Common use of Basic Matching Contributions Clause in Contracts

Basic Matching Contributions. The Employer shall make Basic Matching Contributions equal to 100% of the first 3% of the Eligible Participant’s Plan Compensation contributed as Elective Deferral Contributions and 50% of the next 2% of the Eligible Participant’s Plan Compensation contributed as Elective Deferral Contributions and shall be based upon (select one): ¨ (a) each payroll period. ¨ (b) the Plan Year.

Appears in 1 contract

Samples: Non Standardized (Atlas America Inc)

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Basic Matching Contributions. The Employer shall make Basic Matching Contributions equal to 100% of the first 3% of the Eligible Participant’s 's Plan Compensation contributed as Elective Deferral Contributions and 50% of the next 2% of the Eligible Participant’s 's Plan Compensation contributed as Elective Deferral Contributions and shall be based upon (select one): ¨ (a) each payroll period. ¨ (b) the Plan Year.

Appears in 1 contract

Samples: Non Standardized (Colfax CORP)

Basic Matching Contributions. The Employer shall make Basic Matching Contributions equal to 100% of the first 3% of the Eligible Participant’s Plan Compensation contributed as Elective Deferral Contributions and 50% of the next 2% of the Eligible Participant’s Plan Compensation contributed as Elective Deferral Contributions and shall be based upon (select one): ¨ o (a) each payroll period. ¨ (b) the Plan Year.

Appears in 1 contract

Samples: SXC Health Solutions Corp.

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Basic Matching Contributions. The Employer shall make Basic Matching Contributions equal to 100% of the first 3% of the Eligible Participant’s 's Plan Compensation contributed as Elective Deferral Contributions and 50% of the next 2% of the Eligible Participant’s 's Plan Compensation contributed as Elective Deferral Contributions and shall be based upon (select one): ¨ (a¨(a) each payroll period. ¨ (bperiod ¨(b) the Plan Year.

Appears in 1 contract

Samples: Books a Million Inc

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