Common use of Tiered formula Clause in Contracts

Tiered formula. An amount equal to the specified matching percentage for the corresponding level of each Participant’s deferral contribution percentage. For this purpose, “Compensation” means Compensation for: . [See the Note in (d)(2).]

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Americas Carmart Inc)

Tiered formula. An amount equal to the specified matching percentage for the corresponding level of each Participant’s deferral contribution percentage. For this purpose, “Compensation” means Compensation for: :______. [See the Note in (d)(2).]

Appears in 1 contract

Sources: Employee 401(k) Plan (Trimeris Inc)