Common use of Fixed Additional Matching Contribution Clause in Contracts

Fixed Additional Matching Contribution. The following Fixed Additional Matching Contribution (Choose (i) or (ii). Complete (iii).): (i) [ ] Uniform percentage. A Matching Contribution equal to % of each Participant's Elective Deferrals but not as to Elective Deferrals exceeding % of the Participant's Compensation. (ii) [ ] Tiered formula. A Matching Contribution equal to the specified matching rate for the corresponding level of each Participant's Elective Deferral percentage. A Participant's Elective Deferral percentage is equal to the Participant's Elective Deferrals divided by the Participant's Compensation. Elective Deferral Percentage Matching Rate (e.g., up to 2) % % (e.g., more than 2 up to 5) % % % %

Appears in 2 contracts

Sources: Adoption Agreement, Adoption Agreement

Fixed Additional Matching Contribution. The following Fixed Additional Matching Contribution (Choose (i) or (ii). Complete (iii).): (i) [ ] Uniform percentage. A Matching Contribution equal to % of each Participant's Elective Deferrals but not as to Elective Deferrals exceeding % of the Participant's Compensation. (ii) [ ] Tiered formula. A Matching Contribution equal to the specified matching rate for the corresponding level of each Participant's Elective Deferral percentage. A Participant's Elective Deferral percentage is equal to the Participant's Elective Deferrals divided by the Participant's Compensation. Elective Deferral Percentage Matching Rate (e.g., up to 2) % % (e.g., more than 2 up to 5) % % % %

Appears in 2 contracts

Sources: Adoption Agreement, Adoption Agreement

Fixed Additional Matching Contribution. The following Fixed Additional Matching Contribution (Choose (i) or (ii). Complete (iii).): (i) [ ] Uniform percentage. A Matching Contribution equal to % of each Participant's Elective Deferrals but not as to Elective Deferrals exceeding % of the Participant's Compensation. (ii) [ ] Tiered formula. A Matching Contribution equal to the specified matching rate for the corresponding level of each Participant's Elective Deferral percentage. A Participant's Elective Deferral percentage is equal to the Participant's Elective Deferrals divided by the Participant's Compensation. Elective Deferral Percentage Matching Rate (e.g., up to 2) % % (e.g., more than 2 up to 5) % % % %

Appears in 1 contract

Sources: Adoption Agreement