Common use of Limitations on Matching Formulas Clause in Contracts

Limitations on Matching Formulas. a. Contributions to Participants who are not Highly Compensated Employees: Contribution of the Employer’s Matching Contribution will be made only to eligible Participants who are Non-Highly Compensated Employees.

Appears in 13 contracts

Samples: Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct), Nonstandardized Adoption Agreement (First Northwest Bancorp), Nonstandardized Adoption Agreement (1st Constitution Bancorp)

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Limitations on Matching Formulas. a. Contributions to Participants who are not Highly Compensated Employees: Contribution of the Employer’s 's Matching Contribution will be made only to eligible Participants who are Non-Highly Compensated Employees.

Appears in 2 contracts

Samples: Nonstandardized Adoption Agreement (BBCN Bancorp Inc), Prototype Defined Contribution Plan (Old Dominion Freight Line Inc/Va)

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