Profit Sharing Contributions definition

Profit Sharing Contributions means the contributions made by a Participating Employer as provided in Article III.

Profit Sharing Contributions means profit sharing contributions made to the Plan by an Employer on behalf of a Participant before January 1, 1997. Effective January 1, 1997, the Company will not make any further Profit Sharing Contributions.

Profit Sharing Contributions means those discretionary contributions which an Employer may contribute to the Plan pursuant to Article IV of the Plan.

Examples of Profit Sharing Contributions in a sentence

• Compensation for the purposes of determining the amount and allocation of Profit Sharing Contributions shall be determined as follows (choose either (a) or (b), and (c) and/or (d), as applicable).

• In order to receive an allocation of Profit Sharing Contributions for a Plan Year, an Employee must be a Qualified Participant for this purpose.

• Qualified Non-Elective Contributions may be either (i) additional amounts contributed to the Plan by the Employer and allocated to the Accounts of Participating Employees who are not Highly Compensated Employees based on such Employees' Compensation or (ii) Profit Sharing Contributions otherwise made to the Plan pursuant to Section 4.1(a) hereof which the Employer designates as Qualified Non-Elective Contributions.

• Company Profit Sharing Contributions allocated prior to or as of July 31, 1997 shall be fully vested; Company Profit Sharing Contributions allocated thereafter shall be subject to the vesting provisions of Section 6.07.

• All of a Participant's Years of Service with the Employer shall be counted to determine the nonforfeitable percentage of his Employer Profit Sharing Contributions Account and/or his Employer Pension Contributions Account except those Years of Service excluded under item 7 of the Adoption Agreement.

More Definitions of Profit Sharing Contributions

Profit Sharing Contributions means the discretionary contribution, if any, determined by the Board or its delegate to be made to the Trust Fund and allocated to Participant Accounts under Plan section 6.1. Profit Sharing Contributions shall satisfy the additional requirements of Code section 401(k)(3)(D) and related regulations to qualify as qualified nonelective contributions within the meaning of Treasury regulation section 1.401(k)-1(g)(13)(ii), so that they may be used in the actual deferral percentage test of Code section 401(k), as provided in Plan section 4.6, or the contribution percentage test of Code section 401(m), as provided in Plan section 5.4.

Profit Sharing Contributions means the contributions made on behalf of a Participant pursuant to Section 6.1 of the Plan.

Profit Sharing Contributions means the Employer's discretionary contributions to the Plan made pursuant to Section 4.4.

Profit Sharing Contributions means the aggregate of a Member’s Basic Profit Sharing Contributions and Discretionary Profit Sharing Contributions.

Profit Sharing Contributions means any contributions made to the Profit Sharing Account of a Participant by a Participating Employer as provided for in Section 3.11.

Profit Sharing Contributions means the contributions made by the Company as provided in Article III.

Profit Sharing Contributions means the amounts contributed by the Company pursuant to Section 3.5.