Discretionary Contribution definition

Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

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Discretionary Contribution means a contribution made to a Participant’s Account in the Compensation Committee’s discretion pursuant to Section C.3.

Discretionary Contribution means an Employer contribution determined in accordance with Section 4.4 (Discretionary Contributions) of this Plan, which may, in the discretion of the Employer, be transferred to the Trust.

Examples of Discretionary Contribution in a sentence

Any balance in the Regular Account, Employer Discretionary Contribution Account or in the Employer Matching Contribution Account, if any, of a Participant who is separated from service, to which he is not entitled under the foregoing provisions, shall be forfeited and applied as provided in Sections 3.2 and 4.2 of this Plan, and Section X(E) of the Dreyfus Standardized/Paired Prototype Target Benefit Plan and Trust Adoption Agreement.
If a Participant is not already fully vested in his Regular Account, Employer Discretionary Contribution Account, and Employer Matching Contributions Account, he shall become so upon reaching Normal Retirement Age or Early Retirement Age, or upon his death or Total and Permanent Disability.
Except in the case of Plans subject to full and immediate vesting, a Participant's vested amount shall be calculated by multiplying his Regular Account balance, Employer Discretionary Contribution Account balance, and Employer Matching Contribution Account balance, if any, as determined on the Valuation Date following his termination of employment by his vested interest as determined under Section 7.
If elected by the Employer in the Adoption Agreement, distributions may be made from a Participant's Elective Deferral, Qualified Nonelective Contribution Account, vested portion of the Participant's Employer Discretionary Contribution Account, or the vested portion of the Employer Matching Contribution Account on account of financial hardship if the distribution is necessary in light of the immediate and heavy financial needs of the Participant.
Each Participant's Regular Account, Employer Discretionary Contribution Account, and Employer Matching Contribution Account shall vest in accordance with the vesting schedule elected in the Adoption Agreement.

More Definitions of Discretionary Contribution

Discretionary Contribution means a Company contribution to a Participant’s Account made in the Compensation Committee’s discretion pursuant to Section E.2 of this Plan.

Discretionary Contribution means, with respect to each Plan Year, the portion of the Employer Contribution as provided in Section 4.2(b).

Discretionary Contribution means an unfunded contribution for the benefit of a Participant, as described in Section 6.

Discretionary Contribution means an amount contributed to the Plan by a Participating Employer pursuant to Section 6(b) and credited to a Participant’s Discretionary Contribution Account.

Discretionary Contribution means a contribution made for the benefit of a Participant by a Participating Employer in the discretion of the Board of Directors.

Discretionary Contribution means the amount the Company contributes to the Plan on behalf of a Participant, pursuant to Section 5.02.

Discretionary Contribution means the Company’s contribution, if any, made pursuant to Section 4.6.