Common use of Gardnerville Bargaining Unit Clause in Contracts

Gardnerville Bargaining Unit. A. Effective January 1, 2020 the Company matching contribution will be 50% of the employee’s contribution up to a maximum of four percent (4%) of the employee’s pay (a maximum Company contribution of 2% per pay period). B. For employees hired after September 10, 2010, the Company matching contribution will be 50% of the employee’s contribution up to a maximum of six percent (6%) of the employee’s pay (a maximum Company contribution of 3% per pay period). C. Employees hired on or before September 10, 2010, who did not participate in the Hourly Savings Plan as of September 10, 2010, are not eligible for a Company matching contribution.

Gardnerville Bargaining Unit. A. For employees hired on or before September 10, 2010, who participated in the Hourly Savings Plan as of September 10, 2010, the Company matching contribution, through December 31, 2019, will be 50% of the employee’s contribution up to a maximum of six percent (6%) of the employee’s pay (a maximum Company contribution of 3% per pay period). B. Effective January 1, 2020 the Company matching contribution will be 50% of the employee’s contribution up to a maximum of four percent (4%) of the employee’s pay (a maximum Company contribution of 2% per pay period). B. C. For employees hired after September 10, 2010, the Company matching contribution will be 50% of the employee’s contribution up to a maximum of six percent (6%) of the employee’s pay (a maximum Company contribution of 3% per pay period). C. D. Employees hired on or before September 10, 2010, who did not participate in the Hourly Savings Plan as of September 10, 2010, are not eligible for a Company matching contribution.