Examples of Company Matching Contributions in a sentence
Company Matching Contributions attributable to amounts returned under this subparagraph shall be forfeited.
In addition, any Company Matching Contributions associated with the Excess Contribution shall be treated as forfeiture and used to reduce the Employer’s contribution under Section 3 of the Plan.
Such forfeited amounts shall be held by the Trustee in a suspense account and applied towards subsequent Company Matching Contributions.
The Board may change the amount of the Company Matching Contributions for any future Plan Year by giving written notice to eligible Participants prior to the Election Date for such Plan Year.
The return of any Matched Contributions shall be accompanied by a forfeiture of the related Company Matching Contributions and any income attributable thereto.