Matching Contribution Rate definition

Matching Contribution Rate means, with respect to each Pay Type, the respective percentage rate, if any, set forth in the Adoption Agreement for such Pay Type, which rate shall be used to calculate Annual Company Matching Amounts pursuant to Section 3.4, subject to the Matching Contribution Limit, if any, applicable to such Pay Type.
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Matching Contribution Rate discretionary match based on plan year – to be communicated annually by Corporate leadership
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Examples of Matching Contribution Rate in a sentence

  • CROZER will contribute to the current 401K Plan for each employee a percentage of their contribution to the plan based on the following schedule: Years of Maximum CROZER Service Maximum Employee Contribution Matched CROZER Matching Contribution Rate of Contribution under 10 $2,000 $1,000 50% 10 Plus $4,000 $2,000 50% Annual contributions to qualified accounts that are less than the maximum amount will be matched on a pro-rated basis according to the contribution rates listed above.

  • This Agreement shall enter into force thirty days after the date on which the Contracting Parties have notified Each other that she legal D - constitutional requirements, as the case say be, for the entry into forte of this Agreement Have beet fulfilled.

  • By: Title: Declared Rate: ___ Percent (___%) (the “Declared Rate”) Matching Contribution Rate: ___ Percent (___%) (the “Matching Contribution Rate”) This Agreement is entered into this ___day of , 20___ between FAMOUS DAVE’S OF AMERICA, INC., hereinafter referred to as the “Company,” and , hereinafter referred to as the “Participant.” I acknowledge that as a Designated Employee of the Company I have been offered an opportunity to participate in the Famous Dave’s of America, Inc.