Examples of Company Matching Contribution Amount in a sentence
If the Company elects to credit a Company Discretionary Contribution Amount or a Company Matching Contribution Amount on behalf of a Participant, the Committee shall establish and maintain a Company Contribution Account for such Participant.
A Participant shall be 100% vested in his or her Deferral Account, Company Discretionary Contribution Amount, if any, and Company Matching Contribution Amount, if any.
In the event that the Company elects to make a Company Discretionary Contribution Amount or a Company Matching Contribution Amount, then the Committee shall establish and maintain a Company Contribution Account for each Participant under the Plan who receives such allocation to his or her Accounts.
For each Plan Year, the Company will credit (a) each Participant’s Company Matching Contribution Account with the Company Matching Contribution Amount and (b) each Participant’s Two Percent Company Contribution Account with the Two Percent Company Contribution Amount.
A Participant shall be vested in the Company Discretionary Contribution Amount and Company Matching Contribution Amount credited to his or her Company Contribution Account at the time provided in accordance with the vesting schedule contained in the Savings Plan.