Matching Thrift Contributions Sample Clauses

Matching Thrift Contributions. Subject to the limitations contained in Sections 3.9 and 3.5.2, for each Plan Year the Employer will contribute in cash and/or Qualifying Employer Securities, Matching Thrift Contributions to the Trust Fund in an amount, if any, calculated by reference to the Participants' Employee Thrift Contributions, as specified in the Adoption Agreement. Matching Thrift Contributions made by the Employer will be allocated to the Matching Thrift Contributions Account of those Participants who have contributed Employee Thrift Contributions to the Plan, as specified in the Adoption Agreement.
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Matching Thrift Contributions. K. "Normal Retirement Age" Normal Retirement Age shall be (select one): |_| (1) attainment of age _____ (not more than 65) by the Participant. |X| (2) attainment of age _____ (not more than 65) by the Participant or the _____ anniversary (not more than the 5th) of the first day of the Plan Year in which the Eligible Employee became a Participant, whichever is later. |_| (3) attainment of age _____ (not more than 65) by the Participant or the ____ anniversary (not more than the 5th) of the first day on which the Eligible Employee performed an Hour of Service, whichever is later.
Sample 1
Matching Thrift Contributions. 12 1.60 Matching Thrift Contributions Account.........................................................12 1.61
Sample 1
Matching Thrift Contributions. For each taxable year of the Employee with respect to which the Employee has agreed with the Employer for Thrift Contributions to be made, in accordance with a Salary Reduction Agreement between the Employer and the Employee, to the Employee's Thrift Contribution Account in a total amount not exceeding 6% of the Employee's Compensation for such taxable year of the Employee, the Employer will make Employer Matching Thrift Contributions directly to the Employee's Employer Matching Thrift Contribution Account in a total amount to equal 50% of the total amount of the Employee's Thrift Contributions for such taxable year of the Employee.
Sample 1
Matching Thrift Contributions. 11 1.60 Matching Thrift Contributions Account. . . . . . . . . . . . . 11 1.61
Sample 1
Matching Thrift Contributions. Subject to the limitation contained in Sections 3.9 and 3.5.2, for each Plan Year the Employer will contribute in cash and/or Qualifying Employer Securities, Matching Thrift
Sample 1
Matching Thrift Contributions. K. "NORMAL RETIREMENT AGE' Normal Retirement Age shall be (select one): |X| (1) attainment of age 65 (not more than 65) by the Participant.
Sample 1
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Related to Matching Thrift Contributions

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Catch-Up Contributions Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

  • Employer Profit Sharing Contributions An Employee will be eligible to become a Participant in the Plan for purposes of receiving an allocation of any Employer Profit Sharing Contribution made pursuant to Section 10 of the Adoption Agreement after completing ________ (enter 0, 1, 2 or any fraction less than 2)

  • DEFERRAL CONTRIBUTIONS The Advisory Committee will allocate to each Participant's Deferral Contributions Account the amount of Deferral Contributions the Employer makes to the Trust on behalf of the Participant. The Advisory Committee will make this allocation as of the last day of each Plan Year unless, in Adoption Agreement Section 3.04, the Employer elects more frequent allocation dates for salary reduction contributions.

  • Employer Contributions If Employer contributions are permitted, complete (a) and/or (b). Otherwise complete (c).

  • Participant Contributions If Participant contributions are permitted, complete (a), (b), and (c). Otherwise complete (d).

  • Rollover Contributions An amount which qualifies as a rollover contribution pursuant to the Federal Internal Revenue Code may be transferred to and paid under this contract as a contribution for a Participant. Prudential may require proof that the amount paid so qualifies.

  • EMPLOYEE CONTRIBUTIONS [X] (a) Participants shall be permitted to make Elective Deferrals in any amount from 1 % up to 15 % of their Compensation. If (a) is applicable, Participants shall be permitted to amend their Salary Savings Agreements to change the contribution percentage as provided below:

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

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