Common use of Non-Discretionary Matching Employer Contributions Clause in Contracts

Non-Discretionary Matching Employer Contributions. The Employer shall make a Matching Employer Contribution on behalf of each “eligible” Participant in an amount equal to the following percentage of the eligible contributions made by the “eligible” Participant during the Contribution Period (complete all that apply): (A) ¨ Flat Percentage Match: % to all “eligible” Participants. (B) ¨ Tiered Match: % of the first % of the “eligible” Participant’s Compensation contributed to the Plan, % of the next % of the “eligible” Participant’s Compensation contributed to the Plan, % of the next % of the “eligible” Participant’s Compensation contributed to the Plan.

Appears in 3 contracts

Samples: Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.), Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.), Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.)

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Non-Discretionary Matching Employer Contributions. The Employer shall make a Matching Employer Contribution on behalf of each “eligible” Participant in an amount equal to the following percentage of the eligible contributions made by the “eligible” Participant during the Contribution Period (complete all that apply): (A) ¨ Flat Percentage Match: % : (i) to all “eligible” Participants. (B) ¨ Tiered Match: % of the first % of the “eligible” Participant’s Compensation contributed to the Plan, % of the next % of the “eligible” Participant’s Compensation contributed to the Plan, % of the next % of the “eligible” Participant’s Compensation contributed to the Plan.

Appears in 1 contract

Samples: Defined Contribution Plan (Acadia Pharmaceuticals Inc)

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Non-Discretionary Matching Employer Contributions. The Employer shall make a Matching Employer Contribution on behalf of each "eligible" Participant in an amount equal to the following percentage of the eligible contributions made by the "eligible" Participant during the Contribution Period (complete all that apply): (A) ¨ Flat Percentage Match: __________% to all “eligible” Participants. (B) ¨ Tiered Match: 100.000% of the first 3.00% of the "eligible" Participant’s 's Compensation contributed to the Plan, 50.000% of the next 3.00% of the "eligible" Participant’s 's Compensation contributed to the Plan, __________% of the next __________% of the "eligible" Participant’s 's Compensation contributed to the Plan.

Appears in 1 contract

Samples: Defined Contribution Plan (Profit Sharing/401(k) Plan) (AVX Corp)

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