Discretionary Match. The Employer’s Matching Contribution shall be determined by the Employer with respect to each Plan Year. The Matching Contribution shall be contributed to each eligible Participant in accordance with the nondiscriminatory formula determined by the Employer.
Appears in 6 contracts
Samples: Defined Contribution Plan (FNB United Corp.), Defined Contribution Plan (United Community Bancorp), Nonstandardized Adoption Agreement (Legacy Bancorp, Inc.)
Discretionary Match. The Employer shall have the right to make a Discretionary Matching Contribution. The Employer’s Matching Contribution shall be determined by the Employer with respect to each Plan Year’s eligible Participants. The Matching Contribution Such contribution shall be contributed to each eligible Participant in accordance with the nondiscriminatory formula determined by the Employer.amount specified and allocated as follows:
Appears in 6 contracts
Samples: Nonstandardized Adoption Agreement (First Northwest Bancorp), Nonstandardized Adoption Agreement (1st Constitution Bancorp), Defined Contribution Plan (ASB Bancorp Inc)
Discretionary Match. The Employer shall have the right to make a Discretionary Matching Contribution. The Employer’s 's Matching Contribution shall be determined by the Employer with respect to each Plan Year’s eligible Participants. The Matching Contribution Such contribution shall be contributed to each eligible Participant in accordance with the nondiscriminatory formula determined by the Employer.amount specified and allocated as follows:
Appears in 4 contracts
Samples: Adoption Agreement (Connecticut Water Service Inc / Ct), Defined Contribution Plan (Savannah Bancorp Inc), Adoption Agreement (Connecticut Water Service Inc / Ct)
Discretionary Match. The Employer shall have the right to make a Discretionary Matching Contribution. The Employer’s 's Matching Contribution shall be determined by the Employer with respect to each Plan Year's eligible Participants. The Matching Contribution Such contribution shall be contributed to each eligible Participant in accordance with the nondiscriminatory formula determined by the Employer.amount specified and allocated as follows:
Appears in 2 contracts
Samples: Adoption Agreement for Cash or Deferred Profit Sharing Plan (BBCN Bancorp Inc), Defined Contribution Plan (Old Dominion Freight Line Inc/Va)
Discretionary Match. The Employer shall have the right to make a Discretionary Matching Contribution. The Employer’s Matching Contribution shall be determined by the Employer with respect to each Plan Year’s eligible Participants. The Matching Contribution Such contribution shall be contributed to each eligible Participant in accordance with the nondiscriminatory formula amount specified and allocated as follows: As determined by the Employeremployer and communicated to employees within the time period prescribed by law.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (United Community Bancorp)
Discretionary Match. The Employer shall have the right to make a Discretionary Matching Contribution. The Employer’s 's Matching Contribution shall be determined by the Employer with respect to each Plan Year's eligible Participants. The Matching Contribution Such contribution shall be contributed in the amount specified and allocated as follows: on the basis of deferrals to each eligible Participant in accordance with those employed and deferring on the nondiscriminatory formula determined by last day of the Employer.plan year
Appears in 1 contract
Samples: Defined Contribution Plan (Old Dominion Freight Line Inc/Va)
Discretionary Match. The Employer shall have the right to make a Discretionary Matching Contribution. The Employer’s Matching Contribution shall be determined by the Employer with respect to each Plan Year’s eligible Participants. The Such contribution shall be in the amount specified and allocated as follows: Additional Matching Contribution shall be contributed to each eligible Participant in accordance with the nondiscriminatory formula determined by the Employer.Formulas for 403(b) Deferrals:
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp)
Discretionary Match. The Employer shall have the right to make a Discretionary Matching Contribution. The Employer’s Matching Contribution shall be determined by the Employer with respect to each Plan Year’s eligible Participants. The Matching Contribution Such contribution shall be contributed to each eligible Participant in accordance with the nondiscriminatory formula determined by the Employer.amount specified and allocated as follows: ________________________________________________________________
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (First Northwest Bancorp)
Discretionary Match. The Employer shall have the right to make a Discretionary Matching Contribution. The Employer’s Matching Contribution shall be determined by the Employer with respect to each Plan Year’s eligible Participants. The Matching Contribution Such contribution shall be contributed to each eligible Participant in accordance with the nondiscriminatory formula determined by the Employer.amount specified and allocated as follows: _____
Appears in 1 contract
