Examples of Matched Contributions in a sentence
The return of any Matched Contributions shall be accompanied by a forfeiture of the related Company Matching Contributions and any income attributable thereto.
Distributions shall first be made from Unmatched Contributions, excluding Catch-up Contributions, then from Matched Contributions.
Amounts withdrawn under this Section 7.1 shall be charged and withdrawn from a Participant’s After-Tax Contribution Account (along with attributable earnings), to the extent applicable, in the following order: (i) After-Tax Unmatched Contributions; and (ii) After-Tax Matched Contributions.
Each Participant shall be fully (100%) vested in his Basic Matched Contributions and Basic Unmatched Contributions, and earnings thereon, at all times.
A participant may contribute from 1% to 6% of their base compensation through payroll deductions for Before-Tax Matched Contributions and After-Tax Matched Contributions.