ALLOCATION OF MATCHING CONTRIBUTIONS. If Matching Contributions will be made, allocations will be made to each Participant who satisfies the applicable requirements of Section E of this Participating Employer Agreement.
ALLOCATION OF MATCHING CONTRIBUTIONS. The Committee or its designee shall separately allocate the Matching Contribution made by an Employer among the Employer's Participants in the proportion which the matched Salary Deferral Contributions and matched After-Tax Contributions of each such Participant bears to the total matched Salary Deferral Contributions and matched After-Tax Contributions of all such Participants. Each Participant's proportionate share shall be credited to his Matching Contribution Account.
ALLOCATION OF MATCHING CONTRIBUTIONS. The Committee or its designee shall separately allocate the Matching Contribution made by an Employer among the Employer’s Participants in the proportion which the matched Salary Deferral Contributions, matched Catch-up Salary Deferral Contributions, and matched After-Tax Contributions of each such Participant bear to the total matched Salary Deferral Contributions and matched After-Tax Contributions of all such Participants. Each Participant’s proportionate share shall be credited to his Matching Contribution Account.
ALLOCATION OF MATCHING CONTRIBUTIONS. If Matching Contributions will be made, allocations will be made to each Participant who satisfies the requirements of Section
ALLOCATION OF MATCHING CONTRIBUTIONS. Employer Matching Contributions shall be allocated pursuant to the terms of the Basic Plan Document, notwithstanding the foregoing:
ALLOCATION OF MATCHING CONTRIBUTIONS. Employer Matching Contributions shall be allocated pursuant to the terms of the Basic Plan Document, notwithstanding the foregoing:
(A) [X] retirement (B) [ ] disability (C) [X] death (D) [ ] other, as specified below:
(A) [X] as of each pay period for which a contribution was made pursuant to a Salary Reduction Agreement.
(B) [ ] semi-monthly.
(C) [ ] as of the last day of the month preceding the month in which the contribution was made.
(D) [ ] as of the last day of the Plan quarter preceding the quarter in which the contribution was made.
(E) [ ] as of the last day of the Plan year.
ALLOCATION OF MATCHING CONTRIBUTIONS. (a) Any contribution made by an Adopting Company for a Plan Year shall first be allocated to the Matching Contributions Accounts of those Participants (i) employed thereby who have been credited with a Year of Service for such Year and (ii) who made Salary Reduction Contributions for the Plan Year as follows:
(1) For Plan Years beginning after June 30, 1998, the portion of such Adopting Company's contribution which equals the aggregate amount which, when allocated to the Matching Contributions Account of each Participant employed thereby on the basis of Fifty Cents ($0.50) for each One Dollar ($1.00) of such Participant's Xxx xxx Reduction Contribution for such Year up to but not exceeding One Thousand Dollars ($1,000.00) ($0.50 x $1,000.00 = $500.00 maximum), or such other amount as the Sponsoring Company may specify for such Plan Year, shall be allocated to each such Participant's Matching Contributions Account. All of such amounts shall be deemed to constitute Salary Reduction Contributions for all purposes hereof other than the provisions of Section 5.1(a)(5)
(2) Next, for Plan Years beginning after June 30, 1998, the portion of such Adopting Company's contribution which equals the aggregate amount which, when allocated to the Matching Contributions Account of each Participant employed thereby on the basis of Thirty Cents ($0.30) for each One Dollar ($1.00) of such Participant's Salary Reduction Contribution for such Year exceeding One Thousand Dollars ($1,000.00) up to but not to exceed Three Thousand Dollars ($3,000.00) ($0.30 x $2,000.00 = $600.00 maximum), or such other amount as the Sponsoring Company may specify for such Plan Year, shall be allocated to each such Participant's Matching Contributions Account. All of such amounts shall be deemed to constitute Salary Reduction Contributions for all purposes hereof other than the provisions of Section 5.1(a)(5).
(3) Next, for Plan Years beginning after June 30, 1998, the portion of Penhall Company's contribution which equals the aggregate amount which, when allocated to the Matching Contributions Account of each Participant employed by Penhall Company dba Highway Services (and only that division of the Sponsoring Company) on the basis of Thirty Cents ($0.30) for each One Dollar ($1.00) of such Participant's Salary Reduction Contribution for such Year exceeding Three Thousand Dollars ($3,000.00) up to but not to exceed Six Thousand Dollars ($6,000.00) ($0.30 x $3,000.00 = $900.00 maximum), or such oth...
ALLOCATION OF MATCHING CONTRIBUTIONS. Employer Matching Contributions shall be allocated pursuant to the terms of the Basic Plan Document, notwithstanding the foregoing:
i ________ A Participant who terminates before the end of the period for which contributions are allocated shall share in the allocation of Employer Matching Contributions if termination of employment was the result of (select all that apply):
(a) retirement (b) ______ disability (c) ______ death (d) ______ other, as specified below: -------------------------- -------------------------- --------------------------
ALLOCATION OF MATCHING CONTRIBUTIONS. (INCLUDING FORFEITURES). As soon as practicable after the end of each Plan Year, the Company shall deliver to the Committee a schedule showing the name of each Participant who (a) was an Employee of the Company on the Anniversary Date of such Plan Year and was credited with at least one thousand (1,000) Hours of Service during such Plan Year, or (b) died, retired on or after Normal Retirement Age or became disabled (within the meaning of Section 7.03) during such Plan Year and the amount of Matching Contributions (including forfeitures) made on his behalf pursuant to Section 4.02. The schedule shall also contain such other information as the Committee may reasonably require for the proper administration of the Plan. Upon receiving such schedule with respect to a Plan Year and after the account balances of the Participants have been adjusted as of such Anniversary Date as provided
ALLOCATION OF MATCHING CONTRIBUTIONS. Matching Contributions (and forfeitures in lieu thereof) made on behalf of a Participant made during any month shall be credited to his Pre-IPO Matching Contributions Account or Post-IPO Matching Contributions Account, pursuant to Sections 4.2 and 4.3 hereof, as of the day immediately following the date on which such contribution was made.