Amount of Contributions. (a) Contributions may vary in amount and frequency; however, they must be at least equal to a minimum annual Contribution of $200 per Participant in any full Contract Year. AUL may change the minimum annual Contribution acceptable under this contract, but any such change shall apply only to individuals who become Participants on or after the date of the change.
Amount of Contributions. (a) Contributions may vary in amount and frequency; however, a minimum Contribution of at least $100,000 must be made for a Participant in order to establish a Participant Account. Any additional Contributions made within the 12-month period beginning on the date the initial Contribution is credited to that Participant Account (hereinafter called
Amount of Contributions. Each Employer shall remit continuing and prompt Employer Contributions to the Trust Fund as required by the applicable collective bargaining agreement, participation agreement, this Agreement and/or other written agreement to which the Employer is a party, applicable law and all rules and requirements for participation by Employers in the Fund as established and interpreted by the Trustees in accordance with their authority. The Employer shall be liable for the entire contribution amount even if the collective bargaining agreement requires the Employees to pay a portion of the contribution amount. The Trustees are authorized to reject any collective bargaining agreement, participation agreement or other agreement and/or terminate the participation of an Employer (and all health and welfare contributions from the Employer) whenever they determine that the agreement is unlawful and/or inconsistent with any rule or requirement for participation by Employers in the Fund and/or that the Employer is engaged in one or more practices or arrangements that threaten to cause economic harm to, and/or impairment of the actuarial soundness of, the Fund (including but not limited to any arrangement in which the Employer is obligated to make health and welfare contributions to the Trust Fund on behalf of some but not all of the Employer's bargaining unit employees, and any arrangement in which the Employer is obligated to make health and welfare contributions to the Trust Fund at different contribution rates for different groups of the Employer's Employees)and/or that continued participation by the Employer is not in the best interest of the Fund. Any such rejection and/or termination by the Trustees of a collective bargaining agreement, participation agreement or other agreement shall be effective as of the date determined by the Trustees (which effective date may be retroactive to the initial date of the term of the rejected agreement) and shall result in the termination of the affected group and all Employees of the Employer in the affected group from further participation in the Fund on and after such effective date. The rejection/termination of one or more of an Employer’s groups that participate in the Fund under this provision shall not affect the continued participation of any other group of the Employer that participates in the Fund. Upon execution of each new or successive collective bargaining agreement, participation agreement and/or other written agreement, i...
Amount of Contributions. The amount of monthly Operator contributions, if required while on leave, shall be the amounts set by the insurance carrier’s contract with METRO.
Amount of Contributions. The amount of monthly employee contributions, if required while on leave, shall be the amounts set by the insurance carrier.
Amount of Contributions. The district shall provide each eligible full-time employee a sum per month as funded by the state toward the funding of a pooled rate for medical, vision, dental and other allowable benefits. The monthly maximum shall be adjusted annually to reflect the FTE contribution funded by the state.
Amount of Contributions. For the purpose of determining the amount of contributions, time off for Annual Vacation, Statutory Holidays, Workers’ Compensation, Sick Leave or any authorized leave of absence is to be considered as time worked.
Amount of Contributions. (1) Upon enrollment pursuant to Section 2.2(1), a Member shall agree pursuant to a Salary Reduction Agreement to have his Employer make Before-Tax Contributions for him to the Trust of a specified percentage of between 1% and 80% of his Compensation in 1% increments through equal percentage pay period reductions with respect to his Base Compensation and through payroll deduction with respect to his Bonus Compensation. Unless otherwise provided pursuant to procedures established by the Administrative Committee for a specified group or groups of Members, the percentage elected by a Member pursuant to this Subsection shall apply to the Member’s Base and Bonus Compensation. If the Administrative Committee establishes procedures that provide for a specified group of Members to make separate Before-Tax Contribution elections with respect their Base Compensation and their Bonus Compensation, the Committee may permit such Members to elect to contribute a whole dollar amount, rather than a specified percentage, with respect to their Bonus Compensation.
Amount of Contributions. Subject to the limitations in Section 6 and Section 9.9(b)(ii)(B), each Participant who qualifies under Sections 4.1 and 4.2 may elect, in a form filed with the Plan Sponsor and acceptable to the Administrator, to have a portion of his or her Compensation contributed to the Plan as Before- Tax Contributions and/or as Xxxx Contributions. Before-Tax Contributions and/or Xxxx Contributions will be stated as a dollar amount or a whole percentage of the Participant’s Compensation, which may not be less than one percent nor more than 100%, and the dollar amount or percentage elected will be withheld from each payment of Compensation to the Participant.
Amount of Contributions. Subject to the limitations of Section 9.9(b)(ii)(B), each Participant who qualifies under subsection (a) may elect to have a portion of his or her Compensation contributed to the Plan as Catch-Up Contributions. Such election may be on a Before-Tax Contributions and Xxxx Contributions election form or a Catch-Up Contributions election form. A Participant who qualifies under subsection (a) will be deemed to have made an election to have a portion of his or her Compensation contributed to the Plan as Catch-Up Contributions to the extent his or her Before-Tax Contributions and/or Xxxx Contributions exceed the limits in Section 6.2(a) (up to the applicable limit specified below). A Participant will retain any Qualified Matching Contributions made on account of his or her Before-Tax Contributions and/or Xxxx Contributions that have been deemed to be Catch-Up Contributions. Catch-Up Contributions may be stated as any dollar amount or a whole percentage of the Participant’s Compensation, provided that Catch-Up Contributions for a Plan Year may not exceed:
