Mandatory Contribution definition

Mandatory Contribution means, as of a Change of Control, an amount equal to the excess of “A” over “B,” where -
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Mandatory Contribution of any Partner means an amount equal to the product of (i) such Partner's initial Percentage Interest times (ii) the Total Mandatory Contributions.
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Mandatory Contribution means the contribution payable under section 18(1), (2) and (3);
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Examples of Mandatory Contribution in a sentence

  • If so indicated such Mandatory Contribution shall be to the Plan and be treated as a contribution that satisfies section 3121(b)(7)(F) of the Code.

  • A contribution that is made pursuant to an Employee’s one-time irrevocable election made on or before the Employee’s first becoming eligible to participate under the Plan and a Mandatory Contribution made as a condition of employment that reduces an Employee’s compensation are treated as Employer Contributions to the Plan.

  • In addition, a Mandatory Contribution shall be made every six months thereafter, provided that the calculation of the Mandatory Contribution on the sixth-month date yields a positive dollar amount.

  • The Contractor shall tabulate the actual Performance Metrics outcome and present the actual results during each affiliated Quarterly Business Review (QBR).

  • Employers and employees will both have to pay a Mandatory Contribution of 5% of relevant income (which includes wages, salary, leave pay, fees, commission, bonuses, gratuities and allowances) to the Scheme.


More Definitions of Mandatory Contribution

Mandatory Contribution means any contribution a Member is required to make to the Company under the terms of this Agreement.
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Mandatory Contribution has the meaning set forth in Section 6.1(a) of this Agreement.
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Mandatory Contribution means such amount indicated in Schedule A to be credited to a Participant’s Account each Plan Year for which the Participant was an employee of the Employer.
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Mandatory Contribution means single payment, by a Signatory appointed under the Establishment Agreement, of a nonrefundable amount defined by the Committee.
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Mandatory Contribution means ( a) an amount that is required to be paid as a Contribution to the Scheme under section 7 A or 7 C of the Ordinance; (b) an amount that is required to be paid as a contribution
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Mandatory Contribution means an amount that is required to be paid as a
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Mandatory Contribution means an amount contributed to the
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