Proportionate Compensation Match. The Employer shall contribute to each eligible Participant who defers at least ________% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction, the numerator of which is the Participant's Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer's contribution will be made up to the [ ] greater of [ ] lesser of _________% of Compensation, or $__________.
Appears in 5 contracts
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Nonstandardized Adoption Agreement (Sontra Medical Corp), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)
Proportionate Compensation Match. The Employer shall contribute to each eligible Participant who defers at least ________% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction, the numerator of which is the Participant's ’s Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer's ’s contribution will be made up to the [ ] greater of [ ] lesser of _________% of Compensation, or $__________$ .
Appears in 3 contracts
Samples: Defined Contribution Plan (Georgetown Bancorp, Inc.), Nonstandardized Adoption Agreement (Legacy Bancorp, Inc.), Defined Contribution Plan (FNB United Corp.)
Proportionate Compensation Match. The Employer shall contribute to each eligible Participant who defers at least ________% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction, the numerator of which is the Participant's Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer's ’s contribution will be made up to the [ ] greater of [ ] lesser of _________% of Compensation, Compensation or $__________$ .
Appears in 2 contracts
Samples: Adoption Agreement, Adoption Agreement
Proportionate Compensation Match. The Employer shall contribute to each eligible Participant who defers at least ________% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction, the numerator of which is the Participant's Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer's contribution will be made up to up to the [ ] p greater of [ ] p lesser of _________% of Compensation, or $__________.
Appears in 1 contract
Proportionate Compensation Match. The Employer shall contribute to each eligible Participant who defers at least ________% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction, the numerator of which is the Participant's Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer's ’s contribution will be made up to the [ ] greater of [ ] lesser of _________% of Compensation, or $__________.
Appears in 1 contract
Proportionate Compensation Match. The Employer shall contribute to each eligible Participant who defers at least ________% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction, the numerator of which is the Participant's ’s Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer's ’s contribution will be made up to the [ ] ¨ greater of [ ] ¨ lesser of _________% of Compensation, or $__________$ .
Appears in 1 contract
Proportionate Compensation Match. The Employer shall contribute to each eligible Participant who defers at least ________% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction, the numerator of which is the Participant's ’s Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer's ’s contribution will be made up to the [ ] ¨ greater of [ ] ¨ lesser of _________% of Compensation, or $__________$ .
Appears in 1 contract
Samples: Defined Contribution Plan (United Community Bancorp)
Proportionate Compensation Match. The Employer shall contribute to each eligible Participant who defers at least ________% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction, the numerator of which is the Participant's ’s Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer's ’s contribution will be made up to the [ ] o greater of [ ] o lesser of _________% of Compensation, Compensation or $__________$ .
Appears in 1 contract
Samples: Cash or Deferred Profit Sharing Plan Adoption Agreement (Willis Group Holdings LTD)
