Timing, Medium and Posting. The Employer shall make each period’s Formula Based Contribution in cash as soon as is feasible, and not later than the Employer’s federal tax filing date, including extensions, for deducting such Contribution.
Timing, Medium and Posting. The Employer shall make each period's Company Match Contribution in cash as soon as is feasible, and not later than the Employer's federal tax filing date, including extensions, for deducting such Contribution. The Trustee shall post such amount to each Participant's Company Match Account once the total Contribution received has been balanced against the specific amount to be credited to each Participant's Company Match Account.
Timing, Medium and Posting. The Employer shall make each period’s Special Contribution in cash as soon as is feasible, but no later than twelve (12) months after the end of the Plan Year to which it is allocated. The Administrator shall post such amount to each Participant’s Special Account once the total Contribution received by the Custodian has been balanced against the specific amount to be credited to each Participant’s Special Account.
Timing, Medium and Posting. An Employer shall make each period’s Company Matching Contribution as soon as administratively feasible, and for purposes of deducting such Contribution, by not later than the Employer’s federal tax filing date, including extensions. The Trustee shall post such amount to each Participant’s Company Matching Contribution Account as soon as administratively reasonable after the total Contribution received has been balanced against the specific amount to be credited to each Participant’s Company Matching Contribution Account. The Company Matching Contributions may be made either in (i) cash or (ii) shares of Company Stock, valued at the closing price of the shares on the New York Stock Exchange on the date the contribution on which the Company Matching Contribution is based is withheld from the Participant’s Pay, if the shares are contributed directly to the Trust. The Employer may also, in one or more transactions, purchase shares of Company Stock in the open market as treasury stock with instructions to the broker-dealer or other person authorized to execute the transaction to deliver on behalf of the Employer the shares purchased by the Employer upon settlement to the Trustee (or for credit to the Trustee’s account with a depository), in which event the shares purchased shall be valued at the cost of treasury stock purchased, plus commission, if any, and any other out-of-pocket expenses related to the transaction. Alternatively, the Employer may, in one or more transactions, purchase shares of Company Stock directly from a Participant, employee or other person, other than a Participant, employee or other person to whom the restrictions in Section 16(a) or Section 16(b) of the Securities and Exchange Act of 1934 are applicable, with instructions to the transfer agent of the Employer to deliver the certificates for such shares of treasury stock directly to the Trustee (or for credit to the Trustee’s account with a depository); the purchase price for any such shares of treasury stock shall be based on the closing price of the Company Stock on the New York Stock Exchange on the business day of the transaction (and shall not include any out-of-pocket expenses related to such a transaction), which shall be the value of the shares delivered to the Trustee for Plan accounting purposes.
Timing, Medium and Posting. Pre-Tax Contributions shall be paid to the Custodian in cash and posted to each Participant’s Pre-Tax Account by the Administrator as soon as such amounts can reasonably be balanced against the specific amount made on behalf of each Participant. Pre-Tax Contributions shall be paid to the Custodian not later than the fifteenth (15th) day of the month next following the month in which amounts are deducted from the Participant’s Compensation.
Timing, Medium and Posting. The Employer shall make each period’s Pay Based Contribution in cash as soon as is feasible and not later than the Employer’s federal tax filing date, including extensions, for deducting such Contribution. The Administrator shall post such amount to each Participant’s Matching Account once the total Contribution received by the Custodian has been balanced against the specific amount to be credited to each Participant’s Pay Based Account.
Timing, Medium and Posting. Pre-Tax, Catch-up, and Post-Tax Contributions shall be paid to the Custodian in cash and posted to each Participant’s Pre-Tax, Catch-up, or Post-Tax Account, respectively, by the Administrator as soon as such amounts can reasonably be balanced against the specific amount made on behalf of each Participant. Pre-Tax, Catch-up, and Post-Tax Contributions shall be paid to the Custodian not later than the fifteenth (15th) day of the month next following the month in which amounts are deducted from the Participant’s Compensation.
Timing, Medium and Posting. The Employer shall make each Plan Year's Profit Sharing Contribution in cash as soon as administratively feasible, and for purposes of deducting such Contribution, not later than the Employer's federal tax filing date, including extensions. The Trustee shall post such amount to each Participant's Profit Sharing Post-09/30/96 Account once the total Contribution received has been balanced against the specific amount to be credited to each Participant's Profit Sharing Post-09/30/96 Account.
Timing, Medium and Posting. The Employer shall make each period's Qualifying Contribution in cash as soon as administratively feasible, and for purposes of deducting such Contribution, not later than the Employer's federal tax filing date, including extensions. Notwithstanding, for purposes of satisfying the tests described in Section 12, Qualifying Contributions shall be made before the end of the Plan Year following the Plan Year being tested. The Trustee shall post such amount to each Participant's Qualifying Account once the total Contribution received has been balanced against the specific amount to be credited to each Participant's Qualifying Account.
Timing, Medium and Posting. The Employer shall make each period's Company Match Contribution in cash as soon as administratively feasible, and for purposes of deducting such Contribution, not later than the Employer's federal tax filing date, including extensions, for the Employer's taxable year that ends with or within the Plan Year for which the Company Match Contribution is made. Such amounts shall be paid to the Trustee and posted to each Participant's 401(k) Company Match Account and After-Tax Company Match Account once the total Company Match Contribution received has been balanced against the specific amount to be credited to each Participant's 401(k) Company Match Account and After-Tax Company Match Account. 09/15/97 14 6 ACCOUNTING
