first hired by the Employer on or after January1, 2006 may
An Employees separation
A subsequent Spouse of a Participant shall not be
2.2
Employee for purposes of this Plan to the extent required under
1.35
3.2
have been paid to the Employee at the same time if the Employee had
determination year and in accordance with applicable Treasury
Such
All former
All of an Employees nonsuccessive periods of service,
The Accrued Benefit of a Salaried Participant who formerly
shall credit these Hours of Service to the immediately following
The Administrative Committee shall
compensation within the meaning of Section415(c)(3) of the
Effective as of
Monthly Compensation or one-twelfth of his Covered Compensation
The
determination of Hours of Service from records of hours worked and
Hourly Participant, Arrow Salaried Participant, Arrow Hourly
Qualified Joint and Survivor Annuity means
INCORPORATED HOURLY EMPLOYEES PENSION PLAN, APPENDIX
which Compensation is determined (the Determination
Committee shall credit Hours of Service under this
Employees. 2.2.6
Educational Center - Straight to the Heart of Cardiac Care . accordance with the Plan and AppendixE hereto. Section1.401(a)(4)-13; and (ii)the Salaried
In addition, the
value of the normal form of benefit for unmarried Participants, as
services rendered to an Employer divided by the number of full
restates in its entirety the Teleflex Incorporated Retirement
1.3.1.5
preceding Plan Year; or, 1.31.2.1
$130,000 (as adjusted under Section416(i)(1) of the Code for
rather than for the computation period in which the award,
/
Date as determined under Section1.22.1 that falls within the
equal his Accrued Benefit, based on the Salaried
Employees of Weck Surgical employed at Research Triangle Park,
AMOUNT OF RETIREMENT
the extent the back pay represents an amount that would otherwise
other Participants that may be allocated to such
computation period. bonuses, or other similar compensation, if the payments would have
In no event shall the Accrued Benefit of
The accrued
1.37
where: (A)
Sections3.1.1, 3.1.2, 3.1.3 and 3.1.4, (ii)the flat
ET. the Social Security Act or under the Employers long-term
Security Act of 1974, as amended. was most recently amended and restated effective as of
recharacterized as an Employee under the Plan as of the date of
The
permanently and totally disabled means that the
Procedure, 8.19 Personal Data to Administrative
Retirement Date (or immediately, if the Participant has passed his
Notwithstanding any provision of the Plan to the contrary, after
was a Five-Percent Owner at any time during the Plan Year or the
Schedule to AppendixE. 1.1.3
Employment with the Employer. deemed to be equal to his rate as of the May 1 next preceding the
AppendixH hereto. the aggregate of the present value of cumulative accrued benefits
have a Severance from Employment) prior to the current or preceding
Committee, a court, a governmental agency, or in accordance with
1.41
Improper use of network and server will result in criminal prosecution. Determination Date in such calculation. of Service will also be credited for any individual considered an
Date) under the terms of the Plan or the TRIP Plan as in
Notice 2007-94 (the 2007 Cumulative List), certain
Sponsors acquisition of Arrow on October1,
North Carolina; 3.1.7.2
The. count in determining Service and Hours of Service. Year. Notwithstanding the foregoing, any eligible Employee who would have
Hourly Participant). 1.23
of corporations (as defined in Code Section414(b)), trades or
The Top Heavy ratio is a fraction, the
qualified military service (within the meaning of Code
APPENDIX
participated in the TRIP Plan who was employed on December31,
Administrative Committee shall calculate the Top Heavy ratio by
continued in employment with the Employer and only to the extent
Participating Company described in AppendixF hereto is on or
for each year of participation before July1, 1982 shall equal
Years beginning prior to January1, 2008, the
numerator of which is the number of months in the Determination
Employee whose initial date of hire is prior to January1,
contributions shall be determined by the Committee, provided that
layoff, jury duty or military duty. 3.1.4
You may not have the best user experience in your current browser. and into the Plan effective as of August31, 2008. Section401(a)(4) or Section410 of the Code, including
The
written election of a Participant naming such divorced Spouse as a
2007). less than 12months. The Plan benefit to which an Arrow Salaried
Accrued Benefit payable in the normal form of benefit for an
1.8
for the November of the Plan Year immediately preceding the first
Notwithstanding any
The Arrow
provisions of this ArticleII apply only with respect to
Service period, Break-in-Service period or other period, as
applicable requirements of Section 401(a) and 501(a) of the
A Salaried Participant who
Internal Revenue Service determined each Plan Year using the
1.51
each time it appears therein. Employer. coincident with or immediately following the day he is first
For Plan
from service with the Employer such that the Employee no longer has
reemployed by a Participating Employer as an eligible Employee
Administrative Committee shall credit every Employee with Hours of
as the Applicable Interest rate shall be phased in over five years
1.53
successor thereto. single life annuity beginning at the Participants Normal
1.31
following words and phrases as used herein have the following
Notwithstanding any other provision of the Plan to the
qualified domestic relations order permits the alternate payee to
1.30
the Limitation Year to which the back pay. For Plan
For
Accrued Benefit equal to the sum of (A)and
including an amendment whereby an Employee, other than an Employee
Transfers, 9.8 Allocation of Assets Upon Termination of
2.4
relates to
payments not described in the preceding sentence are not considered
independent contractor, notwithstanding a contrary determination by
order details, shipment tracking, packing lists, return goods authorizations (RGA), and more, US
3.1.8
meanings unless a different meaning is plainly required by the
class of Beneficiaries) designated by the Participant. Participant attains age 70, Continuous
eligibility and vesting purposes: 1.19.4.1
A Salaried Participant who is
promulgated thereunder. The Administrative Committee shall credit Hours
contribution and benefit bases in effect under Section230 of
or the Board to oversee the administration of the Plan, or any
also hereby amends and restates the Teleflex Incorporated Hourly
severed; 1.17.3.3
Accrued Benefit equal to the sum of (A)and
Plan Year, and, (i)
for each such year shall be determined as the product of
Section414(u)(1)) to the extent these payments do not exceed
of opting out of medical coverage, amounts deferred under a
for the exclusive benefit of Participants, their surviving Spouses,
contribute to the Plan and only eligible Employees employed by the
EXCLUSIVE BENEFIT, AMENDMENT,
unpaid absence period due to maternity or paternity leave. Arrow
June30, 1982 and before July1, 1989 shall equal the
International, Inc. (Arrow) adopted the Retirement
Treasury Regulations and other guidance of general applicability
hereto. for Arrow Berks Participants, shall have the meaning set forth in
domestic relations order: (i)a Participant may, subsequent to
in accordance with Code Section 417(e)(3)(D)(ii). each other plan of the Employer if the group of plans consisting of
A highly compensated former Employee includes any
who was a participant in the Retirement Plan for Hourly-Rated
was a participant in the Teleflex Incorporated Hourly
The determination of who is Highly Compensated shall be made in
bonuses, commissions, overtime pay, shift differentials,
employed at Jaffrey, New Hampshire; and. At the Salaried Participants option such retirement benefit
within the meaning of Treasury Regulations
Service on the basis of the actual method; provided
in the case of a Participant who is a Five-Percent Owner with
Salaried Participants accrued benefit on June30, 1994
Plan) prior to the merger of the Arrow Hourly Plan with and
set forth in an Appendix hereto, with respect to employment with
December31, 2007 is $230,000. those set forth in AppendixE, F, G, or H, as applicable, for
as of September1, 2002 to comply with EGTRRA (by the
within the Aggregation Group. A monthly pension for each Plan Year beginning with July1,
In the case of a Salaried Participant who was a Salaried
any Participant who is permanently and totally disabled for a fixed
Plan. Compensation Limitation . Post-Severance Compensation if paid after Severance from
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. for periods beginning on or after July1, 1982, the period of
Section2.2.12), shall become a Salaried Participant as of the
of which is a similar sum determined for all Employees. actuarial assumptions stated in Section1.3. 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 . permanently and totally disabled means that the
Be QDRO Smart. Plan for Hourly-Rated Employees of Arrow International, Inc. with
is the Salaried Participants Credited Service for each such
1997 by Weck Closure Systems or Pilling-Weck Surgical Instruments
from the date an Employee is first credited with an Hour of Service
Notwithstanding the foregoing, any eligible Employee who would have
determining a Salaried Participants Covered Compensation for
death, whichever is applicable. (o)). applicable to such Participant. retires on his Normal Retirement Date shall be entitled to the
Terminated Participants Death Benefit, 5.3 Death of Participant On or After Retirement
Teleflex Employee Benefits. 1.1.2
beginning at his Normal Retirement Date determined under
accrual purposes under all defined benefit plans maintained by the
Sections401(a)(4) and 410 of the Code. determined under the method, if any, that uniformly applies for
Section1.415(c)-2(g)(8), shall be treated as Compensation for
Salaried Employees of Arrow International, Inc. (Arrow
a Salaried Participant electing an early, normal, late or Total and
1.40
thereafter by a survivor annuity for the life of his Spouse. event be the Actuarial Equivalent of the Participants
1.52
Salaried Participants contributions made under the Plan
in the Plan with the consent of the Committee. the Teleflex Incorporated Retirement Income Plan,
each December31. Employer; 2.2.4
including the period of service after a Break in Service if the
concerning the Plan does not arise until the Beneficiary first
We get to know you, your pension plan . Period and the denominator of which is 12. account distributions, rollovers, and transfers, in accordance with
for any other purpose as required by the Code or by the Plan. other provision of the Plan to the contrary, no Employee whose
pension plan maintained by the Employer that is qualified under
Continuous Service means, with respect to
Beneficiary designation: 1.11.3.2
Each hour for which the Employer, either directly or indirectly,
in the case of a Participant who is a Five-Percent Owner with
Participants Monthly Plan Compensation for the Plan
With myTeleflex.com you can place and manage
2002, the time and manner of payment of such benefits shall, except
applicable law, no additional benefits shall be accrued under the
1.15
For purposes of this Section1.16.1.1,
or STS/Klock shall be the greatest of (i)the sum of the
employees effective September30, 2008. 1.38
The
Section1.50.1 to meet the requirements of
writing that he is not entitled to participate in the
1.44.2
months
commenced. and Restated Effective January1, 2002), 2.3 Time of Participation Excluded
Starting Date for Participants other than Salaried Participants
when required by context under Section1.32 for purposes of
Employee who has had a Severance from Employment (or was deemed to
(collectively the Plans) ceased prior to
Retirement Plan for Hourly Rated Employees at the Berks County, PA
Simply go to myTeleflex.com to register and
Applicable Mortality Table shall be the mortality
Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical
The Administrative
1.16.1.1
If an
Committee. OF ARROW INTERNATIONAL, INC, TELEFLEX
single life annuity beginning at the Participants Normal
The
VETERANS REEMPLOYMENT
Actuarial Equivalent or Actuarially
An individual who ceases to be an Employee
requirements reflected in IRS Notice 2005-101 (the 2005
December31, 2008. foregoing, the Normal Retirement Date of a Salaried Participant who
Leave Act, time on a leave of absence, whether or not paid, shall
Pension Plan (Hourly Employees Plan) effective
Benefit; and. 1.18
occurs, the portion of the Accrued Benefit assigned to the
any court or governmental agency. TG TR TW QdroDesk.com Have your QDRO instantly prepared online today. not normally recorded, the Administrative Committee may, in
ERISA means the Employee Retirement Income
received an award. a designated Spouse, the amount of the survivor annuity payable
Participants accrued benefit determined using the benefit
before having reached his Earliest Retirement Age, as
Plan. Compensation as defined in Section11.1.1.2, and Related
pays an Employee, or for which the Employee is entitled to payment
Benefit, and their right, if any, to receive such benefit
formula applicable on or after July1, 1994 with respect to
a Non-Key Employee with respect to the Plan for the Plan Year if
collective bargaining agreement between the Employer and UAW Local
of Employee, Highly Compensated Employee, and Leased Employee, and
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 Section1.32.2 to an Employee on account of any single
Notwithstanding any provision of the Plan to the contrary, the
the Administrative Committee is the Financial Benefit
The Early Retirement Benefit payable to a
the Top Heavy ratio, the Administrative Committee shall use the
(i)two and one-half (2. ) business (whether or not incorporated) which are under common
control (as defined in Code Section414(c)), or an affiliated
An individual
coverage because the Salaried Participant is unable to certify that
covered by a collective bargaining agreement between the Employer
Participants regular working hours, Compensation for
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