Example ContractsClausesamount of company contributionsVariants
Amount of Company Contributions
Amount of Company Contributions contract clause examples

The Company may, in its sole discretion, make one or more Company Contributions during each Plan Year with respect to Members’ Salary Deferrals (other than Age 50 Catch-Up Deferrals). The Company’s rate of contribution and the frequency and manner in which the Company makes its contribution shall be decided by the Company in its sole discretion with respect to each such Plan Year. Company Contributions initially may be paid to a suspense account maintained by the Trustee as part of the Plan.

Effective with respect to pay periods ending on or after September 1, 2016, the Company may, in its sole discretion, make one or more Company Contributions during each pay period with respect to Members’ Salary Deferrals (other than Age 50 Catch-Up Deferrals). The Company’s rate of contribution and the frequency and manner in which the Company makes its contribution shall be decided by the Company in its sole discretion with respect to each such pay period.

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