Common use of Discretionary QMAC Contribution Formula Clause in Contracts

Discretionary QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC 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: This part of the Employer’s contribution shall be fully vested when made.

Appears in 6 contracts

Samples: Nonstandardized Adoption Agreement (First Northwest Bancorp), Nonstandardized Adoption Agreement (1st Constitution Bancorp), Defined Contribution Plan (ASB Bancorp Inc)

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Discretionary QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC contribution. The Employer’s '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: This part of the Employer’s 's contribution shall be fully vested when made.

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 QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC contribution. The Employer’s '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: This part of the Employer’s 's contribution shall be fully vested when made.

Appears in 3 contracts

Samples: Adoption Agreement, Adoption Agreement, Adoption Agreement (Atlas America Inc)

Discretionary QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC 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: This part of the Employer’s contribution shall be fully vested when made.

Appears in 3 contracts

Samples: Defined Contribution Plan (Georgetown Bancorp, Inc.), Defined Contribution Plan (Chicopee Bancorp, Inc.), Defined Contribution Plan (United Community Bancorp)

Discretionary QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC contribution. The Employer’s 's Matching Contribution shall be determined by the Employer with respect to each Plan Year’s 's eligible Participants. Such contribution shall be in the amount specified and allocated as follows: This part of the Employer’s 's contribution shall be fully vested when made.

Appears in 2 contracts

Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Defined Contribution Plan (Spheris Leasing LLC)

Discretionary QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC 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: on a nondiscriminatory basis. This part of the Employer’s contribution shall be fully vested when made.

Appears in 1 contract

Samples: Cash or Deferred Profit Sharing Plan Adoption Agreement (Willis Group Holdings LTD)

Discretionary QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC contribution. The Employer’s 's Matching Contribution shall be determined by the Employer with respect to each Plan Year’s Years' eligible Participants. Such contribution shall be in the amount specified and allocated as follows: This part of the Employer’s 's contribution shall be fully vested when made.

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc)

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Discretionary QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC contribution. The Employer’s Employers Matching Contribution shall be determined detenmined by the Employer with respect to each Plan Year’s 's eligible Participants. Such contribution shall be in the amount specified and allocated as follows: . This part of the Employer’s Employers contribution shall be fully vested when made.

Appears in 1 contract

Samples: Adoption Agreement for Cash or Deferred Profit Sharing Plan (BBCN Bancorp Inc)

Discretionary QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC 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: __________________________________________________________________________________________________ This part of the Employer’s contribution shall be fully vested when made.

Appears in 1 contract

Samples: Defined Contribution Plan (Fraternity Community Bancorp Inc)

Discretionary QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC contribution. The Employer’s Matching Contribution shall be determined by the Employer Employer’ with respect to each Plan Year’s eligible Participants. Such contribution shall be in the amount specified and allocated as follows: This part of the Employer’s contribution shall be fully vested when made.

Appears in 1 contract

Samples: Defined Contribution Plan (Old Dominion Freight Line Inc/Va)

Discretionary QMAC Contribution Formula. The Employer shall have the right to make a discretionary QMAC contribution. The Employer’s 's Matching Contribution shall be determined by the Employer with respect to each Plan Year’s Years' eligible Participants. Such contribution shall be in the amount specified and allocated as follows: This part of the Employer’s 's contribution shall be fully vested when madevested.

Appears in 1 contract

Samples: Adoption Agreement (Socket Communications Inc)

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