Examples of Qualified Participants in a sentence
The Employer shall contribute an amount equal to the product of the Earnings of all Qualified Participants and the Base Contribution Percentage, and the contribution shall be allocated as of the last day of the Plan Year among the Employer Contribution Accounts of all Qualified Participants in the ratio that the Earnings of each Qualified Participant bears to the Earnings of all Qualified Participants.
Employer Matching Contributions will be allocated among the Employer Matching Accounts of Qualified Participants in proportion to their Elective Deferrals or Participant Contributions, if applicable, as specified in the Plan Agreement.
The possibility of any such borrowings, as well as the terms thereof, would be disclosed to Qualified Participants prior to their investment in a Fund.
Participation in the Fund shall be open to Qualified Participants with legal capacity to contract subject to the rules or procedures stipulated in the Fund Specifications and those established by the Trustee to be advantageous or to be for the best interest of the Fund.
The terms and conditions relating to payment of the purchase price and capital contributions will be fully disclosed to Qualified Participants prior to the acceptance of their subscription documents.
The Employer will contribute to the Plan for each Plan Year (check one): _____ (a) An amount chosen by the Employer from year to year _____ (b) ____% of the Earnings of all Qualified Participants for the Plan Year _____ (c) $____ for each Qualified Participant per ___________ (enter time period, e.g. payroll period, plan year) Allocations.
Annotation, Authority of Federal Agency to Spend Public Funds to Reimburse Expenses of Qualified Participants in its Proceedings, 62 ALR Fed 849.
The Employer may make Qualified Nonelective Contributions for a Plan Year which, if made, shall be allocated to the Qualified Nonelective Contribution Accounts of Qualified Participants who are Non-Highly Compensated Employees, in proportion to the Earnings of such Qualified Participants for the Plan Year.
Each certificate representing shares which are preferred or limited as to their dividends or voting powers, which are preferred or limited as to their dividends or as to their allocable portion of the assets upon liquidation or which are redeemable at the option of the Trust, shall have a statement of such restriction, limitation, preference or redemption provision, or a summary thereof, plainly stated on the certificate.
Forfeitures shall be allocated among the Employer Contribution Accounts of all Qualified Participants in accordance with paragraph (a) or (b), whichever applies to Profit Sharing Contributions.