Company Matching Contribution. (a) The Company matching contribution will be 50% of the employee’s contribution up to a maximum of 6% of the employee’s pay (a maximum Company contribution of 3% per pay period).
Company Matching Contribution. For each four shares of Restricted Stock acquired by the Participant pursuant to Section 1 above, whether in respect of base salary or bonus reductions, the Company shall simultaneously issue or allocate to the account of the Participant, for no additional consideration, one additional share of Restricted Stock (the “Company Match”), including fractional shares where necessary.
Company Matching Contribution. The Company will add fifty cents ($0.50) for each one dollar ($1.00) that employees contribute out of the first 5% of their pay deferred. Company match is initially invested in the same funds that the employee elects for their contributions.
Company Matching Contribution. The Company will add fifty cents ($.50) for each one dollar ($1.00) that associates contribute out of the first 5% of their pay deferred. Company match will be in Company stock only. . If corporate economic conditions deteriorate in all Company businesses to the extent that the Board of Directors place a moratorium on Company match contributions, on a company- wide basis, such moratorium will be applicable to those covered under this agreement.
Company Matching Contribution the Company will match 50% of each eligible employee’s contribution to the Savings Plan, up to the first six percent (6%) of eligible compensation (subject to a maximum Company matching contribution of 3% of eligible compensation per pay period and to the five-year graded vesting schedule provided for in Section 16.8.2.3).
