Fixed Contributions definition

Fixed Contributions means contributions made to the Plan by the Company under Section 4.01(a).
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Fixed Contributions means contributions made to the Plan pursuant to Section 6(c). 1294077.4
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Fixed Contributions. OR “Prior Fixed MPP” OR “Prior 401k Match” OR “Prior 401k Company Disc”. Participants with assets in the “Co Fixed 401k Plan” source OR the “Prior 401k Company Fixed” source shall be vested in accordance with the following schedule: 0 (zero) Years of Vesting Service = 0% Vested Interest, 1 (one) Years of Vesting Service = 0% Vested Interest, 2 (two) Years of Vesting Service = 0% Vested Interest, 3 (three) Years of Vesting Service = 0% Vested Interest, 4 (four) Years of Vesting Service = 0% Vested Interest, 5 (five) Years of Vesting Service = 100% Vested Interest. Participants with assets in the described sources were subject to the preceding vesting schedule for such assets when the Plan converted to the Fidelity Basic Plan Document No. 17 and its Adoption Agreement on 07/01/2019 and/or had assets transferred to the Plan from the AVX Corporation Retirement Plan and/or the AVX 401(k) Plan on 07/01/2019 when these plans either merged or had assets transferred to the Plan and these Participants will continue to be subject to the vesting schedule described herein for such assets within the described sources. FORMS OF PAYMENT ADDENDUM for Plan Name: AVX Greenville LLC 401(k) Plan
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Examples of Fixed Contributions in a sentence

  • Effective January 1, 2000, Section 5.5 of the Plan, regarding Company Fixed Contributions, also shall apply to this Participating Company.

  • The Contribution Period for Company Fixed Contributions under the Plan is each pay period.

  • Company Fixed Contributions otherwise allocable to the Participant's Account for the "limitation year", if any, shall be reduced.

  • Forfeitures credited to a Participant's Account hereunder shall be credited to his Company Fixed Contributions Sub-Account.

  • Any forfeiture under this Section shall be applied first to make restorations hereunder and then, subject to Section 7.06, to reduce Fixed Contributions.

  • A Participant's vested interest in amounts attributable to forfeitures allocated to his Company Fixed Contributions Sub-Account shall be determined under the vesting schedule otherwise applicable to such Sub-Account pursuant to Article VI.

  • Notwithstanding the foregoing, however, no Matching Contribution shall be allocated with respect to any excess deferral under Section 3.02, any Excess Salary Deferral under Section 3.04, or any Salary Deferral that is returned to the Participant pursuant to Section 5.04; and provided further that the Fixed Contributions for a Plan Year shall not be less than the sum of any required principal and interest payments on all Acquisition Loans.

  • A person who was an Eligible Employee at any time during a Contribution Period shall be eligible to receive an allocation of Company Fixed Contributions for such Contribution Period.

  • There shall be no Pre-Tax Contributions or After-Tax Contributions from his Annual Benefit Salary or Wages during the period of long-term disability, and Employing Company Contributions and Fixed Contributions shall not be based on his Annual Benefit Salary or Wages during the period of long-term disability.

  • The Pre-Tax Contributions, After-Tax Contributions, and Employing Company Contributions (other than Fixed Contributions) made on behalf of any Participant for any Plan Year, when expressed as a percentage of such Participant’s compensation within the meaning of Section 414(s) of the Code for such Plan Year, shall not exceed the Actual Deferral Percentage permitted by Section 401(k)(3) of the Code or the Actual Contribution Percentage permitted by Section 401(m)(2) of the Code for such Plan Year.


More Definitions of Fixed Contributions

Fixed Contributions means the company contributions credited to a Participant Account under Section 4.12.
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Fixed Contributions means contributions made by the Company on behalf of a Frontier Union Participant in accordance with Section 3.07 of the Plan.
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Related to Fixed Contributions

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Accumulated contributions means the sum of all

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • Member contributions means all amounts paid to ASRS by a member.

  • After-Tax Contributions means amounts withheld from an Employee’s Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Additional contributions means contributions made by a member of a defined benefit plan to

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Regular contributions means the amounts required to be

  • Matching Contributions means local cash and/or in-kind contributions made by the Contractor, a subcontractor, or other local resources that qualify as match for the Contract funding.

  • Voluntary Contributions means voluntary amounts contributed by a member or participating member into a health reimbursement account. However, to the extent required by applicable law, voluntary amounts shall not be contributed through a salary reduction election under a cafeteria plan pursuant to section 125 of the internal revenue code, 26 USC 125.

  • Excluded Contributions means the Cash Equivalents or other assets (valued at their Fair Market Value as determined in good faith by senior management or the Board of Directors of the Issuer) received by the Issuer after the Issue Date from:

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Other Contributions means financial or in-kind contributions other than the Grant as set out below: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>

  • Contribution Rate means, in a reserve study as described in RCW 64.38.065, the amount contributed to the reserve account so that the association will have cash reserves to pay major maintenance, repair, or replacement costs without the need of a special assessment.

  • Excluded Contribution means net cash proceeds, marketable securities or Qualified Proceeds received by the Issuer from

  • Employer Contributions means all amounts paid into ASRS by an

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.