Qualified Matching Employer Contributions. Prior to making any Matching Employer Contribution hereunder (other than a 401(k) Safe Harbor Matching Employer Contribution), the Employer may designate all or a portion of such Matching Employer Contribution as a Qualified Matching Employer Contribution that may be used to satisfy the “ADP” test on Deferral Contributions and excluded in applying the “ACP” test on Employee and Matching Employer Contributions. Unless the additional eligibility requirement is selected below, Qualified Matching Employer Contributions shall be allocated to all Participants who were Active Participants during the Contribution Period and who meet the continuing eligibility requirement(s) described in Subsection 1.11(e) above for the type of Matching Employer Contribution being characterized as a Qualified Matching Employer Contribution.
Appears in 4 contracts
Samples: Alcoa Inc., Alcoa Inc., Alcoa Inc.
Qualified Matching Employer Contributions. Prior to making any Matching Employer Contribution hereunder (other than a 401(k) Safe Harbor safe harbor Matching Employer Contribution), the Employer may designate all or a portion of such Matching Employer Contribution as a Qualified Matching Employer Contribution that may be used to satisfy the “ADP” test on Deferral Contributions and excluded in applying the “ACP” test on Employee and Matching Employer Contributions. Unless the additional eligibility requirement is selected below, Qualified Matching Employer Contributions shall be allocated to all Participants who were Active Participants during the Contribution Period and who meet the continuing eligibility requirement(s) described in Subsection 1.11(e1.10(d) above for the type of Matching Employer Contribution being characterized as a Qualified Matching Employer Contribution.
Appears in 2 contracts
Samples: Kewaunee Scientific Corp /De/, Cabot Microelectronics Corp
Qualified Matching Employer Contributions. Prior to making any Matching Employer Contribution hereunder (other than a 401(k) Safe Harbor Matching Employer Contribution), the Employer may designate all or a portion of such Matching Employer Contribution as a Qualified Matching Employer Contribution that may be used to satisfy the “"ADP” " test on Deferral Contributions and excluded in applying the “"ACP” " test on Employee and Matching Employer Contributions. Unless the additional eligibility requirement is selected below, Qualified Matching Employer Contributions shall be allocated to all Participants who were Active Participants during the Contribution Period and who meet the continuing eligibility requirement(s) described in Subsection 1.11(e) above for the type of Matching Employer Contribution being characterized as a Qualified Matching Employer Contribution.
Appears in 2 contracts
Samples: AVX Corp, Defined Contribution Plan (Cabot Microelectronics Corp)
Qualified Matching Employer Contributions. Prior to making any Matching Employer Contribution hereunder (other than a 401(k40l(k) Safe Harbor Matching Employer Contribution), the Employer may designate all or a portion of such Matching Employer Contribution as a Qualified Matching Employer Contribution that may be used to satisfy the “"ADP” " test on Deferral Contributions and excluded in applying the “"ACP” " test on Employee and Matching Employer Contributions. Unless the additional eligibility requirement is selected below, Qualified Matching Employer Contributions shall be allocated to all Participants who were Active Participants during the Contribution Period and who meet the continuing eligibility requirement(s) described in Subsection 1.11(e) above for the type of Matching Employer Contribution being characterized as a Qualified Matching Employer Contribution.
Appears in 2 contracts
Samples: Adoption Agreement (Atlas Financial Holdings, Inc.), Adoption Agreement (Atlas Financial Holdings, Inc.)