Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s contribution shall be fully vested when made. This contribution will be made to: ¨ a. All eligible Participants. ¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 4 contracts
Samples: Nonstandardized Adoption Agreement (United Community Bancorp), Defined Contribution Plan (Fraternity Community Bancorp Inc), Defined Contribution Plan (United Community Bancorp)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s contribution shall be fully vested when made. This contribution will be made to:
¨ o a. All eligible Participants.
¨ o b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 4 contracts
Samples: Savings and Investment Plan Document (Sterling Chemicals Inc), Adoption Agreement (Sterling Chemicals Inc), Cash or Deferred Profit Sharing Plan Adoption Agreement (Willis Group Holdings LTD)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 3 contracts
Samples: Adoption Agreement (Connecticut Water Service Inc / Ct), Adoption Agreement (Connecticut Water Service Inc / Ct), Adoption Agreement (Connecticut Water Service Inc / Ct)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which that shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 2 contracts
Samples: Adoption Agreement, Adoption Agreement
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s 's account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
¨ ] a. All eligible Participants.
¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 2 contracts
Samples: Nonstandardized Adoption Agreement (CRH Public LTD Co), Nonstandardized Adoption Agreement (Sontra Medical Corp)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
¨ ] a. All eligible Participants.
¨ . [x] b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s 's account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
¨ . [x] b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s contribution shall be fully vested when made. This contribution will be made to:
¨ x a. All eligible Participants.
¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s 's account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
¨ . [X] b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Jda Software Group Inc)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s 's account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when madevested. This contribution will be made to:
¨ a. All eligible Participants.
¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s 's account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Samples: Adoption Agreement for Cash or Deferred Profit Sharing Plan (BBCN Bancorp Inc)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
. ¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Samples: Defined Contribution Plan (Georgetown Bancorp, Inc.)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
¨ * a. All eligible Participants.
¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
¨ Participants [ ] b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Samples: Defined Contribution Plan (Old Dominion Freight Line Inc/Va)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated made to each eligible Participant’s account Participant in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
¨ b. Only eligible Participants who are Nonnon-Highly Compensated Employees.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
. ¨ b. b Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Legacy Bancorp, Inc.)
Discretionary Percentage QNEC Contribution Formula. The Employer shall have the right to make a discretionary QNEC contribution which shall be allocated to each eligible Participant’s 's account in proportion to his or her Compensation as a percentage of the Compensation of all eligible Participants. This part of the Employer’s 's contribution shall be fully vested when made. This contribution will be made to:
¨ a. All eligible Participants.
¨ b. Only eligible Participants who are Non-Highly Compensated Employees.
Appears in 1 contract
