Examples of Company Contribution in a sentence
Unless the context clearly indicates otherwise, a reference to Company Contribution shall include Earnings attributable to such contribution.
The amount so credited to a Participant may be smaller or larger than the amount credited to any other Participant, and the amount credited to any Participant for a Plan Year may be zero, even though one or more other Participants receive an Annual Company Contribution Amount for that Plan Year.
Company Contributions are credited at the sole discretion of the Participating Employer and the fact that a Company Contribution is credited in one year shall not obligate the Participating Employer to continue to make such Company Contribution in subsequent years.
Company Contribution means a credit by a Participating Employer to a Participant’s Account(s) in accordance with the provisions of Article V of the Plan.
The Participating Employer may, at any time, in its sole discretion, increase a Participant’s vested interest in a Company Contribution.