Bonus Contributions definition
Examples of Bonus Contributions in a sentence
The Plan Administrator shall maintain records sufficient to demonstrate satisfaction of the ADP test and the amount of 401(k) Bonus Contributions used in such test.
Such Company Contributions shall be either Company ESOP Contributions made to pay interest and/or principal on an Exempt Loan pursuant to Article XI or Company Stock Bonus Contributions made as regular stock bonus contributions.
Before-Tax Contributions and EIP Bonus Contributions representing Excess Deferrals may be distributed to a Participant.
EIP Bonus Contributions shall be credited to the Participant's Profit- Sharing Accounts as described in Section 5.4, and shall be treated as a contribution relating to the Plan Year ending prior to the payment date for the EIP Bonus.
Before-Tax Contributions and EIP Bonus Contributions representing Excess Contributions may be distributed to certain Participants who are Highly Compensated Employees.
Qualified Employees shall not be entitled to make Annual Bonus Contributions with respect to calendar years ending after January 1, 2005 and the Company shall not accept or recognize any election made by a Qualified Employee to invest his or her Annual Bonus Contribution for periods on or after January 1, 2005.
Any Pre-Tax Contributions or Pre-Tax Bonus Contributions distributed to a Participant pursuant to this Section shall not be taken into account in determining such Participant's actual deferral percentage for purposes of Section 3.7.
The Employer's Matching Contribution shall be equal to 100% of the sum of each such eligible Participant's Before-Tax and After-Tax Contributions not in excess of 6% of his or her Earnings for the payroll period and 100% of up to 6% of his or her EIP Bonus Contributions.
Before-Tax Contributions, EIP Bonus Contributions and/or After-Tax Contributions representing excess Annual Additions may be distributed to a Participant.
Tax and EIP Bonus Contributions ---------------------------------------------------------------- Before-Tax, After-Tax and EIP Bonus Contributions made pursuant to this Article 3 shall be made through payroll deductions, except to the extent another method of payment of After-Tax Contributions is expressly approved in writing by the Company.