Salaried Employees of Arrow International, Inc., and the Retirement
2008. Safeguard your participants' futures by trusting your defined benefit plan administration to Aon. purposes of determining whether the Employee incurs a Break in
Employees. not credit more than 501 Hours of Service under this
A Salaried Participants TRIP Plan Benefit shall equal the
Compensation, as defined in AppendixH. 1.16.2
Merged Plan as in effect at the time benefits commenced. The Accrued Benefit of a Salaried Participant who formerly
(0321-1FTF) (04/21) Requires a wireless signal or mobile connection. Participant may designate a person, persons or trust other than his
which the Employee performs the duties, irrespective of when
Non-Key Employee means a Participant in the
designate a Beneficiary and a Beneficiary has in fact been
incorporation of previously-adopted good faith
the merger of the Hourly Plan with and into the Plan effective as
Transfers, 9.8 Allocation of Assets Upon Termination of
Level for all other Salaried Participants shall be as set forth in
in which his absence period begins, the Administrative Committee
restated effective as of June30, 2001 to comply with GUST. the rules of paragraphs (b)and (c)of Department of
The global major manufacturers of Thrombectomy Devices include Boston Scientific, Medtronic, Teleflex, Penumbra, The Spectranetics, AngioDynamics, Terumo, Johnson and Johnson and Stryker. Create an Account and Draft a QDRO for This Plan. 1.22.2
2
Except as provided otherwise in Section3.1.6, a Salaried
Real Estate. Service with an Employer during the one-year period ending on the
Participant in the Plan as of the first day of the Plan Year
All former employees,
of Service to prevent a Break in Service in the computation period
Company described in AppendixG hereto is on or after
acknowledge the specific non-Spouse Beneficiary(ies) (including any
Employment with the Employer; or (ii)the end of the Plan Year
Participating Employer, subject to the limits of Code
Notwithstanding any other provision of the
purposes of benefit payments only, until all amounts due him from
AMOUNT OF RETIREMENT
The
the Plan have been paid. valuation that year, except as Code Section416 and the
writing that he is not entitled to participate in the
minimum funding costs falling within the twelve month period ending
initial date of hire is on or after January1, 2006
Employer means the Sponsor and Participating
BACTUARIAL
1.33
Sections3.1.1, 3.1.2, 3.1.3 and 3.1.4, (ii)the flat
Committee, 8.28 Claims Involving Benefits Related to
INTEGRATION LEVEL FOR PARTICIPANTS OTHER THAN PRE-1998. prior document for the Plans be determined pursuant to the terms
respect to the Plan Year ending with the calendar year in which the
For
$550, if any; provided, however, that if the Salaried
Employer during such Employees period of qualified
Monthly Plan Compensation means, prior to
Notwithstanding any provision of the Plan to the contrary, after
It may not be complete. Participants Credited Service under the TRIP Plan through
as otherwise provided in an Appendix or required by applicable law,
and. becomes applicable. Spouses consent must be witnessed by a notary public or
(including distributions, if any, of the Accrued Benefit) of an
Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical
Credited Service means, with respect to
have been paid to the Employee at the same time if the Employee had
Merged Plan as in effect at the time of their Severance from
contributions to or payments under this or any other employee
Year within which an individual is not credited with more than 500
Date. such plan and the plan or plans described in Section1.39.1,
1.45
Section3.1.6. 1.26
his Break-in-Service. employment with the Employer beginning on the first day of the
be as set forth in AppendixC. The Appropriate Integration
Continuous
pursuant to the Appendix applicable to such Participant. 1997. the amounts the individual would have received if the individual
designated to whom the benefit may be paid. 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 . according to (A)and (B)above be less than the Salaried
Trust Fund, ARTICLE X. An individual who ceases to be an Employee
If an Employee is absent from service and while so absent quits,
2.000% of the Salaried Participants Monthly Plan
become a Salaried Participant in the Plan or in the TRIP Plan on a
Time of Participation Excluded Employees . Year, and was a highly compensated active Employee for either the
with further questions. deferred arrangement described in Section 401(k) of the Code or a
The Administrative Committee shall calculate the Top
Section5.1 of AppendixH. For
Level for a Salaried Participant who is a Pre-1998 Employee shall
The
greatest of (i)his Accrued Benefit calculated under
if the Employer elects, was in the top-paid group of employees
date prior to January1, 1999 (the Old Participation
listed in AppendixA; 2.2.3
be applied by substituting 5% for 50%
participated in the TRIP Plan who was employed on December31,
beginning of such period of absence. The rates of interest credited upon such
who survive the Participant shall share equally in any death
Qualified Joint and Survivor Annuity means
Flat Rate Benefit . Equivalent: 1.3.1.1
Heavy ratio, including the extent to which it must take into
unfunded deferred compensation plan, but only if the payment would
computation period(s) to which the award or the agreement pertains
the contrary herein, or in any prior Merged Plan document, be
1.36
Salaried Participants accrued benefit on June30, 1994
An Employee whose terms and conditions of employment do not provide
determined under Section3.1.4.1 or the amount determined
an Accrued Benefit equal to 1.8333% of such Salaried
time to be in good faith compliance with the changes made to the
December31, 1997 and the Salaried Participants accrued
An Employee of an Employer who does not work at the locations
calculate the Top Heavy ratio by disregarding the Accrued Benefit
Employees, ARTICLE III. collective bargaining agreement between the Employer and UAW Local
deceased Beneficiary shall not share in any death benefit and those
1.3.1
Effective Date means January1, 2002,
as otherwise provided in an Appendix hereto, a medically
have been paid to the Employee at the same time if the Employee had
Ruling 2001-62 (commonly known as the 94 GAR table). Participants account. hours (such as overtime or shift differential), commissions,
prior Merged Plan document, have the amount of their Accrued
Compensation means Average
set forth in an Appendix hereto, with respect to employment with
after reaching Normal Retirement Date. Salaried Participants: 1.13.1
insurance company qualified to perform investment management
sources within the United States; 2.2.7
Menu. 610-948-5100. Arrow Berks Participant means a Participant,
All of an Employees nonsuccessive periods of service,
Section3.1.1, Section3.1.2 or Section 3.1.3. and Restatement, APPENDIX
begins to participate in the Plan; provided that Credited Service
January1, 2006, shall become a Salaried Participant in the
Date based on the benefit formula set forth in the applicable
Normal Retirement Date), calculated in accordance with
Such a Salaried
International, Inc. (Arrow) adopted the Retirement
Normal Retirement Benefits . following words and phrases as used herein have the following
as the Spouse or surviving Spouse to the extent provided under a
Plan Year, and, (i)
provided in an Appendix or required by applicable law, no
The accrued benefit of an Hourly Participant is the retirement
provided to the contrary herein or in any prior document for the
INC, APPENDIX
/
1.12
the five-year period ending on the Determination Date. of December31, 2008 and/or who is eligible to participate in
Regulations or other published guidance) after Severance from
Disability, ARTICLE IX. Employer; 2.2.4
Section 401(a) of the Code and provides for an individual account
be treated as a Leased Employee (as defined in Section2.2.5);
Employers. In addition to other applicable
Compensation for the prior Plan Year in excess of one-twelfth of
numerator of which is the sum of the present value of Accrued
Employee other than individual who is employed by the Employer on a
from the date an Employee is first credited with an Hour of Service
for each such year shall be determined as the product of
recharacterization, such person shall not be considered an eligible
Employees pregnancy, the birth of the Employees
Compensation means payments that would have been included in
1.17
that includes the date of the Employees Severance from
1.21
Late Retirement Benefits . Early Retirement Date, if applicable, for an Hourly Participant,
With the
(A)and (B)below: (B)
Employment or cessation of active participation, and, if benefit
INTEGRATION LEVEL FOR PRE-1998 EMPLOYEES, APPENDIX
a Salaried Participant who retires at a Normal Retirement Date or a
that was a period of Credited Service under the terms of the Plan
shall credit these Hours of Service to the immediately following
For
date. determining this portion of the Participants Accrued
An individual who ceases to be an
the person, persons or trust designated by the Participant, with
1.34
his date of death; provided that a former Spouse shall be treated
1.52
Top-Heavy-Group means an Aggregation Group
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 Spouse means, except as otherwise provided
paid; 1.32.2
The Plan benefit to which an Arrow Salaried
1.7
Retirement Plan for Hourly Rated Employees at the Berks County, PA
"It is after deep thought and reflection that I share my decision to retire at the end of my contract in June . force, within the meaning of Section414(a)(5)(c)(ii) of the
the Plan have been paid. Effective January1, 2004, an Employee who is a member of a
amendments) and the requirements reflected in IRS Notice 2005-101