Qualified Non-Elective Contributions. Contributions (other than Matching Contributions or Qualified Matching Contributions) made by the Employer and allocated to Participants' accounts that the Participants may not elect to receive in cash until distributed from the Plan; that are nonforfeitable when made; and that are distributable only in accordance with the distribution provisions that are applicable to Elective Deferrals and Qualified Matching Contributions.
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Samples: 401(k) Plan Document (East West Bancorp Inc), Defined Contribution Plan and Trust (First Keystone Corp), Profit Sharing Plan (First Keystone Corp)
Qualified Non-Elective Contributions. Contributions (other than Matching Contributions or Qualified Matching Contributions) made by the Employer and allocated to Participants' accounts the Participant's account that the Participants Participant may not elect to receive in cash until distributed from the Plan; that Plan and which are nonforfeitable when made; and that are distributable only in accordance with subject to the distribution provisions that are applicable to Elective Deferrals and Qualified Matching Contributionsrestrictions as provided in Article VI of said Plan.
Appears in 1 contract
Samples: 401(k) Retirement Plan Adoption Agreement (WHX Corp)
Qualified Non-Elective Contributions. Contributions (other than Matching Contributions or Qualified Matching Contributions) made by the Employer and allocated to Participants' accounts that the Participants Participant’s Salary Deferral Contributions Subaccount which (x) the participants may not elect to receive in cash until distributed distribution from the Plan; that , (y) are nonforfeitable when made; , and that (z) are distributable only in accordance with the distribution provisions that are applicable to Elective Salary Deferrals and Qualified Matching Contributions.
Appears in 1 contract
Samples: Salary Deferral Retirement Plan Adoption Agreement (Novo Nordisk a S)