Common use of Discretionary - tiered Clause in Contracts

Discretionary - tiered. The Employer may make matching contributions equal to a discretionary percentage of a Participant's Elective Deferrals, to be determined by the Employer, of each tier, to be determined by the Employer. The tiers may be based on the rate of a Participant's Elective Deferrals or Years of Service. Such contribution is subject to the Instructions and Notice requirement of Section 12.12.

Appears in 5 contracts

Samples: Multiple Employer Participation Agreement, Multiple Employer Participation Agreement, Multiple Employer Participation Agreement

AutoNDA by SimpleDocs

Discretionary - tiered. The Employer may make matching contributions equal to a discretionary percentage of a Participant's Elective Deferrals, to be determined by the Employer, of each tier, to be determined by the Employer. The tiers may be based on the rate of a Participant's Elective Deferrals or Years of Service. Such contribution is subject to the Instructions and Notice requirement of Section 12.12.

Appears in 2 contracts

Samples: Adoption Agreement, Non Standardized Adoption Agreement

Discretionary - tiered. The Employer may make matching contributions equal to a discretionary percentage of a Participant's Elective Deferrals, to be determined by the Employer, of each tier, to be determined by the Employer. The tiers may be based on the rate of a Participant's Elective Deferrals or Years Year s of Service. Such contribution is subject to the Instructions and Notice requirement of Section 12.12.

Appears in 1 contract

Samples: Multiple Employer Participation Agreement

AutoNDA by SimpleDocs

Discretionary - tiered. The Employer may make matching contributions equal to a discretionary percentage of a Participant's Elective Deferrals, to be determined by the Employer, of each tier, to be determined by the Employer. The tiers may be based on the rate of a Participant's Elective Deferrals or Years of Service. Such contribution is subject to , of the Instructions and Notice requirement of Section 12.12Participant's Elective Deferrals.

Appears in 1 contract

Samples: Adoption Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.