Contributing Participant definition
Examples of Contributing Participant in a sentence
A Participant who wishes to enroll as a Contributing Participant must complete, sign and file a salary reduction agreement (or agreement to make Nondeductible Employee Contributions) with the Plan Administrator.
Each Employee who satisfies the eligibility requirements specified in the Adoption Agreement may enroll as a Contributing Participant as of any subsequent Entry Date (or earlier if required by Section 2.03) specified in the Adoption Agreement for this purpose.
The amount of such reduction shall be contributed to the Plan by the Employer on behalf of the Contributing Participant.
A Contributing Participant may modify a salary reduction agreement to prospectively increase or decrease the amount of his or her Elective Deferrals as of such times established by the Plan Administrator in a uniform and nondiscriminatory manner.
Each unit will be issued so that the holder of the unit also is the holder of each security included in the unit.