Common use of Fixed Option Clause in Contracts

Fixed Option. The Employer shall contribute to the Fund an amount equal to % of the total covered Compensation of all Participants for the Valuation Period. The Employer contribution shall be allocated in the proportion which the Compensation of each such Participant for such Valuation Period bears to the Compensation paid to all such Participants for such Valuation Period.

Appears in 2 contracts

Samples: www.cityofcoweta-ok.gov, stillwater.org

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Fixed Option. The Employer shall contribute to the Fund an amount equal to 6.00% of the total covered Compensation of all Participants for the Valuation Period. The Employer contribution shall be allocated in the proportion which the Compensation of each such Participant for such Valuation Period bears to the Compensation paid to all such Participants for such Valuation Period.

Appears in 1 contract

Samples: stillwater.org

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Fixed Option. [ ] The Employer shall contribute to the Fund an amount equal to % of the total covered Compensation of all Participants for the Valuation Period. The Employer contribution shall be allocated in the proportion which the Compensation of each such Participant for such Valuation Period bears to the Compensation paid to all such Participants for such Valuation Period.Participants

Appears in 1 contract

Samples: www.okmrf.org

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