Profit Sharing Contribution. Section 5.5(d) Property...........................................................Section 8.10 iv 6
Profit Sharing Contribution. Officer shall be eligible to receive a Grainger Profit Sharing Contribution for the years 2018, 2019 and 2020 as well as a payout of any vested funds contained within Officer’s account pursuant to the provisions of the Plan then in effect. Additionally, Officer shall also be eligible to receive a fully vested 401-K contribution for any compensation continuation payments that are attributable to term of this Agreement.
Profit Sharing Contribution. “Profit Sharing Contribution” (but not “Employer Profit Sharing Contribution”) shall have the same meaning as the definition of the term in the 401(k) Plan. 2.28
Profit Sharing Contribution. For each Plan Year, the Employer shall contribute from its Net Profits to the Plan an amount as may be determined by the Employer in accordance with the profit-sharing formula set forth in the Adoption Agreement.
Profit Sharing Contribution. The Company agrees that it will make a 2002/03 profit-sharing contribution of $300,000 for the benefit of Chuang on the Effective Date.
Profit Sharing Contribution. Each Plan Year, commencing with the Plan Year beginning on April 1, 1996, the Employer shall have the option to contribute a profit sharing amount to the Trust Fund on or before March 31. The profit sharing amount shall be established annually by the Board of Directors of RadioShack in its sole discretion. The profit sharing amount shall be contributed to the Plan and allocated to each Participant’s ESOP Account and/or Profit Sharing Account, as designated by RadioShack in its sole discretion. The contribution by the Employer may be in the form of either Company Stock or cash. As of the last day of the Plan Year, profit sharing contributions and forfeitures attributable to profit sharing contributions shall be allocated to the applicable Account for each Participant based on the Participant’s deferred salary contributions for such Plan Year in an amount determined by multiplying the profit sharing contribution by a fraction the numerator of which is the Participant’s deferred salary contributions and the denominator of which is the deferred salary contributions for all Participants.
Profit Sharing Contribution. For the period ending on the Closing Date, employees of Imaging are participants in the Xxxx & Xxxxxx Profit Sharing Retirement Plan. On behalf of such employees, certain employer contributions have been accrued by Imaging, which contributions are ordinarily made as soon as administratively possible after the last day of each plan year. The Xxxx & Xxxxxx Profit Sharing Retirement Plan will, for purposes of such employees, be amended to treat the Closing Date as the last day of a plan year for purposes of allocating employer contributions, and Buyer will pay such contributions, to the extent accrued on the Closing Balance Sheet consistent with the Reference Balance Sheet, to the trust under the Xxxx & Xxxxxx Profit Sharing Retirement Plan as soon as practicable after the Closing Date.
Profit Sharing Contribution. Harriscope shall either (i) --------------------------- make a contribution, on or before the Closing, to the Harriscope 401(k) Profit Sharing Plan (the "Profit Sharing Plan") equal to six percent of the Transferred ------------------- Employee's total compensation from January 1, 2001 to and including the Closing Date, or (ii) agrees that a cash equivalent amount of such contribution shall be added to Purchaser's credits set forth in subsection (a) of the definition of "Adjustment Amount" in Section 1.6 hereof. Such contribution or cash equivalent ----------- amount shall be in addition to, and not in lieu of, any Harriscope matching contribution with respect to the 2001 plan year.
Profit Sharing Contribution. 41 7.8 WARN.................................................................................................41
Profit Sharing Contribution. For the 2003 fiscal year, Seller Parent shall make a profit sharing contribution to the Retirement Savings and Investment Plan on behalf of Affected Employees; provided that (a) the Closing Date occurs on or after December 31, 2003 and (b) such Affected Employees are employed by the Seller Parent or one of its affiliates on December 31, 2003. Seller Parent shall be solely responsible for all liabilities relating to or arising from the contribution described in the preceding sentence.
