Common use of SALARY REDUCTION ARRANGEMENT Clause in Contracts

SALARY REDUCTION ARRANGEMENT. The Employer must contribute the amount by which the Participants have reduced their Compensation for the Plan Year, pursuant to their salary reduction agreements on file with the Advisory Committee. A reference in the Plan to salary reduction contributions is a reference to these amounts.

Appears in 4 contracts

Samples: Defined Contribution Master Plan and Trust Agreement (Oceaneering International Inc), Adoption Agreement (Brenton Banks Inc), 401(k) Retirement Savings Plan (Reptron Electronics Inc)

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SALARY REDUCTION ARRANGEMENT. The Employer must contribute the amount by which the Participants have reduced their Compensation for the Plan Year, pursuant to their salary reduction agreements on file with the Advisory Committee. A reference in the Plan to salary reduction contributions is a reference to these amounts.. Matching contributions. (Choose (a) or (b))

Appears in 1 contract

Samples: Adoption Agreement (Benthos Inc)

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