Common use of Fixed Additional Matching Contribution Clause in Contracts

Fixed Additional Matching Contribution. The following Fixed Additional Matching Contribution (Choose (i) and (ii) as applicable and complete (iii) for any election.): (i) [ ] Uniform percentage. A Matching Contribution equal to % of each Participant's Elective Deferrals but not as to Elective Deferrals exceeding % of the Participant's Compensation. (ii) [ ] Tiered formula. A Matching Contribution equal to the specified matching rate for the corresponding level of each Participant's Elective Deferral percentage. A Participant's Elective Deferral percentage is equal to the Participant's Elective Deferrals divided by his/her Compensation. % % % % % %

Appears in 2 contracts

Samples: Adoption Agreement (Fossil Group, Inc.), Adoption Agreement (Connecticut Water Service Inc / Ct)

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Fixed Additional Matching Contribution. The following Fixed Additional Matching Contribution (Choose (i) and (ii) as applicable and complete (iii) for any election.electionselect one or more of a. and b.): (i) a. [ ] Uniform percentage. A Matching Contribution equal to % of each Participant's Elective Deferrals but not as to Elective Deferrals exceeding % of the Participant's Compensation. (ii) b. [ ] Tiered formula. A Matching Contribution equal to the specified matching rate for the corresponding level of each Participant's Elective Deferral percentage. A Participant's Elective Deferral percentage is equal to the Participant's Elective Deferrals divided by his/her Compensation. SAMPLE Elective Deferral Percentage Matching Rate % % % % % %

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Adoption Agreement

Fixed Additional Matching Contribution. The following Fixed Additional Matching Contribution (Choose (i) and (ii) as applicable and complete (iii) for any election.): (i) [ ] ¨ Uniform percentage. A Matching Contribution equal to % of each Participant's ’s Elective Deferrals but not as to Elective Deferrals exceeding % of the Participant's ’s Compensation. (ii) [ ] ¨ Tiered formula. A Matching Contribution equal to the specified matching rate for the corresponding level of each Participant's ’s Elective Deferral percentage. A Participant's ’s Elective Deferral percentage is equal to the Participant's ’s Elective Deferrals divided by his/her Compensation. % % % % % %.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Knowles Corp)

Fixed Additional Matching Contribution. The following Fixed Additional Matching Contribution (Choose (i) and (ii) as applicable and complete (iii) for any election.): (i) [ ] Uniform percentage. A Matching Contribution equal to % of each Participant's Elective Deferrals but not as to Elective Deferrals exceeding % of the Participant's Compensation. (ii) [ ] Tiered formula. A Matching Contribution equal to the specified matching rate for the corresponding level of each Participant's Elective Deferral percentage. A Participant's Elective Deferral percentage is equal to the Participant's Elective Deferrals divided by his/her Compensation. Elective Deferral Percentage Matching Rate % % % % % %

Appears in 1 contract

Samples: Adoption Agreement

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Fixed Additional Matching Contribution. The following Fixed Additional Matching Contribution (Choose (i) and (ii) as applicable and complete (iii) for any election.): (i) [ ] Uniform percentage. A Matching Contribution equal to % of each Participant's Elective Deferrals but not as to Elective Deferrals exceeding % of the Participant's Compensation. (ii) [ ] Tiered formula. A Matching Contribution equal to the specified matching rate for the corresponding level of each Participant's Elective Deferral percentage. A Participant's Elective Deferral percentage is equal to the Participant's Elective Deferrals divided by his/her Compensation. % % % % % %

Appears in 1 contract

Samples: Adoption Agreement (Finisar Corp)

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