Common use of Qualified Matching Employer Contributions Clause in Contracts

Qualified Matching Employer Contributions. If so provided by the Employer in Subsection 1.11(f) of the Adoption Agreement, prior to making its Matching Employer Contribution (other than any 401(k) Safe Harbor Matching Employer Contribution) to the Plan, the Employer may designate all or a portion of such Matching Employer Contribution as a Qualified Matching Employer Contribution. The Employer shall notify the Trustee of such designation at the time it makes its Matching Employer Contribution. Qualified Matching Employer Contributions shall be distributable only in accordance with the distribution provisions that are applicable to Deferral Contributions; provided, however, that a Participant shall not be permitted to take a hardship withdrawal of amounts credited to his Qualified Matching Employer Contributions Account after the later of December 31, 1988 or the last day of the Plan Year ending before July 1, 1989 and that a Participant shall not be permitted to take Qualified Matching Employer Contributions as part of a Qualified Reservist Distribution pursuant to Section 10.09. If the amount of an Employer’s Qualified Matching Employer Contribution is determined based on a Participant’s Compensation, and the Qualified Matching Employer Contribution is necessary to satisfy the “ADP” test described in Section 6.03, the compensation used in determining the amount of the Qualified Matching Employer Contribution shall be “testing compensation”, as defined in Subsection 6.01(s). If the Qualified Matching Employer Contribution is not necessary to satisfy the “ADP” test described in Section 6.03, the compensation used to determine the amount of the Qualified Matching Employer Contribution shall be Compensation as defined in Subsection 2.01(k).

Qualified Matching Employer Contributions. If so provided by the Employer in Subsection 1.11(f1.10(e) of the Adoption Agreement, prior to making its Matching Employer Contribution (other than any 401(k) Safe Harbor safe harbor Matching Employer Contribution) to the Plan, the Employer may designate all or a portion of such Matching Employer Contribution as a Qualified Matching Employer Contribution. The Employer shall notify the Trustee of such designation at the time it makes its Matching Employer Contribution. Qualified Matching Employer Contributions shall be distributable only in accordance with the distribution provisions that are applicable to Deferral Contributions; provided, however, that a Participant shall not be permitted to take a hardship withdrawal of amounts credited to his Qualified Matching Employer Contributions Account after the later of December 31, 1988 or the last day of the Plan Year ending before July 1, 1989 and that a Participant shall not be permitted to take Qualified Matching Employer Contributions as part of a Qualified Reservist Distribution pursuant to Section 10.091989. If the amount of an Employer’s 's Qualified Matching Employer Contribution is determined based on a Participant’s 's Compensation, and the Qualified Matching Employer Contribution is necessary to satisfy the “"ADP” " test described in Section 6.03, the compensation used in determining the amount of the Qualified Matching Employer Contribution shall be “"testing compensation”", as defined in Subsection 6.01(s6.01(t). If the Qualified Matching Employer Contribution is not necessary to satisfy the “"ADP” " test described in Section 6.03, the compensation used to determine the amount of the Qualified Matching Employer Contribution shall be Compensation as defined in Subsection 2.01(k2.01(j), modified as provided in Section 5.02.

Qualified Matching Employer Contributions. If so provided by the Employer in Subsection 1.11(f1.10(e) of the Adoption Agreement, prior to making its Matching Employer Contribution (other than any 401(k) Safe Harbor safe harbor Matching Employer Contribution) to the Plan, the Employer may designate all or a portion of such Matching Employer Contribution as a Qualified Matching Employer Contribution. The Employer shall notify the Trustee of such designation at the time it makes its Matching Employer Contribution. Qualified Matching Employer Contributions shall be distributable only in accordance with the distribution provisions that are applicable to Deferral Contributions; provided, however, that a Participant shall not be permitted to take a hardship withdrawal of amounts credited to his Qualified Matching Employer Contributions Account after the later of December 31, 1988 or the last day of the Plan Year ending before July 1, 1989 and that a Participant shall not be permitted to take Qualified Matching Employer Contributions as part of a Qualified Reservist Distribution pursuant to Section 10.091989. If the amount of an Employer’s 's Qualified Matching Employer Contribution is determined based on a Participant’s 's Compensation, and the Qualified Matching Employer Contribution is necessary to satisfy the “"ADP” " test described in Section 6.03, the compensation used in determining the amount of the Qualified Matching Employer Contribution shall be “"testing compensation”", as defined in Subsection 6.01(s6.01(t). If the Qualified Matching Employer Contribution is not necessary to satisfy the “"ADP” " test described in Section 6.03, the compensation used to determine the amount of the Qualified Matching Employer Contribution shall be Compensation as defined in Subsection 2.01(k2.01(j)., modified as provided in Section

Qualified Matching Employer Contributions. If so provided by the Employer in Subsection 1.11(f1.10(e) of the Adoption Agreement, prior to making its Matching Employer Contribution (other than any 401(k) Safe Harbor safe harbor Matching Employer Contribution) to the Plan, the Employer may designate all or a portion of such Matching Employer Contribution as a Qualified Matching Employer Contribution. The Employer shall notify the Trustee of such designation at the time it makes its Matching Employer Contribution. Qualified Matching Employer Contributions shall be distributable only in accordance with the distribution provisions that are applicable to Deferral Contributions; provided, however, that a Participant shall not be permitted to take a hardship withdrawal of amounts credited to his Qualified Matching Employer Contributions Account after the later of December 31, 1988 or the last day of the Plan Year ending before July 1, 1989 and that a Participant shall not be permitted to take Qualified Matching Employer Contributions as part of a Qualified Reservist Distribution pursuant to Section 10.091989. If the amount of an Employer’s 's Qualified Matching Employer Contribution is determined based on a Participant’s 's Compensation, and the Qualified Matching Employer Contribution is necessary to satisfy the “"ADP” " test described in Section 6.03, the compensation used in determining the amount of the Qualified Matching Employer Contribution shall be “"testing compensation”", as defined in Subsection 6.01(s6.01(t). If the Qualified Matching Employer Contribution is not necessary to satisfy the “"ADP” " test described in Section 6.03, the compensation used to determine the amount of the Qualified Matching Employer Contribution shall be Compensation as defined in Subsection 2.01(k2.01 (j)., modified as provided in Section 5.01