Amount and Eligibility. If you remain an employee of RAI or any affiliate of or successor to RAI (collectively, the “Company”) until December 31, 20 (the “Retention Date”), the Company will pay you a retention bonus in an amount equal to $ (the “Retention Bonus”). If your employment with the Company terminates for any reason prior to the Retention Date, no Retention Bonus will be payable under this Retention Bonus Agreement.
Amount and Eligibility. If neither of the section 401(k) tests set forth in Section 2.1 of this Appendix has been satisfied and a distribution of “excess contributions” has not been made pursuant to Section 2.2 of this Appendix, then the Employer shall make a discretionary contribution for that Plan Year. Only those Participants who were not eligible Highly Compensated Employees for that Plan Year and for whom some contribution was made pursuant to Section 5.2 of the Plan document for such Plan Year shall share in such allocation. This allocation shall be made first to the Participant with the least amount of compensation and then, in ascending order of compensation, to other Participants. The amount of the Employer discretionary contribution to be so allocated shall be that amount required to cause the Plan to satisfy either of the section 401(k) tests set forth in Section 2.1 of this Appendix for the Plan Year; provided, however, that in no case shall amounts be so allocated to cause a Participant’s deferral percentage to exceed twenty percent (20%). Such Employer discretionary contribution shall be treated as elective contributions subject to Treasury Regulation § 1.401(k)-1(b)(5), which is incorporated herein.
Amount and Eligibility. If neither of the section 401(m) tests set forth in Section 3.1 of this Appendix has been satisfied and a distribution of “excess aggregate contributions” has not been made pursuant to Section 3.2 of this Appendix, then the Employer shall make an additional matching contribution for that Plan Year. Only those Participants who were not eligible Highly Compensated Employees for that Plan Year and who were entitled to receive an Matching Contribution shall share in such allocation. This allocation shall be made first to the Participant with the least amount of compensation and then, in ascending order of compensation, to other Participants. The amount of the Matching Contribution to be so allocated shall be that amount required to cause the Plan to satisfy either of the section 401(m) tests set forth in Section 3.1 of this Appendix for the Plan Year.
Amount and Eligibility. The Employer shall contribute to the Trustee for deposit in the Fund and for crediting to the eligible Participant's Employer Stock Contribution Account an amount which will equal one hundred percent (100%) of the first three percent (3%) of reduction in recognized compensation under the Xxxxxxxxx Company, Inc. Retirement Savings Plan for the Plan Year which was agreed to by the eligible Participant pursuant to a retirement savings agreement. Such Employer fixed matching contributions shall be delivered to the Trustee for deposit in the Fund not later than the time prescribed by federal law (including extensions) for filing the federal income tax return of the Employer for the taxable year in which the Plan Year ends.
Amount and Eligibility. An employeeA unit member may be reimbursed up to a maximum of two thousand dollars ($2,000.00) within one fiscal year for tuition and related enrollment/registration expense paid for courses of study in an off-duty status if the subject matter content of the course is closely related to the employee's unit member’s present work assignment or in an undergraduate or post graduate program related to the employee's unit member’s work assignment. There must be a reasonable expectation that the employee's unit member’s work performance or value to the City will be enhanced as a result of the course of study.
Amount and Eligibility. In the event of a death in an Employee's immediate family, up to three (3) consecutive day’s absence with pay, between Monday and Friday, shall be allowed starting from the date of death to and including the date of the funeral. Immediate family is defined as including spouse, children, father, mother, brother, sister, grandparents, and grandparents of spouse, grandchildren, father-in-law, mother-in-law, son-in-law, daughter- in-law, sister-in-law and brother-in-law.
Amount and Eligibility
