Common use of Compensation Exclusions Clause in Contracts

Compensation Exclusions. Compensation shall exclude the item(s) listed below for purposes of determining Deferral Contributions, Employee Contributions, if any, and Qualified Nonelective Employer Contributions, or, if Subsection 1.01(b)(3), Profit Sharing Only, is selected, Nonelective Employer Contributions. Unless otherwise indicated in Subsection 1.05(b), these exclusions shall also apply in determining all other Employer-provided contributions. (Check the appropriate box(es); Options (2), (3), (4), (5), and (6) may not be elected with respect to Deferral Contributions if Option 1.10(a)(3), Safe Harbor Matching Employer Contributions, is checked): (1) ¨ No exclusions. (2) ¨ Overtime Pay. (3) ¨ Bonuses.

Appears in 2 contracts

Samples: Adoption Agreement (Kewaunee Scientific Corp /De/), Adoption Agreement (Cabot Microelectronics Corp)

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Compensation Exclusions. Compensation shall exclude the item(s) listed below for purposes of determining Deferral Contributions, Employee Contributions, if any, and Qualified Nonelective Employer Contributions, or, if Subsection 1.01(b)(3), Profit Sharing Only, is selected, Nonelective Employer Contributions. Unless otherwise indicated in Subsection 1.05(b), these exclusions shall also apply in determining all other Employer-provided contributions. (Check the appropriate box(es); Options (2), (3), (4), (5), and (6) may not be elected with respect to Deferral Contributions if Option 1.10(a)(3), Safe Harbor Matching Employer Contributions, is checked): (1) ¨ o No exclusions. (2) ¨ o Overtime Pay. (3) ¨ o Bonuses.

Appears in 1 contract

Samples: Adoption Agreement (Amphenol Corp /De/)

Compensation Exclusions. Compensation shall exclude the item(s) listed below for purposes of determining Deferral Contributions, Employee Contributions, if any, and Qualified Nonelective Employer Contributions, or, or if Subsection 1.01(b)(3), Profit Sharing Only, is selected, Nonelective Employer Contributions. Unless otherwise indicated in Subsection 1.05(b), these exclusions shall also apply in determining all other Employer-provided contributions. (Check the appropriate box(es); Options (2), (3), (4), (5), and (6) may not be elected with respect to Deferral Contributions if Option 1.10(a)(3), Safe Harbor Matching Employer Contributions, Contributions is checked): (1) ¨ No exclusions. (2) ¨ Overtime Pay. (3) ¨ þ Bonuses.

Appears in 1 contract

Samples: Adoption Agreement (Digitas Inc)

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Compensation Exclusions. Compensation shall exclude the item(s) listed below for purposes of determining Deferral Contributions, Employee Contributions, if any, and Qualified Nonelective Employer Contributions, or, if Subsection 1.01(b)(3), Profit Sharing Only, is selected, Nonelective Employer Contributions. Unless otherwise indicated in Subsection 1.05(b), these exclusions shall also apply in determining all other Employer-provided contributions. (Check the appropriate box(es); Options (2), (3), (4), (5), and (6) may not be elected with respect to Deferral Contributions if Option 1.10(a)(3), Safe Harbor Matching Employer Contributions, is checked): ): (1) ¨ / / No exclusions. . (2) ¨ / / Overtime Pay. . (3) ¨ /x/ Bonuses. (4) / / Commissions.

Appears in 1 contract

Samples: Adoption Agreement (Inhale Therapeutic Systems Inc)

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