Common use of Fixed - Years of Service Clause in Contracts

Fixed - Years of Service. The Employer will make matching contributions equal to a uniform percentage of each Participant's elective deferrals based on the Participant's Years of Service (or Periods of Service if the elapsed time method is selected), determined as follows (add additional tiers if necessary): Years (or Periods) of Service Matching Percentage For purposes of the above matching contribution formula, a Year (or Period) of Service means a Year (or Period) of Service for: 1. [ ] vesting purposes 2. [ ] eligibility purposes

Appears in 2 contracts

Sources: Adoption Agreement, Egtrra Adoption Agreement

Fixed - Years of Service. The Employer will make matching contributions equal to a uniform percentage of each Participant's elective deferrals Elective Deferrals based on the Participant's Years of Service (or Periods of Service if the elapsed time method is selected), determined as follows (add additional tiers if necessary): Years (or Periods) of Service Matching Percentage % % % For purposes of the above matching contribution formula, a Year (or Period) of Service means a Year (or Period) of Service for: 1. [ ] vesting purposes 2. [ ] eligibility purposes

Appears in 1 contract

Sources: Adoption Agreement for Volume Submitter 401(k) Profit Sharing Plan

Fixed - Years of Service. The Employer will make matching contributions equal to a uniform percentage of each Participant's elective "matched Employee contributions"elective deferrals based on the Participant's Years of Service (or Periods of Service if the elapsed time method is selected), determined as follows (add additional tiers if necessary): Years (or Periods) of Service Matching Percentage % % % For purposes of the above matching contribution formula, a Year (or Period) of Service means a Year (or Period) of Service for: 1. [ ] vesting purposes 2. [ ] eligibility purposes

Appears in 1 contract

Sources: Adoption Agreement