Employer Credits 1 (Employer Discretionary Credits) Sample Clauses

Employer Credits 1 (Employer Discretionary Credits). The Employer may make discretionary credits to the Deferred Compensation Account of each Active Participant in an amount determined as follows:
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Employer Credits 1 (Employer Discretionary Credits). (i) Immediate 100% vesting. XX (ii) 100% vesting after 3 Years of Service.
Sample 1

Related to Employer Credits 1 (Employer Discretionary Credits)

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Deferred Compensation Account All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

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