Examples of Elective Deferral Contribution in a sentence

Eligible Participant means, for purposes of determining the Contribution Percentage, any Employee who is eligible (i) to make a Participant Contribution or an Elective Deferral Contribution (if the Employer takes such contributions into account in the calculation of the Contribution Percentage), or (ii) to receive a Matching Contribution (including forfeitures) or a Qualified Matching Contribution.
The term Elective Deferral Contribution shall not include any deferrals properly distributed as excess annual additions.
The term Elective Deferral Contribution means any Employer Contribution made to the Plan at the election of the Participant, in lieu of cash compensation, and includes contributions made pursuant to a Salary Deferral Agreement or other deferral mechanism.
Participants and Beneficiaries who are parties in interest under section 3(14) of ERISA shall have the right to borrow from their Elective Deferral Contribution accounts, Employer Matching Contributions accounts, and Employer Profit Sharing Contributions accounts on a reasonably equivalent basis and subject to prior approval by the Administrator.
An automatically-enrolled Participant shall be deemed to have elected an Elective Deferral Contribution rate equal to two percent (2%) of Compensation earned during the portion of the Plan Year subsequent to the date of automatic enrollment during which such individual is a Participant.

More Definitions of Elective Deferral Contribution

Elective Deferral Contribution means any Employer contribution to the Plan that is made pursuant to a Participant's Elective Deferral, in lieu of cash compensation. With respect to any taxable year, an Elective Deferral Contribution is the sum of all Employer Contributions made on behalf of such Participant pursuant to Section 4.1(a). The Elective Deferral Contribution shall not include any deferrals properly distributed as excess annual additions.

Elective Deferral Contribution means any Employer contribution to the Plan that is made pursuant to a Participant’s Elective Deferral election, in lieu of cash compensation. An Elective Deferral Contribution shall not include any deferrals properly distributed as excess Annual Additions.

Elective Deferral Contribution means any amount of a Participant’s Salary and/or Bonus which he elects to defer hereunder pursuant to an Elective Deferral Agreement and to have such deferred amount applied to a Restricted Stock Award pursuant to Section 4. If an Active Participant is authorized by his Adopting Employer to take a paid leave of absence from Employment, the Participant shall continue to be considered in Employment and his Elective Deferral Contributions shall continue to be withheld during such paid leave of absence. If an Active Participant is authorized by his Adopting Employer for any reason to take an unpaid leave of absence from Employment, the Participant shall continue to be considered in Employment and the Participant shall be excused from making Elective Deferral Contributions from his Salary until the Participant returns to a paid Employment status. Upon his return, Elective Deferral Contributions shall resume for the remaining portion of the Program Year in which the expiration or return occurs, based on the Participant’s Elective Deferral Agreement as in effect for that Program Year, i.e., the same percentage or dollar amount of Salary that was being withheld prior to the unpaid leave of absence shall resume after return to active service, but no make-up elective contributions can be made for the leave period. A leave of absence shall not affect any Bonus deferral election made by the Participant under his Elective Deferral Agreement.

Elective Deferral Contribution means for any Member, (1) that portion of the Participating Employer’s contributions to the Plan made at the instruction of such Member in accordance with Section 5.2 as part of a qualified cash or deferred arrangement within the meaning of section 401(k) of the Code, (2) that portion of the Participating Employer’s contributions to the Plan made in accordance with the automatic enrollment process as provided in Section 3.1 as part of a qualified cash or deferred arrangement within the meaning of section 401(k) of the Code and (3) if applicable, the Elective Deferral Contributions made by Westinghouse on behalf of such Member to the Prior Plan that have been transferred to the Plan in connection with the Acquisition. Pursuant to Section 5.3, and to the extent provided therein, Elective Deferral Contributions shall include Roth Contributions.

Elective Deferral Contribution means an elective deferral contribution made to the 401(k) plan.

Elective Deferral Contribution means the Employer's contributions to the Plan that are made pursuant to the Participant's deferral election pursuant to section 11.2, excluding any such amounts distributed as "excess annual additions" pursuant to section 4.4. Elective Deferral Contributions shall be subject to the requirements of sections 11.2(b) and 11.2(c) and shall further be required to satisfy the discrimination requirements of Regulation ss.1.401(k)-1(b)(3), the provisions of which are specifically incorporated herein by reference.

Elective Deferral Contribution means the amount of Compensation that a Participant elects to defer for a Plan Year under Section 4.1.