Discretionary Employer Contributions definition

Discretionary Employer Contributions means the amounts, if any, contributed by the Employer on behalf of an Eligible Employee, pursuant to Section 3.8.
Discretionary Employer Contributions means Discretionary Matching Contributions and Discretionary Nonelective Contributions.
Discretionary Employer Contributions means the amount, if any, of contributions awarded to a Participant pursuant to Section 3.2.

Examples of Discretionary Employer Contributions in a sentence

  • An Employee employed or reemployed by an Employer on or after the Effective Date of the Plan may become a Participant in the Plan for purposes of Elective Deferrals and Discretionary Employer Contributions, if any, immediately upon the commencement of employment with the Employer.

  • An Employer may make Discretionary Employer Contributions, which may include Discretionary Matching Contributions and Discretionary Nonelective Contributions, by completing and returning any Applicable Forms to the Administrator.

  • An Employee employed by an Employer prior to the Effective Date of the Plan may become a Participant in the Plan for purposes of Elective Deferrals and Discretionary Employer Contributions, if any, upon the Effective Date of the Plan.

  • These exclusions shall not apply for purposes of the "Top Heavy" requirements in Section 9.03 or for allocating Discretionary Employer Contributions if an Integrated Formula is elected in Section 1.05(a)(2).

  • Each participant in the Savings Plan may elect to reduce his or her compensation by any percentage, not to exceed 15% of compensation when combined with any Matching Basic or Discretionary Employer Contributions (below) made on behalf of the participant, and have such amount contributed to his or her account under the Savings Plan.


More Definitions of Discretionary Employer Contributions

Discretionary Employer Contributions means the amount, if any, of credits that may be awarded to a Participant pursuant to Section 3.3 of this Plan.
Discretionary Employer Contributions means the amounts contributed on a Participant’s behalf pursuant to Section 3.3.
Discretionary Employer Contributions means contributions made by an Employer under Section 3.5.
Discretionary Employer Contributions means contributions made by the Employer to the Plan pursuant to Section 4.5.
Discretionary Employer Contributions means contributions made to the Plan by the Employer for the Plan Year in accordance with the provisions of Section 3.3(b) and allocated to a Participant’s Individual Account. Although the term “contribution” is used herein for ease of reference, credits to Participants’ Individual Accounts under the Plan are merely credits to a bookkeeping account.
Discretionary Employer Contributions means an amount contributed to this Plan by the Company in accordance with Section 3.4.
Discretionary Employer Contributions means contributions made by the Company or a Participating Affiliate under section 4.4.