Basic Contributions definition

Basic Contributions has the meaning ascribed to such term in the LLC Agreement.

Basic Contributions means contributions made by an Employer under Section 4.6.

Basic Contributions means Compensation Deferral Contributions that are eligible for matching by Employer Contributions in accordance with Section 4.1 (Amount of Employer Contributions).

Examples of Basic Contributions in a sentence

• Basic Contributions cannot be used to satisfy the minimum Section 416 contributions for non-key employees.

• Supplemental Contributions (both After-Tax Contributions and Pre-Tax Contributions, in that order) will be returned first, and if there are not enough to satisfy the limitation on annual additions, Basic Contributions (both After-Tax Contributions and Pre-Tax Contributions, in that order) will be returned.

• Further, in making the determination of the percentage at which contributions are made for the Key Employee with the highest percentage, Basic Contributions on behalf of Key Employees are taken into account.

• Specifically, as required by Code Section 414(u)(8), a Member will be treated as not having incurred a break in Service because of his period of Qualified Military Service, the Member’s Qualified Military Service will be treated as Service under the Plan for vesting and contribution purposes and the Member will be permitted to make up any Basic Contributions he would have otherwise been eligible to make during the period of Qualified Military Service.

• Company Basic Contributions shall be paid into the Fund and allocated to the Member’s DC Account within the time limits specified in Applicable Pension Laws.

More Definitions of Basic Contributions

Basic Contributions means that portion of a Participant’s annualized Pre-Tax Contributions and After-Tax Contributions not in excess of 5% of his Regular Compensation.

Basic Contributions means the contributions elected by Members as described in Section 4.1(a).

Basic Contributions means the contributions of an Employer, if any, pursuant to Section 4.1. (See Appendices attached to this Plan.)

Basic Contributions means contributions made pursuant to Section 4.01(a) or (b) and shall include both Pre-Tax Contributions and After-Tax Contributions.

Basic Contributions means such portion of a Participant’s Before-Tax Contributions to the Plan for a pay date that does not exceed 6% of such Participant’s Compensation for such pay date.

Basic Contributions means the contributions of the Company made to the Plan pursuant to Section 5.1.1, determined on the basis of the Eligible Contributions of Participants.”

Basic Contributions shall have the same meaning as the definition of the term in the 401(k)