Common use of Cash Contribution Clause in Contracts

Cash Contribution. (a) In calendar year 2020 Dignity Health shall have contributed to the Plan Trust cash in the amount of Fifty Million Dollars ($50,000,000.00). (b) In calendar year 2021, Dignity Health shall contribute to the Plan Trust cash in the amount of the greater of (i) Fifty Million Dollars ($50,000,000.00) or (ii) the amount of the Minimum Contribution Recommendation calculated by the Plan’s Actuaries in the Pension Contribution Report for that calendar year.

Appears in 2 contracts

Sources: Class Action Settlement Agreement, Class Action Settlement Agreement