Example ContractsClausesEligibility for Matching Contribution
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Eligibility for Supplemental Matching Contribution. A Supplemental Matching Contribution shall be credited to the Supplemental Matching Account of each Officer who # during all or a portion of a Plan Year, was eligible to participate in the 401(k) Plan, and # either # is employed by a Participating Company on the date the Supplemental Matching Contribution for such Plan Year is generally allocated to the Supplemental Matching Accounts of the Participants in the Plan, or # whose termination of employment was due to Disability or death, or # who terminated employment (for a reason other than Disability or death) while eligible for a Normal or Early Retirement Benefit pursuant to terms of the Company’s qualified pension plan.

Eligibility for matching contribution

For Plan Years prior to the 2014 Plan Year, eligibility for, and the amount of any Matching Contribution under this Plan, shall be determined by the Qualified Matching Contribution

For each Plan Year, the Plan shall comply with Code Section 401(m)(2). Specifically, if the actual contribution percentage or ACP (as defined in [Section 3.7(c)]) for Participants who are HCEs is more than the amount permitted under the special limitations set forth under [Section 3.7(b)], the matching contributions credited to the Matching Contribution Accounts of those Participants who are HCEs shall be reduced (in the order of the HCEs with the highest dollar amount of matching contributions) to the extent necessary to meet

Employer Matching Contribution Credits. For purposes of Employer Matching Contribution Credits under [Section 5.1], participation shall be limited to an Employee who:

Supplemental Matching Contribution Account. The "supplemental matching contribution account" shall be an account that is credited annually with # supplemental matching contributions described in Paragraph 1(c)(1) of this , and # theoretical earnings described in Paragraph 1(c)(2) of this .

Determination of Supplemental Matching Contribution. The Supplemental Matching Contribution for a Participant for any Plan Year shall equal # the lesser of # 4% of the Participant’s “Compensation” (as defined in the 401(k) Plan) payable during the year (ignoring deferrals under the 401(k) Plan, this Plan, and Code Section 125) and # the total amount of Base Salary and Cash Bonus that the Participant deferred or contributed during the Plan Year (under the 401(k) Plan and this Plan), minus # the actual Company Matching Contribution that the Participant received under the 401(k) Plan for such Plan Year, as determined while applying the restrictions imposed by the Code. The first Supplemental Matching Contribution under the Plan shall be allocated in with respect to the 2005 Plan Year.

A Participant shall receive an allocation of other Employer contributions determined in accordance with [Section 5.01(b)(i)] for the Plan Year if he satisfies the following requirements [complete the one that is applicable]:

A credit equal to the dollar amount of a Nonqualified Matching Contribution shall be made to the Account of the Participant with respect to whom the Nonqualified Matching Contribution is made, as of the date a corresponding Matching Contribution would have been allocated to the Company Matching Account of the Participant had the Nonqualified Matching Contribution been a Matching Contribution of a like kind (i.e.,, Matching Fixed Contribution, Matching Discretionary Contribution, or Rule of 45 Matching Contribution) under the Qualified Plan.

Qualified Matching Contributions – The employer matching contribution shall not be treated as a qualified matching contribution. A qualified matching contribution means matching contributions that are subject to the distribution and nonforfeitability requirements under Code section 401(k) when made. A matching contribution must be a qualified matching contribution under Regulation [[section 1.401(k)-2(a)(6)])]])] in order to be taken into account under the ADP test.

Added to any Employer discretionary contribution (e.g., matching or profit sharing) and allocated in the same manner; # Used to reduce any Employer contribution (e.g., matching or profit sharing); # Added to any Employer matching contribution and allocated as an additional matching contribution; or

His Employer Matching Contribution Account, Non-Elective Contribution Account, and ESOP Account shall receive no Employer Matching Contribution, Non-Elective Contribution, or ESOP Contribution allocations under [Section 4.1];

Employer Matching Contribution Account – The vesting percentage applicable to the participant's employer matching contribution account shall be determined as follows:

Employer Matching Contribution Credit Subaccount” means the bookkeeping subaccount established to reflect the allocation of Employer Matching Contribution Credits hereunder.

Except as provided in Subsection # below, for purposes of the Plan, a "basic matching contribution" or an "enhanced matching contribution" will be treated as a Qualified Matching Contribution and a nonelective "ADP test safe harbor contribution" will be treated as a Qualified Nonelective Contribution. Accordingly, "ADP test safe harbor contributions" will be fully Vested and subject to the distribution restrictions set forth in [Section 12.2(e)] other than on account of a hardship (i.e., may generally not be distributed earlier than severance of employment, death, Total and Permanent Disability, an event described in Code §401(k)(10), or, in case of a profit sharing plan, the attainment of age 59 1/2.). In addition, such contributions must satisfy the "ADP test safe harbor" without regard to permitted disparity under Code §401(l). An "enhanced matching contribution" is a matching contribution that, at rate of Elective Deferrals, is at least equal to what the matching contribution would be if un der the "basic matching contribution."

The Employer shall make a true-up matching contribution for each Plan Year on behalf of each Participant who made deferral contributions during such Plan Year. The true-up matching contribution shall be in the amount that, when aggregated with all matching contributions made during the Plan Year on behalf of the Participant, equals 50% of the Participant’s deferral contributions for the Plan Year that do not exceed 6% of the Participant’s Compensation for the Plan Year. A Participant whose employment is terminated during the Plan Year may receive a true-up matching contribution prior to the end of the Plan Year, as determined in the sole discretion of the Participant’s Employer. Notwithstanding the foregoing, for any Participant employed by an Employer who provides a matching contribution that differs from the matching contribution formula stated above, as set forth in [Schedule B], the amount of true-up matching contribution shall not exceed the maximum matching contribution made pursuant to [Schedule B] as determined on a Plan Year basis. Matching contributions described in this [Section 3.4] without regard to any matching contributions described in [Schedule B] are referred to herein as the “standard matching contributions.”

Matching Contributions. The Employer shall make a matching contribution for each pay period equal to 50% of the deferral contribution made by the Participant for such pay period; provided, however, that a Participant’s deferral contributions in excess of 6% of Compensation for such pay period shall not be eligible for matching contributions. Notwithstanding the immediately preceding sentence, an Employer, by resolution of its board of directors or other governing body and subject to the approval of the Committee, may provide for a matching contribution on behalf of Participants employed by such Employer that differs from the matching contribution stated above. In such a case, the matching contribution so adopted by such Employer and approved by the Committee shall be set forth in [Schedule B] and shall be applicable to such Employer in lieu of the matching contribution stated above until changed by action of such Employer’s board of directors or other governing body and approved by the Committee. Matching contributions on behalf of a Participant shall be made in cash and credited to the Participant’s Matching Contribution Account.

Matching Contributions – Employer matching contributions shall be taken into account for purposes of satisfying the minimum contribution requirements of Code section 416(c)(2) and the plan if so provided in [[Section 3.2(c) or 3.3(b)])]])]. The preceding sentence shall apply with respect to matching contributions under the plan or, if the plan provides that the minimum contribution requirement shall be met in another plan, such other plan. Employer matching contributions that are used to satisfy the minimum contribution requirements shall be treated as matching contributions for purposes of the actual contribution percentage test and other requirements of Code section 401(m).

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aEmployer Matching Contribution Credits

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