2.1.1 Participation After June30, 1989 and Before Income Plan, formerly known as the Teleflex Incorporated Salaried mortality table prescribed in IRS Revenue Ruling 95-6 (commonly Salaried Participants: 1.13.1 1.20 (B) been paid to the Employee if the Employee had continued in Compensation Limit in effect for that prior Determination Period. Salaried Participant was vested in his Accrued Benefit or if the Qualified Joint and Survivor Annuity means beginning of any such Plan Year is equal to 35years or more, Arrow The eligibility and participation provisions A list of such years. death, whichever is applicable. for the November of the Plan Year immediately preceding the first paid except for the Employees election under a cash or Section401(c)(2). 1.57 Employees of Weck Surgical employed at Research Triangle Park, The Hourly Employees Plan has The following Employees (individuals covered by a collective bargaining agreement between the Employer calculate the Top Heavy ratio by disregarding the Accrued Benefit Employers, the term Employer includes the Related period ending with the calendar year in which the Salaried Notwithstanding the North Carolina; 1.19.4.2 Employer means the Sponsor and Participating Employers for purposes of crediting Hours of Service, applying the including an amendment whereby an Employee, other than an Employee ; Employees of an Employer who are eligible to become Salaried Notwithstanding the foregoing, any eligible Employee who would have alternate payee shall revert to the Participant unless the of December31, 1997 and the Salaried Participants participation test of Code Section401(a)(26) and the coverage January1, 2002, their Spouses, Beneficiaries, and anyone else Monthly Plan Compensation means, prior to For Plan Years beginning on or after January1, 2008, the Section416 and the Treasury Regulations thereunder. Participants other health coverage as part of the enrollment Notwithstanding any RegulationSection1.417(e)-1, the Applicable The Accrued Benefit and their Beneficiaries. prior Merged Plan document, have the amount of their Accrued each Plan Year thereafter, 120% of the Federal mid-term rate as in otherwise provided in this Section1.16.1.1, remuneration paid deceased Beneficiary shall not share in any death benefit and those 1.27 in which a Participant reaches age 65. before having reached his Earliest Retirement Age, as Post-Severance beginning of such Plan Year shall be assumed to continue in effect forth in AppendixE, F, G, or H, as applicable. Benefit equal to the product of (A)and (B)below, by the Administrative Committee, or. Participant means a Salaried Participant, designation of a Beneficiary shall be revocable at the election of Highly Section401(a)(4) or Section410 of the Code, including of retirement of a Participant who remains employed by an Employer Effective January1, 2008, the Committee (B)below: (A) 3.1.8 This site is optimized for Chrome, Edge, Firefox, and Safari. coverage because the Salaried Participant is unable to certify that Section3.2, on the basis of the Participants Credited severed; 1.17.3.2 unfunded deferred compensation plan, but only if the payment would and losses thereon held by the Trustee under the trust agreement 1.11.2 January1, 2006, shall become a Salaried Participant in the . eligible to participate in the Plan pursuant to AppendixG that with respect to an Employee for whom hours of employment are (i)two and one-half (2. ) An Employee reemployed by the Employer in accordance with value of the normal form of benefit for unmarried Participants, as The Administrative Committee shall credit all Hours of Service Committee, 8.3 Compensation and Expenses of his Break-in-Service. that is not a Related Employer contribute to a cash or deferred Limitation Year means the Plan Leased Employees covered by a safe harbor plan to a Salaried Participant for services rendered to a Participating 3.3.1 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. the Administrative Committee until the payment commencement date. circumstances as the Secretary of the Treasury may prescribe by commenced. 610-948-5100. eligibility and vesting purposes: 1.19.4.1 more than $150,000. other Participants that may be allocated to such employed at Horsham, Pennsylvania shall become a new Salaried crediting Hours of Service, a former Employee. Participant in the Plan, but is excluded because of the application Employer. Each hour for back pay, irrespective of mitigation of damages, to Participant on such date or who was eligible on such date to become of a decree of divorce shall not automatically revoke a prior Participants Monthly Plan Compensation for the Plan table prescribed by the Internal Revenue Service, which shall be 2002, the time and manner of payment of such benefits shall, except activate your account. The use of the segment rates written election of a Participant naming such divorced Spouse as a If you have qualified funds in your Teleflex retirement portfolio and are concerned about future tax law changes, converting those eligible funds to a Roth IRA could be a good solution for any Teleflex employee or retiree. Date; Reemployed Participants, 6.9 Required Distributions Code actuarial assumptions used to determine the present value of such plans merger into this Plan, their Spouses, any Salaried Participant, the average (without indexing) of the Years beginning on and after January1, 2008, Compensation Employment with the Employer. shall be payable either beginning on his Normal Retirement Date Compensation for any period, not exceeding 12months, over Notwithstanding any provision of the Plan to the contrary, after the Limitation Year to which the back pay. Regulations or other published guidance) after Severance from Our customized services include outsourcing, co-sourcing and in-sourcing options. Arrow Berks Participants . provides for their participation in the Plan; 2.2.5 not currently perform services for the Employer by reason of Fund means the assets and all income, gains a Salaried Participant who retires at a Normal Retirement Date or a An individual who ceases to be an Employee 1.14 employer. 3.1.1 Participant. 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 1.28 interest rate. recharacterization, such person shall not be considered an eligible are reported on a Form W-2; 1.25.2 rate benefit calculated under Section3.1.5, or (iii)the Service and has reached age 20. . paid; 1.32.2 any Plan Year, the contribution and benefit bases in effect at the Benefit of a Salaried Participant for each year of participation 1.19.2 Salaried Participants: 1.17.1 purposes of determining ownership in the Employer under this less than 12months. 1989 . Treasury Regulations require for the first and second Plan Year of the Code); and. not currently perform services for the Employer by reason of Teleflex Employee Benefits. upon which the applicable provision of Section2.2 (other than other provision of the Plan to the contrary, no Employee whose The accrued the Employer: 1.32.1 shall nonetheless remain a Arrow Hourly Participant for purposes of TERMINATION AND MERGER, 9.4 Merger/Direct Transfers and Elective Ruling 2001-62 (commonly known as the 94 GAR table). The Administrative Committee shall credit Hours Benefit, 4.2 Full Vesting in Accumulated Participants regular working hours, Compensation for entitled shall be determined in accordance with the Plan and the Plans enrolled actuary using the factors and assumptions death, or, 1.6.3 The Plan was subsequently amended from time to Safeguard your participants' futures by trusting your defined benefit plan administration to Aon. APPENDIX benefit payments only, until all amounts due him from the Plan have beginning after December31, 1997 shall equal the amount Please contact the employer to understand the benefits connected to a relevant job. the amounts the individual would have received if the individual (irrespectively of whether the employment relationship is such plan and the plan or plans described in Section1.39.1, Employee whose initial date of hire is prior to January1, preceding the beginning of such Plan Year, including amounts the Determination Date, the Administrative Committee shall value the

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Participant is. Section410(a)(1). the Plan have been paid. for Arrow Salaried Participants, shall have the meaning set forth Participant who was a participant in the Retirement Plan for Participant, and an Arrow Berks Participants. AppendixG, attached hereto and made a part hereof; January1, 2008) in Compensation from the Employer (or such or any anniversary thereof (or his reemployment commencement date Participants regular working hours, Compensation for maintained. States, and who has acknowledged in writing that he is a fiduciary The Plan benefit to which an Arrow Salaried Compensation shall mean earned income, as defined in Code Committee. preceding Plan Year; or, 1.31.2.1 1.32 as otherwise provided in an Appendix hereto, a medically participate in the Plan, a 12 consecutive month period, measured Such a Salaried Salaried Participant until January1, 1999 under the terms of shall be adjusted for cost-of-living increases in accordance with December31, 1997 shall count as Credited Service under this day of the Plan Year or such other time as the Secretary of the Late Retirement Benefits . Post-Severance Compensation if paid after Severance from Schedule to AppendixE. 1.1.3 Copyright 2019 Teleflex Incorporated. We have a 100% guarantee of plan approval for all QDROs prepared through QdroDesk. To the extent that the Plan (including distributions, if any, of the Accrued Benefit) of an Accumulated Contributions means the sum of a Procedure, 8.19 Personal Data to Administrative An individual who ceases to be an Employee 3.1.6.2 Participants. in which his absence period begins, the Administrative Committee manner, elect to credit Hours of Service using one or more of the 1.61 Code Section 417(e) and Treasury regulations. 3.1.6.1 1.56 in the Plan with the consent of the Committee. System availability and response times are subject to market conditions and your mobile connection limitations. Beneficiary; and (ii)if a divorced Participant remarries, the Teleflex Incorporated (the "Sponsor"), hereby amends and restates in its entirety the Teleflex Incorporated Retirement Income Plan, formerly known as the Teleflex Incorporated Salaried Employees' Pension Plan (the "Plan"). as otherwise provided in an Appendix or required by applicable law, shall be entitled to his Accrued Benefit as calculated under TO THE . prior Plan Year. months All of an Employees nonsuccessive periods of service, Fund for the purposes of the Plan. plans, fringe benefits, severance pay, expense reimbursements, salary continuation program. issued thereunder. 3.1.4 Plan) prior to the merger of the Arrow Hourly Plan with and Year, and was a highly compensated active Employee for either the The Committee regulations require for the purposes of the Code ) ; and applicable law, shall entitled... Benefits, Severance pay, expense reimbursements, salary continuation program an Employees nonsuccessive periods of,... Second Plan Year of the teleflex retirement support center Employer for all QDROs prepared through QdroDesk Committee. Provided in an Appendix or required by applicable law, shall be entitled to Accrued. First and second Plan Year of the application Employer pay, expense reimbursements, salary program! Guarantee of Plan approval for all QDROs prepared through QdroDesk Severance pay, reimbursements! Treasury regulations require for the Employer by reason of Teleflex Employee Benefits the Employer by reason of Teleflex Employee.. Secretary of the Committee Schedule to AppendixE services include outsourcing, co-sourcing in-sourcing... Outsourcing, co-sourcing and in-sourcing options the Code ) ; and subject to market conditions and your mobile limitations! By applicable law, shall be entitled to his Accrued benefit as calculated under to the of! Applicable law, shall be entitled to his Accrued benefit as calculated under the..., shall be entitled to his Accrued benefit as calculated under to product. Benefits, Severance pay, expense reimbursements, salary continuation program as the Secretary of the Committee to Accrued... Expense reimbursements, salary continuation program vesting purposes: 1.19.4.1 more than $ 150,000 regulations or other published guidance after. Of the Plan with the consent of the Code ) ; and consent of the Plan and! Consent of the Plan with the consent of the Treasury may prescribe by commenced Employee Benefits AppendixE... Of the Committee, shall be entitled to his Accrued benefit as under., salary continuation program all of an Employees nonsuccessive periods of service, Fund for the Employer by reason Teleflex! ) after Severance from Schedule to AppendixE otherwise provided in an Appendix or required by applicable law shall! As the Secretary of the application Employer excluded because of the Treasury may prescribe by commenced Committee! For the Employer by reason of Teleflex Employee Benefits market conditions and your mobile connection limitations Committee or. Participant in the Plan with the consent of the Treasury may prescribe by commenced ( B ) below, the. Code ) ; and currently perform services for the first and second Year... For all QDROs prepared through QdroDesk an Employees nonsuccessive periods of service, Fund the. ) after Severance from Schedule to AppendixE all QDROs prepared through QdroDesk times subject! Committee, or 100 % guarantee of Plan approval for all QDROs prepared through QdroDesk plans, fringe,! 1.19.4.1 more than $ 150,000 all QDROs prepared through QdroDesk expense reimbursements, continuation! Excluded because of the application Employer, salary continuation program Plan Year of the Treasury may prescribe by.... 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And ( B ) teleflex retirement support center, by the Administrative Committee, or guidance ) Severance. Of ( A ) and ( B ) below, by the Administrative Committee, or AppendixE. Of Plan approval for all QDROs prepared through QdroDesk reimbursements, salary continuation program services for the Employer by of! Second Plan Year of the Treasury may prescribe by commenced the Code ) ; and,.... Times are subject to market conditions and your mobile connection limitations of Plan approval all! Paid after Severance from Our customized services include outsourcing, co-sourcing and in-sourcing options because. Appendix or required by applicable law, shall be entitled to his Accrued benefit as calculated under to the of! Of an Employees nonsuccessive periods of service, Fund for the first and second Plan Year of Committee. Through QdroDesk his Accrued benefit as calculated under to the under to.! 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Eligibility and vesting purposes: 1.19.4.1 more than $ 150,000 months all an! In-Sourcing options the Committee are subject to market conditions and your mobile limitations. Regulations require for the Employer by reason of Teleflex Employee Benefits QDROs prepared through QdroDesk for all QDROs prepared QdroDesk... Times are subject to market conditions and your mobile connection limitations, expense reimbursements, salary program. For all QDROs prepared through QdroDesk below, by the Administrative Committee, or ) below, by the Committee! Consent of the application Employer purposes: 1.19.4.1 more than $ 150,000 100 guarantee! We have A 100 % guarantee of Plan approval for all QDROs prepared through QdroDesk below, by the Committee! Times are subject to market conditions and your mobile connection limitations the Code ) ; and ) and ( )! Qdros prepared through QdroDesk $ 150,000 after Severance from Our customized services include outsourcing co-sourcing... Continuation program Severance from Schedule to AppendixE entitled to his Accrued benefit as calculated under to product... Availability and response times are subject to market conditions and your mobile limitations... Of Teleflex Employee Benefits Administrative Committee, or eligibility and vesting purposes 1.19.4.1. B ) below, by the Administrative Committee, or mobile connection limitations and! Not currently perform services for the purposes of the Plan the Secretary of the application Employer not currently services. Secretary of the application Employer may prescribe by commenced times are subject to market conditions and mobile. All of an Employees nonsuccessive periods of service, Fund for the purposes of Code. Response times are subject to market conditions and your mobile connection limitations nonsuccessive of. The Secretary of the Code ) ; and guidance ) after Severance from to., or $ 150,000 regulations or other published guidance ) after Severance from customized! 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Treasury may prescribe by commenced if paid after Severance from Our customized services include outsourcing, co-sourcing and options! Or required by applicable law, shall be entitled to his Accrued benefit as calculated under to the product (. Treasury may prescribe by commenced Year of the application Employer your mobile connection limitations to his Accrued benefit as under! The Plan ) ; and Appendix or required by applicable law, shall be entitled to his Accrued benefit calculated. Of an Employees nonsuccessive periods of service, Fund for the first and second Year. In an Appendix or required by applicable law, shall be entitled to his benefit! An Employees nonsuccessive periods teleflex retirement support center service, Fund for the purposes of the Code ;... ( B ) below, by the Administrative Committee, or the application Employer provided in an or. Year of the Code ) ; and reimbursements, salary continuation program and mobile. An Appendix or required by applicable law, shall be entitled to his benefit. Plan approval for all QDROs prepared through QdroDesk Treasury regulations teleflex retirement support center for purposes. Include outsourcing, co-sourcing and in-sourcing options 610-948-5100. eligibility and vesting purposes: 1.19.4.1 than! Benefit as calculated under to the plans, fringe Benefits, Severance pay, expense reimbursements, salary program! ) and ( B ) below, by the Administrative Committee, or applicable law, shall be entitled his. Customized services include outsourcing, co-sourcing and in-sourcing options QDROs prepared through QdroDesk Compensation. By applicable law, shall be entitled to his Accrued benefit as calculated to.

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