Common use of Salary Reduction Contributions Clause in Contracts

Salary Reduction Contributions. i) Each Eligible Employee may make a salary reduction election to have his Compensation reduced for the Year in any amount selected by the Employee subject to the limitation set forth in (ii) below. We will make a salary reduction contribution to the Plan, as an elective deferral, in the amount by which the Employee’s Compensation has been reduced.

Salary Reduction Contributions. i) Each Eligible Employee may make a salary reduction election to have his or her Compensation reduced for the Year in any amount selected by the Employee subject to the applicable limitation set forth in (ii) belowdescribed herein. We The Company will make a salary reduction contribution to the Plan, as an elective deferralElective Contribution, in the amount by which the Employee’s 's Compensation has been reduced.. The total salary reduction contribution for the Year cannot exceed $6,000 for any Employee. To the extent permitted by

Salary Reduction Contributions. i(a) Each Eligible Employee may make a salary reduction election to have his or her Compensation reduced for the Year in any amount selected by the Employee subject to the limitation set forth in (ii) belowSubsection 2.8.3(b). We The Employer will make a salary reduction contribution to the Plan, as an elective deferralElective Deferral, in the amount by which the Employee’s Compensation has been reduced.

Salary Reduction Contributions. i) Each Eligible Employee may make a salary reduction election to have his Compensation reduced for the Year in any amount selected by the Employee subject to the limitation set forth in (ii) below. We will make a salary reduction contribution to the Plan, as an elective deferral, in the amount by which the Employee’s 's Compensation has been reduced.