Salary Reduction Contributions. If selected by the Employer in the Adoption Agreement, the Employer will make a Salary Reduction Contribution (for allocation to the eligible Participant's Salary Reduction Account) on behalf of each Participant who both has elected to have a portion of the Compensation which would otherwise have been paid to him or her for the Plan Year contributed to the Trust and has received Compensation during the Plan Year. With respect to such elective contributions, the following provisions shall apply:
Appears in 2 contracts
Samples: United States Lime & Minerals Inc, Associated Estates Realty Corp
Salary Reduction Contributions. If selected by the Employer in the Adoption Agreement, the Employer will make a Salary Reduction Contribution (for allocation to the eligible Participant's Salary Reduction Account) on behalf of each eligible Participant who both (y) has elected to have a portion of the Compensation which would otherwise have been paid to him or her for the Plan Year contributed to the Trust and (z) has received Compensation during the Plan Year. With respect to such elective contributions, the following provisions shall apply:
Appears in 1 contract
Samples: Tro Learning Inc
Salary Reduction Contributions. If selected by the Employer in the ------------------------------ Adoption Agreement, the Employer will make a Salary Reduction Contribution (for allocation to the eligible Participant's Salary Reduction Account) on behalf of each Participant who both has elected to have a portion of the Compensation which would otherwise have been paid to him or her for the Plan Year contributed to the Trust and has received Compensation during the Plan Year. With respect to such elective contributions, the following provisions shall apply:
Appears in 1 contract
Samples: Chandler Insurance Co LTD
