Discretionary Employer Contribution definition

Discretionary Employer Contribution means a contribution made by the Employer pursuant to Section 6.1(a).

Discretionary Employer Contribution means a Contribution made by an Employer which is unrelated to any Participant Contributions, as described under Section 3.05.

Discretionary Employer Contribution means a profit sharing contribution made by the Company to the Retirement Plan pursuant to Section 4.06 of the Retirement Plan.

Examples of Discretionary Employer Contribution in a sentence

• In addition, participation of an Eligible Employee who has not otherwise commenced participation in the Plan, shall commence when a Discretionary Employer Contribution is made to the Account of such Eligible Employee pursuant to the provisions of Section 3.2.

• Except as otherwise set forth below in respect to the 1997 Profit Sharing Contribution Program and the 2003 Discretionary Employer Contribution Program, Company employees in eligible groups can participate in the Plan immediately upon hire or attainment of age 18, whichever is later.

• The Plan also offers a Retirement Accumulation Account (“RAA”) and Discretionary Employer Contribution (“DEC”) features.

• Any and all withdrawals, distributions or payments from a Participant's Discretionary Employer Contribution Account shall be made in accordance with Article VII, or Article VIII of the Plan, whichever is applicable.

• Any Employer Contributions we make will be made in accordance with the following Employer Contribution formula.• Discretionary Employer Contribution formula.

More Definitions of Discretionary Employer Contribution

Discretionary Employer Contribution means a Contribution (including a Special SCA Discretionary Contribution and a Special SCA Compliance Contribution) made by an Employer which is unrelated to any Participant Contributions, as described under Section 3.06.

Discretionary Employer Contribution means the amount contributed by the Employer in accordance with Section 5.1.

Discretionary Employer Contribution means an amount credited to a Participant’s Account pursuant to Section 4.05.

Discretionary Employer Contribution means the Employer's contribution made pursuant to the provisions of Section 5.4 of the Plan, if any.

Discretionary Employer Contribution means a discretionary contribution by a Participating Employer under Section 3.6.

Discretionary Employer Contribution means contributions made by Employer, in Employer's sole discretion, to the Account of one or more Participants in such amount as Employer shall determine. Employer is under no obligation to make any Discretionary Employer Contributions at any time under this Plan. If Employer makes any Discretionary Employer Contributions, Employer shall be free to allocate them among Participants in any way Employer deems appropriate and Employer shall be free to omit any Participants from the allocation of such Discretionary Employer Contributions. Any Discretionary Employer Contributions shall be credited to a Participant's Account upon delivery of the contribution to the Plan Administrator for credit to the Participant's Plan Account.

Discretionary Employer Contribution means the contribution ----------------------------------- described in Section 4.2.