Examples of Current Plan Year in a sentence
For purposes of computing the ADP under the Prior Year Testing Method, changes between the prior Plan Year and the Current Plan Year in the group of Non-Highly Compensated ADP Employees are disregarded.
Any deferred bonuses that were earned with respect to any Prior Plan Year that are not paid as of the Cut-off Date shall be treated as benefits for the Current Plan Year in accordance with Section 2.07(b).
The Guideline Incentive Award is calculated for each Participant by multiplying the individual Participant’s actual salary range in effect on the last day of the final pay period of the Current Plan Year by the applicable guideline percentage established by the Committee.
The Manor Care Stock Purchase Plan shall continue in effect after the Distribution Date and payroll deductions for all eligible Plan participants who are Retained Employees shall continue at the same levels after the Pre-Distribution Purchase Date until the earlier to occur of: (i) final purchase of stock at the end of the Current Plan Year quarter in which the Distribution Date occurs (the "Post-Distribution Purchase") or (ii) the date the participant withdraws from said Plan.
At the start of the Current Plan Year the Company will calculate the amount of Company matching contributions a Participant lost in the previous Plan Year.