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 (i) less than the Threshold, then zero, (ii) greater than or equal to the Threshold and less than the Target, then the product of (x) the Weighting Factor of such Goal multiplied by (y) the sum of (i) 50% plus (ii) the product of (A) the proportion that the Goal achieved as of the Performance Vesting Date is between the Threshold and the Target multiplied by (B) 50%, (iii) greater than or equal to the Target, then the Weighting Factor of such Goal.
Sample 1Sample 2
Vesting Contribution means for any particular Goal, if the “Actual Goal Achievement” (as computed per subsection 2.3) is: (i) less than or equal to the Threshold, then zero, (ii) greater than the Threshold and less than or equal to the Target, then that amount of the Weighting Factor equal to the proportion that the Actual Goal Achievement is between the Threshold and the Target and, (iii) greater than the Target, then the Weighting Factor plus fifty percent (50%) of the amount of the Weighting Factor equal to the proportion that that Actual Goal Achievement is between the Target and the Maximum (but in no event to exceed one hundred fifty percent of the Weighting Factor); where the Goals, their Weighting Factor, Threshold, Target and Maximum are as set forth on Exhibit A attached hereto and made a part hereof.
Sample 1

Examples of Vesting Contribution in a sentence

  • 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.

  • 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.

  • 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.

  • The Aggregate Vesting Contribution shall be computed as the sum of the Vesting Contribution for each of the Goals.

  • Adoption of Resolution No. 5354, In the Matter of Fixing The Employer Vesting Contribution Under Section 22892 Of The Public Employee’ Medical And Hospital Care Act For Group 004 AMALGAMATED TRANSIT UNION.

  • If not sooner paid or forgiven in accordance with Sections 3.01 or 3.03, Recipient will pay to State the entire principal amount of the Loan on the earliest of the following (the "Maturity Date"): (a) Recipient's failure to satisfy the Loan forgiveness conditions set forth in Section 3.01(a)(i) or (iv), (b) the date Recipient ceases to own the Property, (c) the date that a Discontinuance of Use occurs, or (d) 30 days after the tenth anniversary of the Operations Commencement Date.

  • Adoption of Resolution No. 5356, In the Matter of Fixing The Employer Vesting Contribution Under Section 22892 Of The Public Employee’ Medical And Hospital Care Act For Group 005 SEIU 1021.

  • Adoption of Resolution No. 5390, Fixing the Employer Vesting Contribution Under Section 22902 of the Public Employees’ Medical and Hospital Care Act for Group 002 BART Police Officer’s Association (BPOA), and Resolution No. 5391, Fixing the Employer Contribution under Sections 22892 of the Public Employees’ Medical and Hospital Care Act for Group 002 BART Police Officer’s Association (BPOA).

  • Once a final endorsement from PIANGO has been received, it will be further published and promoted by ACFID and PIANGO throughout the 2021 project period.

  • Adoption of Resolution No. 5355, In the Matter of Fixing The Employer Vesting Contribution Under Section 22902 Of The Public Employee’ Medical And Hospital Care Act For Group 005 SEIU 1021.

Related to Vesting Contribution

  • Qualifying contribution means, with respect to a

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • 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 Subrecipient, 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's contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.6 shall be considered an Elective Contribution for purposes of the Plan. Any such contributions deemed to be Elective Contributions shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the discrimination requirements of Regulation 1.401(k)-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.

  • Elective Contributions are amounts excludible from the Employee's gross income under Code Sections 125, 402(a)(8), 402(h) or 403(b), and contributed by the Employer, at the Employee's election, to a Code Section 401(k) arrangement, a Simplified Employee Pension, cafeteria plan or tax-sheltered annuity. The term "Compensation" does not include:

  • 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.