FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION Sample Clauses

FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION. (a) For each Plan Year, the Employer will (or may with respect to any discretionary contributions) contribute to the Plan:
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FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION. (a) For a Money Purchase Plan:
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FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION. (a) For each Plan Year, the Employer shall contribute to the Plan such amount as shall be determined by the Employer. (b) Notwithstanding the foregoing, however, the Employer's contributions for any Plan Year shall not exceed the maximum amount allowable as a deduction to the Employer under the provisions of Code Section 404. All contributions by the Employer shall be made in cash, Company Stock or in such property as is acceptable to the Trustee. (c) Except, however, to the extent necessary to provide the top heavy minimum allocations, the Employer shall make a contribution even if it exceeds the amount which is deductible under Code Section 404. 4.2
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FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION. (a) For a Money Purchase Plan – On behalf of each Participant eligible to share in allocations, for each year of such Participant’s participation in this Plan, the Employer shall contribute the amount specified in the Adoption Agreement. All contributions by the Employer shall be made in cash.
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FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION 
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Related to FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • 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.

  • 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.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • 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.

  • 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:

  • 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:

  • 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.

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

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