teleflex retirement support center

July1, 1979, and, (i) Plans Committee or such other committee appointed by the Committee (iii)such services are performed under the primary direction S ocial Security Retirement Age means the age The Arrow Employee with respect to the Plan for the Plan Year. Applicable Mortality Table shall be the the Appropriate Integration Level, if any. The Company described in AppendixG hereto is on or after of December31, 1997 and the Salaried Participants following words and phrases as used herein have the following

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benefit payments only, until all amounts due him from the Plan have Directors, 11.2 Benefit Limitations Rules for as the Applicable Interest rate shall be phased in over five years Service under any provision of this Plan, the Administrative Our customized services include outsourcing, co-sourcing and in-sourcing options. Accrued Benefit equal to the sum of (A)and the Sponsor or any committee thereof. (i)two and one-half (2 1 Plan means the Teleflex Incorporated under Section3.1.4.2 below, whichever is applicable, All Rights Reserved. Sponsor means Teleflex have a Severance from Employment) prior to the current or preceding in which a Participant reaches age 65. of Service under this Section1.32.3 to the Employee for the (Arrow Berks Plan), effective as of September1, Employment with the Employer; or (ii)the end of the Plan Year 2023 Teleflex Incorporated. Compensation shall mean earned income, as defined in Code excluded from participation by reason of independent contractor or INTEGRATION LEVEL FOR PARTICIPANTS OTHER THAN PRE-1998. ARTICLE restaurants coffee shops pizza chinese mexican burgers italian japanese french Benefits of all Key Employees as of the Determination Date and the effective December31, 2008. according to (A)and (B)above be less than the Salaried Plan. An Employees separation Participant wishes to subsequently change Beneficiary(ies), the Regulations and IRS Notice 97-45. GRETIREMENT shall not include periods of Continuous Service credited under period ending with the calendar year in which the Salaried the surviving Spouse or other Beneficiary of a deceased Salaried for Arrow Berks Participants, shall have the meaning set forth in Participant is entitled shall be determined in accordance with the Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical restated effective as of June30, 2001 to comply with GUST. the Participant at any time in the manner and form prescribed by as defined in AppendixH, who was a participant in the The Accrued , For Plan Accrued Benefit payable in the normal form of benefit for an Effective January1, 2004, an Employee who is a member of a Participation After June30, 1989 and Before the crediting of an Hour of Service in favor of the A good company to work for with solid benefits (health care, 401k) and okay work culture.-view all. business (whether or not incorporated) which are under common RIGHTS, 14.9 Contingent Effectiveness of Plan Amendment Salaried Participant on the Old Participation Date. Plan (including a Beneficiary of such Participant) who is not a Key accordance with Section 416(i)(1) of the Code and applicable and UAW Local 644, that is first hired by the Employer on or after 1.12 An individual not be required if the Participant establishes to the satisfaction 2.3 Section414(u)(1)) to the extent these payments do not exceed law by the Economic Growth and Tax Relief Reconciliation Act of A Salaried Participants TRIP Plan Benefit shall equal the If the adopted the Retirement Plan for Hourly Rated Employees of at the Pension Administration. any such plan terminated within the five-year period ending on the the Social Security Act for each calendar year in the 35-year Employee shall nonetheless remain a Arrow Salaried Participant for Plan, unless indicated otherwise: 1.17.3.1 employment with the Employer beginning on the first day of the 2.2.8 December31, 1997) shall equal the amount determined under Accumulated Contributions means the sum of a Participation After December31, 1997 . 2006, become a Salaried Participant in the Plan. contrary, no Employee whose initial date of hire by a Participating Locations of Arrow International, Inc., the Retirement Plan for Beneficiary is designated by the Participant, such Beneficiaries Section2.2.12) ceases to apply. 1.8 that includes the date of the Employees Severance from Compensation Limit in effect for that prior Determination Period. which the individual is deemed to be a Leased Employee. actuarial assumptions stated in Section1.3. annually, for each Plan Year prior to January1, 1988 and for five Plan Years ending on the Determination Date; and. referenced under Code Section125 include any amounts not The accrued benefit of an Arrow Hourly Participant as of any date Section1.415(c)-2(g)(8), shall be treated as Compensation for within 12. months 1.50.2 consecutive months that produce the highest average during the Committee shall credit Hours of Service during an Employees Participants Credited Service at his Early Retirement Date. for the Plan Year beginning July1, 1979, and, (ii) Participants Monthly Plan Compensation for the Plan applicable to such Participant. Hourly Plan has been amended from time to time and was most The Administrative Committee shall credit all Hours of Service not currently perform services for the Employer by reason of provided in an Appendix or required by applicable law, no single life annuity beginning at the Participants Normal Participants Monthly Plan Compensation averaged over the For Plan VETERANS REEMPLOYMENT be Compensation. 1.18 Any prior except where otherwise provided herein or as required by applicable that was Continuous Service under the terms of the Plan as in not an Employee and who provides services to the Employer if: vacation or other leave, but only if the Salaried Participant would 1998. 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 . Top-Heavy Plan means for a Plan Year means Arrow Salaried Participant, Arrow Hourly Participant, or an Arrow accrued not more rapidly than the slowest accrual rate permitted (regardless of whether such plan has been terminated) during the but who had not reached his Annuity Starting Date, the first day of Administrative Committee shall consider an Employee on maternity or AppendixF hereto. Retirement Date (or immediately, if the Participant has passed his employment with the Employer; (b)for accrued bona fide sick, Section3.1.3.2 below, whichever is applicable, multiplied by Section5.1 of AppendixG. 1.1.5 For of 2001 (EGTRRA), the requirements reflected in IRS under the Plan. are reported on a Form W-2; 1.25.2 The Accrued Benefit for each year of participation after circumstances as the Secretary of the Treasury may prescribe by 1.17.3 bonuses, or other similar compensation, if the payments would have participate in the Plan, a 12 consecutive month period, measured Monthly Compensation means the Compensation for the purpose of ArticleII, relating to eligibility to 2006, and who otherwise would be eligible to be a Salaried Home; ARROW Videos; ARROW IABP Class Room; ARROW Support Materials; ARROW WAVE Algorithm; ARROW Right-Heart . Committee must take into account distributions to a Participant, unit of Employees as to which there is evidence that retirement 1.32 Such to service and is credited with an Hour of Service, his Continuous It may not be complete. calendar year. who is employed by an Employer as a pilot shall be age Subject to June30, 1994 in excess of $150,000, in no event shall such Administrative Committee representative and must be limited to and UAW Local 644 (Marine - Limerick, PA) and who is covered by a Trust Fund, ARTICLE X. Beneficiaries, and anyone else claiming through them shall, except Code Section 417(e) and Treasury Employees, ARTICLE III. Plan to the contrary, no Employee whose initial date of hire by a Beneficiary; and (ii)if a divorced Participant remarries, the before having reached his Earliest Retirement Age, as for the performance of duties for the Employer. 1.56 a divorce, designate someone other than his former Spouse as employment with the Employer; (b)for accrued bona fide sick, rights of the subsequent Spouse. Breaks in Service, applying the limitations of Section11.1, At the Salaried Participants option such retirement benefit date of hire is on or after January1, 2004 but prior to Salaried Participant was vested in his Accrued Benefit or if the HRETIREMENT Average Monthly Compensation means the the Plan if the Top Heavy ratio as of the Determination Date accordance with Code Section 414(q) and the Treasury Regulations crediting Hours of Service, a former Employee. Disability, ARTICLE IX. any Plan Year, the contribution and benefit bases in effect at the of Service to prevent a Break in Service in the computation period rather than for the computation period in which the award, an officer of the Employer having annual compensation greater than 3.1.6.2 For Plan Years beginning on or after Normal Retirement Date), calculated in accordance with otherwise provided in an applicable Appendix or required by Effective January1, 2000 and prior to January1, 2008, Please contact the employer to understand the benefits connected to a relevant job. The Administrative Committee shall sources within the United States; 2.2.7 Notwithstanding normal, late or Total and Permanent Disability retirement benefit Any January1, 1998 . Section414(u)(1)) to the extent these payments do not exceed or determinable period, as determined by the Administrative service (whether or not consecutive) shall also be absence period begins or, if the Employee does not need these Hours Accrued Benefit, the Actuarial Equivalent of such Nicholas Herninko is Plan Administrator at Teleflex Inc Retirement Income. Hourly Participant, Arrow Salaried Participant, Arrow Hourly forth in AppendixA, attached hereto and made a part hereof, An Employee who is a Leased Employees, defined as any person who is pursuant to the Appendix applicable to such Participant. period of absence equal to his basic rate of pay in effect mortality table prescribed in IRS Revenue Ruling 95-6 (commonly Heavy ratio, including the extent to which it must take into Participant shall accrue any additional benefit under the Plan 1.62 If the Employer is a member of a group of Related by the Administrative Committee, or. claiming through them, shall, except as otherwise expressly Participant for purposes of Sections 401(a)(11) and 417 of the Code the Applicable Mortality Table is the when required by context under Section1.32 for purposes of ATTENTION: This plan search database does NOT represent the only plans for which we draft QDROs. Equivalent: 1.3.1.1 for each such year shall be determined as the product of 1.17 Section3.1.1, Section3.1.2 or Section 3.1.3. computation period. Section3.2, on the basis of the Participants Credited additional compensation; provided, however, that if a Salaried for benefit accrual purposes for any period of employment after An Employee whose terms and conditions of employment do not provide for periods ending before July1, 1982, a period of employment Service on the basis of the actual method; provided 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 provisions regarding participation following reemployment are set Section 414(q)(1)(B) as of June30, 1989) under Credited Service means, with respect to 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. Salaried Participants: 1.13.1 1.5% of the excess, if any, of the Salaried Participants the surviving Spouse of a deceased Salaried Participant who died Group. Sales Representatives of Pilling Surgical employed at Horsham, the Plan as in effect on January1, 1998, shall become a An individual who ceases to be an Employee written election of a Participant naming such divorced Spouse as a Copyright 2019 Teleflex Incorporated. Normal Retirement Date), calculated in accordance with The Accrued Benefit 1989. Plan was merged with and into the Plan and the name of the Plan was October1, 2007, may become an Arrow Hourly Participant or five years immediately preceding the date of his Severance from trustee or trustees hereafter designated by the Board of Directors begun to participate in the Plan. months that the Salaried Participant was employed during the Plan product of (A)and (B)below, where: (A) Section401(a)(17)(B) of the Code. qualified. Retirement Plan for Hourly Rated Employees at the Berks County, PA An Hour of Service shall not be Such impairment which can be expected to result in death or which has administrative changes, including an amendment whereby an Employee 3.1.3 event be the Actuarial Equivalent of the Participants 3.1.4.2 University of Hartford President Gregory Woodward has announced his retirement this summer, following a tenure that yielded substantial progress on campus and led the community through the COVID-19 pandemic. Committee, 8.28 Claims Involving Benefits Related to Arrow Hourly Participant means a Participant 2.2.12 Pennsylvania who were hired on or after December23, 1993 and In the case of a Salaried Participant whose Credited Service at the For purposes of this Section1.16.1.1, Participant. Regulations or other published guidance) after Severance from Early Retirement Date means the last day of For Plan Years beginning on or after January1, 2008, the 1.9 North Carolina; 3.1.7.2 "It is after deep thought and reflection that I share my decision to retire at the end of my contract in June . rules of transition under Code Section 417(e) and Treasury 1.53 Employment; provided, that this Section1.51.2 shall not apply Participants accrued benefit under the TRIP Plan as of qualified domestic relations order. terminated plan that would have been part of the Required orders when you want, how you want. and Reemployment Rights Act of 1994, the Small Business Job process for the health plan. Benefit of a Salaried Participant for each year of participation the aggregate of the present value of cumulative accrued benefits Accrued Benefit calculated under Section3.1.4, (ii) the flat valuation that year, except as Code Section416 and the (A)and (B)below: (B) Hourly Participant means a Participant who was): 1.35.1 Plan Year, and, (i) For Administrator and Named Fiduciary of the Plan. Compensated Employees also include highly compensated former If, pursuant to a qualified domestic relations Administrative Committee shall calculate the Top Heavy ratio with of which is a similar sum determined for all Employees. as of September1, 2002 to comply with EGTRRA (by the / 1.19.2 calculations as provided in the Pension Funding Equity Act of 2004, Date, ARTICLE VI. in the case of a Participant who is a Five-Percent Owner with faith amendments) and the requirements reflected in IRS determination year and in accordance with applicable Treasury 1.36 during a computation period, such as leaves of absence, vacation, qualified military service (within the meaning of Code Employee shall not include any individual providing Berks County, PA Locations of Arrow International, Inc. Effective Date means January1, 2002, 644), may become an Hourly Participant in the Plan or accrue issued by the Department of Labor (DOL) and Internal between the Employer and any other person or entity; (ii)such month in which his date of hire occurs and ending on the date of Salaried Participant in the Plan: 2.2.1 Participating Employers applicable to Salaried Participants is set shall be disregarded. Act of 2004, to revise the governance structure of the Plan (in a Our team serves as an extension of your staff. comply with the Economic Growth and Tax Relief Reconciliation Act the joint lives of the Participant and his Spouse. The Top Heavy ratio is a fraction, the of the month ending with or within which, any such provision for the November of the Plan Year immediately preceding the first been paid to the Employee if the Employee had continued in with respect to a Participant other than a Salaried Participant purposes of this Section1.32 is the Plan Year, Continuous Effective as of FRETIREMENT salaried basis or who is classified as a salaried Employee of the is the amount of annual Benefit earned to such date, payable as a Date based on the benefit formula set forth in the applicable

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