Common use of PERCENTAGE MATCH Clause in Contracts

PERCENTAGE MATCH. The Employer shall contribute and allocate to each eligible Participant's account an amount equal to 100 % of the amount contributed and allocated in accordance with paragraph 7(b) above and (if checked) _______% of [ ] the amount of Voluntary Contributions made in accordance with paragraph 4.1 of the Basic Plan Document #R1. The Employer shall not match Participant Elective Deferrals as provided above in excess of $_______ or in excess of 3 % of the Participant's Compensation or if applicable, Voluntary Contributions in excess of $________ or in excess of ______% of the Participant's Compensation. In no event will the match on both Elective Deferrals and Voluntary Contributions exceed a combined amount of $_______ or ______%.

Appears in 1 contract

Samples: Port Financial Corp

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PERCENTAGE MATCH. The Employer shall contribute and allocate to each eligible Participant's account an amount equal to 100 50% of the amount contributed and allocated in accordance with paragraph 7(b) above and (if checked) _______% of [ [_] the amount of Voluntary Contributions made in accordance with paragraph 4.1 of the Basic Plan Document #R1. The Employer shall not match Participant Elective Deferrals as provided above in excess of $_______ or in excess of 3 6% of the Participant's Compensation or if applicable, Voluntary Contributions in excess of $________ or in excess of ______% of the Participant's Compensation. In no event will the match on both Elective Deferrals and Voluntary Contributions exceed a combined amount of $_______ or ______%.

Appears in 1 contract

Samples: Westfield Financial Inc

PERCENTAGE MATCH. The Employer shall contribute and allocate to each eligible Participant's account an amount equal to 100 ____% of the amount contributed and allocated in accordance with paragraph 7(b) above and (if checked) _______% of [ ] the amount of Voluntary Contributions made in accordance with paragraph 4.1 of the Basic Plan Document #R104. The Employer shall not match Participant Elective Deferrals as provided above in excess of $_______ or in excess of 3 _____% of the Participant's Compensation or if applicable, Voluntary Contributions in excess of $________ or in excess of _______ % of the Participant's Compensation. In no event will the match on both Elective Deferrals and Voluntary Contributions exceed a combined amount of $_______ or ______%.. [x] (ii)

Appears in 1 contract

Samples: Adoption Agreement (Sano Corp)

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PERCENTAGE MATCH. The Employer shall contribute continue and allocate to each eligible Participant's account an amount equal to 100 ___% of the amount contributed and allocated in accordance with paragraph 7(b) above and (if checked) _______% of [ [_] the amount of Voluntary Contributions made in accordance with paragraph 4.1 of the Basic Plan Document #R101. The Employer shall not match Participant Elective Deferrals as provided above in excess of $____$ ___ or in excess of 3 ___% of the Participant's Compensation or if applicable, Voluntary Contributions in excess of $_____$ ___ or in excess of ______% of the Participant's Compensation. In no event will the match on both Elective Deferrals and Voluntary Contributions exceed a combined amount of $____$ ___ or ______%.

Appears in 1 contract

Samples: Standardized Adoption Agreement (Homestore Com Inc)

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