403 (b) Plan Sample Clauses

403 (b) Plan. In addition to the contribution to the Director’s 403 (b) Plan, as noted in the Act 93 Agreement applicable to a Tier 1 employee, the School District shall also pay an additional .50 percent of the Director's annual compensation to her 403 (b) Plan.
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403 (b) Plan. The District will also provide a match to any employee, represented by this Agreement, who contributes to his or her own 403(b) plan. The District match of up to two percent (2%) of the employee’s salary will continue as long as the employee contributes to the 403(b) plan and remains employed with the District.
Sample 1
403 (b) Plan. Effective September 1, 2015, the Committee agrees to establish a 403-B plan for all bargaining unit members. For the 2017 school year the employer will match up to three hundred ($300) dollars contributed by each employee.
Sample 1

Related to 403 (b) Plan

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

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