Common use of Tiered Match Clause in Contracts

Tiered Match. The Employer shall contribute to each eligible Participant's account an amount equal to: % of the first % of the Participant's Compensation contributed, and % of the next % of the Participant's Compensation contributed, and % of the next % of the Participant's Compensation contributed. The Employer’s contribution will be made up to the Compensation, or $ . greater of lesser of % of

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

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Tiered Match. The Employer shall contribute to each eligible Participant's ’s account an amount equal to: ________% of the first ________% of the Participant's ’s Compensation contributed, and ________% of the next ________% of the Participant's ’s Compensation contributed, and ________% of the next ________% of the Participant's ’s Compensation contributed. The Employer’s contribution will be made up to the ¨ greater of ¨ lesser of _________% of Compensation, or $ . greater of lesser of % of.

Appears in 1 contract

Samples: Defined Contribution Plan (Chicopee Bancorp, Inc.)

Tiered Match. The Employer shall contribute to each eligible Participant's account an amount equal to: 100% of the first 2% of the Participant's Compensation contributed, and 75% of the next 2% of the Participant's Compensation contributed, and 50% of the next 2% of the Participant's Compensation contributed. The Employer’s 's contribution will be made up to the [x] greater of [ ] lesser of 6.0% of Compensation, or $ . greater of lesser of % of$__________.

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

Tiered Match. The Employer shall contribute to each eligible Participant's ’s account an amount equal to: % of the first % of the Participant's ’s Compensation contributed, and 14 §401(k) Plan AA #010 % of the next % of the Participant’s Compensation contributed, and % of the next % of the Participant's Compensation contributed, and % of the next % of the Participant's ’s Compensation contributed. The Employer’s contribution will be made up to the [ ] greater of [ ] lesser of % of Compensation, or $ . greater of lesser of % of.

Appears in 1 contract

Samples: Defined Contribution Plan (Georgetown Bancorp, Inc.)

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Tiered Match. The Employer shall contribute to each eligible Participant's account an amount equal to: ________% of the first ________% of the Participant's Compensation contributed, and ________% of the next ________% of the Participant's Compensation contributed, and ________% of the next ________% of the Participant's Compensation contributed. The Employer’s contribution will be made up to the [ ] greater of [ ] lesser of _________% of Compensation, or $ . greater of lesser of % of$__________.

Appears in 1 contract

Samples: Adoption Agreement (Atlas America Inc)

Tiered Match. The Employer shall contribute to each eligible Participant's ’s account an amount equal to: % of the first % of the Participant's ’s Compensation contributed, and % of the next % of the Participant's ’s Compensation contributed, and % of the next % of the Participant's ’s Compensation contributed. The Employer’s contribution will be made up to the ¨ greater of ¨ lesser of % of Compensation, or $ . greater of lesser of % of.

Appears in 1 contract

Samples: Defined Contribution Plan (United Community Bancorp)

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