Common use of Non-Elective Contributions Clause in Contracts

Non-Elective Contributions. In lieu of Employer Matching Contributions, the Employer shall make a contribution of 2% of Compensation (Compensation not to exceed the limits described in Section 401(a)(17) of the Code, as adjusted by the Secretary of the Treasury for increases in the cost of living in accordance with Section 401(a)(17) of the Code, or $245,000 for 2010 and 2011) for each Eligible Employee, regardless of

Non-Elective Contributions. In lieu of Employer Matching Contributions, the Employer shall make a contribution of 2% of Compensation (Compensation not to exceed the limits described in Section 401(a)(17) of the Code, as adjusted by the Secretary of the Treasury for increases in the cost of living in accordance with Section 401(a)(17) of the Code, or $245,000 280,000 for 2010 2019 and 2011$285,000 for 2020) for each Eligible Employee, regardless ofof whether the Eligible Employee elects to make Elective Deferrals to the Plan.

Non-Elective Contributions. In lieu of Employer Matching Contributions, the Employer shall make a contribution of 2% of Compensation (Compensation not to exceed the limits described in Section 401(a)(17) of the Code, as adjusted by the Secretary of the Treasury for increases in the cost of living in accordance with Section 401(a)(17) of the Code, or $245,000 290,000 for 2010 2021 and 2011$305,000 for 2022) for each Eligible Employee, regardless ofof whether the Eligible Employee elects to make Elective Deferrals to the Plan.

Non-Elective Contributions. In lieu of Employer Matching Contributions, the Employer shall make a contribution of 2% of Compensation (Compensation not to exceed the limits described in Section 401(a)(17) of the Code, as adjusted by the Secretary of the Treasury for increases in the cost of living in accordance with Section 401(a)(17) of the Code, or $245,000 305,000 for 2010 2022 and 2011$330,000 for 2023) for each Eligible Employee, regardless ofof whether the Eligible Employee elects to make Elective Deferrals to the Plan.