Matching Credit definition

Matching Credit means an amount credited under Section 3.4.

Matching Credit means the employer matching contribution made on behalf of a Participant as described in the Retirement Savings Plan.

Matching Credit means the amount that is credited to a Participant’s Account in accordance with Section 4.5.

Examples of Matching Credit in a sentence

• The Provider Portal has three sections per funding period, separating the age groups.

• For each Participant who is not an Officer under Section 5.2 above and who remains an Employee on each day from a Quarter End until the Matching Date for such Quarter End, the Matching Credit shall be an amount equal to one-third of the amount of Participant Contributions credited to the Participant’s Account for the Quarter ending on the applicable Quarter End.

• That potential maximum amount shall be credited to a Participant’s Company Matching Credit Account only if the Participant has deferred at least 6% of Total Eligible Compensation, taking into account deferrals under this Plan and pre-tax elective deferrals under the SIP.

• That potential maximum amount shall be credited to a Participant’s Company Matching Credit Account only if the Participant has deferred at least 6% of Total Eligible Compensation, taking into account deferrals under this Plan and pre-tax elective deferrals under the BD 401(k) Plan (other than catch-up contributions).

• Company Matching Credits under Section 3.4(a) shall be credited to the Participant’s Company Matching Credit Account as soon as practicable as determined by the Committee after such deferral is credited to the Participant’s Deferred Salary Account and/or Deferred Bonus Account, but in no event less frequently than on a annual basis, and shall be subject to the overall Plan Year limit on such amounts described in Section 3.4(a) and the vesting schedule described in Article V.

More Definitions of Matching Credit

Matching Credit means the amount credited to a Participant’s Account pursuant to Section 5.1.

Matching Credit means Equivalent Shares that the Administrator posts to each Participant’s AMTOP Account in any month on behalf of the Sponsoring Company, pursuant to Section 4.1.

Matching Credit means the amount credited to a Participant's Account pursuant to Section 5.1.

Matching Credit means the Company's credit to the Participant's Restoration Account under Section 4.1(a).

Matching Credit means Equivalent Shares that the Administrator posts to each Participant’s Matching Account in any month on behalf of HealthMarkets, pursuant to Section 9.1.

Matching Credit means any Company Contribution designated by the Committee as a Matching Credit in accordance with Section 4.1(b).

Matching Credit means a credit by the Company to an Executive's Matching Account under Section 5.3 of the Plan;