Contribution Authorization definition

Contribution Authorization means an agreement by an Eligible Employee, provided at the time on a form and in a manner specified by the Administrative Committee (which may include electronic means), to reduce the base pay otherwise currently payable to him or her in the form of a payroll deduction from base pay in order to share in Pre-Tax Contributions and/or make After-Tax Contributions (such deduction shall comply with the further limitations in Section 3.1 of the Plan and shall not exceed fifteen percent (15%) of a participant’s Compensation otherwise payable for the payroll period prior to January 1, 2005 and seventy-five percent (75%) of a Participant’s Compensation otherwise payable for any payroll period thereafter). The term “Contribution Authorization” shall include a deemed election by an Eligible Employee pursuant to Section 3.1.2 to reduce base pay otherwise payable to him or her to be contributed to the Plan as a Pre-Tax Contribution (or such other applicable contribution as is provided for under Section 3.1.2).
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Contribution Authorization means an agreement by an Eligible Employee, provided at the time, on a form and in a manner specified by the Administrative Committee (which may include electronic means), to reduce the Compensation otherwise currently payable to him or her in the form of a payroll deduction from Compensation in order to make Pre-Tax Contributions, Roth Contributions and/or After-Tax Contributions (such deduction shall comply
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Contribution Authorization means an agreement by an Eligible Employee, provided at the time on a form and in a manner specified by the
Sample 1

Examples of Contribution Authorization in a sentence

  • RT-ABS was developed in Tasks 2.1 and 5.4. RT-ABS extends ABS to provide the primitives necessary to model timed behavior, deployment of active objects, and resource consumption of executing processes.

  • Participation requires completion of an Enrollment and Contribution Authorization Form during a scheduled open enrollment period.

  • The Union shall provide a copy of the Employee’s Voluntary Political Contribution Authorization Card to the Employer.

  • Catch-Up Contributions, Code, Company, Contribution Authorization, Eligible Employee, Investment Fund, MMC Stock, Participating Company, Matching Contributions, Non-Covered Company, Plan Year, Pre-Tax Contributions, Roth Contributions, Spouse, Stock Fund, and Year of Service have the meanings given them in the Basic Plan as from time to time in effect.

  • An Eligible Employee described in paragraph (a) or paragraph (b) above shall commence participation in the Plan upon the completion (or deemed completion) and implementation of his or her Contribution Authorization.

  • An Eligible Employee who fails to timely submit a completed Contribution Authorization or Enrollment Authorization shall not participate in the employee deferral and Matching Credit portion of the Plan for such Plan Year.

  • Catch-Up Contributions, Code, Company, Contribution Authorization, Eligible Employee, Employee, Investment Fund, MMC Fixed Company Contributions, MMC Stock, Participating Company, Matching Contributions, Non-Covered Company, Plan Year, Pre-Tax Contributions, Roth Contributions, Spouse, Stock Fund, and Year of Service have the meanings given them in the Basic Plan as from time to time in effect.

  • In such event, the maximum percentages allowable for Pre-Tax Contributions under Section 3.1 shall be reduced in accordance with the direction of the Administrative Committee, and the Contribution Authorization of any affected Eligible Employee Participant shall be modified accordingly.

  • If a Participant transfers from employment as an Eligible Employee with one Participating Company to employment as an Eligible Employee with another Participating Company, the Participant's Contribution Authorization shall be deemed to apply without interruption to the new Participating Company in the same manner as it applied to the prior Participating Company.

  • By signing an Automatic Cash Contribution Authorization Form, a Participant can also have optional cash investments deducted from his account at a financial institution that is a member of the National Automated Clearing House Association.

Related to Contribution Authorization

  • Certification Authority means an entity that certifies the generation, characteristics or Delivery of a REC, or the qualification of a Renewable Energy Facility or Renewable Energy Source under an Applicable Program, may include, as applicable, the Administrator, a GIS, a Governmental Authority, the Verification Provider, one or both of the Parties, an independent auditor, or other third party, and should include (i) if no Applicable Program is specified, the Seller, or the generator of the RECs if the Seller is not the generator, (ii) if the RECs are to be Delivered pursuant to an Applicable Program, the Administrator of the Applicable Program, or such other person or entity specified by the Applicable Program to perform Certification, or (iii) such other person or entity specified by the Parties.

  • education authority means a government department, a local authority as defined in section 579 of the Education Act 1996 (interpretation), a local education authority as defined in section 123 of the Local Government (Scotland) Act 1973, an education and library board established under Article 3 of the Education and Libraries (Northern Ireland) Order 1986, any body which is a research council for the purposes of the Science and Technology Act 1965 or any analogous government department, authority, board or body, of the Channel Islands, Isle of Man or any other country outside Great Britain;

  • Aviation Authority means the FAA or any Government Entity which under the Laws of the U.S. from time to time has control over civil aviation or the registration, airworthiness or operation of aircraft in the U.S. If the Aircraft is registered in a country other than the U.S., "Aviation Authority" means the agency which regulates civil aviation in such other country.

  • Resolution Authority means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.

  • Registration Authority or "RA" means an entity approved by a CA to assist Certificate Applicants in applying for, approving, rejecting, or revoking Certificates.

  • Data Protection Authority means an independent public authority that is legally tasked with overseeing compliance with applicable data protection laws.

  • Competition Authority means any Governmental Authority or other competition or antitrust body or other authority, in any jurisdiction, which is responsible for applying merger control or other competition or antitrust legislation in such jurisdiction, including the notion of “competent authority” as that term is used in the EC Merger Regulation;

  • Taxation Authority means any domestic or foreign government, agency or authority that is entitled to impose Taxes or to administer any applicable Tax legislation.

  • Relevant UK Resolution Authority means any authority with the ability to exercise a UK Bail-in Power.

  • EEA Resolution Authority means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.

  • Relevant Resolution Authority means the resolution authority with the ability to exercise any Bail-in Powers in relation to the relevant BRRD Party.

  • UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.

  • EEA migrant worker (“gweithiwr mudol AEE”) means an EEA national who is a worker, other than an EEA frontier worker, in the United Kingdom;

  • EEA Member Country means any of the member states of the European Union, Iceland, Liechtenstein, and Norway.

  • Procurement Event means the request for proposals, the evaluation of proposals and bids for wholesale energy products, and the execution of the applicable supplier contracts with Ameren Illinois Company as a counterparty pursuant to the Procurement Plan for the period starting in June 2021, as proposed by the Illinois Power Agency and approved by the Illinois Commerce Commission in Docket No. 20-0717.

  • Automatic licensure means granting the occupational licensure without an individual having met occupational licensure requirements provided under the Arkansas Code or by other provisions in these Rules.

  • Government energy aggregation program means a program and

  • EEA Regulated Market means a market as defined by Article 4.1(21) of Directive 2014/65/EU of the European Parliament and of the Council on markets in financial instruments, as amended;

  • Additional Day-ahead Scheduling Reserves Requirement means the portion of the Day- ahead Scheduling Reserves Requirement that is required in addition to the Base Day-ahead Scheduling Reserves Requirement to ensure adequate resources are procured to meet real-time load and operational needs, as specified in the PJM Manuals.

  • Environmental, Health or Safety Requirements of Law means all Requirements of Law derived from or relating to foreign, federal, state and local laws or regulations relating to or addressing pollution or protection of the environment, or protection of worker health or safety, including, but not limited to, the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601 et seq., the Occupational Safety and Health Act of 1970, 29 U.S.C. § 651 et seq., and the Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq., in each case including any amendments thereto, any successor statutes, and any regulations or guidance promulgated thereunder, and any state or local equivalent thereof.

  • Intra-governmental gift means any gift given to a Board member or employee from another Board member or employee, and "inter- governmental gift" means any gift given to a Board member or employee from an officer or employee of another governmental entity.

  • Governmental aggregator means one or more units of local

  • Disaster Recovery System means the system embodied in the processes and procedures for restoring the provision of Services following the occurrence of a disaster;

  • EEA means the European Economic Area.

  • the Scottish Infected Blood Support Scheme means the scheme of that name administered by the Common Services Agency (constituted under section 10 of the National Health Service (Scotland) Act 1978(b));

  • Authority Data means a) the data, text, drawings, diagrams, images or sounds (together with any database made up of any of these) which are embodied in any electronic, magnetic, optical or tangible media, and which are: