Common use of Discretionary Match Clause in Contracts

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. Such contribution shall be in the amount specified and allocated as follows: __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Additional Matching Contribution Formulas for 403(b) Deferrals:

Appears in 1 contract

Samples: Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc)

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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. Such contribution shall be in the amount specified and allocated as follows: __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Additional Matching Contribution Formulas for 403(b) Deferrals:_

Appears in 1 contract

Samples: Prototype Defined Contribution Plan (Fraternity Community 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. Such contribution shall be in the amount specified and allocated as follows: _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Additional Matching Contribution Formulas for 403(b) Deferrals:

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (United Community Bancorp)

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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. Such contribution shall be in the amount specified and allocated as follows: ___________________________________________________________________________________________ ___________________________________________________________________________________________ __________________________________________________________________________________________ Additional Matching Contribution Formulas for 403(b) Deferrals:__

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (United Community Bancorp)

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