Company Contribution. Subject to the provisions of Paragraphs 4.3 and 4.4, for each pay period, the Company shall pay to the Trustee a contribution on behalf of each Member equal to 160 percent of the Member's Elective Deferrals for the pay period which do not exceed five percent of the Member's Earnings for the pay period. This contribution shall be made no later than 30 days following the date on which the related Member Deferrals are made, and except for Members who have attained age 55, shall be made under the ESOP Part of the Plan."
Appears in 2 contracts
Samples: Atlantic Richfield Capital Accumulation Plan Ii Amendment (Atlantic Richfield Co /De), Capital Accumulation Plan Amendment (Vastar Resources Inc)
Company Contribution. Subject to the provisions of Paragraphs 4.3 and 4.4Paragraph 4.3, for each pay period, the Company shall pay to the Trustee a contribution on behalf of each Member equal to 160 percent of the Member's Elective Deferrals for the pay period which do not exceed five percent of the Member's Earnings for the pay period. This contribution shall be made no later than 30 days following the date on which the related Member Deferrals are made, and except for Members who have attained age 55, shall be made under the ESOP Part of the Plan."
Appears in 2 contracts
Samples: Atlantic Richfield Capital Accumulation Plan Iii (Atlantic Richfield Co /De), Capital Accumulation Plan Amendment (Vastar Resources Inc)
