Operating Company Contribution definition

Operating Company Contribution has the meaning set forth in Section 2.5.
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Operating Company Contribution means for a Plan Year the operating income of Day-Timers, Day-Timer Concepts, Inc., Day-Timers of Canada, Ltd., Day-Timers Pty. Limited, Day-Timers of Europe, Superstores Business Venture, and Day-Timers Technology Business Venture excluding amortization of intangibles for such Plan Year.
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Operating Company Contribution has the meaning set forth in Section 2.5. “Partnership” has the meaning set forth in the introduction to this Agreement.
Sample 1

Examples of Operating Company Contribution in a sentence

  • In no event shall the amount of the Operating Company Contribution allocated to a Participant exceed the limitations described in ARTICLE XVII of the Plan.

  • Each Participant and Inactive Participant shall also direct the investment of any future contributions (including the Operating Company Contribution, Company Match Contributions, Make-up Contributions, Salary Reduction Contributions, Catch-up Contributions, After-Tax Contributions, Rollover Contributions and After-Tax Rollover Contributions) to such of the Participant’s Accounts among the Parts of the Profit-Sharing Fund.

  • The contribution described in this Section 2.5 shall be referred to in this Agreement as the “Operating Company Contribution.” The Operating Company hereby makes the Operating Company Contribution as a capital contribution to the capital of TSPC and TSPC hereby accepts the Operating Company Contribution as a contribution to the capital of TSPC.

  • Notwithstanding the foregoing, no Profit-Sharing Contribution shall be made pursuant to this Section 3.04 for any Plan Year in which the Operating Company Contribution has not increased by at least ten percent (10%) over the Operating Company Contribution for the immediately preceding Plan Year.

  • C OMPANY A CCOUNTCompany Account means the Account maintained by the Third-Party Recordkeeper reflecting the Participant’s or Inactive Participant’s (or Beneficiary’s or Alternate Payee’s) share of the Fund resulting from the Operating Company Contribution (and for Plan Years beginning prior to January 1, 1994, the Contribution).

  • A Participant who has retired and who is eligible for an allocation of the Operating Company Contribution, Company Match Contribution or Make-up Contribution with respect to the year in which he retires shall be deemed to be an Inactive Participant for purposes of ARTICLE VII of the Plan.1.46.

  • A NNUAL A DDITION L IMITATIONThe amount of any Operating Company Contribution, Company Match Contribution and Make-up Contribution for each Plan Year shall be reduced by the amount by which an allocation of such Operating Company Contribution, Company Match Contribution or Make-up Contribution to any Participant would exceed the limitations described in ARTICLE XVII of the Plan.

  • The names of eligible Participants and the amount of the Operating Company Contribution, Company Match Contribution or Make-up Contribution to be allocated to each Participant’s Accounts shall be determined.

  • T IMING OF C ONTRIBUTIONSEach Operating Company Contribution shall be contributed to the Profit-Sharing Fund by Altria Group, Inc.

  • The Third-Party Recordkeeper shall void any replacement checks not cashed within three(3) months from the date of issue, and the funds shall not escheat to any state or revert to any party, but shall be treated as forfeited and applied to reduce the Operating Company Contribution on behalf of such Participant’s Participating Company for the year in which such Account is forfeited.

Related to Operating Company Contribution

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

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

  • 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:

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • 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.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Defined Contribution Plan Fraction means a fraction, the numerator of which is the sum of the Annual Additions to the Member's account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years (including the Annual Additions attributable to the Member's nondeductible employee contributions to all defined benefit plans, whether or not terminated, maintained by the Employer, and the Annual Additions attributable to all welfare benefit funds, individual medical accounts, and simplified employee pensions, maintained by the Employer), and the denominator of which is the sum of the maximum aggregate amounts for the current and all prior Limitation Years of service with the Employer (regardless of whether a defined contribution plan was maintained by the Employer). The maximum aggregate amount in any Limitation Year is the lesser of (i) 125 percent of the dollar limitation under Code Section 415(c)(1)(A) after adjustment under Code Section 415(d) or (ii) 35 percent of the Member's Compensation for such year. If the Employee was a member as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Plan Fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of (i) the excess of the sum of the fractions over 1.0 times (ii) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the plan made after May 5, 1986, but using the Code Section 415 limitation applicable to the first Limitation Year beginning on or after January 1, 1987. The Annual Addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all employee contributions as Annual Additions.

  • Member contribution means a contribution under regulation 32;

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

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess “annual additions” pursuant to Section 4.11(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.7(b) which is used to satisfy the “Actual Deferral Percentage” tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the “Actual Deferral Percentage” tests or the “Actual Contribution Percentage” tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5) and Regulation 1.401(m)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Accumulated contributions means the sum of all

  • Qualifying contribution means, with respect to a

  • 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.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Company Matching Contributions means the Company contributions described in Section 3.4.

  • Matching Contributions are contributions made by the Employer on account of elective deferrals under a Code Section 401(k) arrangement or on account of employee contributions. Matching contributions also include Participant forfeitures allocated on account of such elective deferrals or employee contributions.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

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

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).