Fixed Matching Contribution Sample Clauses

Fixed Matching Contribution. Fixed Matching Contribution means a Matching Contribution which the Employer, subject to satisfaction of allocation conditions, if any, must make pursuant to a formula in the Adoption Agreement. Under the formula, the Employer contributes a specified percentage or dollar amount on behalf of a Participant based on that Participant's Elective Deferrals or Employee Contributions eligible for a match.
AutoNDA by SimpleDocs
Fixed Matching Contribution. The Company’s matching contribution is equal to the greater of 50% of the first 4% of eligible earnings or 100% of deferral up to $1,000.00.
Fixed Matching Contribution. 50% of each Eligible Participant's Section 401(k) Deferrals. The Employer Matching Contribution does not apply to Section 401(k) Deferrals that exceed: ý(1) 6% of Included Compensation. o(2) $ .
Fixed Matching Contribution. 1.35(A) Fixed Nonelective Contribution. 1.38(A) Forfeiture Break in Service. 5.06(B) Formerly Affiliated Plan. 4.05(I) Frozen Plan. 1.42(B) 401(k) Plan. 1.29 401(m) Plan. 1.30 Gap Period. 4.11(F) Gateway Contribution. 4.07(A)(1) HCE. 1.22(E) HCE Group. 4.10(B)(4))(b), 4.10(C)(5)(b), 4.11(G) HEART Act. 1.31
Fixed Matching Contribution. Effective July 1, 2006, The Company’s Matching Contribution is equal to the greater of 50% of the first 6% of eligible earnings or 100% of deferrals up to $500.00. Effective January 1, 2007, the Company’s Matching Contribution is equal to 50% of the first 6% of eligible earnings.

Related to Fixed Matching Contribution

  • 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.

  • 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.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Company Contributions (a) For employees hired, rehired or who become covered under the CWA 3176 Agreement through any means before January 1, 2016, the Company shall contribute a Company Matching Contribution equal to 25 percent of the Participant’s Contribution up to a maximum of 6 percent of eligible wage.

  • 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:

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Retirement Contribution The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

  • 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:

  • 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.

  • Amount of Employer Contribution The Employer Contribution amounts and rules in effect on June 30, 2017 will continue through December 31, 2017.

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