Common use of Matched Contributions Clause in Contracts

Matched Contributions. (a) For periods prior to January 1, 1984, "Employee Contributions" (as that term was defined in the Plan immediately prior to January 1, 1984) and (b) for periods on or after January 1, 1984, the aggregate Pre-Tax Contributions and Post-Tax Contributions to a Participant's Basic Account for any month not in excess of six percent (6%) of the Participant's Compensation for that month.

Appears in 2 contracts

Sources: Employees' Savings, Investment and Profit Sharing Plan (Revlon Inc /De/), Employee Retirement Plan (Cosmetic Center Inc)