Participant Deferrals. A Participant is fully vested in the portion of his Account that is attributable to his Participant Deferrals.
Participant Deferrals. For purposes of calculating Participant Deferrals, Compensation includes only those amounts paid after the Employee has made both his initial payout election under section 5.04 and his Enrollment Agreement under section 3.01. Compensation does not include any amounts paid after the Participant ceased to be eligible to participate in the Plan. A Participant who begins participating in the middle of a Plan Year cannot make Participant Deferrals from a bonus under paragraph (a)(iii) that is attributable to the Participant’s services during the Plan Year in which his participation begins. For example, a Participant hired in September 2010 cannot make Participant Deferrals from the incentive compensation paid to him in February 2011.
Participant Deferrals. For purposes of calculating Participant Deferrals, Compensation includes only those amounts paid after the Employee has made the applicable payout election under section 5.04 and after the deadline for making the applicable Enrollment Agreement under section 3.01. Compensation does not include any amounts paid after the Participant ceased to be eligible to participate in the Plan, except as provided in section 2.01(b). A Participant who begins participating in the middle of a Plan Year cannot make Participant Deferrals from the Cash-Incentive Bonus that is attributable to the Participant’s services during the Plan Year in which his participation begins. For example, a Participant hired in September 2014 cannot make Participant Deferrals from the incentive compensation paid to him in February 2015.
Participant Deferrals. (a) Subject to the Joinder Agreement, Participants may elect to have a portion of their Compensation deferred and to have these Deferrals contributed to the Plan by the Employer. Deferrals shall be withheld from a Participant's paychecks in accordance with the rules established by the Plan Administrator. A Participant's Deferrals cannot exceed in any one taxable year the amount determined in Subsection (c), and Deferrals shall cease at such time as the limit determined in Subsection (c) has been reached. All Deferrals shall be paid by the Employer to the Trustee as soon as practicable, but in no event more than 90 days after the date on which such Deferrals were withheld from the Participant's Compensation; provided, however, that in no event shall Deferrals for a Plan Year be paid by the Employer to the Trustee later than 30 days after the end of the Plan Year. A Participant who does not make an authorization under Subsection (a) when he first joins the Plan may make one at any later date. The effective date of such an authorization shall be the Entry Date following the date on which the Plan Administrator receives the authorization form. If the contribution rate of Participants who are Highly Compensation Employees must be reduced as provided in this Section and/or Section 4.3, the Plan Administrator shall advise each affected Participant of his reduced contribution rate(s).
Participant Deferrals. Each Participant shall be entitled to defer --------------------- from 2% to 20% (specify allowable whole percentages) of his Compensation for the -- --- period in question by electing to have the Employer contribute the Deferral to the Participant's 401(k) Account instead of paying the deferred amount to the Participant in cash.
Participant Deferrals. A Participant's Deferrals shall be credited to --------------------- the Participant's 401(k) Account as of the date the Deferrals are deducted by the Employer from the Participant's Compensation, but without any portion of the gains or losses of the Trust Fund earnings thereon until such time as they are invested by the Trustee. Qualified Nonelective Contributions shall be allocated to the Qualified Nonelective Contribution Accounts of the Eligible Employees who are not Highly Compensated Employees in the Plan Year for which the Qualified Nonelective Contributions are made and shall be allocated to the Qualified Nonelective Contribution Account of each such Eligible Employee in the proportion that his Compensation for the Plan Year bears to the Compensation of all such Eligible Employees for the Plan Year.
Participant Deferrals. Employer Matching Credits
Participant Deferrals. A Participant will be entitled to compensation deferrals under the Plan in accordance with the Participant's deferral election made pursuant to the terms of the Associate Savings Plan. A Participant will be entitled to credits under the Plan to the extent that the Participant's elective deferrals exceed the Applicable Limitations under the Associate Savings Plan. Any amounts which cannot be credited to the Participants accounts under the Associate Savings Plan because of Applicable Limitations shall be credited to his or her Account maintained pursuant to Section 5.1.
Participant Deferrals. A Participant may elect to defer receipt of any amount of Eligible Compensation otherwise payable to him during each payroll period after the effective date of his Deferral Election (but not to exceed in the aggregate 35% of his Total Compensation) with all such amounts to be credited to his Deferral Account under the Plan. The minimum amount that a Participant may defer for any Plan Year is Five-Thousand Dollars ($5,000.00).
