Graded Match Clause Samples

Graded Match. + If a or b is elected, the minimum and maximum percentages must be within the parameters of the Elective Deferral election in Section X.A or the Required Employee Contribution election in Section X.B of this Adoption Agreement. -+ Percentages for higher amounts must be lower than the percentages for lower amounts. For example: 100% of the first $500, plus 75% of the next $500, plus 50% of the next $500. [ ] a. Graded based upon the dollar amount of each Participant's Elective Deferral Contributions or Required Employee Contributions as follows: _____% of the first $_____ plus _____% of the next $_____ plus _____% of the next $_____ plus _____% of the next $_____. -------------------------------------------------------------------------------- -20- -------------------------------------------------------------------------------- Plan Document X. CONTRIBUTIONS Section ------------------------------------------------------------------------------
Graded Match. If a or b is elected, the minimum and maximum percentages must be within the parameters of the Elective Deferral election in Section X.A or the Required Employee Contribution election in Section X.B of this Adoption Agreement. * Percentages for higher amounts must be lower than the percentages for lower amounts. For example: 100% of the first $500, plus 75% of the next $500, plus 50% of the next $500. |_| a. Graded based upon the dollar amount of each Participant's Elective Deferral Contribu- tions or Required Employee Contributions as follows: % of the first $ plus ---- ---- % of the first $ plus ---- ---- % of the first $ plus ---- ---- % of the first $ . ---- ---- ------------------------------------------------------------------------------- September 24, 1997 Plan Document X. CONTRIBUTIONS Section |_| b. Graded based upon the percentage of Compensation of each participant's Elective Deferral Contribution or Required Employee Contribution as follows: % of the first $ plus ---------- ---------- % of the first $ plus ---------- ---------- % of the first $ plus ---------- ---------- % of the first $ ---------- * If 3.a or b is elected, additional testing will be required to prove that the different contributions are available on a nondiscriminatory basis.
Graded Match. An amount determined as follows:(17) ----- If the Participant has The Employer will contribute contributed this percentage this percentage of the of Recognized Compensation: Participant's contribution: --------------------------- ---------------------------- Up to % % (50 to 100) --- --- From % to % % (25 to 50) --- --- --- From % to % % (1 to 25) --- --- --- [Section 3.3]