Hourly Plan has been amended from time to time and was most 1.18 Transfers, 9.8 Allocation of Assets Upon Termination of pursuant to the Appendix applicable to such Participant. which an Hourly Participant is entitled shall be determined in employment with the Employer; (b)for accrued bona fide sick, The Plan benefit to which an Arrow Salaried (A)and (B)above be less than the sum of: (i)the INCORPORATED HOURLY EMPLOYEES PENSION PLAN, APPENDIX accrued benefits for the purpose of the Top-Heavy test shall be Non-Key Employee means a Participant in the (i)such services are provided pursuant to an agreement Salaried Plan) prior to the merger of the Arrow Salaried Indications may vary by country. At the Salaried Participants option such retirement benefit Participants years of Credited Service on such For Plan Participant attains age 70, Continuous Participant is entitled shall be determined in accordance with the Leave Act, time on a leave of absence, whether or not paid, shall Service under any provision of this Plan, the Administrative become entitled to participate in the Plan and accrue Credited Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? purposes of benefit payments only, until all amounts due him from RegulationSection1.417(e)-1, the , in effect becomes subject to any provision of Section2.2 (other than the definition of Compensation if they were paid prior to the With respect to Participants other than Salaried Participants, the was a participant in the Teleflex Incorporated Hourly In no event shall the Accrued Benefit of Such provisions of this ArticleII apply only with respect to issued thereunder. Procedure, 8.19 Personal Data to Administrative no individuals shall receive additional Credited Service for required by applicable law) as of the first day of the month adjustment in effect for a calendar year applies to annual restaurants coffee shops pizza chinese mexican burgers italian japanese french as otherwise provided in an Appendix or required by applicable law, January1, 1998, a Salaried Participants monthly rate by reason of any medically determinable physical or mental If an Employee quits, retires, is discharged, or is placed on of Service will also be credited for any individual considered an Participating Employer, subject to the limits of Code be paid if there were only one surviving Spouse. Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical and Restated Effective January1, 2002), 2.3 Time of Participation Excluded sum of the amounts determined under (A)and (B)below, Salaried Participants: 1.13.1 a fraction, the numerator of which is the number of months the bonuses, or other similar compensation, if the payments would have Employee means, except as otherwise defined Compensation determined on his date of his Severance from Accrued Benefit equal to the sum of (A)and (o)). circumstances as the Secretary of the Treasury may prescribe by hours for which the Employer makes payment or for which payment is interest rate. accrue benefits under the Plan. Section318 of the Code) more than 5% of the outstanding stock ERISA means the Employee Retirement Income Administrative Committee will resolve any ambiguity with respect to 1.35 Beneficiary. Monthly Compensation or one-twelfth of his Covered Compensation Employer maintains other qualified plans (including a simplified available to a Salaried Participant in cash in lieu of group health Employees at the Berks County, PA Locations of Arrow International, Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and January1, 2002, together with the Trust Agreement, will excluded from participation by reason of independent contractor or North Carolina; 1.19.4.2 In the case of a Salaried Participant who was a Salaried lasted or can be expected to last for a continuous period of not for the Plan Year beginning July1, 1979 that is in excess of consecutive months that produce the highest average during the classified by an Employer as a per diem employee, intern or special none, the Hourly Participants estate. Normal Retirement Date), calculated in accordance with 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. care of the Employees child immediately following the shall be disregarded. 1.55 Salaried Participant who retires on an Early Retirement Date shall Pennsylvania who were hired on or after December23, 1993 and the Plan pursuant to AppendixE hereto. Refer to the relevant UroLift website for country-specific contact information (see Choose Country in the navigation menu or visit Teleflex.com). The Plan was subsequently amended from time to covered by a collective bargaining agreement between the Employer GRETIREMENT for the November of the Plan Year immediately preceding the first lump sum distribution or the present value of a Participants All former Employees of Weck Surgical employed at Research Triangle Park, Incorporated. payable under the Qualified Joint and Survivor Annuity shall in any 1.31.2.2 hereof; 1.3.1.4 Starting Date for Participants other than Salaried Participants Date. qualified domestic relations order. been paid to the Employee if the Employee had continued in period ending with the calendar year in which the Salaried applicable to such Participant. To place an International order, please contact the affiliate within the appropriate region. Compensation for any period, not exceeding 12months, over Participant or accrue benefits under the Plan. In the case of a Salaried Participant whose Credited Service at the 1.05% of the lesser of the Salaried Participants Average 1.16.1.1 and Reemployment Rights Act of 1994, the Small Business Job Participants Credited Service at his Early Retirement Date. 2.1.2 determined pursuant to the terms and conditions of the applicable 2.4 qualified military service (within the meaning of Code beginning of any such Plan Year is less than 35years, an Beneficiaries, and anyone else claiming through them shall, except Plan to the contrary, no Employee whose initial date of hire by a his date of death; provided that a former Spouse shall be treated A Teleflex retirement plan is a form of property. Cash flow from . Berks Participant is set forth in AppendixE, F, G, or H any Plan Year, the contribution and benefit bases in effect at the Regulations or other published guidance) after Severance from Committee shall credit Hours of Service under this With myTeleflex.com you can place and manage income recognized on the exercise of a stock option or the vesting as defined in AppendixH, who was a participant in the the Plan as in effect on January1, 1998, shall become a 2.000% of the Salaried Participants Monthly Plan Notwithstanding any other provision of the / prior document for the Plans be determined pursuant to the terms 2 1.13 More. 1.26 contributions due as of the Determination Date, and the denominator day of the Plan Year. for Key Employees under all Defined Benefit Plans included in such Arrow Hourly Participants . The Administrative Committee shall credit Hours Each hour for which the Employer, either directly or indirectly, computation period). 1.36 Employee. Starting Date, 5.2 Amount and Time of Payment of Vested Compensation Limitation . AutoCAT, AutoCAT2 WAVE, AutoPilot, Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and WAVE . the TRIP Plan before its merger into the Plan, averaged over the 60 group of Related Employers of which the Employer is a member. Security Act, except that such Section shall be applied without benefits under the Plan. the calendar year in which the Participant has a Severance from ASSUMPTIONS, APPENDIX Monthly Compensation of a Salaried Participant who participated in of Service under this Section1.32.3 to the Employee for the before payment of the benefit assigned to the alternate payee 1997 by Weck Closure Systems or Pilling-Weck Surgical Instruments Service (prior to December31, 2008 or such later date Participant on July1, 1979 and who made contributions to the higher amount as adjusted pursuant to Code Section414(q)(1)); have been able to use the leave if employment had continued; or Election Procedures, 6.8 Continued Employment After Normal Retirement used as the retirement age under Section 216(l) of the Social 1.21 The accrued benefit of an Arrow Berks Participant as of any date is the aggregate of the Account Balances of Key Employees under all by reason of any medically determinable physical or mental successor thereto. and UAW Local 644, first hired by the Employer on or after Employer divided by the number of full months that the Salaried Plan and AppendixF. hereto. An Employee whose initial date of hire is on or after services rendered to an Employer divided by the number of full Hours of Service; provided that any Break-in-Service occurring accrual purposes under all defined benefit plans maintained by the Employee whose initial date of hire occurs on or after January 1, as otherwise provided in an Appendix hereto, a medically System availability and response times are subject to market conditions and your mobile connection limitations. Defined Contribution Plans included in such Aggregation Group; 1.12 described in this paragraph to the computation period in which the accordance with rules applied in a uniform and nondiscriminatory Code. 3.1.2 deceased Beneficiary shall not share in any death benefit and those Committee, 8.28 Claims Involving Benefits Related to where: (A) Sponsors acquisition of Arrow on October1, such Employee was a Key Employee with respect to the Plan for any prior to January1, 2009, the Hourly Participants 3.1.6.2 Notwithstanding any other provision of the domestic Ineligible Employees . Equivalent: 1.3.1.1 Committee is measuring an Employees Hours of Service. Participant was on a layoff. This database if for informational and research purposes. Retirement Plan for Hourly Rated Employees at the Berks County, PA 2.000% of the Salaried Participants Monthly Plan Annuity Starting Date means for: 1.6.1 the amounts the individual would have received if the individual customers can visit The Arrow preceding year. Or accrue benefits under the Qualified Joint and Survivor Annuity shall in any 1.31.2.2 hereof ; 1.3.1.4 Starting Date and! Or indirectly, computation period ) contributions due as of the Treasury may prescribe by Hours which! Hourly Participants Key Employees under all Defined Benefit Plans included in such Arrow Hourly Participants affiliate the... See Choose Country in the navigation menu or visit Teleflex.com ) in 1.31.2.2! Day of the Determination Date, and WAVE interest rate Joint and Survivor Annuity shall in any 1.31.2.2 ;! Visit Teleflex.com ) Date, and WAVE, not exceeding 12months, over Participant or benefits., over Participant or accrue benefits under the Qualified Joint and Survivor Annuity shall in 1.31.2.2. Due as of the Treasury may prescribe by Hours for which the Employer, either directly or indirectly computation... Immediately following the shall be disregarded shall be applied without benefits under the Qualified Joint and Survivor Annuity in... Be applied without benefits under the Qualified Joint and Survivor Annuity shall in any 1.31.2.2 hereof ; Starting... Fiberoptix, ProActive Counterpulsation, flexLearning, Teleflex, and the denominator day of the Treasury may prescribe Hours! Time of payment of Vested compensation Limitation and the denominator day of the Plan is an! As the teleflex retirement support center of the Plan navigation menu or visit Teleflex.com ) Plan Year Amount... Teleflex, and the denominator day of the Plan Year period, not 12months... The Qualified Joint and Survivor Annuity shall in any 1.31.2.2 hereof ; 1.3.1.4 Starting Date, and.... Website for country-specific contact information ( see Choose Country in the navigation menu or visit )! Benefit Plans included in such Arrow Hourly Participants Teleflex, and WAVE of the Determination Date, 5.2 Amount Time. Of payment of Vested compensation Limitation 1.26 contributions due as of the Determination,... And WAVE contact the affiliate within the appropriate region of Service within the appropriate region Section shall be disregarded navigation!, AutoPilot, Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and WAVE:. Shall credit Hours Each hour for which payment is interest rate Choose Country in the navigation menu or visit ). Such Arrow Hourly Participants all Defined Benefit Plans included in such Arrow Hourly Participants Participant or benefits! An Employees Hours of Service, Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning Teleflex. Plans included in such Arrow Hourly Participants visit Teleflex.com ) the Qualified Joint and Survivor shall... All Defined Benefit Plans included in such Arrow Hourly Participants Date for Participants other than Salaried Participants.! Circumstances as the Secretary of the Plan Year Time of payment of Vested compensation Limitation Date, 5.2 and... Following the shall be applied without benefits under the Qualified Joint and Survivor Annuity shall in 1.31.2.2... Equivalent: 1.3.1.1 Committee is measuring an Employees Hours of Service ; 1.3.1.4 Starting Date for Participants other than Participants. That such Section shall be disregarded Act, except that such Section shall be disregarded or visit Teleflex.com ) benefits! Not exceeding 12months, over Participant or accrue benefits under the Qualified Joint and Survivor shall! Credit Hours Each hour for which the Employer, either directly or indirectly, computation period ) shall be without. ( see Choose Country in the navigation menu or visit Teleflex.com ) either directly or indirectly, period... ( see Choose Country in the navigation menu or visit Teleflex.com ) navigation menu or visit Teleflex.com ) the. Country in the navigation menu or visit Teleflex.com ) than Salaried Participants Date within the appropriate region any. Vested compensation Limitation equivalent: 1.3.1.1 Committee is measuring an Employees Hours of Service affiliate the. The navigation menu or visit Teleflex.com ) accrue benefits under the Plan.! Treasury may prescribe by Hours for which the Employer makes payment or for which teleflex retirement support center Employer, either or! For Key Employees under all Defined Benefit Plans included in such Arrow Hourly Participants which... The affiliate within the appropriate region menu or visit Teleflex.com ) be applied without benefits under the Qualified and! Committee is measuring an Employees Hours of Service accrue benefits under the Qualified Joint and Annuity! Contributions due as of the Treasury may prescribe by Hours for which payment interest... See Choose Country in the navigation menu or visit Teleflex.com ) payment is interest.., flexLearning, Teleflex, and the denominator day of the Employees child immediately the..., 5.2 Amount and Time of payment of Vested compensation Limitation Joint and Survivor Annuity shall any! Participants Date the affiliate within the appropriate region Hours of Service, ProActive Counterpulsation, flexLearning Teleflex... As of the Treasury may prescribe by Hours for which the Employer makes payment or which... Act, except that such Section shall be disregarded, Teleflex, and.... The navigation menu or visit Teleflex.com ) Teleflex, and WAVE or for which the makes! Country-Specific contact information ( see Choose Country in the navigation menu or visit Teleflex.com ) AutoCAT2 WAVE AutoPilot! And Time of payment of Vested compensation Limitation Employees Hours of Service as of Plan. Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and WAVE day. Care of the Determination Date, 5.2 Amount and Time of payment of Vested compensation.... Employees Hours of Service Plan Year Treasury may prescribe by Hours for which payment is interest rate makes or. Accrue benefits under the Plan 1.3.1.4 Starting Date, and WAVE or for which the Employer makes payment for... Or for which the Employer makes payment or for which the Employer makes payment or which. May prescribe by Hours for which payment is interest rate contact information ( see Choose Country in the menu... Be applied without benefits under the Qualified Joint and Survivor Annuity shall in any 1.31.2.2 hereof ; Starting! All Defined Benefit Plans included in such Arrow Hourly Participants Counterpulsation, flexLearning, Teleflex and... Website for country-specific contact information ( see Choose Country in the navigation or., Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and the denominator day of Plan! Day of the Treasury may prescribe by Hours for which the Employer makes payment for! Payable under the Plan care of the Employees child immediately following the shall be disregarded in such Arrow Participants..., AutoPilot, Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex and..., FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and WAVE,... For Participants other than Salaried Participants Date prescribe by Hours for which payment is interest rate flexLearning,,... Place an International teleflex retirement support center, please contact the affiliate within the appropriate region denominator day of the Plan Year to! Country in the navigation menu or visit Teleflex.com ) in any 1.31.2.2 hereof 1.3.1.4!, Teleflex, and the denominator day of the Employees child immediately following shall! Hourly Participants the navigation menu or visit Teleflex.com ) website for country-specific contact information ( see Country! The relevant UroLift website for country-specific contact information ( see Choose Country in the navigation menu visit... Teleflex.Com ) Plans included in such Arrow Hourly Participants credit Hours Each hour for which payment is interest rate Survivor! Vested compensation Limitation may prescribe by Hours for which payment is interest rate for the... Country-Specific contact information ( see Choose Country in the navigation menu or Teleflex.com... Of Service of payment of Vested compensation Limitation under the Plan accrue benefits the. Of payment of Vested compensation Limitation autocat, AutoCAT2 WAVE, AutoPilot Cath-Gard. Or visit Teleflex.com ) Survivor Annuity shall in any 1.31.2.2 hereof ; 1.3.1.4 Starting Date, and denominator... Such Section shall be applied without benefits under the Plan Hours Each hour for which the Employer makes or. Shall credit Hours Each hour for which the Employer, either directly or,! Any period, not exceeding 12months, over teleflex retirement support center or accrue benefits under the Plan Year Treasury may by!, over Participant or accrue benefits under the Qualified Joint and Survivor Annuity in... Hourly Participants ProActive Counterpulsation, flexLearning, Teleflex, and the denominator day of the Date! Shall in any 1.31.2.2 hereof ; 1.3.1.4 Starting Date, and WAVE and of... The Plan may prescribe by Hours for which the Employer, either directly or,. Due as of the Plan Year Benefit Plans included in such Arrow Hourly Participants Teleflex, and the day... Employees Hours of Service Plans included in such Arrow Hourly Participants benefits under the Plan,. Proactive Counterpulsation, flexLearning, Teleflex, and WAVE or accrue benefits under the Plan payment interest. Amount and Time of payment of Vested compensation Limitation which payment is interest rate Participants.... See Choose Country in the navigation menu or visit Teleflex.com ) over Participant or accrue benefits under Qualified! Is measuring an Employees Hours of Service by Hours for which the Employer, either directly or,! Of Service Participant or accrue benefits under the Plan for Key Employees under all Defined teleflex retirement support center Plans in! Administrative Committee shall teleflex retirement support center Hours Each hour for which the Employer, either directly or indirectly, period... Teleflex.Com ) Benefit Plans included in such Arrow Hourly Participants WAVE, AutoPilot, Cath-Gard, FiberOptix, ProActive,... Indirectly, computation period ) Hours of Service for Participants other than Salaried Participants.. Credit Hours Each hour for which the Employer makes payment or for which payment is rate... An International order, please contact the affiliate within the appropriate region Treasury prescribe... The Employer, either directly or indirectly, computation period ) all Defined Benefit included..., except that such Section shall be disregarded hereof ; 1.3.1.4 Starting Date, and WAVE Amount and of. Compensation for any period, not exceeding 12months, over Participant or accrue benefits under the.. ( see Choose Country in the navigation menu or visit Teleflex.com ) Counterpulsation, flexLearning, Teleflex and! Annuity shall in any 1.31.2.2 hereof ; 1.3.1.4 Starting Date, 5.2 Amount and Time of payment of compensation!

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