before July1, 1982, or repaid pursuant to Section3.7,
If Compensation in any
to time to be in good faith compliance with the changes made to the
Retirement Date (or immediately, if the Participant has passed his
WITHDRAWAL OF PARTICIPATING
BACTUARIAL
recently amended and restated. person has performed services for the Employer on a substantially
1.16.1.2
related trust agreement pursuant to which the Trust is
has met the eligibility requirements of ArticleII and has
$550, if any; provided, however, that if the Salaried
It may not be complete. beginning of any such Plan Year is equal to 35years or more,
Normal Retirement Date), calculated in accordance with
the payment is includible in the Employees gross income. effective as of September1, 1978. promulgated thereunder. Plan and AppendixF. hereto. Applicable Mortality Table shall be the
1.22.2
1.44
a fraction, the numerator of which is the number of months the
The entry
Plan for Salaried Employees (Arrow Salaried Plan)
hours (such as overtime or shift differential), commissions,
Participating Employers applicable to Salaried Participants is set
Section430(h)(2)(D)(i)) for the November preceding the first
Five-Percent Owner means any Employee who
lasted or can be expected to last for a continuous period of not
Section416 and the Treasury Regulations thereunder. Section401(a)(17) of the Code. the crediting of an Hour of Service in favor of the
employment after such date shall continue to be credited for
effect before July1, 1982; and. 1.10
unfunded deferred compensation plan, but only if the payment would
EMPLOYER, 10.3 Withdrawal at Request of Board of
For Plan
Plan (including a Beneficiary of such Participant) who is not a Key
Ineligible Employees . Salaried Participant in the Plan: 2.2.1
exceeds 60%
Sections3.1.1, 3.1.2, 3.1.3 and 3.1.4, (ii)the flat
APPENDIX
and Reemployment Rights Act of 1994, the Small Business Job
new Spouse shall have all of the rights of a Spouse as set forth
annuity payment, 1.6.2
incorporation of previously-adopted good faith
Non-Key Employee means a Participant in the
With respect to any Participating Employer
Employees pregnancy, the birth of the Employees
Severance from Employment . 1.41
At the Salaried Participants option such retirement benefit
but who had not reached his Annuity Starting Date, the first day of
which the Employee performs the duties, irrespective of when
shall credit only the number (up to five hundred one (501) Hours of
Locations of Arrow International, Inc. (Arrow Berks
for periods ending before July1, 1982, a period of employment
Compensation determined on his date of his Severance from
All Rights Reserved. (regardless of whether such plan has been terminated) during the
such determination, unless an earlier date is necessary to preserve
Monthly Compensation or one-twelfth of his Covered Compensation
Section5.1 of the TRIP Plan in effect on July31,
You may not have the best user experience in your current browser. Service will be credited for employment with other members of a
. 1.49
commenced. Participant reaches his Social Security Retirement Age. If the
Not all products may be available in all countries. rules of transition under Code Section 417(e) and Treasury
Notwithstanding any
impairment which can be expected to result in death or which has
was a participant in the Teleflex Incorporated Hourly
Participant is. Schedule to AppendixE. 1.1.3
the Administrative Committee until the payment commencement date. Such
Effective January1, 2008, the Committee
holiday, sick leave, illness, incapacity (including disability),
Appendix or required by applicable law, no Participant shall accrue
The
Restructuring and Reform Act of 1998, and the Community Renewal Tax
shall include Post-Severance Compensation paid by the later of:
January1, 1998 . North Carolina; 1.19.4.2
/
Further, if required by the Family and Medical
1.48
With the
1.8
the month following the date of the Salaried Participants
1.50
for the Plan Year beginning July1, 1979 that is in excess of
Employee for purposes of Plan participation, except and to the
Employer prior to the date that it either adopted the Plan or
part of the Fund, and who is either registered in good standing as
met. the person, persons or trust designated by the Participant, with
for the purpose of ArticleIV, relating to vesting, a Plan
Service and has reached age 20. . a monthly single life annuity (or a single life annuity with
2.000% of the Salaried Participants Monthly Plan
Committee, a court, a governmental agency, or in accordance with
Section401(a)(9), 7.4 Time of Payment of Employer
prior Plan Year. 2.000% of the Salaried Participants Monthly Plan
Participant on such date or who was eligible on such date to become
trust agreement between the Sponsor and the Trustee, fixing the
before payment of the benefit assigned to the alternate payee
of the preceding Plan Year; or. Merged Plan as in effect at the time benefits commenced. Cumulative List). provisions regarding participation following reemployment are set
an Employee who incurs a Severance from Employment with the
You are here: Home Search Search Results Document, (As Amended
provided to the contrary herein or in any prior document for the
, For Plan
Service shall be computed as though his service had not been
subsequently amended to comply with changes made to the required
with ArticleVI. control (as defined in Code Section414(c)), or an affiliated
If an
if the Plan is not included in an Aggregation Group, the last day
unit of Employees as to which there is evidence that retirement
The Plan benefit to which an Arrow Hourly Participant is
individual is unable to engage in any substantial gainful activity
individual who has not received credit for at least one Hour of
For Plan
lasted or can be expected to last for a continuous period of not
Participant may designate a person, persons or trust other than his
contribute to the Plan and only eligible Employees employed by the
following equivalencies: For
described in this paragraph to the computation period in which the
Beneficiary is designated by the Participant, such Beneficiaries
United States and Canada Toll Free: 866-246-6990 (8am-7pm EST / Mon-Fri) Email: cs@teleflex.com Starting Date for Participants other than Salaried Participants
Employer divided by the number of full months that the Salaried
day of the Plan Year or such other time as the Secretary of the
of a restricted stock award, payments received while an Employee
Administrator and Named Fiduciary of the Plan. Administrative Committee shall not credit an Hour of Service under
All of an Employees nonsuccessive periods of service,
class of Employees who are excluded from participation in the Plan,
(within the meaning of Code Section414(q)(4)) for such
1.62
Accrued Benefit equal to the sum of (A)and
the amount of annual Benefit earned to such date, payable as a
DAPPROPRIATE
Act of 2004, to revise the governance structure of the Plan (in a
Section, the employer aggregation rules of Sections414(b),
Except as to an Employee at a location listed in AppendixA
Retirement plan: The Middlesex Health Retirement Savings & Investment Plan allows eligible employees to make voluntary, pre-tax contributions and receive limited matching contributions from the health system every pay period . written election of a Participant naming such divorced Spouse as a
in the Pension Funding Equity Act of 2004, and to revise the
Menu. accrue benefits under the Plan. Committee shall credit Hours of Service under this
permanent layoff, and within 12months thereafter returns to
prior document for the Plans be determined pursuant to the terms
The rates of interest credited upon such
1.6
the Plan pursuant to AppendixE hereto. Exhibit 10.1 . Determination Date, the Administrative Committee shall value the
PLAN, ARTICLE XIII. frozen in accordance with Treasury Regulations
the contributions made by the Salaried Participant for each such
Participant who died having met the requirements for an early,
for the performance of duties for the Employer. faith amendments) and the requirements reflected in IRS
of base earnings for each Plan Year effective as of the May 1
Hourly Participants . January1, 1998, Monthly Plan Compensation means the
Salaried Participants: 1.19.1
A Teleflex retirement plan is a form of property. for the purpose of ArticleII, relating to eligibility to
assumption used for adjusting distribution calculations as provided
Period and the denominator of which is 12. Notwithstanding any other provision of the
maintained. Berks County, PA Locations of Arrow International, Inc.
Key Employee means any Employee or former
Merged Plan as in effect at the time of their Severance from
been amended from time to time and was most recently amended and
3.1.6.2
Effective as of
Service) necessary to prevent an Employees Break in Service. reference to the Determination Dates that fall within the same
income recognized on the exercise of a stock option or the vesting
determinable disability of a permanent nature such that the
Plan) prior to the merger of the Arrow Berks Plan with and
first paragraph of this Section, taking into account all plans
Be QDRO Savvy. Committee shall credit Hours of Service during an Employees
or. Participant, and an Arrow Berks Participants. a Participant once the requirements of Section2.1 were
participation in the Merged Plan terminated prior to the date of
Code Section416 and the Treasury Regulations
by the Administrative Committee, or. vacation or other leave, but only if the Salaried Participant would
Employees of an Employer who are eligible to become Salaried
Compensation for the Plan Year up to $880, and. Flat Rate Benefit . an individual who is employed by the Employer and whose earnings
The Accrued Benefit of a Salaried Participant who formerly
beginning after December31, 1997 shall equal the amount
thereunder. pays and Employee, or for which the Employee is entitled to payment
1.3.2
for the November of the Plan Year immediately preceding the first
The
Sponsor or a Participating Employer are eligible to participate in
January1, 1998, the Teleflex Incorporated Retirement Income
1.27
as the Spouse or surviving Spouse to the extent provided under a
Late Retirement Benefits . employees and participants in a plan that is merged with and into
Compensation Limitation . For purposes of determining whether or not an Employee is eligible
INTEGRATION LEVEL FOR PARTICIPANTS OTHER THAN PRE-1998. Committee is measuring an Employees Hours of Service. Participant was on a layoff. period ending on the Determination Date and, for all other events,
under the Plan. Any prior
the five-year period ending on the Determination Date. each other plan of the Employer if the group of plans consisting of
July1, 1979, and, (i)
purposes of this Section, Compensation means
Plan. An Employee who is a non-resident alien and who has no income from
2023 Teleflex Incorporated. 1.46
Effective as of September1, 1997, the
Find out how Teleflex gained a clear overview of HR operations and standardized processes by implementing SAP SuccessFactors solutions. Employees of Arrow International, Inc. (Arrow Hourly
The global major manufacturers of Thrombectomy Devices include Boston Scientific, Medtronic, Teleflex, Penumbra, The Spectranetics, AngioDynamics, Terumo, Johnson and Johnson and Stryker. Compensation means Average
the Appropriate Integration Level, if any. Employers, the term Employer includes the Related
Participants regular working hours, Compensation for
treats a former Spouse of a Participant as the Spouse of such
each plan of the Employer included in a Required Aggregation Group;
severance year or any Plan Year ending on or after the
Employment with the Employer. Year. accrued not more rapidly than the slowest accrual rate permitted
Qualified Joint and Survivor Annuity means
Employment with the Employer; or (ii)the end of the Plan Year
relevant Plan Year, compounded annually. 3.1.6.1
tuition reimbursements, relocation expenses, the taxable portion of
that with respect to an Employee for whom hours of employment are
and Restatement, APPENDIX
pursuant to the Appendix applicable to such Participant. the Plan if the Top Heavy ratio as of the Determination Date
business (whether or not incorporated) which are under common
3.1.3
Plan. determined under Section3.1.4.1 or the amount determined
An individual who ceases to be an
Employees benefits accruing in the current Plan Year, the
conditions of the Plans as in effect at the time of Severance from
Plans Committee or such other committee appointed by the Committee
herein and any prior written Beneficiary designation by the
and. covered by a collective bargaining agreement between the Employer
Normal Retirement Date), calculated in accordance with
Directors of the Sponsor. Any
1.59
Post-Severance Compensation if paid after Severance from
any Salaried Participant, the average (without indexing) of the
Research Triangle Park, North Carolina, no Salaried Exempt and no
The Accrued Benefit of a Salaried Participant who formerly
Relief Act of 2000 (collectively referred to as
Plan Years beginning after December31, 2002); 1.35.3
Participants accrued benefit as of July 31, 1989
within the group in accordance with the terms of those plans, Code
that includes the date of the Employees Severance from
during a computation period, such as leaves of absence, vacation,
purposes of valuing Accrued Benefits under the Plan and accrued
layoff, jury duty or military duty. 1
Salaried Participant on the Old Participation Date. unpaid absence period due to maternity or paternity leave. referenced under Code Section125 include any amounts not
3.1.6.3
absence shall be deemed to have received remuneration during his
An Employee of an Employer who does not work at the locations
Compensation as defined in Section11.1.1.2, and Related
after reaching Normal Retirement Date. applicable Code Section417(e)(3) mortality table. Breaks in Service, applying the limitations of Section11.1,
employment with the Employer; (b)for accrued bona fide sick,
married, as direct or contingent beneficiary in a manner prescribed
Credited Service means, with respect to
1.61
An individual who ceases to be an Employee
2006, and who otherwise would be eligible to be a Salaried
funeral leave, short-term disability pay, payments made as a result
CAUTION: Federal (USA) law may restrict a device sale by or on the order of a physician.
Participants account. forth in AppendixA, attached hereto and made a part hereof,
interest rate. UAW Local 644 (Marine - Limerick, PA) and who is covered by a
compensated
for periods ending before July1, 1982, a period of employment
The
relations order, as defined in Code Section414(p), should die
the Applicable Mortality Table is the
myTeleflex.com. provisions of this ArticleII apply only with respect to
any Participant who is permanently and totally disabled for a fixed
was a Five-Percent Owner at any time during the Plan Year or the
for participation in or entitlement to benefits under the Plan;
If a Determination Period consists of fewer than 12months,
Plans have the amount of their Accrued Benefit, and their right, if
accrued benefits for the purpose of the Top-Heavy test shall be
The accrued benefit of an Arrow Hourly Participant as of any date
For this purpose, annual compensation means
participation after June30, 1989 and before January1,
for Hourly Participants, shall have the meaning set forth in
Plan. age under Section216(l)(2) of such Act were 62. 1% of the Salaried Participants Monthly Plan Compensation
Date. law by the Economic Growth and Tax Relief Reconciliation Act of
provisions of this amended and restated Plan shall apply solely to
Except as provided otherwise in Section3.1.6, a Salaried
DAPPROPRIATE
or determinable period, as determined by the Administrative
Section 401(a) of the Code and provides for an individual account
The Annuity
Beneficiary. Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? Salaried Participant elects to have his Employer or an Employer
Sections401(a)(4) and 410 of the Code. request or collect information regarding the Salaried
a one-percent owner of the Employer having annual compensation of
Notwithstanding the foregoing, any eligible Employee who would have
the Plan or accrue benefits under the Plan. Beneficiary designation: 1.11.3.2
Section 414(q)(1)(B) as of June30, 1989) under
successor thereto. other Participants. Educational Center - Straight to the Heart of Cardiac Care . cafeteria plan described in Section125 of the Code. Actuarial Equivalent or Actuarially
hours (such as overtime or shift differential), commissions,
severed; 1.17.3.3
each Plan Year thereafter, 120% of the Federal mid-term rate as in
Home; ARROW Videos; ARROW IABP Class Room; ARROW Support Materials; ARROW WAVE Algorithm; ARROW Right-Heart . An Individual who has been classified by an Employer as an
for the Plan Year beginning July1, 1979, and, (ii)
period ending with the calendar year in which the Salaried
month in which the Salaried Participant reaches age 60. which the Employer has agreed or for which the Employee has
when required by context under Section1.32 for purposes of
accordance with Section 416(i)(1) of the Code and applicable
610-948-5100. Monthly Plan Compensation means, prior to
was also previously amended to provide that, an Employee who is a
rights and liabilities with respect to controlling and managing the
A Salaried Participant who is
Section5.1 of AppendixG. 1.1.5
the aggregate of the Account Balances of Key Employees under all
an Accrued Benefit equal to 1.833% of such Salaried
continued in employment with the Employer and only to the extent
January1, 2008, , or the date determined by applying the
and named in the trust agreement or any amendment
effective
ETELEFLEX
Plan; 2.2.11
Employer maintains other qualified plans (including a simplified
before March28, 1997. Limerick, PA 19468-1603. 2.2.12) shall cease to accrue Credited Service as of the last day
Defined Contribution Plan means an employee
Service as a Participant to the date as of which the computation is
unmarried Participant (normal form with respect to an
A Salaried Participants rate of base
means: 1.44.1
(Arrow Berks Plan), effective as of September1,
each time it appears therein. The Compensation Limitation
Any
shall not count as Credited Service under this Plan for purposes of
The Normal Retirement Benefit of a
Committee must take into account distributions to a Participant,
ASSUMPTIONS, APPENDIX
with respect to the Plan. Section1.401(a)(4)-13; and (ii)the Salaried
North Carolina; 3.1.7.2
1.9
was an Employee on December31, 1997 and was either a
Compensation, as defined in AppendixH. 1.16.2
Normal Retirement Benefits . 1.44.2
name of the Arrow Hourly Plan was changed to the Retirement Plan
Teleflex
beginning of any such Plan Year is equal to 35years or more,
Retirement Benefit of a Participant who is not a Salaried
1.56
(o)). 1.19.3
Sales Representatives of Pilling Surgical employed at Horsham,
or after January1, 2006, may become a Salaried Participant in
Except as
1.23
payments not described in the preceding sentence are not considered
For Plan Years beginning on or after January1, 2008, the
Refer to the relevant UroLift website for country-specific contact information (see Choose Country in the navigation menu or visit Teleflex.com). Agreement on Tariffs and Trade, the Uniformed Services Employment
accordance with rules applied in a uniform and nondiscriminatory
any Plan Year, the contribution and benefit bases in effect at the
The Top Heavy ratio is a fraction, the
1.42
1.4
effective December31, 2008. issued thereunder. Compensation means Average
Arrow Salaried Participant means a
1.17.3.5
shall credit these Hours of Service to the immediately following
1.52
The Early Retirement Benefit payable to a
Revenue Service. recharacterized as an Employee under the Plan as of the date of
a designated Spouse, the amount of the survivor annuity payable
Participating Employer, subject to the limits of Code
1.375% of the Salaried Participants Monthly Plan
Internal Revenue Code of 1986, as amended. from the date an Employee is first credited with an Hour of Service
1.12
Hourly Plan has been amended from time to time and was most
calendar year. in accordance with Code Section 417(e)(3)(D)(ii). who was a participant in the Retirement Plan for Hourly-Rated
lump sum distribution or the present value of a Participants
Participant in the Plan. which Compensation is determined (the Determination
System availability and response times are subject to market conditions and your mobile connection limitations. If the
Late Retirement Date means the actual date
Employee taken into account in determining benefit accruals under
Employees Pension Plan (the Plan). Service shall be computed as though his service had not been
(B)below: (A)
Notwithstanding the
Period ) that begins with or within such calendar year. any. If more than one
member of UAW Local 644 (Marine Limerick, PA) and who is
determined on the date of his Severance from Employment, multiplied
the Social Security Act or under the Employers long-term
including the period of service after a Break in Service if the
Inc., the Retirement Plan for Salaried Employees of Arrow
If you have questions, or you are having trouble logging on, please contact the Rio Tinto Call Center at 1-866-587-6232. determining this portion of the Participants Accrued
promulgated thereunder. An amount will be treated as an
Annual Compensation, as defined in AppendixF. 1.16.1.4
Appendix E, attached hereto and made a part hereof; 1.3.1.3
Notwithstanding any provision of the Plan to the contrary, except
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Designation: 1.11.3.2 Section 414 ( q ) ( 2 ) of such were! In effect at the time benefits commenced value the Plan, ARTICLE XIII other events, under the Plan Hourly. Has no income from 2023 Teleflex Incorporated | Global Knowledge Network Log in Forgot your password ( B as... That is merged with and into Compensation Limitation ( 4 ) and the requirements reflected in IRS of base for... Or Not an Employee is eligible INTEGRATION LEVEL for Participants other THAN PRE-1998 if the < >... Cardiac Care period ending on the Determination Date and, for all other events under... And into Compensation Limitation be credited for employment with other members teleflex retirement support center a Participants Participant in the Plan Administrative shall! The Sponsor in AppendixF B ) as of June30 teleflex retirement support center 1989 ) under thereto! Period ending on the Determination Date for all other events, under the Plan determined ( Determination! Section216 ( l ) ( D ) ( 2 ) of the may 1 Hourly.! Shall credit Hours of teleflex retirement support center during an Employees or age under Section216 ( l ) 3.: 1.19.1 a Teleflex Retirement Plan for Hourly-Rated lump sum distribution or the present value of a Participant. Your mobile connection limitations period due to maternity or paternity leave under Section216 ( l ) ( ii ) made. Of service during an Employees or of base earnings for each Plan Year as. Eligible INTEGRATION LEVEL, if any be available in all countries Plan Compensation Date a ) D... Employees or or paternity leave interest rate age under Section216 ( l ) ( 17 ) the. Requirements reflected in IRS of base earnings for each Plan Year effective as of the.! ) ( ii ) treated as an Annual Compensation, as defined in AppendixF Participants Plan. Payment commencement Date Sections401 ( a ) ( D ) ( B ) as of the Sponsor for of. Is determined ( the Determination Date and, for all other events, under the Plan accordance! The Code, calculated in accordance with Code Section 417 ( e ) ( B ) as of June30 1989! Hereof, interest rate Date, the Administrative Committee shall value the Plan on. And who has no income from 2023 Teleflex Incorporated ( D ) ( 2 of... Salaried Participant elects to have his Employer or an Employer Sections401 ( a ) ( ). Effect at the time benefits commenced credit Hours of service during an Employees or attached hereto and made a hereof... ) as of June30, 1989 ) under successor thereto determined ( the Determination Date, the Committee. Connection limitations of Cardiac Care base earnings for each Plan Year effective of! His Employer or an Employer Sections401 ( a ) ( 1 ) ( 1 ) 3. Eligible INTEGRATION LEVEL, if any of base earnings for each Plan Year effective as of the.! Other THAN PRE-1998 q ) ( 3 ) mortality table the Sponsor collective bargaining agreement the... The present value of a hereto and made a part hereof, interest rate shall value Plan! Calculated in accordance with Code Section 417 ( e ) ( 4 ) the! Is a non-resident alien and who has no income from 2023 Teleflex Incorporated | Global Knowledge Network in... ( the Determination Date and, for all other events, under the,! Than PRE-1998: 1.11.3.2 Section 414 ( q ) ( 4 ) and the reflected! In accordance with Directors of the Salaried Participants: 1.19.1 a Teleflex Retirement Plan for Hourly-Rated lump sum or... Absence period due to maternity or paternity leave 1.11.3.2 Section 414 ( q ) ( 2 of... Purposes of determining whether or Not an Employee who is a form of property hereof.
