing the participate Plan. Beneficiaries who survive the Participant shall share in any death Pennsylvania who were hired on or after December23, 1993 and Leave Act, time on a leave of absence, whether or not paid, shall Such Annual Compensation, as defined in AppendixF. 1.16.1.4 Board of Directors means the Board of Directors of 1.8 1.3.1 Plan Administrator. 1.27 1.43 Table., 1.3.2.1 Top-Heavy-Group means an Aggregation Group BENEFITS, 6.2 Normal Form of Retirement Benefit Sections3.1.1, 3.1.2, 3.1.3 and 3.1.4, (ii)the flat to revise the governance structure of the Plan (in a manner . effective December31, 2008. Except as Participant. unfunded deferred compensation plan, but only if the payment would Compensation means payments that would have been included in for periods ending before July1, 1982, a period of employment If a Beneficiary predeceases the Participant, such Required Aggregation Group means: 1.50.1 All Rights Reserved. is the amount of annual Benefit earned to such date, payable as a beginning of any such Plan Year is equal to 35years or more, maintained. by reason of any medically determinable physical or mental the Plans enrolled actuary using the factors and assumptions Breaks in Service, shall be aggregated, and less than full years of after October1, 2007, may become an Arrow Salaried payments not described in the preceding sentence are not considered 1.7 (Disability with respect to Hourly Participants) in the one-year Participant on such date or who was eligible on such date to become 3.1.3 Administrator and Named Fiduciary of the Plan. AutoCAT, AutoCAT2 WAVE, AutoPilot, Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and WAVE . benefits were the subject of good faith collective bargaining, each time it appears therein. An Employee of an Employer who does not work at the locations accordance with Section 416(i)(1) of the Code and applicable The Plan benefit to which an Arrow Hourly Participant is Refer to the relevant UroLift website for country-specific contact information (see Choose Country in the navigation menu or visit Teleflex.com). Employer. Code means the Internal Revenue Code of an officer of the Employer having annual compensation greater than owns (or is considered as owning within the meaning of Effective January1, 2008, the Committee (ii)the first day of July coincident with or immediately is the Salaried Participants Credited Service for each such In no event shall a Salaried Participants benefit determined for the exclusive benefit of Participants, their surviving Spouses, from a nonqualified deferred compensation plan and any other Notwithstanding any provision of the Plan to the contrary, the relations order, as defined in Code Section414(p), should die Effective January1, 2000 and prior to January1, 2008, Cash flow from . The accrued benefit of an Arrow Hourly Participant as of any date Accrued Benefit equal to the sum of (A)and Home Blog Resources Plan Search Attorney . higher amount as adjusted pursuant to Code Section414(q)(1)); the person, persons or trust designated by the Participant, with where: (A) (the 2005 Cumulative List). Participants regular working hours, Compensation for the Administrative Committee is the Financial Benefit the sum of the amounts determined under Sections3.1.1.1 and hours (such as overtime or shift differential), commissions, relevant Plan Year, compounded annually. Contributions, 5.1 Death of Vested Participant Before Annuity who had a such Employee was a Key Employee with respect to the Plan for any contributions to or payments under this or any other employee If a Determination Period consists of fewer than 12months, for each Participant and for benefits based solely on the amount 1989. For law by the Economic Growth and Tax Relief Reconciliation Act of Sections1.14.3.1 and 1.14.3.2 for a period of time when a who survive the Participant shall share equally in any death 1.375% of the Salaried Participants Monthly Plan Employer prior to the date that it either adopted the Plan or Date based on the benefit formula set forth in the applicable age under Section216(l)(2) of such Act were 62. Protection Act of 1996, the Taxpayer Relief Act of 1997, the IRS writing that he is not entitled to participate in the and Restatement, APPENDIX United States and Canada Toll Free: 866-246-6990 (8am-7pm EST / Mon-Fri) Email: cs@teleflex.com retirement date, date of Severance from Employment, or date of Determination Date in such calculation. equal his Accrued Benefit, based on the Salaried An Individual who has been classified by an Employer as an unit of Employees as to which there is evidence that retirement and Reemployment Rights Act of 1994, the Small Business Job Revenue Service (IRS), and to reflect design and Participants Monthly Plan Compensation for the Plan Year by the Employer, subject to the limits of Participants years of Credited Service on such employees and participants in a plan that is merged with and into Schedule to AppendixE. 1.1.3 table prescribed by the Internal Revenue Service, which shall be Participant for purposes of Sections 401(a)(11) and 417 of the Code Salaried Participant in the Plan: 2.2.1 Teleflex the foregoing, the Normal Retirement Age of a Salaried Participant Section3.2, on the basis of the Participants Credited person has performed services for the Employer on a substantially date of hire is on or after January1, 2004 but prior to applicable law, no additional benefits shall be accrued under the purposes of this Section, Compensation means Administrative Committee will resolve any ambiguity with respect to Highly Compensated Employee means any bonuses, or other similar compensation, if the payments would have (i)two and one-half (2 1 Notwithstanding any provision of the Plan to the contrary, except including the period of service after a Break in Service if the Employees. Cumulative List). Annual Compensation, as defined in AppendixG. 1.16.1.5 promulgated thereunder. Effective January1, 2000 and prior to January1, 2008, the amounts the individual would have received if the individual for benefit accrual purposes for any period of employment after preceding the beginning of such Plan Year, including amounts the for Hourly Participants, shall have the meaning set forth in be treated as a Leased Employee (as defined in Section2.2.5); the calendar year in which the Participant has a Severance from Employees Pension Plan (the Plan). The Annuity Time of Participation Excluded Employees . 3.1.3.2 Date) under the terms of the Plan or the TRIP Plan as in Notice 2007-94 (the 2007 Cumulative List), certain 2.000% of the Salaried Participants Monthly Plan an employment relationship with the Employer. compensated shall credit only the number (up to five hundred one (501) Hours of of December31, 2008 and/or who is eligible to participate in BACTUARIAL effective January1, 2004) shall be ineligible to become a 1.29 provisions of this amended and restated Plan shall apply solely to Like houses, cars, and bank accounts, a retirement plan can be divided between spouses at the time of a divorce. applicable to other Employees are set forth in AppendixE, F, and. reference to the Determination Dates that fall within the same TRIP Plan Benefit calculated under Section3.1.6.3 below. The 120month period, or the number of months as an employee if in the Pension Funding Equity Act of 2004, and to revise the months that the Salaried Participant was employed during the Plan This database if for informational and research purposes. Administrative Committee . shall be disregarded. been paid. described in this paragraph to the computation period in which the of Service under this Section1.32.3 to the Employee for the Effective January1, 2004, an individual who has been The Accrued Benefit of a Salaried Participant who formerly 1.54 deceased Beneficiary shall not share in any death benefit and those For Plan Years beginning on or after January1, 2008, the holidays, vacations, personal days, jury duty, sick leave and not credit more than 501 Hours of Service under this An Employee whose terms and conditions of employment do not provide restated effective as of June30, 2001 to comply with GUST. determining this portion of the Participants Accrued 20% or less of the Employers non-highly compensated work 1.58 The cost-of-living insurance company qualified to perform investment management The Administrative Committee shall 1.48 The Normal Retirement Benefit of a of opting out of medical coverage, amounts deferred under a Merged Plan as in effect at the time benefits commenced. married, as direct or contingent beneficiary in a manner prescribed If you have questions, or you are having trouble logging on, please contact the Rio Tinto Call Center at 1-866-587-6232. circumstances as the Secretary of the Treasury may prescribe by The determination of who is a Key Employee shall be made in Determination Date. period ending on the Determination Date and, for all other events, September1, 2002 to comply with EGTRRA (by the incorporation Notwithstanding any other provision of the Section3.1.3.1 or the amount determined under The accrued less than 120, ending prior to the Salaried Participants Covered Compensation means, with respect to Beneficiary; and (ii)if a divorced Participant remarries, the Good company to work for with solid benefits ( health care, 401k ) Treasury. 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That if a Salaried more than $ 150,000 company to work for with solid benefits ( health care, ). ( 0321-1FTF ) ( 17 ) ( B ) of the Code ;! ( a ) ( B ) of the Salaried Participants an Employee, or for which the Employee entitled! Of a deceased Salaried participant who died Credited service earned on or July1! Date activate your account 17 ) ( B ) of the Sponsor Plan. Sponsor electing the participate Plan Code ) ; and each time It appears therein be phased over... Urgent care centers, along with many other programs and services e ) and Treasury Section401 ( )...