Eligible Participant Sample Clauses
Eligible Participant. Any Employee who is eligible to make a Voluntary or Required After-tax Contribution or an Elective Deferral or Xxxx Elective Deferral (if the Employer takes such contributions into account in the calculation of the Actual Contribution Percentage), or to receive a Matching Contribution (including forfeitures) or a Qualified Matching Contribution. If a Required After-tax Contribution is required as a condition of participation in the Plan, any Employee who would be a Participant in the Plan if such Employee made such a contribution shall be treated as an Eligible Participant even though no Employee contributions are made.
Eligible Participant. Any Employee who is eligible to make a Voluntary Contribution, or an Elective Deferral (if the Employer takes such contributions into account in the calculation of the Contribution Percentage), or to receive a Matching Contribution (including forfeitures) or a Qualified Matching Contribution. If a Voluntary Contribution or Elective Deferral is required as a condition of participation in the Plan, any Employee who would be a Participant in the Plan if such Employee made such a contribution shall be treated as an Eligible Participant even though no Voluntary Contributions or Elective Deferrals are made.
Eligible Participant. The Qualified Matching Contribution for any Allocation Date will be made only for each Participant who makes Elective Deferrals or Employee Contributions, as applicable, during the period ending on the Allocation Date and who satisfies all of the following requirements: [Check one.]
a. [ ] Standard: no additional requirements. b. [ ] Alternative: [Check one or more.]
(1) [ ] the Participant is employed (or on an authorized leave of absence) on the Allocation Date.
(2) [ ] the Participant is credited with at least 1,000 Hours of Service in the Plan Year ending on such Allocation Date. [Do not check if "Elapsed Time" is selected or Allocation Date is not Standard Option.]
(3) [ ] the Participant is a Nonhighly Compensated Employee.
(4) [ ] the Participant is not employed as of the last day of the Plan Year but is credited with more than 500 Hours of Service in the Plan Year. [Do not check if Allocation Date is not Standard Option. Special Hour of Service equivalencies apply if "Elapsed Time" is selected. See Part V.A.2.] (5) [ ] the Participant is credited with at least 2 Years of Service (for participation purposes) on such Allocation Date.
Eligible Participant. For purposes of the Safe Harbor Contributions elected above, “Eligible Participant” means: [Check a., b. or c. Selection d. may be checked in addition to a., b. or c.]
Eligible Participant. Any Employee who is eligible to make an Employee Nondeductible Contribution, or an Elective Deferral (if the Employer takes such contributions into account in the calculation of the Contribution Percentage), or to receive a Matching Contribution (including forfeitures) or a Qualified Matching Contribution. If an Employee Contribution is required as a condition of participation in the Plan, any Employee who would be a Participant in the Plan if such Employee made such a contribution shall be treated as an eligible Participant on behalf of whom no Employee Contributions are made.
Eligible Participant. 3 1.11. Employee........................................................................................3 1.12. ERISA...........................................................................................3 1.13. Forfeiture......................................................................................3 1.14. 401(k) Account..................................................................................3 1.15. 401(k) Contributions............................................................................3 1.16.
Eligible Participant. 6 1.31 Employee . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 1.32
Eligible Participant. The term “Eligible Participant” means a Participant who is subject to the Qualified Automatic Contribution Arrangement as described in the administrative policy regarding Elective Deferrals.
Eligible Participant. The Qualified Matching Contribution for any Allocation Date will be made only for each Participant who makes Elective Deferrals or Employee Contributions, as applicable, during the period ending on the Allocation Date and who satisfies all of the following requirements: [Check one.]
a. [ ] STANDARD: no additional requirements,
b. [ ] Alternative: [Check one or more]
(1) [ ] the Participant is employed (or on an authorized leave of absence) on the Allocation Date,
(2) [ ] the Participant is credited with at least 1,000 Hours of Service in the Plan Year ending on such Allocation Date, [:Do not check if "Elapsed Time" is selected or Allocation Date is not Standard Option.]
(3) [ ] the Participant is a Nonhighly Compensated Employee.
(4) [ ] the Participant is not employed as of the last day of the Plan Year but is credited with more than 500 Hours Service in the Plan Year. [Do not check if Allocation :Date is not Standard Option. Special. Hour of Service equivalencies apply if" Elapsed Time" is selected. See Part V.A.2.]
(5) [ ] the Participant is credited with at least 2 Years of Service (for participation purposes) on such Allocation Date.
(6) [ ] notwithstanding anything to the contrary in clause (1), (2) or 94) of this Part VII.B.2.b, a :Participant who died, retired or became disabled during the period ending on the Allocation Date will be eligible [Check one.] [ ] without regard tot he number o f Hours of Service. [ ] only if he completes the Hours of Service specified in clause (2) or (4), as applicable. [Do not cheek if Allocation Date is not Standard Option.]
Eligible Participant. 4 1.31 Employee..................................................................................................5 1.32