Examples of Supplemental Matching Contribution in a sentence
The amount of an Eligible Employee's Supplemental Matching Contribution for each payroll period will be equal to seventy-five percent (75%) (or, if different, the percentage rate of matching contributions under the Savings Program) of the Eligible Employee's Supplemental Salary Deferral, if any, for that payroll period.
Notwithstanding the preceding sentence or any other provision of the Plan, each Participant shall become fully vested in the adjusted balance of his Supplemental Matching Contribution Account on the effective date of a Change-in- Control.
Each Plan Year a Supplemental Matching Contribution will be credited to the Account of each Participant who is eligible.
Supplemental Matching Contributions made for the benefit of a Participant for any Plan Year shall be allocated to a Supplemental Matching Contribution Account maintained under the Plan in the name of such Participant as of the last day of such Plan Year.
Each Participant shall vest in the adjusted balance of his Supplemental Matching Contribution Account in accordance with the vesting schedule applicable to his Qualified Plan Matching Contribution Account set forth in the Qualified Plan.