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Common use of Regular Contributions Clause in Contracts

Regular Contributions. The Employer shall make a Deferral Contribution in accordance with Section 5.03 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the payroll period in question, not to exceed 60% of Compensation for that period.

Appears in 5 contracts

Samples: Adoption Agreement (Amphenol Corp /De/), Adoption Agreement (Kewaunee Scientific Corp /De/), Corporate Plan Document (Axsys Technologies Inc)

Regular Contributions. The Employer shall make a Deferral Contribution in accordance with Section 5.03 of the Basic Plan Document on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the payroll period in question, . Such Deferral Contribution shall not to exceed 60the deferral limit below. (A) x The deferral limit is 60.00% (must be a whole number multiple of Compensation for that periodone percent) of Compensation.

Appears in 2 contracts

Samples: Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.), Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.)

Regular Contributions. The Employer shall make a Deferral Contribution in accordance with Section 5.03 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the payroll period in question, not to exceed 6020% of Compensation for that period.

Appears in 1 contract

Samples: Retirement Plan Adoption Agreement (Hudson City Bancorp Inc)

Regular Contributions. The Employer shall make a Deferral Contribution in accordance with Section 5.03 of the Basic Plan Document on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the payroll period in question, . Such Deferral Contribution shall not to exceed 60the deferral limit below. (A) x The deferral limit is 25.00% (must be a whole number multiple of Compensation for that periodone percent) of Compensation.

Appears in 1 contract

Samples: Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.)