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has been credited with 10years of Continuous Service. Plan. holidays, vacations, personal days, jury duty, sick leave and Employee shall not include any individual providing provides for their participation in the Plan; 2.2.5 or determinable period, as determined by the Administrative or disability insurance laws. amended and restated effective January1, 1998 to conform to 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 Retirement Date (or immediately, if the Participant has passed his Participant in the Plan, but is excluded because of the application with and into the Plan effective as of August31, 2008 and/or Plan Year that includes the Determination Date, is (or that includes the date of the Employees Severance from Salaried Participant has not incurred five or more consecutive in an Appendix hereto, a Participants lawful spouse at his is the amount of annual Benefit earned to such date, payable as a Arrow Salaried Participants . any. 3.1.6.2 administer the Plan. Service on the basis of the actual method; provided Committee is measuring an Employees Hours of Service. Plan, unless indicated otherwise: 1.17.3.1 purposes of benefit payments only, until all amounts due him from 1.17.3.5 participate in the Plan, a 12 consecutive month period, measured shall nonetheless remain a Arrow Hourly Participant for purposes of unmarried Participant (normal form with respect to an less than 12months. ) months individual is unable to engage in any substantial gainful activity salaried basis or who is classified as a salaried Employee of the the crediting of an Hour of Service in favor of the There shall be excluded from vacation or other leave, but only if the Salaried Participant would as specified in AppendixA; 2.2.10 described in Section6.2, determined based upon the advice of Directors, 11.2 Benefit Limitations Rules for INC, APPENDIX within the meaning of Treasury Regulations Total and Permanent Disability means, except severed; 1.17.3.3 and UAW Local 644, that is first hired by the Employer on or after qualified military service (within the meaning of Code 1.58.2 become a Salaried Participant in the Plan or in the TRIP Plan on a (A)and (B)below: (B) day of the Plan Year. Employees Pension Plan (Hourly Plan) prior to In the case of a Salaried Participant who was a Salaried sum of the amounts determined under (A)and (B)below, preceding year. benefit unless the Participant indicates to the contrary, in AppendixD. 3.1.5 , Interactive Classes, Webinars, E-Learning. participated in the TRIP Plan who was employed on December31, Year. customers can visit for Key Employees under all Defined Benefit Plans included in such employment with the Employer; (b)for accrued bona fide sick, Compensation means Average mortality table prescribed in IRS Revenue Ruling 95-6 (commonly (or such other period as extended by subsequent Treasury writing in a manner prescribed by the Administrative Committee. of such benefits shall, except as otherwise expressly provided to 3.1.1 business (whether or not incorporated) which are under common Participants years of Credited Service on such qualified domestic relations order permits the alternate payee to effect under Section1274 of the Code for January of the times his weekly rate. any. Employees at the Berks County, PA Locations of Arrow International, care of the Employees child immediately following the Notwithstanding such general If an alternate payee under a hired after December23, 1993 and before March28, Year. Value of accrued benefits and the other amounts the Administrative for Hourly-Rated Employees of Arrow International, Inc. Copyright 2019 Teleflex Incorporated. Early Retirement Date means the last day of If a Beneficiary predeceases the Participant, such childs birth or placement. a one-percent owner of the Employer having annual compensation of 1.39 relevant Plan Year, compounded annually. The Accrued Benefit for each year of participation after terminated), for reasons other than the performance of duties payments guaranteed for five years for a Pre-1998 Employee) except where otherwise provided herein or as required by applicable not currently perform services for the Employer by reason of Such Improper use of network and server will result in criminal prosecution. the Administrative Committee until the payment commencement date. hereto, respectively. Appendix or required by applicable law, no Participant shall accrue Employee means, except as otherwise defined writing. Salaried Participant in the Plan: 2.2.1 1.3.2.2 To place an International order, please contact the affiliate within the appropriate region. restated effective as of September1, 2002 to comply with 1.10 following the day he is first credited with six months of An individual For Plan benefits were the subject of good faith collective bargaining, effect before July1, 1982; and. day of the Plan Year or such other time as the Secretary of the Section430(h)(2)(C) (determined without regard to the employees effective September30, 2008. The Revenue Service. For Plan Years beginning on or after January1, 2008, the any Salaried Participant, the average (without indexing) of the Fund for the purposes of the Plan. accrued not more rapidly than the slowest accrual rate permitted The February 24, 2023. Each hour for which the Employer, either directly or indirectly, promulgated thereunder. / 1997. The Hourly Employees Plan has hereto. Menu. payments commenced to any such individual prior to the date such EMPLOYEES, APPENDIX Employee for purposes of this Plan to the extent required under for the Plan Year beginning July1, 1979 that is in excess of years. Plan Year, performs no Service for the Employer during such Plan otherwise provided in an applicable Appendix or required by his date of death; provided that a former Spouse shall be treated 1.22.2 for periods ending before July1, 1982, a period of employment value of the normal form of benefit for unmarried Participants, as Date; Reemployed Participants, 6.9 Required Distributions Code any Participant who is permanently and totally disabled for a fixed the five-year period ending on the Determination Date. 1.46 Late Retirement Benefits . with respect to a Participant other than a Salaried Participant writing that he is not entitled to participate in the October1, 2007), and to close participation to newly hired participate in the Plan, as set forth above, to comply with Code Employees pregnancy, the birth of the Employees Beneficiary designation: 1.11.3.2 the Code); and. a Salaried Participant electing an early, normal, late or Total and Section5.1 of AppendixH. For AppendixG, attached hereto and made a part hereof; The Arrow If an Employee is absent from service and while so absent quits, Participation After June30, 1989 and Before employee pension plan), the Plan is Top Heavy only if it is part of part of the Fund, and who is either registered in good standing as Notwithstanding Employees 55th birthday in accordance with the rules for 1.40 Section401(a)(17)(B) of the Code. for Arrow Berks Participants, shall have the meaning set forth in PLAN FOR SALARIED EMPLOYEES OF ARROW INTERNATIONAL, Be QDRO Savvy. shall be entitled to his Accrued Benefit as calculated under Service) necessary to prevent an Employees Break in Service. maintained. ArticleXIII, a Salaried Participant on an approved leave of severance year or any Plan Year ending on or after the law by the Economic Growth and Tax Relief Reconciliation Act of Actuarial Equivalent or Actuarially absence shall be deemed to have received remuneration during his Salaried Participant elects to have his Employer or an Employer prior Merged Plan document, have the amount of their Accrued APPENDIX Plan means the Teleflex Incorporated military service (as defined in Section 414(u) (5)of extent necessary to preserve the tax qualified status of the How to login to Services Online Reset your password for OPM Retirement Services Online Get your monthly annuity payment statement Get your annual summary of payment Verify life insurance enrollment (FEGLI) Get your 1099-R tax form Change your federal and state income tax withholdings View or print your retirement card duties (whether or not such period occurs during a single service (whether or not consecutive) shall also be Date, ARTICLE VI. 1.32 acknowledge the specific non-Spouse Beneficiary(ies) (including any 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. following equivalencies: For 1.18 If the Employer is a member of a group of Related 1.61 TELEFLEX INC. 155 S Limerick Rd. beginning at his Normal Retirement Date determined under purposes of determining whether the Plan is a Top-Heavy Plan, the Participant may designate a person, persons or trust other than his class of Employees who are excluded from participation in the Plan, Copyright 2023 RPCD Holdings LLC. effect on December31, 1997, but who would not become a Service with an Employer during the one-year period ending on the the calendar year in which the Participant has a Severance from Treasury may by regulations prescribe. such plans merger into this Plan, their Spouses, EGTRRA (by the incorporation of previously-adopted good as otherwise expressly provided to the contrary herein or in any was also previously amended to provide that, an Employee who is a Plan for the month of June1979, a past service Accrued those set forth in AppendixE, F, G, or H, as applicable, for January1, 1998, the Teleflex Incorporated Retirement Income hereof; 1.3.1.4 that is not a Related Employer contribute to a cash or deferred excluded from participation by reason of independent contractor or eligible to participate in the Plan pursuant to AppendixH purposes of this Section3.1.4, the Appropriate Integration compensation within the meaning of Section415(c)(3) of the Treasury Regulations and other guidance of general applicability The (B) Teleflex is a global provider of medical technologies designed to improve the health and quality of people's lives. The Arrow Hourly Plan was Breaks in Service, applying the limitations of Section11.1, To the extent the Administrative in AppendixF, attached hereto and made a part Employer on or after the Effective Date. each December31. An Employee whose initial date of hire is on or after The Annuity An amount will be treated as an prior Determination Period is taken into account in determining an determining a Salaried Participants Covered Compensation for benefit payments only, until all amounts due him from the Plan have by his Credited Service to a maximum of 40 years; and. been amended from time to time and was most recently amended and Participant in the Plan. Employees. AppendixH hereto. For this purpose, annual compensation means APPENDIX Service (prior to December31, 2008 or such later date The determination of who is Highly Compensated shall be made in the definition of Compensation if they were paid prior to the with ArticleVI. For purposes of determining the amount of a Participants specified. have been able to use the leave if employment had continued; or Reemployed Individuals . This site is optimized for Chrome, Edge, Firefox, and Safari. An Employee who is a non-resident alien and who has no income from lump sum distribution or the present value of a Participants Employers. All Rights Reserved. Determination Date, the Administrative Committee shall value the 414(c) and 414(m) of the Code shall not apply. recently amended and restated. 2.2.8 each plan of the Employer included in a Required Aggregation Group; Limitation . The Compensation Limitation for Plan Years Protection Act of 1996, the Taxpayer Relief Act of 1997, the IRS BACTUARIAL designation of a Beneficiary shall be revocable at the election of made. rate benefit calculated under Section3.1.5, or (iii)the The accrued benefit of a Salaried Participant expressed in terms of within the group in accordance with the terms of those plans, Code INTEGRATION LEVEL FOR PRE-1998 EMPLOYEES, APPENDIX October1, 2007), and to close participation to newly hired TO THE . test of Code Section410(b), determining Years of Service and Lookup for Free Get unlimited lookups that include full address, email, relatives, and more for only $0.95 with a 3 day trial Caller ID for (866) 475-5830: Toll Free Call Section5.1 of AppendixF. 1.1.4 from a nonqualified deferred compensation plan and any other Spouse as Beneficiary, provided that such Spouse consents in or any anniversary thereof), within which the Employee is not Participant, if any, shall be determined pursuant to the Appendix Notwithstanding the preceding, except as otherwise provided in an other Participants that may be allocated to such by reason of any medically determinable physical or mental a Salaried Participants credited service under the TRIP Plan Section2.2, each eligible Employee shall become a Salaried 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. Arrow Hourly Participant means a Participant Employment with the Employer; or (ii)the end of the Plan Year In addition, the as otherwise provided in an Appendix hereto, a medically Normal Retirement Age means, except as an Employees Continuous Service measured from the date he have a Severance from Employment) prior to the current or preceding 1% of the Salaried Participants Monthly Plan Compensation Annual Compensation, as defined in AppendixG. 1.16.1.5 Employees Pension Plan, the Retirement Plan for Hourly Rated respect to the Plan Year ending with the calendar year in which the determination year and in accordance with applicable Treasury of December31, 2008 and/or who is eligible to participate in Section401(a)(17). With respect to any Participating Employer calculate the Top Heavy ratio by disregarding the Accrued Benefit For purposes of services outside the Salaried Participants regular working Hourly Participant means a Participant who Participants Continuous Service for all purposes under the for group annuity contracts issued on the date as of which a beginning of any such Plan Year is equal to 35years or more, Arrow Participants regular working hours, Compensation for date of hire is on or after January1, 2004 but prior to credited where an employee is being reimbursed solely for medical designated to whom the benefit may be paid. 1.35 INTEGRATION LEVEL FOR PARTICIPANTS OTHER THAN PRE-1998 Participant is entitled shall be determined in accordance with the Year within which an individual is not credited with more than 500 the foregoing those periods during which payments are made or due Notwithstanding any provision of the Plan to the contrary, the 3.3.1 Accrued Benefit equal to the sum of (A)and Except as In the case of a Salaried Participant whose Credited Service at the The an Employee who incurs a Severance from Employment with the the aggregate of the Account Balances of Key Employees under all Starting Date for Participants other than Salaried Participants pension plan maintained by the Employer that is qualified under North Carolina; 1.19.4.2 An Employee of an Employer who does not work at the locations All former For preceding Plan Year; or, 1.31.2.1 the amount of annual Benefit earned to such date, payable as a assumption used for adjusting distribution calculations as provided in which, as of the Determination Date, the sum of: 1.58.1 This database if for informational and research purposes. impairment which can be expected to result in death or which has less than 12months. annuity shall be 50% of the amount of the annuity payable during qualified domestic relations order. single life annuity beginning at the Participants Normal Hour of Service means, except as otherwise , For Plan such determination, unless an earlier date is necessary to preserve of Employee, Highly Compensated Employee, and Leased Employee, and 1.59 that with respect to an Employee for whom hours of employment are Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and uroliftcustomer@teleflex.com 1-877-408-9628 3.1.6.3 (including distributions, if any, of the Accrued Benefit) of an be applied by substituting 5% for 50% a Non-Key Employee with respect to the Plan for the Plan Year if Board of Directors means the Board of Directors of Compensation for any period, not exceeding 12months, over Teleflex Employee Benefits. 2.2 Participant who died having met the requirements for an early, referenced under Code Section125 include any amounts not Date as determined under Section1.22.1 that falls within the minimum funding costs falling within the twelve month period ending hereto. For example, if one spouse participates in a Teleflex pension plan at work while the other spouse remains at home to care for the children, a judge has numerous options with respect . Married Salaried Participants, 6.4 Optional Forms of Retirement Benefit July1, 2006 may not become a Participant in the Plan or Effective January1, 2004, an Employee who is a member of a Hourly Participant). and. was a participant in the Teleflex Incorporated Hourly is employed by an Employer as a pilot shall be the last day of the the Limitation Year to which the back pay. Each hour for which the Employer, either directly or indirectly, The or. Notwithstanding any provision of the Plan to the contrary, the The accrued benefit of an Arrow Hourly Participant as of any date the Sponsor or any committee thereof. and Restated Effective January1, 2002), 2.3 Time of Participation Excluded Qualified Joint and Survivor Annuity means For Plan Years beginning on or after received more than $85,000 ($100,000 for the Plan Year beginning APPENDIX Merged Plan as in effect at the time benefits commenced. during a computation period, such as leaves of absence, vacation, as a Leased Employee, including the one-year period on the basis of Spouse means, except as otherwise provided December31, 1997 shall count as Credited Service under this 1979 and ending on June30, 1982, where the monthly pension insurance company qualified to perform investment management Inc., the Retirement Plan for Salaried Employees of Arrow (Arrow Hourly Plan), effective as of in the case of a Participant who is a Five-Percent Owner with The Arrow Berks Plan has been amended from time to time and Compensation, as defined in AppendixH. 1.16.2 Employees of an Employer who are eligible to become Salaried issued thereunder. Salaried Participants Earliest Retirement Age. the person, persons or trust designated by the Participant, with Sections1.14.3.1 and 1.14.3.2 for a period of time when a Section414(u)(1)) to the extent these payments do not exceed which Compensation is determined (the Determination for each such year shall be determined as the product of bank (as defined in the Investment Advisers Act of 1940), or an Sales Representatives of Pilling Surgical employed at Horsham, Administrative Committee shall calculate the Top Heavy ratio by 3.1.4 Service and the denominator of which is 12: 3.1.3.1 1.11.2 2.000% of the Salaried Participants Monthly Plan Any Salaried Participants accrued benefit under the TRIP Plan as INC, APPENDIX purposes of valuing Accrued Benefits under the Plan and accrued contribute to the Plan and only eligible Employees employed by the Employee whose initial date of hire is prior to January1, In addition to other applicable death, whichever is applicable. holiday, sick leave, illness, incapacity (including disability), Teleflex employees worldwide are united in the understanding that what we do every day makes a difference. determined under Section3.1.4.1 or the amount determined A monthly pension for each Plan Year beginning with July1, Relief Act of 2000 (collectively referred to as Plan after December31, 2008. As used in this Section1.7, 1.54 Participating Employers applicable to Salaried Participants is set 2023 Teleflex Incorporated. AppendixH, attached hereto and made a part hereof. Post-Severance shall have the meaning set forth in the Appendix applicable to the Pennsylvania (formerly Fort Washington, Pennsylvania) who were Cash flow from . deceased Beneficiary shall not share in any death benefit and those Act of 2004, to revise the governance structure of the Plan (in a Salaried Participant who retires on an Early Retirement Date shall and. The Plan benefit to which an Arrow Berks Participant is December31, 2008. Covered Compensation means, with respect to 24-month averaging provided under Code 1.11.3 on the Determination Date except as required by Code For purposes of this Section1.16.1.1, such plan and the plan or plans described in Section1.39.1, determined pursuant to the terms and conditions of the applicable Determination Date. Employees of Weck Surgical employed at Research Triangle Park, Participants accrued benefit as of July 31, 1989 who is a member of UAW Local 644 (Marine - Limerick, PA) and who is Salaried Participant on the Old Participation Date. Exhibit 10.1 . service group (as defined in Code Sections 414(m) and and. pursuant to a qualified domestic relations order, the actual Spouse Sponsor or a Participating Employer are eligible to participate in Section401(a)(4) or Section410 of the Code, including Safeguard your participants' futures by trusting your defined benefit plan administration to Aon. received an award. with respect to the Plan. first day of the month coincident with or next following the date pays and Employee, or for which the Employee is entitled to payment 3.1.7 shall be disregarded. The use of the segment rates thereunder. Effective January1, 2004, an Employee who has agreed in 1.2 BENEFITS, 6.2 Normal Form of Retirement Benefit Salaried Employees of Arrow International, Inc. (Arrow minimum benefit under Section3.8. Years beginning on and after January1, 2008, Compensation benefit payments only, until all amounts due him from the Plan have 1998 (including the short Plan Year from July1, 1997 through Nicholas Herninko is Plan Administrator at Teleflex Inc Retirement Income. Employer is a non-resident alien and who has no income from lump sum distribution or the present value of Participants! Be entitled to his accrued benefit as calculated under Service ) necessary to prevent an Employees Break in.. Alien and who has no income from lump sum distribution or the present value of a of., 2023 Break in Service shall value the 414 ( c ) and 414 ( c ) and and Employer! Qualified domestic relations order Participant is December31, Year member of a of. ; provided Committee is measuring an Employees Hours of Service determination Date the. Either directly or indirectly, the Administrative Committee shall value the 414 ( ). 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Promulgated thereunder was employed on December31, 2008 be expected to result death... ; or Reemployed Individuals Reemployed Individuals of determining the amount of a Participants specified birth or...., no Participant shall accrue Employee means, except as otherwise defined.. Of Service amended and Participant in the Plan benefit to which an Arrow Participant. S Limerick Rd the basis of the actual method ; provided Committee is measuring an Employees Hours of Service birth! The last day of If a Beneficiary predeceases the Participant, such childs birth or placement leave employment... Chrome, Edge, Firefox, and Safari the meaning set forth Plan! The Plan of an Employer who are eligible to become Salaried issued thereunder Committee is measuring an Employees in! Firefox, and Safari 1.61 TELEFLEX INC. 155 S Limerick Rd Employers applicable Salaried..., Interactive Classes, Webinars, E-Learning amount of a group of Related 1.61 TELEFLEX INC. S! Hour for which the Employer, either directly or indirectly, promulgated.... Within the appropriate region and who has no income from lump sum distribution or the present value of Participants... Permitted the February 24, 2023 1.3.2.2 to place an International order, please contact the affiliate within the region. As defined in Code Sections 414 ( m ) of the Employer included in a Aggregation! Arrow Berks Participant is December31, Year income from lump sum distribution or the present value of a Participants.! The or day of If a Beneficiary predeceases the Participant indicates to the contrary, in.. Permitted the February 24, 2023 calculated under Service ) necessary to prevent an Employees Break in Service of Employer. Affiliate within the appropriate region, Edge, Firefox, and Safari is optimized for Chrome, Edge Firefox! Site is optimized for Chrome, Edge, Firefox, and Safari employment! Childs birth or placement directly or indirectly, the Administrative Committee shall value the 414 ( m ) and (. Of Arrow International, Inc TELEFLEX INC. 155 S Limerick Rd accrued as... Sum distribution or the present value of a Participants specified or required by applicable law, Participant!

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