Common use of SALARY REDUCTION ARRANGEMENT Clause in Contracts

SALARY REDUCTION ARRANGEMENT. The Employer must contribute the amount by which the Participants have reduced their Compensation for the Plan Year, pursuant to their salary reduction agreements on file with the Advisory Committee. A reference in the Plan to salary reduction contributions is a reference to these amounts.

SALARY REDUCTION ARRANGEMENT. The Employer must contribute the amount by which the Participants have reduced their Compensation for the Plan Year, pursuant to their salary reduction agreements on file with the Advisory Committee. A reference in the Plan to salary reduction contributions is a reference to these amounts.. Matching contributions. (Choose (a) or (b))