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.
Appears in 3 contracts
Samples: Plan and Trust Agreement (Finisar Corp), Participation Agreement (Nci Building Systems Inc), Plan and Trust Agreement (Bob Evans Farms Inc)
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 ’s Elective Deferrals or Employee Contributions eligible for a match.
Appears in 2 contracts