Employer Basic Contributions definition

Employer Basic Contributions means the amount contributed by the Employer under Section 3.2 of the Plan.
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Employer Basic Contributions means the contributions made by an Employer on behalf of a Participant pursuant to Section 3.02 of the Plan.
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Employer Basic Contributions means the contributions made by an Employer on behalf of a Participant attributable to Plan Years from January 1, 2009 through December 31, 2013.
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Examples of Employer Basic Contributions in a sentence

  • The amount of forfeitures resulting from Employer Matching Contributions will reduce future amounts contributed by the Employer for Employer Basic Contributions, Employer Transitional Contributions and Employer Matching Contributions or to pay reasonable expenses of the Plan.

  • The bookkeeping accounts maintained by the Service Provider on behalf of the Employer, with appropriate sub-accounts, to reflect (i) Salary Deferral Contributions contributed to the Plan, as may be elected by each Participant; (ii) Employer Contributions (whether Employer Matching Contributions, Employer Basic Contributions or Employer Special Contributions), each as adjusted for investment experience, transfers, withdrawals and distributions made in accordance with this Plan.

  • Employer Basic Contributions, Employer Transitional Contributions, Employee Elective Contributions and Employer Matching Contributions collectively shall not be in excess of the maximum amount allowable as a deduction for federal income tax purposes under Section 404 of the Code.

  • To the extent authorized, Employer Basic Contributions shall be allocated to the accounts of Participants as may be specified in the attached Schedule C.

  • Employer Basic Contributions Shall be invested in: ___ Employer Stock Fund ___ Employer Certificate of Deposit Fund ___ Any Investment offered by the Employer d.

  • The Plan Manager may correct a failure of the Actual Deferral Percentage test for a Plan Year by (i) designating some or all of the Employer Matching Contributions for the Plan Year, if any, as qualified matching contributions and/or (ii) designating some or all of the Employer Basic Contributions and Employer Transitional Contributions for the Plan Year, if any, as qualified nonelective contributions.

  • Salary Reduction Contributions, ▇▇▇▇ Contributions, Employer Basic Contributions, and Special Contributions are 100% vested at all times.

  • Any Employer Basic Contributions, Employer Transitional Contributions and Employer Matching Contributions to which a terminated Participant is entitled as of the last Valuation Date of the year of severance, shall be added to the Participant’s existing Account, or if the Participant’s Account has already been distributed to the Participant, shall be distributed as soon as practicable after the date such contributions are made to the Trust.


More Definitions of Employer Basic Contributions

Employer Basic Contributions means the contributions made by an Employer on behalf of a Participant attributable to Plan Years from January 1, 2009 through December 31, 2013.” 5. New definitions are added to Article 1 of the Plan as Section 1.44 and 1.45 and the existing Sections 1.44 through 1.54 are re-numbered as Sections 1.46 through 1.56. Sections 1.44 and 1.45 shall read as follows:
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Employer Basic Contributions. An amount, as determined in the discretion of the Employer, which will be allocated to the Accounts of Participant's pursuant to Schedule C; d) Employer Matching Contributions: An amount, as may be specified in the Joinder Agreement, computed as a matching amount to any contribution made pursuant to a Salary Reduction Agreement.
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