Common use of ¨    Mandatory Years/Periods of Service Formula Clause in Contracts

¨    Mandatory Years/Periods of Service Formula. The Employer must make a Non-Safe Harbor Matching Contribution for each Benefiting Participant equal to the Matching percentage indicated below of each Benefiting Participant’s Elective Deferrals based on the Benefiting Participant’s < ¨ 1-Year Periods of Service > < ¨ Years of Service, and a Year of Service for purposes of this Section is a Plan Year in which a Participant is credited with (max. 1,000) Hours of Service >, subject to any limitations indicated below. (check each tier that applies) Years/Periods of Service Matching % to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation >

Appears in 2 contracts

Samples: Enpro Industries, Inc, Enpro Industries, Inc

AutoNDA by SimpleDocs

¨    Mandatory Years/Periods of Service Formula. The Employer must make a Non-Safe Harbor Matching Contribution for each Benefiting Participant equal to the Matching percentage indicated below of each Benefiting Participant’s Elective Deferrals based on the Benefiting Participant’s < ¨ 1-Year Periods of Service > < ¨ Years of Service, and a Year of Service for purposes of this Section is a Plan Year in which a Participant is credited with (max. 1,000) Hours of Service >, subject to any limitations indicated below. (check each tier that applies) Years/Periods of Service Matching % to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation >

Appears in 1 contract

Samples: Enpro Industries, Inc

¨    Mandatory Years/Periods of Service Formula. The Employer must make a Non-Safe Harbor Matching Contribution for each Benefiting Participant equal to the Matching percentage indicated below of each Benefiting Participant’s Elective Deferrals based on the Benefiting Participant’s < ¨ 1-Year Periods of Service > < ¨ Years of Service, and a Year of Service for purposes of this Section is a Plan Year in which a Participant is credited with (max. 1,000) 1,000)k Hours of Service >, subject to any limitations indicated below. (check each tier that applies) Years/Periods of Service Matching % to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation >

Appears in 1 contract

Samples: Pacific Capital Bancorp /Ca/

AutoNDA by SimpleDocs

¨    Mandatory Years/Periods of Service Formula. The Employer must make a Non-Safe Harbor Matching Contribution for each Benefiting Participant equal to the Matching percentage indicated below of each Benefiting Participant’s Elective Deferrals based on the Benefiting Participant’s < ¨ 1-Year Periods of Service > < ¨ Years of Service, and a Year of Service for purposes of this Section is a Plan Year in which a Participant is credited with (max. 1,000max.1,000) Hours of Service >, subject to any limitations indicated below. (check each tier that applies) Years/Periods Service of Service Matching % to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation > to % < ¨ up to $ > < ¨ up to % of Compensation >

Appears in 1 contract

Samples: Western Digital Corp

Time is Money Join Law Insider Premium to draft better contracts faster.