Member Contributions. Each Member and the Manager further acknowledges that it may contribute ideas, knowledge, know-how and, potentially, Confidential Information of such disclosing Member or the Manager to the Company, the employees, agents or contractors of the Company. Each disclosing Member or the Manager shall retain ownership of such Confidential Information but grants to only the Company, not to the individual(s) to whom the information was disclosed in his/her respective personal capacity(ies), the limited right to use such Confidential Information solely and exclusively for the benefit of the Company, and not any individual Member other than the disclosing Member; and each Member and the Manager other than the discloser promises and agrees to not use Confidential Information of a disclosing Member or the Manager for any purpose whatsoever except in connection with the Company and except with the written consent of both the disclosing Member and the Company. For purposes of this Section X, all references to the Company shall include its Affiliates.
Member Contributions. With respect to benefits accrued under the Retirement System on or after January 1, 2021, members shall be required to make the following rates of member contributions to the Retirement System:
(i) The member shall contribute four (4%) percent of his compensation that is taken into account under the Retirement System effective with the first payroll paid in January 2021 until the last payroll paid in December 2021.
(ii) The member shall contribute five (5%) percent of his compensation that is taken into account under the Retirement System effective with the first payroll paid in January 2022. Such member contributions shall be made, to the extent permitted by law, on a pre-tax basis and through automatic payroll deduction on a bi-weekly from each member’s earnings, as a condition to future pension accruals earned on or after January 1, 2021.
Member Contributions. Each member who opts into the Pension Plan will be required to make contributions on one of the following basis:
(1) one percent (1%) of regular earnings;
(2) two percent (2%) of regular earnings;
(3) three percent (3%) of regular earnings.
Member Contributions. Every Teaching Faculty Member shall be required to contribute three percent (3.0%) of pensionable earnings to the plan and may make voluntary contributions of up to a further three percent (3.0%) of pensionable earnings.
Member Contributions. Subject to an election pursuant to Section 6.02 hereof, each Member shall contribute, by payroll deduction, from his date of enrollment to his date of retirement or to such earlier date as his Continuous Ser- vice shall be broken, a percentage of his Earnings in each Plan Year as shown in the table set out in Section 6.06, less the amount that the Company must withhold from such Earnings in respect of contribu- tions to the Canada or Quebec Pension Plan.
Member Contributions. The Directors and officers of the Company shall not have any personal liability for the repayment of any Capital Contributions of the Sole Member.
Member Contributions. In the event that the Member terminates employment and elects a refund of Member Contributions in lieu of a monthly retirement benefit, the Alternate Payee shall receive the following amount of the Member’s Contribution account balance including any applicable interest payable on the balance, paid as a lump sum distribution. [Note: If the Member is Vested, the Member may leave the Member Contributions in the Plan and qualify for a monthly benefit payment upon reaching Normal retirement age. Division of a monthly benefit shall be according to the instructions in paragraph (1) above.]
(a) OR (b) $
Member Contributions. Every Employee shall be required to contribute three percent and a half (3.5%) of pensionable earnings to the plan and may make voluntary contributions of up to a further three percent (3.0%) of pensionable earnings.
Member Contributions. A Member subject to this Appendix A shall be required to make a Member Contribution each pay period equal to six percent (6%) of such Member’s Earnings for that pay period. Notwithstanding the foregoing, no Member Contributions shall be required with regard to a Member who: (a) was hired before May 7, 2012; and (b) has completed sufficient Years of Service such that his or her Normal Retirement Benefit as described in Section 3 below would be subject to the maximum percentage if the Member were to retire immediately.
Member Contributions. A Member subject to this Appendix C shall be required to make a Member Contribution each pay period equal to six percent (6%) of such Member’s Earnings for that pay period.
