Employer Matching Sample Clauses

Employer Matching. Contributions (fill in 1 or 6 as applicable; and if you select 1, then choose 2, 3, 4 or 5):
Sample 1Sample 2Sample 3See All (10)
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Employer Matching. To the extent provided in the Adoption Agreement, and subject to the limitation on Annual Additions as described in Article V of the Plan, for any Plan Year, the Employer shall contribute to the Plan on behalf of each eligible Participant an amount, in the form of "Matching Contributions", equal to a percentage of such Participant's Elective Deferral Contributions and/or Voluntary Employee Contributions. Separate subaccounts shall be established to account for and distinguish Matching Contributions made on account of Elective Deferral Contributions and Voluntary Employee Contributions. Matching Contributions made to such subaccount on behalf of a Participant, as adjusted for withdrawals thereof, investment gain and losses, and income or expenses, shall constitute such Participant's Employer Matching Contributions Account. A Participant's eligibility to share in Employer Matching Contributions for a Plan Year shall be determined in accordance with the Adoption Agreement. To the extent provided in the Adoption Agreement, any Matching Contributions made under this Section 3.2(a) on behalf of such Participant during the Plan Year, which are attributable to Excess Deferrals, shall be deemed forfeited. Matching Contributions shall be vested in accordance with Section 6(d)(2) of the Adoption Agreement. In any event, Matching Contributions shall be fully vested at Normal Retirement Age, upon the complete or partial termination of the profit sharing plan, or upon the complete discontinuance of Employer contributions. Matching Contributions attributable to excess deferrals will be forfeited and applied in the same manner as forfeitures under Section 8(b) of the Adoption Agreement.
Sample 1
Employer Matching. Contributions --- ------------------------------- Subject to the provisions of Article 5, the Employer shall contribute to the Trustee an amount referred to as Employer Matching Contributions, the amount of which shall be a percentage of each Depositing Participant's Participant Elected Contributions (subject to any adjustment in such Participant Elected Contributions as required under Article 5) in accordance with the formula provided in the Instrument of Adoption applicable to such
Sample 1
Employer Matching. Contributions will be made as of a date (the "Matching Contribution Allocation Date") for all Participants for whom Salary Reduction Contributions were made during the period ending on that Matching Contribution Allocation Date. The Matching Contribution Allocation Date will be the last day of each payroll period, unless it is elected in the Adoption Agreement that the Matching Contribution Allocation Date will be the last day of each calendar quarter or of the Plan Year. In each case, the period for whom the Employer Matching Contribution is made will be the "Matching Contribution Allocation Period."
Sample 1
Employer Matching. Contributions will be allocated to each Participant who was employed by an Employer on the Matching Contribution Allocation Date, except to the extent it is elected in the Adoption Agreement to apply one or more of the following rules:
Sample 1
Employer Matching. Contributions As of the last day of each Fiscal Year, the Employer and Member Employers may make a matching contribution to the Trust which, when combined with amounts in Limitation Accounts under Article 5, shall be sufficient, in total, to provide an allocation equal to 50% of the salary deferral contributions made for each Eligible Participant provided that the matching contribution for each Eligible Participant shall not exceed $600 in any Fiscal Year. Such matching contribution may, at the discretion of the Board, be changed to any amount, including zero. Effective July 1, 1994, the match amount shall change to an amount equal to 66-2/3% of the salary deferral contributions made for each Eligible Participant, provided that the matching contribution for each Eligible Participant shall not exceed $800 in any Fiscal Year.
Sample 1
Employer Matching. Contributions. To become eligible, an employee must complete (choose one):
Sample 1
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Related to Employer Matching

  • Employer Contributions If Employer contributions are permitted, complete (a) and/or (b). Otherwise complete (c).

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Employer Profit Sharing Contributions An Employee will be eligible to become a Participant in the Plan for purposes of receiving an allocation of any Employer Profit Sharing Contribution made pursuant to Section 10 of the Adoption Agreement after completing ________ (enter 0, 1, 2 or any fraction less than 2)

  • Elective Deferrals An Employee will be eligible to become a Contributing Participant in the Plan (and thus be eligible to make Elective Deferrals) and receive Matching Contributions (including Qualified Matching Contributions, if applicable) after completing 1 (enter 0, 1 or any fraction less than 1) Years of Eligibility Service.

  • DEFERRAL CONTRIBUTIONS The Advisory Committee will allocate to each Participant's Deferral Contributions Account the amount of Deferral Contributions the Employer makes to the Trust on behalf of the Participant. The Advisory Committee will make this allocation as of the last day of each Plan Year unless, in Adoption Agreement Section 3.04, the Employer elects more frequent allocation dates for salary reduction contributions.

  • EMPLOYEE CONTRIBUTIONS [X] (a) Participants shall be permitted to make Elective Deferrals in any amount from 1 % up to 15 % of their Compensation. If (a) is applicable, Participants shall be permitted to amend their Salary Savings Agreements to change the contribution percentage as provided below:

  • Participant Contributions If Participant contributions are permitted, complete (a), (b), and (c). Otherwise complete (d).

  • Plan Year Any reference to “

  • Deferral Account 3.1 Establishing and Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

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