Common use of ALLOCATION OF MATCHING CONTRIBUTIONS Clause in Contracts

ALLOCATION OF MATCHING CONTRIBUTIONS. Employer Matching Contributions shall be allocated pursuant to the terms of the Basic Plan Document, notwithstanding the foregoing: (A) [X] retirement (B) [ ] disability (C) [X] death (D) [ ] other, as specified below: (A) [X] as of each pay period for which a contribution was made pursuant to a Salary Reduction Agreement. (B) [ ] semi-monthly. (C) [ ] as of the last day of the month preceding the month in which the contribution was made. (D) [ ] as of the last day of the Plan quarter preceding the quarter in which the contribution was made. (E) [ ] as of the last day of the Plan year.

Appears in 1 contract

Sources: Adoption Agreement (Libbey Inc)

ALLOCATION OF MATCHING CONTRIBUTIONS. Employer Matching Contributions shall be allocated pursuant to the terms of the Basic Plan Document, notwithstanding the foregoing: (Aa) [X] retirement retirement (B) [ ] disability (Cb) [X] death disability (Dc) [X] death (d) [ ] other, as specified below: (Aa) [X[ ] as of each pay period for which a contribution was made pursuant to a Salary Reduction Agreement. (Bb) [ ] semi-monthly. (Cc) [ ] as of the last day of the month preceding the month in which the contribution was made. (Dd) [ ] as of the last day of the Plan quarter preceding the quarter in which the contribution was made. (Ee) [ [X] as of the last day of the Plan year.

Appears in 1 contract

Sources: Adoption Agreement (Kti Inc)