Common use of Uniform Points Contribution Formula Clause in Contracts

Uniform Points Contribution Formula. The allocation for each eligible Participant will be determined by a uniform points method. Each eligible Participant’s allocation shall bear the same relationship to the Employer contribution as the Participant’s total points bears to all points awarded. The Employer must grant points for at least age or Service. Each eligible Participant will receive _____ points for each of the following:

Appears in 4 contracts

Samples: Nonstandardized Adoption Agreement (First Northwest Bancorp), Nonstandardized Adoption Agreement (United Community Bancorp), Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc)

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Uniform Points Contribution Formula. The allocation for each eligible Participant will be determined by a uniform points method. Each eligible Participant’s allocation shall bear the same relationship to the Employer contribution as the Participant’s total points bears to all points awarded. The Employer must grant points for at least age or Service. Each eligible Participant will receive _____ points for each of the following: [ ] a. _____ year(s) of age. [ ] b. _____ Year(s) of Service determined:

Appears in 4 contracts

Samples: Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct), Prototype Defined Contribution Plan (Savannah Bancorp Inc), Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct)

Uniform Points Contribution Formula. The allocation for each eligible Participant will be determined by a uniform points method. Each eligible Participant’s allocation shall bear the same relationship to the Employer contribution as the Participant’s total points bears to all points awarded. The Employer must grant points for at least age or Service. Each eligible Participant will receive _____ points for each of the following:

Appears in 2 contracts

Samples: Prototype Defined Contribution Plan (Athens Bancshares Corp), Sterling Chemicals Inc

Uniform Points Contribution Formula. The allocation for each eligible Participant will be determined by a uniform points method. Each eligible Participant’s allocation shall bear the same relationship to the Employer contribution as the Participant’s total points bears to all points awarded. The Employer must grant points for at least age or Service. Each eligible Participant will receive _____ points for each of the following: [ ] a. year(s) of age. [ ] b. Year(s) of Service determined:

Appears in 1 contract

Samples: Prototype Defined Contribution Plan (Old Dominion Freight Line Inc/Va)

Uniform Points Contribution Formula. The allocation for each eligible Participant will be determined by a uniform points method. Each eligible Participant’s allocation shall bear the same relationship to the Employer contribution as the Participant’s total points bears to all points awarded. The Employer must grant points for at least age or Service. Each eligible Participant will receive _____ points for each of the following: ¨ a. year(s) of age. ¨ b. Year(s) of Service determined:

Appears in 1 contract

Samples: ASB Bancorp Inc

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Uniform Points Contribution Formula. The allocation for each eligible Participant will be determined by a uniform points method. Each eligible Participant’s allocation shall bear the same relationship to the Employer contribution as the Participant’s total points bears to all points awarded. The Employer must grant points for at least age or Service. Each eligible Participant will receive ________ points for each of the following: [ ] a. ______ year(s) of age. [ ] b. _____ Year(s) of Service determined:

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp)

Uniform Points Contribution Formula. The allocation for each eligible Participant will be determined detenmined by a uniform points method. Each eligible Participant’s 's allocation shall bear the same relationship to the Employer contribution as the Participant’s 's total points bears to all points awarded. The Employer must grant points for at least age or Service. Each eligible Participant will receive _____ points for each of the following:

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (BBCN Bancorp Inc)

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