Matching Credit definition

Matching Credit means an amount credited under Section 3.4.

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

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

Examples of Matching Credit in a sentence

Notwithstanding the preceding, if the Plan Sponsor elects to make Matching Credits in accordance with Section V.(a)(iii) of the Adoption Agreement, a Participant will receive a Matching Credit under this Plan for a Taxable Year only if the Participant has made the maximum salary reduction contributions permitted under the Plan Sponsor’s qualified retirement plan during the applicable Taxable Year.
Notwithstanding the preceding, a Participant will receive an annual Matching Credit under this Plan for a Taxable Year only if the Participant has made the maximum salary reduction contributions permitted under the qualified plan during the applicable Taxable Year.
Each AMTOP Participant shall have one Founder's Credit posted to his or her AMTOP Account for each Matching Credit that is so posted during the twelve (12) months following the Effective Time.
Each month the Administrator will post on behalf of a Participating Agency a Matching Credit to the AMTOP Account of each Participant eligible for such Matching Credit.
A cash payment equal to $53,654, which represents the unpaid Matching Credit under the Company’s Employee Stock Purchase Plan (the “ESPP”) with respect to ▇▇▇▇▇’▇ Participant Contributions to the ESPP from October 1, 2018 until the Effective Date.

More Definitions of Matching Credit

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 credited to a Participant's Account pursuant to Section 5.1.

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

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;

Matching Credit means an amount credited to a Participant's account by the Company with respect to Elective Deferrals pursuant to Section 4.3.