Employer Credits definition

Employer Credits means the amounts credited to the Participant’s Deferred Compensation Account by the Employer pursuant to the provisions of Section 4.2.
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Employer Credits means the amount credited to the Plan by the Employers pursuant to Section 3.03.
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Employer Credits means an allocation described in Section 3.02(b).
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Examples of Employer Credits in a sentence

  • A Participant shall become fully vested in the portion of the Deferred Compensation Account attributable to Employer Credits, and income, gains and losses attributable thereto, in accordance with the vesting schedule and provisions designated by the Employer in the Adoption Agreement.

  • If Change in Control was elected as a vesting event in the Adoption Agreement, participants accounts shall be fully vested upon a Change in Control, however new vesting schedules may be applied to future Employer Credits.

  • All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.


More Definitions of Employer Credits

Employer Credits means amounts credited to a Participant’s Plan Account pursuant to Section IV.D, consisting of Matching Credits and Non- Elective Credits.
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Employer Credits means the amounts credited to the Participant’s Deferred Compensation Account pursuant to the provisions of Section 4.2.
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Employer Credits means the amounts credited to
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Employer Credits means, collectively, Employer Discretionary Credits and Other Employer Credits.
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Employer Credits means the amounts credited to the Participant'sDeferred Compensation Account by the Employer pursuant to the provisions of Section 4.2.
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Employer Credits means amounts credited to a Participant’s Plan Account pursuant to Section IV.D.
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Related to Employer Credits

  • Matching Contributions means local cash and/or in-kind contributions made by the Subrecipient, subcontractor, or other local resources that qualify as match for the Contract funding.

  • Qualified Matching Contributions means any Participating Employer Contributions to this Plan on behalf of Eligible Employees, provided that amounts attributable to such contributions are not distributable merely on account of the Employee’s hardship and are immediately vested.

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.