Company Discretionary Contribution Amount definition

Company Discretionary Contribution Amount means, if contributed by the Company for each Participant for a Plan Year, an additional discretionary amount allocated to a Participant under this Plan as determined by the Company. Such amount may differ from Participant to Participant both in amount, including no contribution, and as a percentage of Compensation.
Company Discretionary Contribution Amount means such discretionary amount if contributed by the Company for each Participant for a Plan Year. Such amount may differ from Participant to Participant both in amount and as a percentage of Compensation.
Company Discretionary Contribution Amount means such amount, if any, determined by the Administrative Committee, in its sole discretion, with respect to any Participant.

Examples of Company Discretionary Contribution Amount in a sentence

  • The amount so credited to a Participant may be smaller or larger than the amount credited to any other Participant, and the amount credited to any Participant for a Plan Year may be zero, even though one or more other Participants receive an Annual Company Discretionary Contribution Amount for that Plan Year.

  • The amount so credited to a Participant may be smaller or larger than the amount credited to any other Participant, and the amount credited to any Participant for a Plan Year may be zero, even though one or more other Participants receive a Company Discretionary Contribution Amount for that Plan Year.

  • If a Participant is not employed by the Employer as of the last day of a Plan Year other than by reason of his or her Retirement or death while employed, the Annual Company Discretionary Contribution Amount for that Plan Year shall be zero.

  • The Administrative Committee shall establish and maintain a Company Contribution Account for each Participant under the Plan for whom it determines that a Company Discretionary Contribution Amount is to be credited.

  • 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 Annual Account under this Plan, which amount shall be part of the Participant’s Company Discretionary Contribution Amount for that Plan Year.


More Definitions of Company Discretionary Contribution Amount

Company Discretionary Contribution Amount means, for each Plan Year, an amount the Company, in its sole discretion, may, but is not required to, credit to any Participant’s Deferred Compensation Account pursuant to Section 4.2.
Company Discretionary Contribution Amount means such discretionary amount if contributed by the Company for a Participant for a Plan Year. Such amount may differ from Participant to Participant in amount, including no contribution and including differences expressed as different percentages of Compensation.
Company Discretionary Contribution Amount with respect to a Team Member shall mean such amount, if any, credited to the Team Member’s Account under the Plan by the Company, on a purely discretionary basis, for the benefit of Team Member for a Plan Year. Such amount may differ from Team Member to Team Member both in amount, if any, and as a percentage of Compensation.
Company Discretionary Contribution Amount means such discretionary amount, if any, contributed by the Company for any Participant for a Plan Year. Such amount may differ, in the Committee’s sole and absolute discretion, from Participant to Participant.
Company Discretionary Contribution Amount with respect to a Participant shall mean such amount, if any, contributed by the Company, on a purely discretionary basis, under the Plan for the benefit of Participant for a Plan Year. Such amount may differ from Participant to Participant both in amount, if any, and as a percentage of Compensation.
Company Discretionary Contribution Amount means the discretionary amount determined by the Board to be credited to the Company Contribution Account of a Participant for a Plan Year. Such amount may differ from Participant to Participant both in amount, including no contribution, and as a percentage of Compensation.
Company Discretionary Contribution Amount means such discretionary amount, if any, credited by the Company to a Participant’s Company Contribution Account for a Plan Year. Such amount to be credited may differ from Participant to Participant both in amount, including no amount, and as a percentage of Compensation.