Common use of QMAC Contribution Formula Clause in Contracts

QMAC Contribution Formula. The Employer may contribute to each eligible Participant’s Qualified Matching Contribution account an amount equal to (select one or more of the following): [ ] a. $_________ or ______% of the Participant’s Elective Deferrals (including Xxxx Elective Deferrals, if applicable). [ ] b. $_________ or ______% of the Participant’s Elective Deferrals (including Xxxx Elective Deferrals, if applicable) not to exceed ______% of Compensation. [ ] c. $_________ or ______% of the Participant's Voluntary After-tax Contributions. [ ] d. $_________ or ______% of the Participant’s Required After-tax Contributions.

QMAC Contribution Formula. The Employer may contribute to each eligible Participant’s Qualified Matching Contribution account an amount equal to (select one or more of the following): [ ] a. $_________ or ______% of the Participant’s Elective Deferrals (including Xxxx Rxxx Elective Deferrals, if applicable). [ ] b. $_________ or ______% of the Participant’s Elective Deferrals (including Xxxx Rxxx Elective Deferrals, if applicable) not to exceed ______% of Compensation. [ ] c. $_________ or ______% of the Participant's Voluntary After-tax Contributions. [ ] d. $_________ or ______% of the Participant’s Required After-tax Contributions.

QMAC Contribution Formula. The Employer may contribute to each eligible Participant’s Qualified Matching Contribution account an amount equal to (select one or more of the following): [ ] a. $_________ or ________% of the Participant’s Elective Deferrals (including Xxxx Elective Deferrals, if applicable). [ ] b. $_________ or ________% of the Participant’s Elective Deferrals (including Xxxx Elective Deferrals, if applicable) not to exceed ________% of Compensation. [ ] c. $_________ or ________% of the Participant's ’s Voluntary After-tax Contributions. [ ] d. $_________ or ________% of the Participant’s Required After-tax Contributions.