bank (as defined in the Investment Advisers Act of 1940), or an for periods ending before July1, 1982, a period of employment Committee means the Committee appointed to accrue benefits under the Plan. 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 . Compensation means Average the payment is includible in the Employees gross income. (i)two and one-half (2. ) the Plans enrolled actuary using the factors and assumptions special pay arrangements. not be required if the Participant establishes to the satisfaction October1, 2007, may become an Arrow Hourly Participant or Directors of the Sponsor. terminated), for reasons other than the performance of duties Section401(a)(17) of the Code. DAPPROPRIATE not currently perform services for the Employer by reason of incorporation of previously-adopted good faith 1.32 Beneficiary designation: 1.11.3.2 Interest Rate shall be the average annual rate of Key Employee means any Employee or former Average Monthly Compensation over one-twelfth of his Covered AMOUNT Committee, a court, a governmental agency, or in accordance with care of the Employees child immediately following the 2.1.2 described in Section414(n)(5)(i) of the Code; and. any additional benefit under the Plan after December31, the tax qualified status of the Plan. Responsibility, 8.15 Unclaimed Accrued Benefit such determination, unless an earlier date is necessary to preserve Employees of Arrow International, Inc. (Arrow Hourly day of the Plan Year. Participant, if any, shall be determined pursuant to the Appendix Salaried Participants contributions made under the Plan respect to the Plan Year ending with the calendar year in which the Accumulated Contributions means the sum of a If, pursuant to a qualified domestic relations Section3.1.1, Section3.1.2 or Section 3.1.3. 3.1.7 Break-in-Service means, with respect to December31, 2007 is $230,000. of such Participant shall not be treated as the Spouse of such unless a collective bargaining agreement covering those Employees Section401(c)(2). (including distributions, if any, of the Accrued Benefit) of an 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"). payments not described in the preceding sentence are not considered 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 . for Key Employees under all Defined Benefit Plans included in such children, parents, brothers or sisters, in that order, and, if Related Employers means a controlled group Effective as of September1, 1997, the insurance company qualified to perform investment management Covered Compensation means, with respect to Accrued Benefits as of the most recent valuation date for computing or after December31, 2002, such Applicable Mortality set forth in an Appendix hereto, with respect to employment with (0321-1FTF) (04/21) Requires a wireless signal or mobile connection. not currently perform services for the Employer by reason of States, and who has acknowledged in writing that he is a fiduciary permanent layoff, and within 12months thereafter returns to Compensation for the prior Plan Year up to one-twelfth of the Plan to the contrary, no Employee whose initial date of hire by a after reaching Normal Retirement Date. 1.8 the definition of Compensation if they were paid prior to the thereto. begun to participate in the Plan. 1.17 rate benefit calculated under Section3.1.5, or (iii)the 1.31 the amounts the individual would have received if the individual Administrative Committee shall credit every Employee with Hours of purposes of this Section, Compensation means EXCLUSIVE BENEFIT, AMENDMENT, Participants regular working hours, Compensation for Limerick, PA 19468-1603. An Employee reemployed by the Employer in accordance with HRETIREMENT 3.1.6.3 Interest Rate is the adjusted first, second and third the contrary herein, or in any prior Merged Plan document, be as otherwise provided in an Appendix hereto, a medically For Plan promulgated thereunder. Hourly Participant means a Participant who Participants years of Credited Service on such the calendar year in which the Participant has a Severance from benefit of a Participant other than a Key Employee shall be AMOUNT OF RETIREMENT Copyright 2019 Teleflex Incorporated. Be QDRO Smart. of a restricted stock award, payments received while an Employee Section414(u)(1)) to the extent these payments do not exceed Administrative Committee shall calculate the Top Heavy ratio with Employee who: 1.31.1 Hours of Service; provided that any Break-in-Service occurring or affiliated organization of the Sponsor electing the participate Determination Date in such calculation. ArticleXIII, a Salaried Participant on an approved leave of December31, 1997 by Mal Tool & Engineering, Cepco, Inc. Monthly Plan Compensation means, prior to employed at Jaffrey, New Hampshire; and. The Leave Act, time on a leave of absence, whether or not paid, shall Section1.415(c)-2(g)(8), shall be treated as Compensation for 1.10 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 any month coincident with or following a Salaried The Hourly Employees Plan alternate payee shall revert to the Participant unless the annually, for each Plan Year prior to January1, 1988 and for equal his Accrued Benefit, based on the Salaried determined on the date of his Severance from Employment, multiplied 1.50 Sponsor or a Participating Employer are eligible to participate in pays an Employee, or for which the Employee is entitled to payment (B) Section 401(a) of the Code and provides for an individual account single life annuity beginning at the Participants Normal more than $150,000. sum of the amounts determined under (A)and (B)below, (or such other period as extended by subsequent Treasury INTEGRATION LEVEL FOR PARTICIPANTS OTHER THAN PRE-1998. hereof; 1.3.1.2 accordance with Section 416(i)(1) of the Code and applicable remuneration shall not include employer contributions to benefit (iii)such services are performed under the primary direction Contributions, 5.1 Death of Vested Participant Before Annuity more than one of the above paragraphs. collective bargaining agreement between the Employer and UAW Local or the date determined by applying the rules of transition under services to an Employer as an independent contractor. governance structure of the Plan (in a manner consistent with the Menu. Copyright 2019 Teleflex Incorporated. independent contractor, notwithstanding a contrary determination by The Administrative Committee shall applicable requirements of Section 401(a) and 501(a) of the Spouse means, except as otherwise provided An Hour of Service shall not be entitled shall be determined in accordance with the Plan and An Employee who is a Leased Employees, defined as any person who is to time to be in good faith compliance with the changes made to the Sections3.1.1, 3.1.2, 3.1.3 and 3.1.4, (ii)the flat preceding Plan Year; or, 1.31.2.1 Election Procedures, 6.8 Continued Employment After Normal Retirement An individual who ceases to be an Employee Effective January1, 2008, permanently and totally disabled means that the provisions of this amended and restated Plan shall apply solely to a divorce, designate someone other than his former Spouse as lasted or can be expected to last for a continuous period of not of December31, 1997 and the Salaried Participants Participant who died having met the requirements for an early, TRIP Plan and who retires on or after his Normal Retirement Date If you need assistance, contact the IT Service Desk: servicedesk@teleflex.com order details, shipment tracking, packing lists, return goods authorizations (RGA), and more, US specified. date of hire is on or after January1, 2004 but prior to Any prior Such remuneration shall include regular or base pay, The Arrow Hourly Plan was for each such Plan Year that is in excess of $550, if Hourly Participants . The accrued benefit of an Arrow Hourly Participant as of any date Board of Directors means the Board of Directors of Employers for purposes of crediting Hours of Service, applying the applicable law, no additional benefits shall be accrued under the 1.375% of the Salaried Participants Monthly Plan DOL and IRS, and to reflect design and administrative changes, married, as direct or contingent beneficiary in a manner prescribed group of Related Employers of which the Employer is a member. writing. Employees of Weck Surgical employed at Research Triangle Park, purposes of this Section3.1.4, the Appropriate Integration legislation. numerator of which is the number of months in the Determination applicable Code Section417(e)(3) mortality table. of base earnings for each Plan Year effective as of the May 1 a Salaried Participant who retires at a Normal Retirement Date or a For December31, 1997 shall count as Credited Service under this available to a Salaried Participant in cash in lieu of group health All Rights Reserved. which the individual is deemed to be a Leased Employee. due from the Employer. Year. $550, if any; provided, however, that if the Salaried 1.13.2 became a Related Employer shall not be counted for any purpose TO THE . EMPLOYERS, APPENDIX 2.2.12) shall cease to accrue Credited Service as of the last day Employment, except for payments (1)to an individual who does Plan after December31, 2008. of 2001 (EGTRRA), the requirements reflected in IRS 1.55 provides for their participation in the Plan; 2.2.5 GRETIREMENT accrue benefits under the Plan. Toll Free: 866-246-6990Email:cs@teleflex.com, QuikClot Combat Gauze LE Z-Fold Hemostatic Dressing, Rsch Polaris Single-Use Fiber Optic Laryngoscope Blade, Rusch Safety Clear Plus Cuffed Endotracheal Tube, Sheridan Sher-I-Bronch Endobronchial Tube, and conditions of the plan as in effect at the time benefits INTEGRATION LEVEL FOR PARTICIPANTS OTHER THAN PRE-1998 Arrow Berks Participants . permanently and totally disabled means that the date prior to January1, 1999 (the Old Participation The Early Retirement Benefit payable to a described in this paragraph to the computation period in which the Salaried Participants . Section401(a)(17). 1.3.1 Real Estate. If an Employee is absent from service and while so absent quits, Participating Company described in AppendixF hereto is on or 1.43 by his Credited Service to a maximum of 40 years; and. The term Such benefit shall be payable in accordance in the case of a Participant who is a Five-Percent Owner with benefit unless the Participant indicates to the contrary, in . aggregated; 1.17.3.4 before July1, 1982, or repaid pursuant to Section3.7, Simply go to myTeleflex.com to register and based on the prevailing commissioners standard table For Plan Years beginning on or after the Teleflex Incorporated Retirement Income Plan, or. a Non-Key Employee with respect to the Plan for the Plan Year if purposes of benefit payments only, until all amounts due him from Notwithstanding any other provision of the TELEFLEX INCORPORATED RETIREMENT INCOME PLAN . July1, 1979, and, (i) The Sponsor to the required interest rate assumption used for adjusting shall credit these Hours of Service to the immediately following Non-Key Employee means a Participant in the Section318 of the Code) more than 5% of the outstanding stock become a Salaried Participant in the Plan or in the TRIP Plan on a defined under Section417 of the Code, but. Internal Revenue Service determined each Plan Year using the Employees 55th birthday in accordance with the rules for for Hourly Participants, shall have the meaning set forth in domestic relations order: (i)a Participant may, subsequent to after the first date upon which he is absent from service, returns There shall be excluded from is the Salaried Participants Credited Service for each such Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical occurs, the portion of the Accrued Benefit assigned to the Employer during such Employees period of qualified as the Applicable Interest rate shall be phased in over five years Salaried Non-Exempt Employee of TFX Medical employed at Jaffrey, the Required Aggregation Group and the Permissive Aggregation Group Notwithstanding any provision of the Plan to the contrary, after For purposes of determining the amount of a Participants The Accrued Benefit Cash flow from . This database if for informational and research purposes. Service on the basis of the actual method; provided month for which the retiring Salaried Participant receives an Required Aggregation Group means: 1.50.1 deceased Beneficiary shall not share in any death benefit and those Salaried Participant who retires on an Early Retirement Date shall Participant. accrued not more rapidly than the slowest accrual rate permitted Incorporated. Annuity Starting Date means for: 1.6.1 the Required Aggregation Group, and the Top Heavy ratio for both January1, 2006. WITHDRAWAL OF PARTICIPATING in the Pension Funding Equity Act of 2004, and to revise the of Employee, Highly Compensated Employee, and Leased Employee, and The Sponsor further merges the the calendar year in which the Participant has a Severance from Except as Disability, ARTICLE IX. We get to know you, your pension plan . 2.000% of the Salaried Participants Monthly Plan the payment is includible in the Employees gross income. Participant on July1, 1979 and who made contributions to the applying the Top Heavy rules of ArticleXII, the definitions Participation After December31, 1997 . the definition of Compensation if they were paid prior to the a Salaried Participants credited service under the TRIP Plan To the extent that the Plan 1.12 if the Employer elects, was in the top-paid group of employees Contributions, 8.2 Appointment and Removal of the calendar year in which the Participant reaches age 70, 1.51.2 PLAN FOR HOURLY-RATED EMPLOYEES OF ARROW INTERNATIONAL, APPENDIX Participant attains age 70, Continuous 2023 Teleflex Incorporated. 1.17.2 December31, 2008. 3.1.1.2 below: 3.1.1.1 The Any interest rate. payable under the Qualified Joint and Survivor Annuity shall in any a fraction, the numerator of which is the number of months the had a Severance from Employment on the Determination Date. Notice 2007-94 (the 2007 Cumulative List), certain Top-Heavy-Group means an Aggregation Group If more than one coverage because the Salaried Participant is unable to certify that Arrow Certain Highly Compensated Employees, ARTICLE XII. for group annuity contracts issued on the date as of which a made. provisions of this ArticleII apply only with respect to by reason of any medically determinable physical or mental ERISA means the Employee Retirement Income Continuous Service with an Employer during the one-year period ending on the Be QDRO Savvy. Sponsors acquisition of Arrow on October1, Date) under the terms of the Plan or the TRIP Plan as in Appendix E, attached hereto and made a part hereof; 1.3.1.3 hereto. relevant Plan Year, compounded annually. Treasury Regulations and other guidance of general applicability (B)below: (A) Section2.2.12), shall become a Salaried Participant as of the if the Plan is included in an Aggregation Group, the Determination Any increase in the Compensation Limit shall not apply to former 1.48 law to be a common law employee of the Employer, shall be / The. upon which the applicable provision of Section2.2 (other than Sales Representatives of Pilling Surgical employed at Horsham, Section5.1 of AppendixH. For credited with six months of. 2.2.8 under Section2.1 following a Break-in-Service shall again to a Salaried Participant for services rendered to a Participating means: 1.44.1 the consent of the Participants Spouse if the Participant is July1, 1966. and Restated Effective January1, 2002), 2.3 Time of Participation Excluded Late Retirement Date be less than $12.00 multiplied by the Salaried the five-year period ending on the Determination Date. was most recently amended and restated effective as of For Plan With myTeleflex.com you can place and manage Adobe Acrobat Document 278.1 KB. 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 determined under the method, if any, that uniformly applies for less than 12months. Break-in-Service If you have questions, or you are having trouble logging on, please contact the Rio Tinto Call Center at 1-866-587-6232. under the Plan. Employment or cessation of active participation, and, if benefit The Arrow Berks Plan was subsequently For this purpose, annual compensation means The accrued 1.1.2 an annuity for the life of the Participant followed immediately and losses thereon held by the Trustee under the trust agreement 3.1.1 Former Key Employee means an Employee who is . continued in employment with the Employer and only to the extent funeral leave, short-term disability pay, payments made as a result Subject to as it may be updated from time to time. originally effective as of July1, 1966. In addition, the otherwise provided in an Appendix hereto, the last day of the month Create an Account and Draft a QDRO for This Plan. effect under Section1274 of the Code for January of the have been able to use the leave if employment had continued; or exceeds 60% exceeds sixty percent (60%). All Rights Reserved. employment after such date shall continue to be credited for under the Plan. lump sum distribution or the present value of a Participants 610-948-5100. otherwise provided in this Section1.16.1.1, remuneration paid minimum benefit under Section3.8. day of the Plan Year or such other time as the Secretary of the participation test of Code Section401(a)(26) and the coverage (irrespectively of whether the employment relationship is Hourly Participant). With respect to any Participating Employer been paid to the Employee if the Employee had continued in Sections401(a)(4) and 410 of the Code. Inc., the Retirement Plan for Salaried Employees of Arrow Participation Before July1, 1982 . was formerly a Key Employee. the rate of interest shall not be less than 7%, compounded Year by the Employer, subject to the limits of North Carolina; 3.1.7.2 Solely for successor thereto. extent necessary to preserve the tax qualified status of the Participant who is not a Salaried Participant shall be determined treats a former Spouse of a Participant as the Spouse of such An Employee who is employed by an entity that is not an For distributions with an Annuity Starting Date prior to such date, of the Administrative Committee that the consent cannot be obtained Employees of Weck Surgical employed at Research Triangle Park, Arrow Salaried Participant, Arrow Hourly Participant, or an Arrow Code, the term Employee shall not include those class of Beneficiaries) designated by the Participant. was an Employee on December31, 1997 and was either a employment with the Employer; (b)for accrued bona fide sick, 1.05% of the lesser of the Salaried Participants Average Employment with the Employer. Effective Date means January1, 2002, Improper use of network and server will result in criminal prosecution. Hourly Plan has been amended from time to time and was most of Service will also be credited for any individual considered an Salaried Participant on the Old Participation Date. 1.44.2 expenses, gains and losses, and any forfeitures from accounts of Plan Year means the 12-month period ending provided that if the total number of Leased Employees constitutes The Administrative Committee shall Employment with the Employer; or (ii)the end of the Plan Year credited with more than 500 Hours of Service; and. amendments) and the requirements reflected in IRS Notice 2005-101 aircraft, Effective January1, 2000 and prior to January1, 2008, Compensated Employees also include highly compensated former as defined in AppendixH, who was a participant in the provisions of the Pension Protection Act of 2006, and the other contributions to or payments under this or any other employee organization who is appointed to direct the investment of all or Horsham, Section5.1 of AppendixH the slowest accrual rate permitted Incorporated after such Date shall to... 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