Bonus Contributions Clause Samples

Bonus Contributions. The Employer shall allow a Participant upon proper notice and approval to enter into a special salary reduction agreement to make Deferral Contributions from any Employer paid cash bonuses designated by the Employer on a uniform and nondiscriminatory basis that are made for such Participants during the Plan Year in an amount up to 100% of such bonuses. The Compensation definition elected by the Employer in Subsection 1.05(a) must include bonuses if bonus contributions are permitted. Unless a Participant has entered into a special salary reduction agreement with respect to bonuses, the percentage deferred from any Employer paid cash bonus shall be (check (A) or (B) below): (A) ¨ Zero. (B) x The same percentage elected by the Participant for his regular contributions in accordance with Subsection 1.07(a)(1) above or deemed to have been elected by the Participant in accordance with Option 1.07(a)(6) below.

Bonus Contributions. If the Employer declares a 401(k) Bonus Contribution for a Plan Year, the contribution will be allocated as a Section 401(k) Contribution to the Accounts of (choose one - if neither box is checked, the first box will be deemed to have been selected): Only eligible Participants who are Non-Highly Compensated -- Employees X All eligible Participants -- C. Matching Contributions

Bonus Contributions. You may make Employee pretax contributions on any Employer-paid bonus. You may defer a whole percentage from 1 to 100% of any bonus designated by the Employer into the Plan on a pretax basis by completing a special election form. The total amount of your bonus, catch up and Employee pretax contributions for the Plan Year may not exceed 15% of your eligible compensation or other applicable Internal Revenue Code limits. The Employer may refuse to accept any or all of your bonus contribution if it will have an adverse effect on the Plan's Non-Discrimination Test.