DEFINITION OF HIGHLY COMPENSATED EMPLOYEE Sample Clauses

DEFINITION OF HIGHLY COMPENSATED EMPLOYEE. In determining which Employees are Highly Compensated (as defined in Section 1.66 of the Plan), the following rules apply:
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DEFINITION OF HIGHLY COMPENSATED EMPLOYEE. The plan permits the employer to make a calendar year election for purposes of identifying highly compensated employees. [ x ] The plan will use the calendar year election. [ ] The plan will not use the calendar year election.
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DEFINITION OF HIGHLY COMPENSATED EMPLOYEE. In determining which Employees are Highly Compensated (as defined in Section 1.70 of the Plan), the Top-Paid Group Test does not apply, unless designated otherwise under this AA §11-2.
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DEFINITION OF HIGHLY COMPENSATED EMPLOYEE. Notwithstanding Section 1.38 of the Plan, effective for Plan Years beginning on and after January 1, 1997, "Highly Compensated Employee" shall mean any Employee of the Employer who:
Sample 1
DEFINITION OF HIGHLY COMPENSATED EMPLOYEE. ( ) (1) In determining who is a Highly Compensated Employee the Employer makes a top paid group election. The effect of this election is that an Employee (who is not a 5-percent owner at any time during the Determination year or the look-back year) with Compensation in excess of $80,000 (as adjusted) for the look-back year is a Highly Compensated Employee only if the Employee was in the top-paid group for the look-back year.
Sample 1
DEFINITION OF HIGHLY COMPENSATED EMPLOYEE. For each of the Plan Years which begins before the date on which the Employer adopts this amendment and restatement of the Plan, the Employer will define the term "Highly Compensated Employee" ("HCE") by making the following choices:
Sample 1
DEFINITION OF HIGHLY COMPENSATED EMPLOYEE. (a) In determining who is a Highly Compensated Employee the Employer makes a top paid group election. The effect of this election is that an Employee (who is not a 5-percent owner at any time during the determination year or the look-back year) with Compensation in excess of $80,000 (as adjusted) for the look-back year is a Highly Compensated Employee only if the Employee was in the top-paid group for the look-back year. (b) In determining who is a Highly Compensated Employee (other than as a 5-percent owner) the Employer makes a calendar year data election. The effect of this election is that the look-back year is the calendar year beginning with or within the look-back year.
Sample 1
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Related to DEFINITION OF HIGHLY COMPENSATED EMPLOYEE

  • Highly Compensated Employee The term Highly Compensated Employee includes highly compensated active employees and highly compensated former employees.

  • Elective Deferrals An Employee will be eligible to become a Contributing Participant in the Plan (and thus be eligible to make Elective Deferrals) and receive Matching Contributions (including Qualified Matching Contributions, if applicable) after completing 1 (enter 0, 1 or any fraction less than 1) Years of Eligibility Service.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Limitation Year The Limitation Year is: (Choose (c) or (d)) [ x ] (c) The Plan Year. [ ] (d) The 12 consecutive month period ending every _____.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

  • Partial Employer Contribution - Basic Eligibility The following employees covered by this Agreement receive the full Employer Contribution for basic life coverage, and at the employee's option, a partial Employer Contribution for health and dental coverages if they are scheduled to work at least fifty (50) percent but less than seventy-five (75) percent of the time. This means:

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

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