Variable Contribution definition

Variable Contribution means the part of the Contribution set by the General Assembly on the basis of Article 4 paragraph 3, second sentence, and Article 7 paragraph 3, respectively, of the Articles of Association as specified in clause 2.2 (i), whether or not modified upon a proposal from the Steering Board.
Sample 1
Variable Contribution means Variable ECSEL Contribution or Variable KDT Contribution, or Variable Chips Contribution, or as the case may be, two or all of them.
Sample 1
Variable Contribution means Variable ECSEL Contribution or Variable KDT Contribution, or, as the case may be, both.
Sample 1

Examples of Variable Contribution in a sentence

  • Fundo de Pensão Multipatrocinado Benefit Plan l Defined Benefit Benefit Plan ll Variable Contribution Defined Contribution plans include pension funds consisting of the portions of sponsor’s contributions not included in a participant’s account balance due to loss of eligibility for the benefit, and of monies arising from the migration of retirement plans in defined benefit modality.

  • Variable Contribution(1) and Variable Contribution Margin (2) ($’s in thousands) Date Published: 01/26/2022 Quarter Fiscal Year (4) 14.5% 14.0% Excluding the impact of the $15.5 million one-time cost related to buyouts of certain agent incentive commission arrangements and the $12.6 million of pandemic relief incentive payments from the 2020 fiscal year period, operating income as a percentage of gross profit was 63.0% in the 2020 fiscal year period.

  • Operating Income as a % of Variable Contribution ($’s in thousands) Date Published: 02/01/2023 Fiscal Year 55.2% 56.1% 13 56.5% 53.1% Quarter The Company’s fiscal year ends each year on the last Saturday in December and, as such, the Company’s 2022 fourth quarter included fourteen weeks of operations whereas the 2021 fourth quarter included thirteen weeks.

  • The Plan, hereby adopted effective as of November 1, 1987, is a combination of a stock bonus plan (the "Variable Contribution Portion") and a money purchase pension plan (the "Fixed Contribution Portion") each of which is qualified under Section 401(a) of the Internal Revenue Code (the "Code") and which together constitute an employee stock ownership plan under Section 4975(e)(7) of the Code.

  • Subject to the contribution limitations prescribed by Appendix I, an eligible Participant's allocation of a Participating Entity's Variable Contribution for a Plan Year shall constitute the same percentage of his or her Compensation paid by the Participating Entity for such year as the allocation of Variable Contributions to each other eligible Participant employed by the same Participating Entity for such year.

  • The amount of any Variable Contribution shall be determined by the Compensation and Personnel Committee, a committee established by the Board of Directors of the Corporation, in its sole discretion; provided, however, that all Variable Contributions, together with other Company Contributions, shall not exceed the maximum amount which is deductible for federal income tax purposes.

  • The amount of such Company Variable Contribution shall be equal to three percent of the Compensation paid to such Eligible Employee for the Contribution Period if 100 percent of the goal is satisfied; two percent of Compensation paid to such Eligible Employee for the Contribution Period if 90 percent of the goal is satisfied; and one percent of Compensation paid to such Eligible Employee for the Contribution Period if 80 percent of the goal is satisfied.

  • Supplementary pension plans The Company is the sponsor of the following pension plans for its employees and executives: i) Plan II – Variable Contribution with Defined Benefit option – closed for admissions; ii) Plan III – Defined Contribution – open for admissions; and iii) FAF Plan – Defined Benefit - closed for admissions.

  • Employer Contributions under the Variable Contribution Portion shall be paid to the Trustee for each Plan Year in such amounts (or under such formula) as may be determined by the Board of Directors.

  • Variable Contribution (1) and Variable Contribution Margin (2) ($’s in thousands) Date Published: 02/01/2023 Quarter Fiscal Year 13.5% 14.0% 14.0% 11 13.7% Operating Income as a % of Gross Profit ($’s in thousands) Date Published: 02/01/2023 Fiscal Year 12 Quarter 70.1% 72.4% 70.9% 69.1% The Company’s fiscal year ends each year on the last Saturday in December and, as such, the Company’s 2022 fourth quarter included fourteen weeks of operations whereas the 2021 fourth quarter included thirteen weeks.


More Definitions of Variable Contribution

Variable Contribution means the part of the Contribution set by the General Assembly on the basis of Article 4 paragraph 3, second sentence, and Article 7 paragraph 3, respectively, of the articles of association of ARTEMISIA as specified in clause
Sample 1
Variable Contribution means a contribution made by a Participating Entity pursuant to Article 6.
Sample 1

Related to Variable Contribution

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Campaign Contribution means a gift, subscription, loan, advance or deposit of money or other thing of value, including the estimated value of an in-kind contribution, that is made to or received by an applicable public official or any person authorized to raise, collect or expend contributions on that official’s behalf for the purpose of electing the official to either statewide or local office. “Campaign Contribution” includes the payment of a debt incurred in an election campaign, but does not include the value of services provided without compensation or unreimbursed travel or other personal expenses of individuals who volunteer a portion or all of their time on behalf of a candidate or political committee, nor does it include the administrative or solicitation expenses of a political committee that are paid by an organization that sponsors the committee.

  • Payments in lieu of contributions means the money payments to

  • Matching Contributions means local cash and/or in-kind contributions made by the Subrecipient, subcontractor, or other local resources that qualify as match for the Contract funding.