Salary Savings Agreement. An agreement between the Employer and a participating Employee where the Employee authorizes the Employer to withhold a specified percentage of his or her Compensation for deposit to the Plan on behalf of such Employee.
Salary Savings Agreement. A written agreement between the Employer and a participating Employee where the Employee authorizes the Employer to withhold a specified percentage of his or her Compensation for deposit to the Plan on behalf of such Employee. 1.21 SARSEP A Simplified Employee Pension Plan (SEP) in which a participating Employee may make an election through a Salary Savings Agreement to have a portion of his or her salary deferred and have the Employer contribute the entire amount of deferred salary to an IRA xx his or her behalf. 1.22 SELF-EMPLOYED INDIVIDUAL An individual who has Earned Income for the taxable year from the trade or business for which the Plan is established including an individual who would have had Earned Income but for the fact that the trade or business had no net profits for the taxable year. 1.23
Salary Savings Agreement. The Employer shall contribute and allocate to each Participant's account an amount equal to the amount withheld from the Compensation of such Participant pursuant to his or her Salary Savings Agreement. If applicable, the maximum percentage is specified in Section 6 above. An Employee who has terminated his or her election under the Salary Savings Agreement other than for hardship reasons may not make another Elective Deferral: [ ] (i) until the first day of the next Plan Year. [ ] (ii) until the first day of the next valuation period. [X] (iii) for a period of 12 month(s) (not to exceed 12 months).
Salary Savings Agreement. The Employer shall contribute and allocate to each Participant's account an amount equal to the amount withheld from the Compensation of such Participant pursuant to his or her Salary Savings Agreement. An Employee who has terminated his or her election under the Salary Savings Agreement other than for hardship reasons may not make another Elective Deferral: [ ] (i) until the first day of the next Plan Year. [X] (ii) until the first day of the next valuation period. [ ] (iii) for a period of ___ month(s) (not to exceed 12 months). If no option is specified, option (ii) will apply. [X] (c) Matching Employer Contribution [See paragraphs (g), (h) and (i)]:
Salary Savings Agreement. The Employer shall contribute and allocate to each Participant's account an amount equal to the amount withheld from the Compensation of such Participant pursuant to his or her Salary Savings Agreement. If applicable, the maximum percentage is specified in Section 6 above. An Employee who has terminated his or her election under the Salary Savings Agreement other than for Hardship reasons may not make another Elective Deferral: [ ] (i) until the first day of the next Plan Year. [ ] (ii) until the first day of the [X] next valuation period [ ] second valuation period following termination. [ ] third valuation period following termination. [ ] (iii) for a period of month(s) (not to exceed 12 months).
Salary Savings Agreement. The Employer shall contribute and allocate to each Participant's account an amount equal to the amount withheld from the Compensation of such Participant pursuant to his or her Salary Savings Agreement. If applicable, the maximum percentage is specified in Section 6 above. An Employee who has terminated his or her election under the Salary Savings Agreement other than for hardship reasons may not make another Elective Deferral: [ ] (i) until the first day of the next Plan Year. [ ] (ii) for a period of month(s) (not to exceed 12 months).
Salary Savings Agreement. The Employer shall contribute and allocate to each Participant's account an amount equal to the amount withheld from the Compensation of such Participant pursuant to his or her Salary Savings Agreement. If applicable, the maximum percentage is specified in Section 6 above. An Employee who has terminated his or her election under the Salary Savings Agreement other than for hardship reasons may not make another Elective Deferral: [ ] (i) until the first day of the next Plan Year. [ ] (ii) until the next Valuation Date. [ ] (iii) until the first day of the next Plan Year or, if earlier, on the first day of the seventh month of the current Plan Year. [x] (iv) until the first day of the next Plan Year or, if earlier, on the first day of the fourth, seventh and tenth months of the current Plan Year. [ ] (v) for a period of _____ month(s) (not to exceed 12 months).
Salary Savings Agreement. The Employer shall contribute and allocate to each Participant's account an amount equal to the amount withheld from the Compensation of such Participant pursuant to his or her Salary Savings Agreement. If applicable, the maximum percentage is specified in Section 6 above. An Employee who has terminated his or her election under the Salary Savings Agreement other than for hardship reasons may not make another Elective Deferral: [ ] (i) until the first day of the next Plan Year. [ ] (ii) until the first day of the next valuation period.
Salary Savings Agreement. The Employer shall contribute and allocate to each Participant's account an amount equal to the amount withheld from the Compensation of such Participant pursuant to his or her Salary Savings Agreement. If applicable, the maximum percentage is specified in Section 6 above. PROTOTYPE CASH OR DEFERRED PROFIT- SHARING PLAN #001 An Employee who has terminated his or her election under the Salary Savings Agreement other than for hardship reasons may not make another Elective Deferral: [ ] (i) until the first day of the next Plan Year. [ ] (ii) until the first day of the next valuation period. [X] (iii) for a period of 1 month(s) (not to exceed 12 months).
Salary Savings Agreement. 7 1.72 Self-Employed Individual . . . . . . . . . . . . . . . . . . . . . 8 1.73 Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 1.74
