Company Contribution Amount definition
Examples of Company Contribution Amount in a sentence
The applicable Maximum Company Contribution Amount shall not increase when the Retiree Medical Benefits Premium exceeds the amount set forth in the chart above.
Effective as of the Start Date, Executive shall receive, pursuant to the Company's Deferred Compensation Plan (the "Deferred Compensation Plan"), a $300,000 credit to his "Annual Account" (as defined in the Deferred Compensation Plan) as a "Company Contribution Amount" (as defined in the Deferred Compensation Plan) (the "Sign-On DCP Contribution").
If a Participant is not employed by an Employer as of the last day of a Plan Year other than by reason of his or her death while employed, the Annual Company Contribution Amount for that Plan Year shall be zero.
The Participant's Annual Company Contribution Amount, Annual Company Matching Amount, Annual Profit Sharing Restoration Amount and Annual Pension Restoration Amount shall be credited to his or her Company Contribution Account, Company Matching Account, Profit Sharing Restoration Account and/or Pension Restoration Account, as the case may be, as of the last day of the Plan Year to which they relate.
For each Plan Year, an Employer, ---------------------------------- in its sole discretion, may, but is not required to, credit any amount it desires to any Participant's Company Contribution Account under this Plan, which amount shall be for that Participant the Annual Company Contribution Amount for that Plan Year.