SAVINGS PLAN 401(k) Sample Clauses

SAVINGS PLAN 401(k). The Employer will provide a 401k plan, making whatever changes may be required to comply with applicable laws and regulations. The Employer will match the 401k contributions of nurses in accordance with the terms of their matching plan. The plan documents related to the Retirement Benefits are hereby incorporated by reference and considered a part of this Agreement.
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SAVINGS PLAN 401(k). 24.1 Regular full-time and regular part-time employees hired prior to June 1, 2011, who do not or cannot exercise the option described in Article 22, Section 22.5, shall be eligible to participate in the Company 401(k) Savings Plan (the “401(k) Plan”), without a Company match, in accordance with the terms of the 401(k) Plan. Under the terms of prior collective bargaining agreements, in 2005 the following current employees (as of May 16, 2011) qualified for and received a 401(k) Company match “buy-out” in the form of a one-time contribution of $1500.00 to their 401(k) accounts: Xxxxxxxx, Xxxxx X Xxxxxxxxx, Xxxxxx X Xxxxxxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx X Xxxxx, Xxxx Xxxxxxxx, Xxxxx X Xxxxxx, Xxxx X Xxxxxxx, Xxxxxxx X Xxx, Xxxx X Xxxxxxxx, Xxxxx X Xxxxxxxxxx, Xxxxx X Xxxxx, Xxxxxxx X Xxxxxx, Xxxxxxx X Xxxxx, Xxxxx X Xxxxxxx, Xxxxxx X Xxxxxxxx, Xxxxxx J 24.2 Regular full-time and regular part-time employees hired on or after June 1, 2011, and those employees who exercise (d) the option described in Article 22, Section 22.5, shall be eligible to participate in the 401(k) Plan, with a Company match, in accordance with the terms of the 401(k) Plan. 24.2.1 Each employee eligible to participate in the 401(k) Plan, with a Company match, who makes employee contributions to the 401(k) Plan shall be eligible for Company matching contributions equal to 50% of the first 8% of such employee’s contributions to the 401(k) Plan (subject to a maximum Company contribution of 4% per pay period and to a five-year graded vesting schedule in accordance with the terms of the 401k) Plan). 24.3 The Company may make changes to said plan as regards administrators and investment options provided any such changes are consistent with changes made for a majority of Company employees eligible for participation in said plan.
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SAVINGS PLAN 401(k). Effective May 1, 2007, the Employer agrees to match fifty-percent (50%) of each employee’s contributions to maximum of two (2%) Employer match for the employee. Employees may contribute from one-percent (1%) to sixteen-percent (16%). No waiting period for present employees with one (1) or more years of service to participate. New hires and present employees with less than one (1) year of service must
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SAVINGS PLAN 401(k). The Company shall continue to authorize all employees to participate in the Delaware Resource Group plan (401K). The Company will offer a 50% match for match the first 6% of an employee contribution. There are no profit sharing privileges. The total amount of an employees' 401K contribution will not exceed the established IRS maximum contribution levels.
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SAVINGS PLAN 401(k). Section 0 000(X) XXXXXXX PLAN
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Related to SAVINGS PLAN 401(k)

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • Savings Plans Employee shall be entitled to participate in Employer’s 401(k) plan, or other retirement or savings plans as are made available to Employer’s other executives and officers and on the same terms which are available to Employer’s other executives and officers.

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.

  • Retirement Plans (a) In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (“Qualified Plans”) (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, Transfer Agent shall provide the following administrative services: (i) Establish a record of types and reasons for distributions (i.e., attainment of eligible withdrawal age, disability, death, return of excess contributions, etc.); (ii) Record method of distribution requested and/or made; (iii) Receive and process designation of beneficiary forms requests; (iv) Examine and process requests for direct transfers between custodians/trustees, transfer and pay over to the successor assets in the account and records pertaining thereto as requested; (v) Prepare any annual reports or returns required to be prepared and/or filed by a custodian of a Retirement Plan, including, but not limited to, an annual fair market value report, Forms 1099R and 5498; and file same with the IRS and provide same to Participant/Beneficiary, as applicable; and (vi) Perform applicable federal withholding and send Participants/Beneficiaries an annual TEFRA notice regarding required federal tax withholding. (b) Transfer Agent shall arrange for PFPC Trust Company to serve as custodian for the Retirement Plans sponsored by a Fund. (c) With respect to the Retirement Plans, Transfer Agent shall provide each Fund with the associated Retirement Plan documents for use by the Fund and Transfer Agent shall be responsible for the maintenance of such documents in compliance with all applicable provisions of the Code and the regulations promulgated thereunder.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Health Care Savings Plan As provided in this Agreement, eligible ASF Members will participate in the health care savings plan (HCSP) established under Minnesota Statute 352.98, and as administered by the Plan Administrator. The Employer is responsible only for transferring funds, as specified in this agreement, to the Plan Administrator. Subd. 1. All ASF Members who receive severance pay as defined in Section A of this article must participate in the health care savings plan. Subd. 2. All severance pay as defined in Section B of this article shall be transferred to the severed employee's health care savings plan account. At the time of separation, if an ASF Member has an approved exception to participation in the health care savings plan account from the plan administrator, then the ASF Member shall receive this payment in one lump sum payment of cash.

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

  • Deferred Compensation Plans Employees are to be included in the State of California, Department of Personnel Administration's, 401(k) and 457 Deferred Compensation Programs. Eligible employees under IRS Code Section 403(b) will be eligible to participate in the 403(b) Plan.

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