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:
Appears in 14 contracts
Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp), Nonstandardized Adoption Agreement (United Community Bancorp), Prototype Defined Contribution Plan (Fraternity Community 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:
Appears in 6 contracts
Samples: Nonstandardized Adoption Agreement (BBCN Bancorp Inc), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Prototype Defined Contribution (Spheris Leasing LLC)
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:
Appears in 5 contracts
Samples: Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct), Prototype Defined Contribution Plan (Savannah Bancorp Inc), Nonstandardized 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:
Appears in 2 contracts
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:
Appears in 1 contract
Samples: Standardized Adoption Agreement (Thomasville Bancshares Inc)
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:
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc)
