Profit Sharing Contributions definition

Profit Sharing Contributions means the contributions made by a Participating Employer as provided in Article III.
Profit Sharing Contributions means profit sharing contributions made to the Plan by an Employer on behalf of a Participant before January 1, 1997. Effective January 1, 1997, the Company will not make any further Profit Sharing Contributions.
Profit Sharing Contributions means those discretionary contributions which an Employer may contribute to the Plan pursuant to Article IV of the Plan.

Examples of Profit Sharing Contributions in a sentence

  • In order to receive an allocation of Profit Sharing Contributions for a Plan Year, an Employee must be a Qualified Participant for this purpose.

  • Compensation for the purposes of determining the amount and allocation of Profit Sharing Contributions shall be determined as follows (choose either (a) or (b), and (c) and/or (d), as applicable).

  • The vesting schedule selected below will apply to both Employer Matching Contributions and Profit Sharing Contributions.

  • A Member shall be eligible for an allocation of Employer Profit Sharing Contributions for a Contribution Determination Period in all events.

  • An Employee will be eligible to become a Participant in the Plan for purposes of becoming a Contributing Participant (and thus eligible to make Elective Deferrals) or receiving an allocation of any Employer Profit Sharing Contributions, as applicable, made pursuant to Section Three of the Adoption Agreement, after attaining the following age (not more than 21).


More Definitions of Profit Sharing Contributions

Profit Sharing Contributions means the discretionary contribution, if any, determined by the Board or its delegate to be made to the Trust Fund and allocated to Participant Accounts under Plan section 6.1. Profit Sharing Contributions shall satisfy the additional requirements of Code section 401(k)(3)(D) and related regulations to qualify as qualified nonelective contributions within the meaning of Treasury regulation section 1.401(k)-1(g)(13)(ii), so that they may be used in the actual deferral percentage test of Code section 401(k), as provided in Plan section 4.6, or the contribution percentage test of Code section 401(m), as provided in Plan section 5.4.
Profit Sharing Contributions means the amounts contributed by the Company pursuant to Section 3.5.
Profit Sharing Contributions means the contributions made on behalf of a Participant pursuant to Section 6.1 of the Plan.
Profit Sharing Contributions means any contributions made to the Profit Sharing Account of a Participant by a Participating Employer as provided for in Section 3.11.
Profit Sharing Contributions means the contributions made by the Company as provided in Article III.
Profit Sharing Contributions means the contributions made by an Employer on behalf of a Participant pursuant to Section 4.3.
Profit Sharing Contributions means Employer contributions as specified in Section 5.6 hereof.