Minimum Monthly Contribution definition

Minimum Monthly Contribution means a Monthly Contribution of £10 or such lower amount specified by the Committee in respect of an invitation under Rule 3, provided such lower amount is no less than £5;
Minimum Monthly Contribution means $4,000,000.00.
Minimum Monthly Contribution means in relation to each Invitation the minimum Monthly Contribution (if any) expressed in the Relevant Currency which may be made by an Option Holder as determined by the Committee;

Examples of Minimum Monthly Contribution in a sentence

  • Based on the satisfaction of the performance goals, the Annual Incentive Contribution amount ranges between zero percent (0%) and one hundred percent (100%) of the annualized Minimum Monthly Contribution as shown in the table below.

  • The Annual Incentive Contribution shall be calculated as a percentage of the total Minimum Monthly Contribution required annually above under Paragraph 4.1 [$167,028 ($13,919 X 12)].


More Definitions of Minimum Monthly Contribution

Minimum Monthly Contribution means the minimum amount of Remuneration that a Participant must contribute towards the acquisition of Investment Shares per month, which amount shall be determined by the Plan Administrator;
Minimum Monthly Contribution means in relation to any invitation to participate in the Plan and Options granted in respect of such invitation £5 or such other amount as the Board shall determine as the minimum monthly contribution;

Related to Minimum Monthly Contribution

  • Contribution Percentage Amounts means the sum of the Employee Contributions, Matching Contributions, and Qualified Matching Contributions (to the extent not taken into account for purposes of the ADP test) made under the Plan on behalf of the participant for the Plan Year. Such Contribution Percentage Amounts shall not include Matching Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions. If so elected in the adoption agreement the Employer may include Qualified Nonelective Contributions in the Contribution Percentage Amounts. The Employer also may elect to use Elective Deferrals in the Contribution Percentage Amounts so long as the ADP test is met before the Elective Deferrals are used in the ACP test and continues to be met following the exclusion of those Elective Deferrals that are used to meet the ACP test.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Average Contribution Percentage means the average of the Contribution Percentages of the Eligible Participants in a group.

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Actual Contribution Percentage means the average of the Contribution Percentages of the Eligible Participants in a group.