Common use of Employer Matching Deferral Account Clause in Contracts

Employer Matching Deferral Account. The following vesting schedule shall apply to the Employer Matching Deferral Account [Check one, and complete where applicable]: [X] (A) Apply Rules Described in Qualified Plan. A Participant is vested in his Employer Matching Deferral Account under the Plan in the same manner and applying the same rules applicable to matching contributions made under the following qualified retirement plan maintained by the Employer: 401 (k) Plan (as defined in the attachment)

Appears in 1 contract

Samples: C & F Financial Corp

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Employer Matching Deferral Account. The following vesting schedule shall apply to the Employer Matching Deferral Account [Check one, and complete where applicable]: [X] x (A) Apply Rules Described in Qualified Plan. A Participant is vested in his Employer Matching Deferral Account under the Plan in the same manner and applying the same rules applicable to matching contributions made under the following qualified retirement plan maintained by the Employer: 401 (k401(k) Plan (as defined in the attachment)

Appears in 1 contract

Samples: C & F Financial Corp

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Employer Matching Deferral Account. The following vesting schedule shall apply to the Employer Matching Deferral Account [Check one, and complete where applicable]: [X] (A) Apply Rules Described in Qualified Plan. A Participant is vested in his Employer Matching Deferral Account under the Plan in the same manner and applying the same rules applicable to matching contributions made under the following qualified retirement plan maintained by the Employer: 401 _______________________________________ ________________________________________________ (kB) Plan Always 100% Vested. A Participant shall always have a non-forfeitable right to 100% of his Employer Matching Deferral Account. (as defined in the attachmentC)

Appears in 1 contract

Samples: Adoption Agreement (Union Bankshares Corp)

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