Discretionary Uniform Dollar QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in a uniform dollar amount to be determined by the Employer and allocated in a nondiscriminatory manner. This part of the Employer’s contribution shall be fully vested when made. This contribution will be made to:
Appears in 14 contracts
Samples: Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct), Nonstandardized Adoption Agreement (First Northwest Bancorp), Nonstandardized Adoption Agreement (1st Constitution Bancorp)
Discretionary Uniform Dollar QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in a uniform dollar amount to be determined by the Employer and allocated in a nondiscriminatory manner. This part of the Employer’s contribution shall be fully vested when mademade and not available for in-service withdrawal. This contribution will be made to:
Appears in 6 contracts
Samples: Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.), Nonstandardized Adoption Agreement (Legacy Bancorp, Inc.), Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.)
Discretionary Uniform Dollar QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which that shall be allocated to each eligible Participant’s account in a uniform dollar amount to be determined by the Employer and allocated in a nondiscriminatory manner. This part of the Employer’s contribution shall be fully vested when mademade and not available for in-service withdrawal. This contribution will be made to:
Appears in 2 contracts
Discretionary Uniform Dollar QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s 's account in a uniform dollar amount to be determined by the Employer and allocated in a nondiscriminatory manner. This part of the Employer’s 's contribution shall be fully vested when mademade and not available for in-service withdrawal. This contribution will be made to:
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)
Discretionary Uniform Dollar QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s 's account in a uniform unifonm dollar amount to be determined by the Employer and allocated in a nondiscriminatory manner. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (BBCN Bancorp Inc)
