Quarterly Contribution definition

Quarterly Contribution is defined in Section 5(a).
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Quarterly Contribution means a required quarterly installment payment of the Annual Contribution to a Plan, as determined under section 302(e) of ERISA and section 412(m) of the Code (in the case of any Plan Year beginning before January 1, 2008) or section 303(j)(3) of ERISA and section 430(j)(3) of the Code (in the case of any Plan Year beginning after December 31, 2007).
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Quarterly Contribution. As defined in Section 7.2.1 hereof.
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Examples of Quarterly Contribution in a sentence

  • The Invacare Retirement Savings Plan includes a 401(k) program, Employer Match and Invacare Quarterly Contribution (IQC).

  • You do not have to contribute to either Plan to receive the Quarterly Contribution.

  • Company agrees to treat this Participation Agreement as an invoice from IBM for the Quarterly Contribution due on XXXXX and all other amounts due under this Participation Agreement.

  • Company shall, except as expressly provided herein, pay the Total Contribution Amount to IBM according to the following schedule of “Annual Contribution Amounts”: XXXXX Specifically, Company shall pay each Annual Contribution Amount to IBM XXXXX Company agrees to treat this Participation Agreement as an invoice from IBM for the Quarterly Contribution due on XXXXX and all other amounts due under this Participation Agreement.

  • The Quarterly Contribution is equal to 4% of your eligible quarterly earnings and will be made at the conclusion of each calendar quarter after you have completed six months of service.

  • On, or as soon as practicable after, the last day of each Quarterly Period, the Bank will credit the Participant’s Account with a number of Stock Units equal to: (i) the Quarterly Contribution Amount; divided by (ii) Fair Market Value of one share of Stock during such applicable Quarterly Period.

  • Such due date for Earned Royalty, being the date which is five days after the Quarterly Contribution Date, is herein referred to as the "Quarterly Payment Date.

  • In connection with Partner’s Annual Contribution Form and Quarterly Contribution Commitment Amounts for 2022 and earlier, the Parties have entered into discussions regarding cooperation related to carbon offset credits or other monetization options.

  • Eden will use reasonable efforts, in accordance with Prudent Reforestation Practices, to plant trees substantially in accordance with the applicable Annual Planting Plan, as modified by any Quarterly Contribution Form that is agreed between the Parties in accordance with Section 2.1(b), within eighteen (18) months after the date that Partner has made all of its Contributions in respect of such Quarterly Contribution Form.

  • This Agreement, including all schedules and appendices hereto and all Annual Contribution Forms and Quarterly Contribution Forms, all of the foregoing of which are hereby incorporated herein by reference, contains the complete and exclusive statement of the agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, and representations, written or oral, between the Parties with respect to the subject matter hereof.

Related to Quarterly Contribution

  • 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.

  • 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:

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Accumulated contributions means the sum of all

  • 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.

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Regular contributions means the amounts required to be

  • After-Tax Contributions means amounts withheld from an Employee’s Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Contribution Percentage Amounts means the sum of the Employee Contributions, Matching Contributions, and Qualified Matching Contributions (to the extent not taken into account for purposes of the ADP test) made under the Plan on behalf of the participant for the Plan Year. Such Contribution Percentage Amounts shall not include Matching Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions. If so elected in the adoption agreement the Employer may include Qualified Nonelective Contributions in the Contribution Percentage Amounts. The Employer also may elect to use Elective Deferrals in the Contribution Percentage Amounts so long as the ADP test is met before the Elective Deferrals are used in the ACP test and continues to be met following the exclusion of those Elective Deferrals that are used to meet the ACP test.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Qualifying contribution means, with respect to a

  • 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).

  • 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.

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

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Additional contributions means contributions made by a member of a defined benefit plan to

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

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

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

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.