Employer Matching Contribution. A matching contribution made by an employer for an employee who makes contributions to a qualified Beneficiary. The employee must provide proof of Contract payment(s) to their employer. A matching contribution is accepted when the employer submits to the Program the name of the employee and the corresponding Contract number. Certain limitations may apply. See NRS 353B.310.
Employer Matching Contribution. A contribution to the Account by the Employer that is made in accordance with Article 3 of this Appendix on account of any Salary Reduction Contributions by the Participant.
Employer Matching Contribution. The Employer shall make Employer Matching Contributions to each Participant's Employer Matching Contribution Account in accordance with Appendix C. The Employer may decrease the Employer Matching Contribution allocable to any Participant if such decrease is necessary to ensure that the limitations of Article VI are met for such Plan Year or Limitation Year, respectively. ARTICLE VI
Employer Matching Contribution. The Employer shall make Employer Matching Contributions to each Participant's Employer Matching Contribution Account equal to 50% of Matched Contributions made by a Participant, beginning with a Participant's first Month of Participation following completion of one Year of Vesting Service; Notwithstanding the above, the Employer may decrease the Employer Matching Contribution allocable to any Participant if such decrease is necessary to ensure that the limitations of Sections 6.2 and 6.5 are satisfied.
Employer Matching Contribution. The Employer shall make a matching contribution to the Trust Fund for each month of an amount equal to (i) 100% of a Participant's Elective Deferrals, including Catch-up Contributions, that are attributable to the first 3% of the Participant's Compensation plus (ii) 50% of a Participant's Elective Deferrals, including Catch-up Contributions, that are not attributable to the first 3% of a Participant's Compensation but are attributable to the first 6% of the Participant's Compensation."
Employer Matching Contribution. For the period beginning January 1, 2001 and ending on the Closing Date, Buyer shall make a matching contribution to the trust under the New 401(k) Plan on behalf of Affected Employees who were participants in the PSRP for all or a portion of such period at the same rate as under the PSRP (as in effect on the date hereof), the liability for which shall be accrued as a current liability on the Closing Balance Sheet. Buyer shall make such contribution as soon as practicable after December 31, 2001, but in no event later than the date set forth under Code Section 404(a)(6). The New 401(k) Plan shall provide for such contributions on behalf of Affected Employees.
Employer Matching Contribution. “Employer Matching Contribution” means the contributions, if any, that are credited to the Participant’s Deferred Compensation Account in accordance with the matching contribution provisions of the Plan.
Employer Matching Contribution. Prior to June 30, 2004, Galesburg shall contribute and allocate to the accounts of eligible participants in the Galesburg
Employer Matching Contribution. The Employer shall make a matching contribution to the Trust Fund for each month of an amount equal to (i) 100% of a Participant's Elective Deferrals that are attributable to the first 3% of the Participant's Compensation plus (ii) 50% of a Participant's Elective Deferrals that are not attributable to the first 3% of a Participant's Compensation but are attributable to the first 6% of the Participant's Compensation. The amount of the Employer Matching Contributions may be changed by the action of the Benefits Committee of the Employer.
Employer Matching Contribution. In addition to employee pay deferral contributions, the Hospital proposes to make matching contributions to the Plan on behalf of all employees making pay deferral contributions. The employer matching contributions are intended to provide an incentive to encourage employee pay deferral contributions. The matching contribution shall equal fifty percent (50%) of an employee’s pay deferral contributions, up to a maximum two percent (2%) of the employee’s compensation. For the life of the Agreement, the matching contribution shall equal fifty percent (50%) of an employee’s pay deferral contributions, up to a maximum of four percent (4%) of the employee’s compensation.
