Annual Contribution. The Bank shall establish an Account Balance on its books. Within three months after the end of each Plan Year the Bank shall credit the Annual Contribution to the Account Balance provided the Performance Goals were achieved for the Plan Year. Contributions to the Account Balance by the Executive are prohibited. Discretionary contributions by the Bank are likewise prohibited. The Annual Contribution shall not be made by the Bank for the Plan Year in which the Executive attains Normal Retirement Age or for any year thereafter. However, if the Performance Goals are achieved for the Plan Year in which the Executive attains Normal Retirement Age (and if Separation from Service does not occur before Normal Retirement Age), the Bank shall make a final contribution in an amount equal to the Annual Contribution multiplied by a percentage. The percentage shall equal the number of days in the Plan Year before the Executive attained Normal Retirement Age divided by 365. No Annual Contributions shall be made by the Bank for the Plan Year in which the Executive’s death or Separation from Service occurs or for any year thereafter (except for a final contribution for the year in which the Executive attains Normal Retirement Age, unless Separation from Service occurs before Normal Retirement Age).
Annual Contribution. The Bank shall establish an Account Balance on its books. Within three months after the end of each Plan Year the Bank shall credit the Annual Contribution to the Account Balance provided the Performance Goals were achieved for the Plan Year. Contributions to the Account Balance by the Executive are prohibited. Discretionary contributions by the Bank are likewise prohibited. However, if the Performance Goals are achieved for the Plan Year in which the Executive has a Separation from Service or dies, the Bank shall make a final contribution in an amount equal to the Annual Contribution multiplied by a percentage. The percentage shall equal the number of days in the Plan Year before the Executive’s Separation from Service or death divided by 365.
Annual Contribution. 4.1 The landowner authorises the Minister to retain the annual contribution from each management payment made to the landowner.
Annual Contribution. 6. The contribution is set by the parties to the collective labour every year, upon having been advised by the Committee of Consultation. The contribution shall be payable by the employee and shall be 0% of the tax base for the Extended WGA benefit shortfall insurance in 2015.
Annual Contribution. Current Contribution for the year Check enclosed for: $ This contribution does not exceed the maximum permitted amount for the year of contribution as described in the Universal Individual Retirement Account Disclosure Statement, available at xxx.xxxxxxxxxxxxx.xxx.
Annual Contribution. (a) The Owner authorises the Minister to deduct and retain the Annual Contribution for the relevant Payment Year (and any outstanding Annual Contributions from any previous Payment Year) from each Management Payment made to the Owner.
Annual Contribution. Unless a Participant opts out pursuant to Section 8.a.(ix), below, each Participant shall provide annual funding to the Consortium pursuant to this Agreement in the amounts set forth in the Cost Sharing Summary (“Annual Contribution”), which is attached hereto as Attachment “A” and incorporated by reference herein. So long as a Participant does not opt out, Annual Contributions shall be made by each Participant jurisdiction on an annual basis, as set forth herein, through the Term (as defined below) of this Agreement.
Annual Contribution. My contribution for the year: $ Check enclosed for: $ This contribution does not exceed the maximum amount permitted for the year of contribution as described in the IRA Account Information Kit, available at xxx.xxxxxxxxxxxxx.xxx.
Annual Contribution. The Company shall determine the amount of Contribution payable as at the Effective Date of the Master Policy and at each subsequent Annual Renewal Date on the basis of the actuarial valuation certificate of the Employer’s gratuity scheme submitted to the Company by the Master Policyholder. The Master Policyholder understands and agrees that the Contribution is not guaranteed and may vary from year to year. 2.2
Annual Contribution a) The Corporation will contribute annually the greater of Six Hundred Dollars ($600.00) or an amount equal to one and one-half percent (1.5%) of the teacher’s salary to each teacher’s 401(a) account based solely on Appendix A Teacher Salary Schedule. The annual contribution will be paid to any teacher who is employed on December 15th with the annual contribution being a lump sum contribution to the eligible teacher's 401(a) account on or before January 15th.
