Vesting Contribution definition

Vesting Contribution means for any particular Goal, if the Goal achieved as of the Performance Vesting Date is (i) less than the Threshold, then zero,
Sample 1Sample 2Sample 3
Vesting Contribution means (i) for any particular LT Goal, if the Goal achieved as of the LT Determination Date and (ii) for any particular ST Goal, the Goal achieved as of the ST Determination Date is
Sample 1Sample 2
Vesting Contribution means for any particular Goal, if the “Actual Goal Achievement” (as computed per subsection 2.3) is:
Sample 1

Examples of Vesting Contribution in a sentence

  • The number of Performance Shares LT that vest on each such date shall be equal to fifty percent (50%) of the Performance Shares LT multiplied by the Aggregate Vesting Contribution LT.

  • Earned Dividend Shares issued on the Performance Shares ST shall vest on the same dates and in the same percentages as the Performance Shares ST in an amount equal to the Aggregate Vesting Contribution ST multiplied by (Y) the Earned Dividend Shares issued on the Performance Shares ST.

  • Earned Dividend Shares issued on the Performance Shares LT shall vest on the same dates and in the same percentage as the Performance Shares LT in an amount equal to the Aggregate Vesting Contribution LT, multiplied by (Y) the Earned Dividend Shares issued on the Performance Shares LT.

  • The number of Performance Shares ST that vest on each such date shall be equal to twenty five percent (25%) of the Performance Shares ST multiplied by the Aggregate Vesting Contribution ST.

  • The Vesting Percentage shall be computed as the sum of the Vesting Contribution for each of the Goals divided by one hundred fifty percent (150%).

  • Each Supplemental Deferral shall be designated at the time of contribution as either: (1) a 401(k,) Equivalent Vesting Contribution, or alternatively, (2) a 10 Year Vesting Contribution, and such Supplemental Deferrals and related Additions shall be subject to the corresponding vesting schedule, based on such initial designation which shall be at the sole discretion of the Employer.

  • On and after June 4, 2004, except as provided in this Article V, Company Match with Vesting Contributions and Company Profit Sharing with Vesting Contributions made to the Company Match With Vesting Contribution Account and the Company Profit Sharing With Vesting Contribution Account are not 100% nonforfeitable or vested at all times.

  • In addition, withdrawals from the vested portion of the Participant’s Company Matching Contribution Account and/or Company Match With Vesting Contribution Account and the vested portion of the Participant’s Company Profit Sharing Contribution Account and/or Company Profit Sharing With Vesting Contribution Account prior to his or her attainment of age fifty-nine and one-half (59½) will not be permitted.

  • The number of Performance Shares that vest shall be equal to the sum of (i) the Performance Shares multiplied by the Aggregate Vesting Contribution (such resulting number being hereinafter referred to as the “Metric Vested Shares”) and (ii) Fifteen percent (15%) of the Performance Shares multiplied by the lesser of (A) One Hundred percent (100%) or (B) the Additional Vesting Percentage.

  • However, Vesting Service earned both before and after such Breaks in Vesting Service will be included in determining the Participant’s vested interest in his or her Company Match With Vesting Contribution Account and Company Profit Sharing With Vesting Contribution Account attributable to employment after such Breaks in Vesting Service.

Related to Vesting Contribution

  • Qualifying contribution means, with respect to a

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • 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).

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

  • 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.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • 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.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • 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:

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

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

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess “annual additions” pursuant to Section 4.11(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.7(b) which is used to satisfy the “Actual Deferral Percentage” tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the “Actual Deferral Percentage” tests or the “Actual Contribution Percentage” tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5) and Regulation 1.401(m)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Member contribution means a contribution under regulation 32;

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Nonelective Contribution means an amount contributed by a participating

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Deferred Stock Award means Awards granted pursuant to Section 8.