Maximum Contribution definition

Maximum Contribution. The ACFD’s maximum contribution will be ninety percent (90%) of either the Kaiser single or 2-party rate (as applicable) less the MEC with the application of the formula in 11.B.1.c.ii. (Years of Service) below, but in no event will the ACFD contribution be less than the MEC. When the retiree reaches Medicare age eligibility, the ACFD’s maximum contribution will be up to ninety percent (90%) of the Kaiser Senior Advantage single or 2- party rate (as applicable), less the MEC.
Maximum Contribution means aggregate Capital Contributions totaling the maximum offering amount for the Interests, as set forth in the Memorandum.
Maximum Contribution means the maximum amount of Compensation which each Employee may deduct for the purpose of purchasing shares of Common Stock under the Plan. The Maximum Contribution, which shall be ten percent (10%) of Compensation or such other percentage (in whole percentages) of Compensation as may from time to time be determined by the Committee on a uniform basis with respect to all Participants.

Examples of Maximum Contribution in a sentence

  • Maximum Funds means, for each Project, the sum of Canada’s Maximum Contribution and Ontario’s Maximum Contribution as set out in Sub-schedule “C.1” (Project Description and Financial Information).


More Definitions of Maximum Contribution

Maximum Contribution means the maximum aggregate Monthly Contribution which an Optionholder may make under all Savings Contracts linked to options granted to him under the Plan or any other savings-related share option plan approved by HMRC under Part 8 of Schedule 3, being the lesser of:
Maximum Contribution means the maximum aggregate Monthly Contribution which a Participant may make under all Savings Contracts linked to options granted to that Participant under the Plan or any other savings-related share option plan registered with HMRC under Part 8 of Schedule 3, being £500 per month or any other maximum amount specified for the purposes of paragraph 25(3) of Schedule 3 from time to time;
Maximum Contribution means the maximum aggregate Monthly Contribution which a Participant may make under all Savings Contracts linked to options granted to him under this Plan or any other savings-related share option plan approved by the Inland Revenue under Schedule 9, being the lesser of:
Maximum Contribution means such maximum monthly contribution as may be determined from time to time by the Board in accordance with Rule 2.1(d);
Maximum Contribution means maximum amount of Employer Contribution which a Participant may receive hereunder with respect to the Plan Year of reference, and shall be computed under the Maximum Contribution Formulae set forth on Schedule A.
Maximum Contribution means the maximum amount payable by the Program to the Vendor for a particular group of components specified in the Product Manual, for which ADP will fund 75% of any retail price up to that amount.
Maximum Contribution. In any Top-Heavy Plan Year, a Participant otherwise eligible to share in Contributions or Forfeitures, but who is paid for fewer than 1,000 Hours of Service, shall be limited to a maximum allocation of Contributions and Forfeitures of 3% Percent of Compensation from all the retirement plans maintained by the Company. Said contribution shall be provided first from a Money Purchase Pension Plan, if applicable, in an amount equal to 1% of Compensation and the remainder of the 3% contribution shall next be provided from the Profit Sharing Plan in an amount equal to 2% of Compensation. In the event said contribution is not made from the above-mentioned Plans, said maximum contribution shall be provided by this Plan maintained by the Company. If a Participant also participates in another defined contribution plan maintained by Company, then the Maximum Contribution referred to above shall be reduced by any allocation made on his behalf to said other defined contribution plan.