Common use of Non-Elective Contributions Clause in Contracts

Non-Elective Contributions. The maximum amount available to each Participant for the purchase of elected benefits with non-elective contributions will be: N/A The Employer may at its sole discretion provide a non-elective contribution to provide benefits for each Participant under the Plan. This amount will be set by the Employer each Plan Year in a uniform and non-discriminatory manner. If this non- elective contribution amount exceeds the cost of benefits elected by the Participant, excess amounts will not be paid to the Participant as taxable cash. Elective Contributions (Salary Reduction): The maximum amount available to each Participant for the purchase of elected benefits through salary reduction will be: 100% of compensation per entire plan year. Each Participant may authorize the Employer to reduce his or her compensation by the amount needed for the purchase of benefits elected, less the amount of non- elective contributions. An election for salary reduction will be made on the benefit election form.

Non-Elective Contributions. The maximum amount available to each Participant for the purchase of elected benefits with non-elective contributions will be: N/A The Employer may at its sole discretion provide a non-elective election contribution to provide benefits for each Participant under the Plan. This amount will be set by the Employer each Plan Year in a uniform and non-discriminatory manner. If this non- non-elective contribution amount exceeds the cost of benefits elected by the Participant, excess amounts will not be paid to the Participant as taxable cash. Elective Contributions (Salary Reduction): The maximum amount available to each Participant for the purchase of elected benefits through salary reduction will be: 100% of compensation $30,000.00 per entire plan year. year Each Participant may authorize the Employer to reduce his or her compensation by the amount needed for the purchase of benefits elected, less the amount of non- non-elective contributions. An election for salary reduction will be made on the benefit election form.

Non-Elective Contributions. The maximum amount available to each Participant for the purchase of elected benefits with non-elective contributions will be: N/A Employer contributes $3.88 per employee per month. The Employer may at its sole discretion provide a non-elective contribution to provide benefits for each Participant under the Plan. This amount will be set by the Employer each Plan Year in a uniform and non-discriminatory manner. If this non- elective contribution amount exceeds the cost of benefits elected by the Participant, excess amounts will not be paid to the Participant as taxable cash. Elective Contributions (Salary Reduction): The maximum amount available to each Participant for the purchase of elected benefits through salary reduction will be: 100% of compensation per entire plan year. Each Participant may authorize the Employer to reduce his or her compensation by the amount needed for the purchase of benefits elected, less the amount of non- elective contributions. An election for salary reduction will be made on the benefit election form.