Discretionary Contributions definition

Discretionary Contributions means contributions which the Employer makes to the Plan for the benefit of Participants, which is not a Salary Deferral or a Matching Contribution. All Discretionary Contributions for a Plan Year shall be contributed to the Trustee by the date prescribed by law (including extension thereof) for filing the Employer’s federal income tax return for its taxable year ending with or within such Plan Year.
Discretionary Contributions means the contributions, if any, made by the Company to the Plan. The aggregate amount of Discretionary Contributions allocated to the Plan for any Plan Year shall be such amount as determined by the Board in its sole discretion. The vesting schedule for Discretionary Contributions shall be the schedule shown in Section 5.2, or such other schedule the Board shall determine at the time it elects to make Discretionary Contributions.
Discretionary Contributions means the amounts, if any, which TVA may credit to a Participant’s Account under Section 4.4.

Examples of Discretionary Contributions in a sentence

  • For Employer Discretionary Contributions, in order to be credited with an Eligibility Year of Service, an Employee shall complete [....] (not to exceed 1,000) Hours of Service.

  • Executive shall cease to be eligible to receive additional Discretionary Contributions to Executive’s Employer Discretionary Account after the date that Executive reaches the age of 70 years.

  • In addition, if a “Change in Control” (as defined in the DCP) occurs at any time during Executive’s employment hereunder, Executive shall immediately vest on the date of such Change in Control as to any and all unvested Discretionary Contributions made to Executive’s Employer Discretionary Account.

  • Executive acknowledges and agrees that the Discretionary Contributions described in this Section 2.4 are subject to the terms and conditions applicable to Employer Discretionary Deferrals under the DCP.

  • Executive shall receive payment of vested Discretionary Contributions made to Executive’s Employer Discretionary Account upon Executive’s “Termination of Service” (as defined in the DCP) in accordance with the terms and conditions of Article VII of the DCP.


More Definitions of Discretionary Contributions

Discretionary Contributions means the amount, if any, contributed to the Plan on behalf of a Participant as a Discretionary Contribution pursuant to Section 3.5(b) and/or Section 3.6(d).
Discretionary Contributions means contributions made to the Plan by the Company under Section 4.01(b).
Discretionary Contributions means the contributions made by the Employer pursuant to Section 4.3.
Discretionary Contributions means the amounts which may be contributed by a Participating Company pursuant to Section 3.3(c).
Discretionary Contributions means discretionary contributions we make to fund this Plan. (See Item P and Section 3.01.)
Discretionary Contributions means discretionary Employer Contributions. (See Item Q(3) and Section 3.01.)
Discretionary Contributions means the contributions to the Plan made by one or more Participating Companies pursuant to the provisions of Section 8.1.