Partnership Plans Clause Samples

Partnership Plans. [ ] a. The Employer SHALL make Matching Contributions to Partners. -Prior to the 1998 Plan Year, Matching Contributions to Partners are treated in all respects as Elective Deferral Contributions. [ ] b. The Employer SHALL NOT make Matching Contributions to Partners. Amount For each $1.00 of either Elective Deferral Contributions and/or Required Employee Contributions, as selected above, the Employer will contribute and allocate to each Participant's Matching Contribution Account an amount equal to: [ ] 1. $__________ (e.g., $.50). [X] 2. A discretionary percentage, to be determined by the Employer. - If option 2 is elected, the amount of the discretionary percentage should be determined by an annual Board of Directors resolution setting the percentage. January 1, 2003 Plan X. CONTRIBUTIONS Document Section [ ] 3. Graded Match. -If a or b is elected, the minimum and maximum percentages must be within the parameters of the Elective Deferral election in Section X.A or the Required Employee Contribution election in Section X.B of this Adoption Agreement. - Percentages for higher amounts must be lower than the percentages for lower amounts. For example: 100% of the first $500, plus 75% of the next $500, plus 50% of the next $500. [ ] a. Graded based upon the dollar amount of each Participant's Elective Deferral Contributions or Required Employee Contributions as follows: ______% of the first $ ______ plus ______% of the next $ ______ plus ______% of the next $ ______ plus ______% of the next $ ______.

Partnership Plans. 5.2 .1 Projects that emphasize and promote sustainable development.

Partnership Plans a. The Employer SHALL make Matching Contributions to Partners. - MATCHING CONTRIBUTIONS TO PARTNERS ARE TREATED IN ALL RESPECTS AS ELECTIVE DEFERRAL CONTRIBUTIONS. / / b. The Employer SHALL NOT make Matching Contributions to Partners. For each $1.00 of either Elective Deferral Contributions or Required Employee Contributions, as selected above, the Employer will contribute and allocate to each Participant's Matching Contribution Account an amount equal to: / / 1. $______ (e.g., $.50). /X/ 2. A discretionary percentage, to be determined by the Employer. - IF OPTION 2 IS ELECTED, THE AMOUNT OF THE DISCRETIONARY PERCENTAGE SHOULD BE DETERMINED BY AN ANNUAL BOARD OF DIRECTORS RESOLUTION SETTING THE PERCENTAGE. / / 3. Graded Match. - IF A OR B IS ELECTED, THE MINIMUM AND MAXIMUM PERCENTAGES MUST BE WITHIN THE PARAMETERS OF THE ELECTIVE DEFERRAL ELECTION IN SECTION X.A OR THE REQUIRED EMPLOYEE CONTRIBUTION ELECTION IN SECTION X.B OF THIS ADOPTION AGREEMENT. - PERCENTAGES FOR HIGHER AMOUNTS MUST BE LOWER THAN THE PERCENTAGES FOR LOWER AMOUNTS. FOR EXAMPLE: 100% OF THE FIRST $500, PLUS 75% OF THE NEXT $500, PLUS 50% OF THE NEXT $500. / / a. Graded based upon the dollar amount of each Participant's Elective Deferral Contributions or Required Employee Contributions as follows: _________% of the first $_____ plus _________% of the first $_____ plus _________% of the first $_____ plus _________% of the next $_____ ------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------- Plan Document X. CONTRIBUTIONS Section ------------------------------------------------------------------------------------------------------------- / / b. Graded based upon the percentage of Compensation of each Participant's Elective Deferral Contribution or Required Employee Contribution as follows: _________% of the first $_____ plus _________% of the next $_____ plus _________% of the next $_____ plus _________% of the next $_____ %. - IF 3.a or b IS ELECTED, ADDITIONAL TESTING WILL BE REQUIRED TO PROVE THAT THE DIFFERENT CONTRIBUTIONS ARE AVAILABLE ON A NONDISCRIMINATORY BASIS. / / 4. Separate specific dollar amounts for different employees (e.g., employees in different job classifications): - THIS OPTION IS AVAILABLE ONLY FOR PLANS COVERING EMPLOYEES WHOSE CONDITIONS OF EMPLOYMENT ARE MANDATED UNDER THE ▇▇▇▇▇-▇▇▇▇▇ ACT. $_________ (e.g...