Company Matching Contribution Amount definition

Company Matching Contribution Amount means an amount, if any, credited by the Company to a Participant’s Company Matching Contribution Account for a Plan Year pursuant to Section 4.2.
Company Matching Contribution Amount means such amount, if any, contributed by the Company for each 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 Matching Contribution Amount means, with respect to each Plan Year, the Company’s contribution to a Participant’s Company Matching Contribution Account equal to the amount determined by applying the rate of matching contribution applied under the 401(k) Plan to the Participant’s Total Deferral Amount under the Plan for such year, and reducing that amount by the matching contribution to be credited to the Participant under the 401(k) Plan. Notwithstanding any provision to the contrary herein, the Company reserves the right to adjust the rate of matching contribution to be applied under the Plan for subsequent years, without notice.

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.


More Definitions of Company Matching Contribution Amount

Company Matching Contribution Amount means such amount contributed by the Company for a select group of Participants for a Plan Year.
Company Matching Contribution Amount means such discretionary amount, if any, contributed by the Company for each Participant for a Plan Year. Such amount may differ, in the Committee’s sole and absolute discretion, from Participant to Participant.
Company Matching Contribution Amount means the amount credited to the Company Contribution Account of a Participant for a Plan Year to make up for matching contributions not permitted to be made to the Savings Plan, because of the limitations of the Code, based on the rate of the Participant's contributions to the Savings Plan.
Company Matching Contribution Amount means such amount contributed by the Company, if any, for a Participant for a Plan Year. Such amount may differ from Participant to Participant.
Company Matching Contribution Amount means such amount, if any, credited by the Company to each 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.
Company Matching Contribution Amount means such amount as may be contributed by the Company for a given Participant for a Plan Year.
Company Matching Contribution Amount means, for any one plan Year, the amount determined in accordance with section 3.4(a).