Supplemental Contribution Clause Samples
A Supplemental Contribution clause defines the terms under which additional funds or resources may be provided by a party beyond the original agreement. Typically, this clause outlines the circumstances that trigger such contributions, the process for requesting and approving them, and any limitations or conditions attached. For example, it may allow for extra funding if project costs exceed initial estimates or if unforeseen expenses arise. The core function of this clause is to provide a structured mechanism for addressing financial shortfalls or new requirements, ensuring that the project or agreement can continue smoothly without renegotiating the entire contract.
Supplemental Contribution a contribution made by the Employer pursuant to Section 3.05.
Supplemental Contribution. Each USW employee who meets 401(k) Plan eligibility requirements will receive a supplemental contribution of three (3) percent of eligible wages January 1 or July 1 following one (1) year of completed service with Tidewater.
Supplemental Contribution. 4 Section 1.26 Tality's Auditors.....................................................4 Section 1.27
Supplemental Contribution. 14 2.50 Trust Agreement....................................................................... 14 2.51 Trustee............................................................................... 14 2.52