Basic Matching Contributions. The Employer shall make Basic Matching Contributions equal to 100% of the first 3% of the Eligible Participant's Plan Compensation contributed as Elective Deferral Contributions and 50% of the next 2% of the Eligible Participant's Plan Compensation contributed as Elective Deferral Contributions and shall be based upon (select one): ¨ (a) each payroll period. ¨ (b) the Plan Year.
Appears in 1 contract
Sources: 401(k) Profit Sharing Plan Adoption Agreement (Colfax CORP)
Basic Matching Contributions. The Employer shall make Basic Matching Contributions equal to 100% of the first 3% of the Eligible Participant's ’s Plan Compensation contributed as Elective Deferral Contributions and 50% of the next 2% of the Eligible Participant's ’s Plan Compensation contributed as Elective Deferral Contributions and shall be based upon (select one): ¨ o (a) each payroll period. ¨ (b) the Plan Year.
Appears in 1 contract
Sources: 401(k) Profit Sharing Plan Adoption Agreement (SXC Health Solutions Corp.)
Basic Matching Contributions. The Employer shall make Basic Matching Contributions equal to 100% of the first 3% of the Eligible Participant's Plan Compensation contributed as Elective Deferral Contributions and 50% of the next 2% of the Eligible Participant's Plan Compensation contributed as Elective Deferral Contributions and shall be based upon (select one): ¨ (a¨(a) each payroll period. ¨ (bperiod ¨(b) the Plan Year.
Appears in 1 contract
Basic Matching Contributions. The Employer shall make Basic Matching Contributions equal to 100% of the first 3% of the Eligible Participant's ’s Plan Compensation contributed as Elective Deferral Contributions and 50% of the next 2% of the Eligible Participant's ’s Plan Compensation contributed as Elective Deferral Contributions and shall be based upon (select one): ¨ (a) each payroll period. ¨ (b) the Plan Year.
Appears in 1 contract
Sources: 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc)