Examples of Company Discretionary Contributions in a sentence
And if you die while performing qualified military service, your beneficiary will also receive any missed Company Discretionary Contributions attributable to the period you were serving in the military.
You Die: If you die while employed by the Company, you become 100% vested in Company Discretionary Contributions, regardless of your actual years of employment.
Contributions including Company Matching Contributions and Company Discretionary Contributions made by the Company on your behalf.
However, you are not eligible to make payroll contributions to your Empower account, receive Company Matching Contributions or Company Discretionary Contributions, nor are you permitted to take out a loan during the time you are ineligible to participate in the Heritage 401(k) Plan.
The Company may elect to treat any portion of forfeitures occurring during the Plan Year as Company Discretionary Contributions, pursuant to section 5.5. Company Discretionary Contributions shall be allocated to each "eligible Participant" in proportion to the eligible Participant's Compensation.