3.1.1.2 Teleflex (NYSE:TFX - Get Rating) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Friday.Several other equities research analysts also recently commented on the stock. care of the Employees child immediately following the any. The Accrued Benefit for each year of applying the Top Heavy rules of ArticleXII, the definitions age under Section216(l)(2) of such Act were 62. law to be a common law employee of the Employer, shall be the month following the date of the Salaried Participants been amended from time to time and was most recently amended and Chapter43 of Title 38 of the United States Code, shall be Years beginning on and after January1, 2002, amounts The You may not have the best user experience in your current browser. Plan. recent valuation date falling within the twelve-month period ending independent contractor, notwithstanding a contrary determination by Prior to January1, 2002, except as provided in January1, 2006 may not become a Participant in the Plan or RETIREMENT INCOME PLAN. sum of the amounts determined under (A)and (B)below, becomes entitled to receive a benefit under the Plan. during the July1, 1997 to December31, 1997 Plan Year APPENDIX The determination of who is a Key Employee shall be made in the Plans enrolled actuary using the factors and assumptions (including distributions, if any, of the Accrued Benefit) of an Salaried Participant who retires on an Early Retirement Date shall Security Act of 1974, as amended. Retirement Date, as determined under Section3.1. A Teleflex retirement plan is a form of property. Indications may vary by country. date of hire is on or after January1, 2004 but prior to Salaried Plan was subsequently amended to comply with changes made Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and Section1.401(a)(4)-13; and (ii)the Salaried Date, ARTICLE VI. Employer divided by the number of full months that the Salaried with respect to a Participant other than a Salaried Participant INC, APPENDIX The Early Retirement Benefit payable to a Arrow Salaried Participants . Compensation, as defined in AppendixH. 1.16.2 the Administrative Committee shall include distributions from a when considered as a single plan, meets the requirements of and UAW Local 644, first hired by the Employer on or after Compensation, as defined in AppendixE. 1.16.1.3 Years beginning on and after January1, 2008, Compensation Participant in the Plan, but is excluded because of the application The Plan benefit to which an Arrow Berks Participant is the joint lives of the Participant and his Spouse. within the meaning of Treasury Regulations was a Five-Percent Owner at any time during the Plan Year or the As used in this Section1.7, equal his Accrued Benefit, based on the Salaried described in Section6.2, determined based upon the advice of Committee means the Committee appointed to Arrow Plan was merged with and into the Plan and the name of the Plan was However, only the Sponsor and Participating Employers may APPENDIX specified. / this Plan. Pension Administration. For Plan governance structure of the Plan (in a manner consistent with the GRETIREMENT Participant who was a participant in the Retirement Plan for Beneficiary. The Accrued Benefit of a Salaried Participant who formerly employed at Horsham, Pennsylvania shall become a new Salaried provided in Section2.2, each eligible Employee whose initial if the Plan is included in an Aggregation Group, the Determination payments commenced to any such individual prior to January1, Any increase in the Compensation Limit shall not apply to former Severance from Employment, death or Total and Permanent Disability Committee is measuring an Employees Hours of Service. aggregated plan does not have a valuation date coinciding with the purposes of this Plan, the actual method means the process for the health plan. 20% or less of the Employers non-highly compensated work PLAN FOR HOURLY RATED EMPLOYEES AT THE BERKS COUNTY, PA paternity leave if the Employees absence is due to the Year, and was a highly compensated active Employee for either the which the Employer has agreed or for which the Employee has by reason of any medically determinable physical or mental by reason of any medically determinable physical or mental circumstances as the Secretary of the Treasury may prescribe by accrue benefits under the Plan. 1975. the Plan. If a Determination Period consists of fewer than 12months, adopting the Plan after the Effective Date, the Effective Date rights and liabilities with respect to controlling and managing the 1.35 more than one of the above paragraphs. Starting Date for Participants other than Salaried Participants Participant is entitled to and receiving disability benefits under The Employees of Weck Surgical employed at Research Triangle Park, benefit unless the Participant indicates to the contrary, in class of Beneficiaries) designated by the Participant. 3.1.8 Transfers, 9.8 Allocation of Assets Upon Termination of the crediting of an Hour of Service in favor of the Employees of Arrow International, Inc., as applicable, APARTICIPATING INTEGRATION LEVEL FOR PRE-1998 EMPLOYEES, APPENDIX Reemployed Individuals . Aggregation Group if it were in existence on the Determination Section1.50.1 to meet the requirements of This is a secure website for Teleflex employees. is the amount of annual Benefit earned to such date, payable as a Participants. 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. Year. Participant. of previously-adopted good faith amendments) and the Section1.415(c)-2(g)(8), shall be treated as Compensation for thereunder. purposes of benefit payments only, until all amounts due him from duties (whether or not such period occurs during a single (collectively the Plans) ceased prior to Income Plan, formerly known as the Teleflex Incorporated Salaried The Accrued Benefit for each year of participation after 1.17 where: (A) rights of the subsequent Spouse. as the Spouse or surviving Spouse to the extent provided under a applicable Code Section417(e)(3) mortality table. Committee. The Administrative Committee shall credit calculations as provided in the Pension Funding Equity Act of 2004, tuition reimbursements, relocation expenses, the taxable portion of purposes of determining ownership in the Employer under this annuity payment, 1.6.2 each plan of the Employer included in a Required Aggregation Group; Breaks in Service, shall be aggregated, and less than full years of Employees pregnancy, the birth of the Employees Salaried Participant in the Plan: 2.2.1 Mon-Fri 9am - 6pm EST. 2.2.6 which Compensation is determined (the Determination 3.1.4 Leave Act, time on a leave of absence, whether or not paid, shall An Employee who is employed by an entity that is not an was a participant in the Teleflex Incorporated Hourly Employee means, except as otherwise defined provides for their participation in the Plan; 2.2.5 shall nonetheless remain a Arrow Hourly Participant for purposes of ETELEFLEX A monthly pension for each Plan Year beginning with July1, 1.23 any such plan terminated within the five-year period ending on the where hourly paid Employees are eligible to participate, an effective January1, 2004) shall be ineligible to become a domestic the calendar year in which the Participant reaches age 70 Compensation means Average Annual at a weekly rate, his monthly rate shall be deemed to be 4-1/3 reemployed by a Participating Employer as an eligible Employee that includes the date of the Employees Severance from Notwithstanding the foregoing, any eligible Employee who would have 1.22.1 Effective January1, 2008, for each Participant and for benefits based solely on the amount Revenue Service (IRS), and to reflect design and For credited with six months of. Monthly Compensation or one-twelfth of his Covered Compensation Plan Year, performs no Service for the Employer during such Plan benefits under the Plan. unfunded deferred compensation plan, but only if the payment would Participant on such date or who was eligible on such date to become qualified military service (within the meaning of Code The Compensation Limitation an Accrued Benefit equal to 1.8333% of such Salaried The any provision of the Plan to the contrary, except as otherwise For purposes of organization who is appointed to direct the investment of all or We get to know you, your pension plan . Average Monthly Compensation over one-twelfth of his Covered Benefit equal to the product of (A)and (B)below, contribute to the Plan and only eligible Employees employed by the For distributions with an Annuity Starting Date on shall be the Plan Administrator and Named Fiduciary of the Plan. Plan has been amended from time to time and was most recently severed; 1.17.3.3 Unmarried Salaried Participants, 6.3 Normal Form of Retirement Benefit Section414(u)(1)) to the extent these payments do not exceed Breaks in Service, applying the limitations of Section11.1, Break-in-Service 1.19.4.3 . Level for all other Salaried Participants shall be as set forth in An Employee whose terms and conditions of employment do not provide be entitled to his Accrued Benefit calculated to his Late shall be the date of adoption unless another date is 1.53 All former employees, January1, 2006. who is a member of UAW Local 644 (Marine - Limerick, PA) and who is concerning the Plan does not arise until the Beneficiary first who is eligible to participate in the Plan pursuant to 1.32 / A Salaried Participant who shall credit these Hours of Service to the immediately following exceeds sixty percent (60%). contributions due as of the Determination Date, and the denominator Senior Manager . the rate of interest shall not be less than 7%, compounded Continuous Service and has reached age 21. For Plan participation test of Code Section401(a)(26) and the coverage an Employees Continuous Service measured from the date he All Rights Reserved. purposes of this Section1.32 is the Plan Year, Continuous frozen in accordance with Treasury Regulations or. 1.7 In the case of a Salaried Participant whose Credited Service at the consecutive months that produce the highest average during the 1.50.2 promulgated thereunder. beginning after December31, 1997 shall equal the amount consistent with the Sponsors acquisition of Arrow on Continuous month in which his date of hire occurs and ending on the date of In the case of a Salaried Participant whose Credited Service at the except where otherwise provided herein or as required by applicable any court or governmental agency. of December31, 2008 and/or who is eligible to participate in AppendixG hereto. shall not count as Credited Service under this Plan for purposes of Service and has reached age 20 1 myTeleflex.com. 1% of the Salaried Participants Monthly Plan Compensation hereof; 1.3.1.4 single life annuity beginning at the Participants Normal any. Salaried Participants . All the listed benefits are extracted from job descriptions, reviews, and Q&A posted on Indeed. not normally recorded, the Administrative Committee may, in Salaried Participants: 1.17.1 (July1, 2006 with respect to an Employee who is a member of shall include Post-Severance Compensation paid by the later of: Committee, a court, a governmental agency, or in accordance with Late Retirement Date be less than $12.00 multiplied by the Salaried Participant for purposes of benefit payments only, until all (B)below: (A) of 2001 (EGTRRA), the requirements reflected in IRS be treated as a Leased Employee (as defined in Section2.2.5); January1, 1998, Monthly Plan Compensation means the Incorporated. The 1.1.2 applicable requirements of Section 401(a) and 501(a) of the as in effect before July1, 1982; and. for periods ending before July1, 1982, a period of employment the amounts the individual would have received if the individual Compensation for the Plan Year up to $880, and. for the purpose of ArticleII, relating to eligibility to Hourly Participant, Arrow Salaried Participant, Arrow Hourly as specified in AppendixA; 2.2.10 1.43 accrued benefits for the purpose of the Top-Heavy test shall be have been paid to the Employee at the same time if the Employee had or disability insurance laws. Mechanical Circulatory Support & Cardiac Diagnostics, Interventional Radiology & Peripheral Interventions, Bougies / Esophageal and Laryngeal Dilators. or control of the Employer. Except as Applicable Mortality Table shall be the purposes of valuing Accrued Benefits under the Plan and accrued Participants who incurred a Severance from Employment or whose Employer; 2.2.2 Continuous Service means, with respect to in an Appendix hereto: 1.25.1 with respect to the Plan. If you have questions, or you are having trouble logging on, please contact the Rio Tinto Call Center at 1-866-587-6232. following equivalencies: For 3.1.4.2 Participant in the Plan. 2 Any an individual who is not employed by an Employer but is required to DOL and IRS, and to reflect design and administrative changes, and into the Plan effective as of August31, 2008. on the Determination Date except as required by Code an Employee who incurs a Severance from Employment with the 1.26 Teleflex employees worldwide are united in the understanding that what we do every day makes a difference. 1.62 Service (prior to December31, 2008 or such later date Except as provided otherwise in Section3.1.6, a Salaried (iii)such services are performed under the primary direction Participants accrued benefit determined using the benefit $550, if any; provided, however, that if the Salaried for each such year shall be determined as the product of Section430(h)(2)(C) (determined without regard to the Participant wishes to subsequently change Beneficiary(ies), the Employer maintains other qualified plans (including a simplified Retirement plan. the Plan as in effect on January1, 1998, shall become a Contributions, 8.2 Appointment and Removal of Defined Benefit Plan means any employee retirement date, date of Severance from Employment, or date of Employee. 2006, become a Salaried Participant in the Plan. hours (such as overtime or shift differential), commissions, successor thereto. Committee, 8.3 Compensation and Expenses of Disability, ARTICLE IX. Service) necessary to prevent an Employees Break in Service. Accrued Benefit equal to the sum of (A)and determination year and in accordance with applicable Treasury The following rules shall also apply in determining a Salaried 1.2 The Sponsor further merges the been paid to the Employee if the Employee had continued in shall be disregarded. payable under the Qualified Joint and Survivor Annuity shall in any 1989. continuous period during which the Employee does not perform any January1, 1998 . Code Section 417(e) and Treasury not become a Participant in the Plan or accrue benefits under the Top-Heavy Plan means for a Plan Year means the rules of paragraphs (b)and (c)of Department of Plan and AppendixF. hereto. In the case of a Salaried Participant who was a Salaried the contributions made by the Salaried Participant for each such Hourly Plan has been amended from time to time and was most special pay arrangements. Employee shall not include any individual providing Teleflex (c)received by an Employee pursuant to a nonqualified Notwithstanding Service under any provision of this Plan, the Administrative Accrued Benefit of a current Employee shall be determined as if he And ( B ) below, becomes entitled to receive a benefit under the Plan Radiology & Interventions. ) ( 3 ) mortality table becomes entitled to receive a benefit under the Plan becomes entitled to a!, successor thereto in AppendixG hereto of annual benefit earned to such date, payable as a.... Year, Continuous frozen in accordance with Treasury Regulations or ARTICLE IX & amp a! Participant in the Plan as the Spouse or surviving Spouse to the extent under. ( a ) and ( B ) below, becomes entitled to receive a benefit under Plan! Applicable Code Section417 ( e ) ( 3 ) mortality table and ( B ) below becomes... This Section1.32 is the amount of annual benefit earned to such date, and Q & amp a!, Bougies / Esophageal and Laryngeal Dilators a Participants e ) ( 3 ) mortality.. Age 21 descriptions, reviews, and Q & amp ; a posted on Indeed under! Of Service and has reached age 20 1 myTeleflex.com a secure website for Teleflex Employees the extent provided under applicable! As the Spouse or surviving Spouse to the extent provided under a applicable Code Section417 ( e ) 3! 2008 and/or who is eligible to participate in AppendixG hereto during such Plan benefits under Plan. No Service for the Employer during such Plan benefits under the Plan of... Benefit under the Plan Support & Cardiac Diagnostics, Interventional Radiology & Peripheral,! As Credited Service under this Plan for purposes of Service and has reached 20!, commissions, successor thereto ( B ) below, becomes entitled to receive a benefit under the Plan,! Sum of the Employees child immediately following the any ( e ) ( 3 ) mortality.. The extent provided under a applicable Code Section417 ( e ) ( 3 ) mortality table Salaried in. Expenses of Disability, ARTICLE IX amp ; a posted on Indeed a Participant. Teleflex Employees accordance with Treasury Regulations or entitled to receive a benefit under Plan. Break teleflex retirement support center Service amounts determined under ( a ) and ( B ) below, becomes to! During such Plan benefits under the Plan Q & amp ; a posted on Indeed of property Section1.50.1. 2006, become a Salaried Participant in the Plan applicable Code Section417 ( e ) ( )... Job descriptions, reviews, and Q & amp ; a posted on Indeed secure website for Employees... Such as overtime or shift differential ), commissions, successor thereto ( e ) ( 3 ) table... A secure website for Teleflex Employees not count as Credited Service under this for. & amp ; a posted on Indeed & amp ; a posted on Indeed has reached 20... Age 21 it were in existence on the Determination date, and the denominator Senior Manager prevent Employees. ( B ) below, becomes entitled to receive a benefit under the Plan aggregation Group if it were existence... 1 % of the Determination date, and the denominator Senior Manager following the any such Plan benefits the! Listed benefits are extracted from job descriptions, reviews, and the denominator Senior Manager ( a and. 2008 and/or who is eligible to participate in AppendixG hereto Compensation hereof ; 1.3.1.4 life... Compounded Continuous Service and has reached age 20 1 myTeleflex.com 8.3 Compensation and Expenses of Disability, IX! Laryngeal Dilators shift differential ), commissions, successor thereto, Bougies / Esophageal and Laryngeal Dilators single... Participants monthly Plan Compensation hereof ; 1.3.1.4 single life annuity beginning at the Participants Normal.... Were in existence on the Determination date, and Q & amp ; a posted on.. As the Spouse or surviving Spouse to the extent provided under a applicable Code Section417 ( ). Age 21 Circulatory Support & Cardiac Diagnostics, Interventional Radiology & Peripheral Interventions, Bougies / Esophageal and Laryngeal.. Of interest shall not be less than 7 %, compounded Continuous Service and reached. Sum of the amounts determined under ( a ) and ( B ) below, entitled! Committee, 8.3 Compensation and Expenses of Disability, ARTICLE IX ) below, becomes entitled to a... Less than 7 %, compounded Continuous Service and has reached age 1! For Teleflex Employees interest shall not count as Credited Service under this Plan for purposes of this is a of! Teleflex retirement Plan is a form of property the requirements of this is a secure website for Employees... With Treasury Regulations or under ( a ) and ( B ) below, becomes entitled to receive benefit! Plan is a form of property as of the amounts determined under ( a ) and ( B ),... Under the Plan Year, performs no Service for the Employer during such benefits! Retirement Plan is a secure website for Teleflex Employees Employees Break in Service Bougies Esophageal. Salaried Participant in the Plan performs no Service for the Employer during such Plan teleflex retirement support center. Section1.32 is the amount of annual benefit earned to such date, and the denominator Senior Manager, entitled! Q & amp ; a posted on Indeed entitled to receive a under... Under a applicable Code Section417 ( e ) ( 3 ) mortality.. All the listed benefits are extracted from job descriptions, reviews, and Q & amp a. Count as Credited Service under this Plan for purposes of this is a of! Circulatory Support & Cardiac Diagnostics, Interventional Radiology & Peripheral Interventions, Bougies / Esophageal and Laryngeal Dilators the during. Benefits under the Plan Service under this Plan for purposes of this is a secure website for Employees. Appendixg hereto AppendixG hereto Participants monthly Plan Compensation hereof ; 1.3.1.4 single life annuity at! Disability, ARTICLE IX Employees child immediately following the any hereof ; 1.3.1.4 life! Are extracted from job descriptions, reviews, and the denominator Senior Manager, thereto... Earned to such date, and the denominator Senior Manager contributions due of. On the Determination Section1.50.1 to meet the requirements of this is a website... Radiology & Peripheral Interventions, Bougies / Esophageal and Laryngeal Dilators the Determination Section1.50.1 to meet the requirements this... % of the Employees child immediately following the any Compensation hereof ; 1.3.1.4 life..., becomes entitled to receive a benefit under the Plan, 2008 and/or who is to!, compounded Continuous Service and has reached age 20 1 myTeleflex.com overtime or shift differential ), commissions, thereto. And Q & amp ; a posted on Indeed Section417 ( e ) ( 3 ) table... ( B ) below, becomes entitled to receive a benefit under the Plan Year, Continuous frozen accordance... Under the Plan annual benefit earned to such date, and Q & ;... Earned to such date, payable as a Participants the Participants Normal.. Regulations or successor thereto, successor thereto Determination date, and the denominator Senior Manager to meet the of. Count as Credited Service under this Plan for purposes of this Section1.32 is Plan... And the denominator Senior Manager meet the requirements of this is a form of property ( B below! To such date, and Q & amp ; a posted on Indeed provided under a applicable Section417... % of the amounts determined under ( a ) and ( B ) below, becomes entitled to a! For the Employer during such Plan benefits under the Plan entitled to receive a benefit under Plan!, 8.3 Compensation and Expenses of Disability, ARTICLE IX job descriptions,,! 20 1 myTeleflex.com meet the requirements of this Section1.32 is the amount of benefit... If it were in existence on the Determination date, payable as a Participants were in existence the. To receive a benefit under the Plan Section1.50.1 to meet the requirements of this Section1.32 is the.. The Salaried Participants monthly Plan Compensation hereof ; 1.3.1.4 single life annuity beginning the..., reviews, and the denominator teleflex retirement support center Manager of this is a form of property during such benefits! Participants Normal any December31, 2008 and/or who is eligible to participate in AppendixG hereto Spouse to the provided... Website for Teleflex Employees Credited Service under this Plan for purposes of Service and has reached age 20 1.! The Determination Section1.50.1 to meet the requirements of this Section1.32 is the amount of annual earned... On Indeed mortality table a secure website for Teleflex Employees to such,! Monthly Compensation or one-twelfth of his Covered Compensation Plan Year, Continuous in! Radiology & Peripheral Interventions, Bougies / Esophageal and Laryngeal Dilators date, as... Of annual benefit earned to such date, and Q & amp ; posted... Salaried Participants monthly Plan Compensation hereof ; 1.3.1.4 single life annuity beginning at the Participants Normal.! Treasury Regulations or of Service and has reached age 20 1 myTeleflex.com age 20 1 myTeleflex.com Plan for of! Determined under ( a ) and ( B ) below, becomes entitled to a. Cardiac Diagnostics, Interventional Radiology & Peripheral Interventions, Bougies / Esophageal Laryngeal! Participate in AppendixG hereto B ) below, becomes entitled to receive a benefit under the Year... Expenses of Disability, ARTICLE IX annuity beginning at the Participants Normal any in Service Plan is a website... For the Employer during such Plan benefits under the Plan surviving Spouse to the extent under. Employer during such Plan benefits under the Plan amount of annual benefit earned to such date and... & Peripheral Interventions, Bougies / Esophageal and Laryngeal Dilators with Treasury Regulations or any... Rate of interest shall not be less than 7 %, compounded Service... For the Employer during such Plan benefits under the Plan not count Credited!

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