Company Matching Contributions. The Company matching contribution shall be equal to seventy-five (75)fifty
Company Matching Contributions. 6.3(a) Effective January 1, 2019, employees arewill be eligible for a Company matching contribution to the VIP for each pay period equal to 75 percent of the employee’s combined pre- tax, after-tax and XXXX contributions, up to the first 8 percent of base pay the employee contributes to the VIP. Employees arewill be 100 percent vested immediately in this Company matching contribution.
Company Matching Contributions. 4 The Company matching contribution shall be equal to seventy-five fifty 5 (750) percent of the first eight (8) percent of the employee’s contributions.
Company Matching Contributions. As of the last day of each Plan Quarter, each Employer shall make a contribution (the “Company Matching Contribution”) in cash or, if appropriate, in shares of Company Stock, to the Trust in such amount as may be determined by the Committee, to be allocated among the Company Matching Contribution Accounts of Participants in accordance with Section 5.01 hereof. In no event, however, shall any Company Matching Contribution for any Plan Quarter by any Employer be required. In addition, in no event, however, shall any Company Matching Contributions, when added to any Company Contributions and Elective Contributions, exceed the maximum deductible contribution under Code Section 404(a) including any amount which may be deductible by the Employer under the carryover provisions of the Code.
Company Matching Contributions. Notwithstanding any provision of Section 7.2 or Section A-4.4 to the contrary, the following provisions shall apply:
Company Matching Contributions. As of the last day of each calendar year or such earlier time or times as the Committee may determine, the Company may make a matching contribution to the Trust in such amount as the Board shall specify.
Company Matching Contributions. Before-tax, Xxxx and/or after-tax employee elective deferrals of up to eighty-four dollars ($84) per week are subject to Company matching contributions at the rate of 50%.
Company Matching Contributions. Notwithstanding any provision of Section 7.2 to the contrary, the amount of a Company Matching Contribution for a Plan Year on behalf of any HRT Participant who has not completed at least one Year of Service (disregarding for these purposes all Textron Service) shall be equal to fifty percent (50%) of the sum of the HRT Participant’s Pre-Tax Deferral Contributions and Xxxx Deferral Contributions (excluding Catch-up Contributions) up to a maximum of five percent (5%) of the HRT Participant’s Eligible Pay. Notwithstanding the foregoing, or Section 7.2 of the Plan, effective as of January 1, 2010, the following provisions shall apply:
Company Matching Contributions. The Company shall contribute to a Company Account on behalf of each Member. Such contribution shall be equal to one hundred (100) percent of the first four (4) percent of the Member's elective contribution.
Company Matching Contributions. (a) For each Plan Year commencing effective for the entire payroll period ending on January 9, 1998, the Employer will make a matching contribution ("Company Matching Contributions") on behalf of each Participant who makes Tax-Deferred and After-Tax Savings Contributions which are equal to or less than (1) 5% of such Participant's Applicable Compensation if he has less than 3 years of Vesting Service, (2) 6% of such Participant's Applicable Compensation if he has 3 or more years of Vesting Service but less than 6 years of Vesting Service, or (3) 7% of such Participant's Applicable Compensation if he has 6 or more years of Vesting Service. (b) Notwithstanding subsection (a), the maximum Company Matching Contributions for each Affected Union Employee will be (1) 4% of such Participant's Applicable Compensation if he has less than 3 years of Vesting Service, (2) 5% of such Participant's Applicable Compensation if he has 3 or more years of Vesting Service, but less than 6 years of Vesting Service, or (3) 6% of such Participant's Applicable Compensation if he has 6 or more years of Vesting Service. For purposes of this subsection (b), "Affected Union Employee" means each Participant who is employed by the Employer within any of the following bargaining units: (i) OCAW Local No. 7-736-Wood River (ii) OCAW Local No. 7-1-Xxxxxxx Refinery (iii) OCAW Local No. 7-1-Whiting Terminal (iv) OCAW Local No. 7-1-Xxxxxxx Refinery (Guards) (v) OCAW Local No. 6-10-Mandan Refinery (vi) OCAW Local No. 4-449-Texas City Chemicals (vii) OCAW Local No. 4-449-Texas City Refinery (viii) OCAW Local No. 2-286-Salt Lake Refinery (ix) OCAW Local No. 3-1-Yorktown Refinery." 4. Section 8.2 is amended by deleting the second and third sentences thereto and inserting in lieu thereof the following sentence: "A Participant may not have more than two outstanding loans." 5. Section 9.4 is amended by revising the penultimate sentence thereto to read as follows: "If a Participant makes a withdrawal from his Tax- Deferred Savings Account he will be prohibited from making any Savings Contributions until the first day of the first payroll period commencing 12 months following the last day of the payroll period during which the distribution of the withdrawal occurred." ***************************************************************** I, X. X. Xxxxxxxx, Senior Vice President of Amoco Corporation (Human Resources), hereby approve and adopt the foregoing amendment of the Amoco Employee Savings Plan, effect...
