Common use of Compensation for the First Year of Participation Clause in Contracts

Compensation for the First Year of Participation. Contributions for the Plan Year in which an Employee first becomes a Participant shall be determined based on the Employee's Compensation as provided below. (Complete by checking the appropriate box.) (1) o Compensation for the entire Plan Year. (2) þ Only Compensation for the portion of the Plan Year in which the Employee is eligible to participate in the Plan.

Appears in 2 contracts

Samples: Adoption Agreement (Atlas Financial Holdings, Inc.), Adoption Agreement (Atlas Financial Holdings, Inc.)

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Compensation for the First Year of Participation. Contributions for the Plan Year in which an Employee first becomes a Participant shall be determined based on the Employee's ’s Compensation as provided below. (Complete by checking the appropriate box.)check one): (1) o Compensation for the entire Plan Year. (2) þ Only Compensation x for the portion of the Plan Year in which the Employee is eligible to participate in the Plan.

Appears in 1 contract

Samples: Adoption Agreement (Amphenol Corp /De/)

Compensation for the First Year of Participation. Contributions for the Plan Year in which an Employee first becomes a Participant shall be determined based on the Employee's Compensation as provided below. (Complete by checking the appropriate box.) check one): (1) o Compensation / / for the entire Plan Year. (2) þ Only Compensation for the portion of the Plan Year in which the Employee is eligible to participate in the Plan.

Appears in 1 contract

Samples: Adoption Agreement (Inhale Therapeutic Systems Inc)

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Compensation for the First Year of Participation. Contributions for the Plan Year in which an Employee first becomes a Participant shall be determined based on the Employee's ’s Compensation as provided below. (Complete by checking the appropriate box.) (1) o x Compensation for the entire Plan Year. (2) þ ¨ Only Compensation for the portion of the Plan Year in which the Employee is eligible to participate in the Plan.

Appears in 1 contract

Samples: Defined Contribution Plan (Acadia Pharmaceuticals Inc)

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