Common use of Fixed Matching Contribution Clause in Contracts

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)

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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

Samples: Adoption Agreement (Knowles Corp), willamette.edu

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