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), Prototype Defined Contribution (Spheris Leasing LLC)
Proportionate Compensation Match. The Employer shall contribute and allocate to each eligible Participant who defers at least ________1% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction, 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 Employer shall set such discretionary contribution will be made up prior to the [ ] greater end of [ ] lesser of _________% of Compensation, or $__________the Plan Year.
Appears in 4 contracts
Samples: Adoption Agreement (Franklin Financial Corp /Tn/), Standardized Adoption Agreement (Vs Holdings Inc), Standardized Adoption Agreement (Century Bancorp Inc)
Proportionate Compensation Match. The Employer shall contribute and allocate to each eligible Participant who defers at least ________1% of Compensation, . an amount determined by multiplying such Employer Matching Contribution by a fraction, 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 Employer shall set such discretionary contribution will be made up prior to the [ ] greater end of [ ] lesser of _________% of Compensation, or $__________the Plan Year.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Telecommunication Systems Inc /Fa/)
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 ____not exceed _____% of Compensation, Compensation or $__________for any Participant.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc)
Proportionate Compensation Match. The Employer shall contribute and allocate to each eligible Participant who defers at least ________1% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction, fraction the numerator of which is the Participant's Compensation Elective Deferrals and the denominator of which is the Compensation Elective Deferrals 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 1 contract
Samples: Monro Muffler Brake 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 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 $__________.. VOLUNTARY AFTER-TAX MATCHING CONTRIBUTION FORMULAS: --------------------------------------------------
Appears in 1 contract
Samples: Standardized Adoption Agreement (Thomasville Bancshares Inc)
