401(k) Retirement Plan. Upon commencement of Employee’s employment with the Company and obtaining valid immigration and/or work authorization status in the United States, Employee shall be eligible to make contributions to a 401(k) Retirement Plan sponsored by the Company. The Company’s current practice is to match Employee’s contribution to Employee’s 401(k) Retirement Plan as follows: 100% Company matching contribution on the first 3% of pay that Employee contributes; and 50% Company matching contribution on the next 2% of pay that Employee contributes. In addition, if Employee participates in the Company’s 401(k) Plan, and if the Company meets certain financial targets, Employee may receive an additional annual Company retirement contribution.
401(k) Retirement Plan. It is understood and agreed that EMPLOYEE did participate in a retirement plan offered by COMPANY and therefore COMPANY has no further obligation to withhold any deductions nor make any contributions to any such plan on behalf of EMPLOYEE. Therefore, for purposes of the retirement plan, EMPLOYEE is no longer considered an employee and voluntary contributions will not be withheld from the separation payment.
401(k) Retirement Plan. 16.1 The Carrier shall provide a 401(k) retirement plan on the same terms as they apply to other employees of the CMQ and as they may be amended from time to time.
16.2 Employees must meet the qualifying criteria described in the plans before they become eligible to receive benefits.
16.3 Employees should refer to the plan documents for exact details of 401(k) retirement plan.
401(k) Retirement Plan. PNA pays up to a 5% match of the employee’s contribution. There is a maximum Company contribution as may be established from time to time by the Internal Revenue Service. The vesting period for Company contributions is 5 years.
401(k) Retirement Plan. Resident physicians are eligible to participate in the 401K Retirement benefits. Plans vest after three years with UPHDM, allowing residents to carry matched savings. The "Appeals Procedure for the Resident" defines the proper procedure for handling any questions or concerns that may arise during the training period.
401(k) Retirement Plan. Section 1: The Company shall make available to its Employees the ATU 401K Retirement Savings Program. Section 2: Participation in the plan is not mandatory.
401(k) Retirement Plan. The Company will establish a 401K plan which will become effective July 1, 2006. The Company will contribute 25% up to the first 4% of employee’s pay. All Pilots will be able to contribute up to the maximum amount allowable by law.
401(k) Retirement Plan. A 401(K) Retirement Plan will be established for engineers as described on Attachment
401(k) Retirement Plan. Transition Projects has an employee matching deferred compensation plan (401(k) plan). This retirement plan is available to employees after one year of employment. Transition Projects will match a minimum of 3% of an employee’s gross salary.
401(k) Retirement Plan. The Employee shall be entitled to participate in the Company’s 401K Plan, if any, on the same terms offered to the Company’s exempt, salaried, executive employees generally during the Employment Term.
