401-K Plan. Executive shall be entitled to participate in the Bank’s or Holding Company’s 401 (k) Plan subject to the eligibility and vesting requirements set forth in said Plan.
401-K Plan. After three (3) months of employment, employees shall be eligible to contribute to the Employer’s Union 401 (k) Plan (the Union 401 (k) Plan) in accordance with the terms of the Union 401 (k) Plan. Subject to the terms of the Union 401 (k) Plan, an employee’s contributions generally are deducted from the employee’s wages before any taxes are taken out. There is no match of employee contributions in the Union 401 (k) Plan. Loans and withdrawals from the Union 401 (k) Plan may only be made in accordance with the terms of the Union 401 (k) Plan and applicable laws.
401-K Plan. The Corporation will continue to provide a 401-K Plan, which the Employee can contribute to at his option.
401-K Plan. The Executive shall be eligible to participate in the Company’s 401(k) plan, including the Company’s match of the Executive’s contribution in the amount of up to maximum three percent (3%) of the Executive’s Annual Base Salary in effect at the time of the 401(k) plan contribution by the Executive, subject to a lower limit, if any, set by the United States Internal Revenue Service.
401-K Plan. Executive shall also be entitled to participate in the Residential Mortgage, LLC's 401-K Plan and be eligible for matching contributions under such plan, in accordance with the terms of such plan.
401-K Plan. The Employer shall provide a 401 K plan for members who choose to participate through payroll deductions. Whe n a worker contributes to the 401 K Plan, the Employer will concurrently contribute an equal amount up to a maximum of one percent (1%) of the worker' s gross wages. Employees electing to make contributions to the 401 K Plan are eligible to participate after completion of their probationary period and the next Open Enrollment Period thereafter.
401-K Plan. The EMPLOYER shall continue to provide all EMPLOYEES with the option of contributing to the Corporate Coffee Systems 401 (k) Plan. The 401(k) plan will be in accordance Corporate Coffee Systems company policy. If the EMPLOYER intends to change the 401(k)-plan mid contract, they will send thirty (30) days’ notice in writing to the Union and copy it to the Union via e-mail. The EMPLOYER agrees to meet with the UNION to discuss the plan changes.
401-K Plan. OBI shall continue to implement and Jebsen shall be entitled to participate, to the maximum extent allowed by law, in a retirement plan under Internal Revenue Code Section 401 (k).
401-K Plan. 36.1 The Company shall maintain a 401(k) plan at a qualified financial institution, and all Employees shall be eligible participants in the plan, following six (6) months from the commencement of their employment.
36.2 The Employer shall pay all administrative costs, governmental and individual reporting costs and fiduciary fees associated with the maintenance of the 401(k) plan.
36.3 The Employer shall permit all eligible Employees to allocate a portion of their compensation to the Employees 401(k) account, within the rules, regulations and guidelines established and imposed, from time to time, by the federal government.
36.4 The Employee will have the option of investing contributions in up to six (6) separate investment plans established by the fiduciary. The Employee may transfer his accumulated funds from one investment plan to another in accordance with the plan.
36.5 The Employer shall match fifty percent (50%) of Employee contributions, not to exceed six percent (6%) of the Employee’s total compensation, such that the Employer will not be responsible to match more than three percent (3%) of the Employees total compensation. All sums contributed by the Employee and the Employer shall be vested immediately.
36.6 For employees hired after November 1, 2013, the Employer shall match fifty percent (50%) of Employee contributions, not to exceed two percent (2%) of the Employee’s total compensation, such that the Employer will not be responsible to match more than one percent (1%) of the Employees total compensation.
401-K Plan. The Company maintains a qualified 401-K Plan to which ---------- employees of the Company are eligible to contribute without matching or other contribution by the Company. Subject to the Company's right to terminate the Plan in accordance with applicable law, the Company and the Employee agree that the Company will permit the Executive to continue to contribute to such plan through the remaining Settlement Agreement Term as if the Executive remained a full-time employee of the Company through such date.
