Common use of Contribution Formula Clause in Contracts

Contribution Formula. Non-Safe Harbor Matching Contribution # 2 made pursuant to the terms of this Addendum will be determined in accordance with the formula selected below. (a) ¨ Totally Discretionary Formula (Non-Tiered). Subject to the requirements set forth in Section 3.4(f) of the Basic Plan, the Employer’s Non-Safe Harbor Matching Contribution for any Allocation Period is totally discretionary. (b) ¨ Discretionary Formula (Tiered or Non-Tiered)

Appears in 2 contracts

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc), 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)

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Contribution Formula. Non-Safe Harbor Matching Contribution # 2 4 made pursuant to the terms of this Addendum will be determined in accordance with the formula selected below. (a) ¨ Totally Discretionary Formula (Non-Tiered). Subject to the requirements set forth in Section 3.4(f) of the Basic Plan, the Employer’s Non-Safe Harbor Matching Contribution for any Allocation Period is totally discretionary. (b) ¨ Discretionary Formula (Tiered or Non-Tiered)

Appears in 1 contract

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)

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Contribution Formula. Non-Safe Harbor Matching Contribution # 2 1 made pursuant to the terms of this Addendum will be determined in accordance with the formula selected below. (a) ¨ Totally Discretionary Formula (Non-Tiered). Subject to the requirements set forth in Section 3.4(f) of the Basic Plan, the Employer’s Non-Safe Harbor Matching Contribution for any Allocation Period is totally discretionary. (b) ¨ Discretionary Formula (Tiered or Non-Tiered)

Appears in 1 contract

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)

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