Matching Employer Contributions. The Employer shall make Matching Employer Contributions on behalf of each of its “eligible” Participants as provided in this Section 1.11. For purposes of this Section 1.11, an “eligible” Participant means any Participant who is an Active Participant during the Contribution Period and who satisfies the requirements of Subsection 1.11(e) or Section 1.13.
Matching Employer Contributions. If so provided by the Employer in Section 1.11 of the Adoption Agreement, the Employer shall make Matching Employer Contributions on behalf of each of its “eligible” Participants as indicated therein. The amount of the Matching Employer Contribution shall be determined in accordance with Subsection 1.11(a) and/or (b) of the Adoption Agreement and/or the 401(k) Safe Harbor Matching Employer Contributions Addendum to the Adoption Agreement, as applicable. Notwithstanding the foregoing, unless otherwise elected in Subsection 1.11(c)(1)(A) of the Adoption Agreement, the Employer shall not make Matching Employer Contributions, other than 401(k) Safe Harbor Matching Employer Contributions, with respect to an “eligible” Participant’s Catch-Up Contributions. If, due to application of a Plan limit, Matching Employer Contributions other than 401(k) Safe Harbor Matching Employer Contributions are attributable to Catch-Up Contributions, such Matching Employer Contributions, plus any income and minus any loss allocable thereto, shall be forfeited and applied as provided in Section 11.09.
Matching Employer Contributions. If so provided by the Employer in Section 1.10 of the Adoption Agreement, the Employer shall make a Matching Employer Contribution on behalf of each eligible Active Participant, as determined in accordance with Subsection 1.10(d) and Section 1.12 of the Adoption Agreement, who had Deferral Contributions made on his behalf during the Contribution Period. The amount of the Matching Employer Contribution shall be determined in accordance with Subsection 1.10(a) and/or (b) and/or the Safe Harbor Matching Employer Contribution Addendum to the Adoption Agreement, as applicable.
Matching Employer Contributions. A former Matching Contribution Participant who is reemployed as an Employee shall again become a Matching Contribution Participant upon satisfaction of the requirements of Subsection (1)(a) of Section 2.5.
Matching Employer Contributions. An Employee who transfers from non-covered employment with the Controlled Group to employment as a Covered Employee shall become a Matching Contribution Participant upon satisfaction of the requirements of Section 2.5(1).
Matching Employer Contributions. The contributions made pursuant to Section 4.1 of the Plan (or pursuant to any Instrument of Adoption), employer matching contributions made to the Weartech Plan on behalf of Former Weartech Plan Participants who were Employees on August 29, 2016 and matching employer contributions made to the Xxxxxx Plan on behalf of Former Xxxxxx Plan Participants who were Employees on August 1, 2017.
Matching Employer Contributions. Effective as of January 1, 1984, theThe City will make employer contributions for each Participant in an amount equal to sixone hundred percent (6%) of the Participant's Compensation100%) of employee contributions made under Section 5.3 of the Plan. Such contributions will be paid into the Pension Fund and credited to the Participant'’s employer contribution account on a monthly basis.
Matching Employer Contributions. The Employer will match the first four percent (4%) of employee contributions at a rate of 50% - 50% of Optional Employee Contributions; plus - contributions adequate to provide indexed defined benefit pension, described below.
Matching Employer Contributions. 50% of Optional Employee Contributions; plus - contributions adequate to provide indexed defined benefit pension, described below.
Matching Employer Contributions. To be determined annually as a number of cents per dollar of Employee contributions up to a maximum of six percent of Employee pre-tax contributions. or (X) one of the following and complete as appropriate [ ] No matching Employer contributions. [ ] Matching Employer contributions will be equal to $____ for each $1.00 contributed by employees up to a maximum of ______% of Employee compensation. [ ] Matching Employer contributions will be equal to $____ for each $1.00 contributed by Employees up to a maximum of ____% of Employee pre- or post-tax contributions. It is anticipated that the employer match will be: Matching employer contribution will be equal to $.50 for each $1.00 contribution by the employees up to a maximum of 6% of employee compensation on the first $20,000.00 of earnings provided that consolidated Xxxxxx Xxxxxx International Inc. pretax earnings for the fiscal year contained within the current calendar year exceeds $3.5 million. Matching contribution will be made at the end of each calendar year.
