Employer Discretionary Contribution definition

Employer Discretionary Contribution means discretionary profit sharing contributions made to the Plan on behalf of a Participant.

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Employer Discretionary Contribution means the deferred compensation amount credited to the Employer Discretionary Contribution Account with respect to a Participant at the Employer's sole and absolute discretion, in accordance with Section 3.8 hereof.

Employer Discretionary Contribution means an optional, discretionary Employer contribution, other than a Matching Contribution, made to the Plan, with the amount of the contribution, if any, determined by the Company for each Plan Year.

Examples of Employer Discretionary Contribution in a sentence

Each Participant's Regular Account, Employer Discretionary Contribution Account, and Employer Matching Contribution Account shall vest in accordance with the vesting schedule elected in the Adoption Agreement.
If elected by the Employer in the Adoption Agreement, distributions may be made from a Participant's Elective Deferral, Qualified Nonelective Contribution Account, vested portion of the Participant's Employer Discretionary Contribution Account, or the vested portion of the Employer Matching Contribution Account on account of financial hardship if the distribution is necessary in light of the immediate and heavy financial needs of the Participant.
Unless otherwise specified in the Adoption Agreement, forfeitures, if any, will be allocated to Participants' Accounts in the following manner: Forfeitures of Employer Discretionary Contribution will be allocated in the same manner as are such contributions.
If a Participant is not already fully vested in his Regular Account, Employer Discretionary Contribution Account, and Employer Matching Contributions Account, he shall become so upon reaching Normal Retirement Age or Early Retirement Age, or upon his death or Total and Permanent Disability.
Any balance in the Regular Account, Employer Discretionary Contribution Account or in the Employer Matching Contribution Account, if any, of a Participant who is separated from service, to which he is not entitled under the foregoing provisions, shall be forfeited and applied as provided in Sections 3.2 and 4.2 of this Plan, and Section X(E) of the Dreyfus Standardized/Paired Prototype Target Benefit Plan and Trust Adoption Agreement.

More Definitions of Employer Discretionary Contribution

Employer Discretionary Contribution means the amount, if any, contributed by an Employer for the benefit of its employees, as an Employer Discretionary Contribution under the 401(k) Plan with respect to the Plan Year of reference.

Employer Discretionary Contribution or "Discretionary Contribution" means a contribution under Section 4.2 by Employer on behalf of a Participant.

Employer Discretionary Contribution means a special Employer contribution to an Account which is not an elective deferral of Compensation by a Participant. Rules are set forth in Section 5.

Employer Discretionary Contribution means the amount, if any, the Employer credits to a Participant’s Account as a nonelective contribution in accordance with Section 4.5 of the Plan.

Employer Discretionary Contribution means a contribution in cash or Employer Securities pursuant to section 6.4 by an Employer on behalf of a Participant.

Employer Discretionary Contribution means any Contribution made by an Employer other than the Employer Matching Contribution (together with the Employer Matching Contribution referred to as "Employer Contributions");

Employer Discretionary Contribution means a contribution to the Plan by the Employer on behalf of a Participant in accordance with Article 4.5(c) on account of such Participant’s Compensation.