CONTRIBUTIONS ON BEHALF OF EMPLOYEES. (a) Deferral Contributions (Complete all that apply): (1) x Deferral Contributions. Subject to any minimum or maximum deferral amount provided below, the Employer shall make a Deferral Contribution in accordance with, and subject to, Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the applicable calendar year (or portion of the applicable calendar year). Deferral Contributions Type of Compensation Min Max Min Max Non-Bonus Compensation 0 25% (Note: With respect to each type of Compensation, list the minimum and maximum dollar amounts or percentages as whole dollar amounts or whole number percentages.) (2) x Deferral Contributions with respect to Bonus Compensation only. The Employer requires Participants to enter into a special salary reduction agreement to make Deferral Contributions with respect to one or more Bonuses, subject to minimum and maximum deferral limitations, as provided in the table below. Deferral Contributions Type of Bonus Treated As Dollar Amount % Amount Bonus Compensation Yes 0 100% (Note: With respect to each type of Bonus, list the minimum and maximum dollar amounts or percentages as whole dollar amounts or whole number percentages. In the event a bonus identified as a Performance-based Bonus above does not constitute a Performance-based Bonus with respect to any Participant, such Bonus will be treated as a Non-Performance-based Bonus with respect to such Participant.) (b) Matching Contributions (Choose (1) or (2) below, and (3) below, as applicable): (1) x The Employer shall make a Matching Contribution on behalf of each Employee Participant in an amount described below: (A) ¨ % of the Employee Participant’s Deferral Contributions for the calendar year. (B) x The amount, if any, declared by the Employer in writing, which writing is hereby incorporated herein. (C) ¨ Other:
Appears in 1 contract
Sources: Adoption Agreement (Adtran Inc)
CONTRIBUTIONS ON BEHALF OF EMPLOYEES. (a) Deferral Contributions (Complete all that apply):
(1) x ☒ Deferral Contributions. Subject to any minimum or maximum deferral amount provided below, the Employer shall make a Deferral Contribution in accordance with, and subject to, Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the applicable calendar year (or portion of the applicable calendar year). Deferral Contributions Type of Compensation Dollar Amount % Amount Min Max Min Max Non-Bonus Compensation Deferral Contribution 0 25% 50 (Note: With respect to each type of Compensation, list the minimum and maximum dollar amounts or percentages as whole dollar amounts or whole number percentages.)
(2) x ☒ Deferral Contributions with respect to Bonus Compensation only. The Employer requires Participants to enter into a special salary reduction agreement to make Deferral Contributions with respect to one or more Bonuses, subject to minimum and maximum deferral limitations, as provided in the table below. Deferral Contributions Type of Bonus Treated As Dollar Amount % Amount Performance Based Non- Performance Based Min ▇▇▇ ▇▇▇ ▇▇▇ Bonus Compensation Deferral Yes 0 100% 50 (Note: With respect to each type of Bonus, list the minimum and maximum dollar amounts or percentages as whole dollar amounts or whole number percentages. In the event a bonus identified as a Performance-based Bonus above does not constitute a Performance-based Bonus with respect to any Participant, such Bonus will be treated as a Non-Performance-based Bonus with respect to such Participant.)) Plan Number: 44046 Page 3
(b) Matching Contributions (Choose (1) or (2) below, and (3) below, as applicable):
(1) x ☐ The Employer shall make a Matching Contribution on behalf of each Employee Participant in an amount described below:
(A) ¨ ☐ % of the Employee Participant’s Deferral Contributions for the calendar year.
(B) x ☐ The amount, if any, declared by the Employer in writing, which writing is hereby incorporated herein.
(C) ¨ ☐ Other:: ____________________________________________________
Appears in 1 contract
CONTRIBUTIONS ON BEHALF OF EMPLOYEES. (a) Deferral Contributions (Complete all that apply):
(1) x þ Deferral Contributions. Subject to any minimum or maximum deferral amount provided below, the Employer shall make a Deferral Contribution in accordance with, and subject to, Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the applicable calendar year (or portion of the applicable calendar year). Deferral Contributions Type of Compensation Min Max Min Max Non-Bonus Compensation 0 25% (Note: With respect to each type of Compensation, list the minimum and maximum dollar amounts or percentages as whole dollar amounts or whole number percentages.)
(2) x þ Deferral Contributions with respect to Bonus Compensation only. The Employer requires Participants to enter into a special salary reduction agreement to make Deferral Contributions with respect to one or more Bonuses, subject to minimum and maximum deferral limitations, as provided in the table below. Deferral Contributions Type of Incentive Bonus Treated As Dollar Amount % Amount Yes 0 100 Other Bonus Compensation Yes 0 100% 100 (Note: With respect to each type of Bonus, list the minimum and maximum dollar amounts or percentages as whole dollar amounts or whole number percentages. In the event a bonus identified as a Performance-based Bonus above does not constitute a Performance-based Bonus with respect to any Participant, such Bonus will be treated as a Non-Performance-based Bonus with respect to such Participant.)
(b) Matching Contributions (Choose (1) or (2) below, and (3) below, as applicable):
(1) x ¨ The Employer shall make a Matching Contribution on behalf of each Employee Participant in an amount described below:
(A) ¨ % of the Employee Participant’s Deferral Contributions for the calendar year.
(B) x ¨ The amount, if any, declared by the Employer in writing, which writing is hereby incorporated herein.
(C) ¨ Other:
Appears in 1 contract
Sources: Adoption Agreement (DreamWorks Animation SKG, Inc.)
CONTRIBUTIONS ON BEHALF OF EMPLOYEES. (a) Deferral Contributions (Complete all that apply):
(1) x Deferral Contributions. Subject to any minimum or maximum deferral amount provided below, the Employer shall make a Deferral Contribution in accordance with, and subject to, Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the applicable calendar year (or portion of the applicable calendar year). Deferral Contributions Type of Compensation Min Max Min Max Non-Bonus Compensation Dollar Amount % Amount Base Salary 0 25% 100 (Note: With respect to each type of Compensation, list the minimum and maximum dollar amounts or percentages as whole dollar amounts or whole number percentages.)
(2) x Deferral Contributions with respect to Bonus Compensation only. The Employer requires Participants to enter into a special salary reduction agreement to make Deferral Contributions with respect to one or more Bonuses, subject to minimum and maximum deferral limitations, as provided in the table below. Deferral Contributions Type of Bonus Treated As Dollar Amount % Amount Performance Based Non- Performance Based Min ▇▇▇ ▇▇▇ ▇▇▇ Bonus Compensation Yes 0 100% 100 Restricted Stock Yes 0 100 (Note: With respect to each type of Bonus, list the minimum and maximum dollar amounts or percentages as whole dollar amounts or whole number percentages. In the event a bonus identified as a Performance-based Bonus above does not constitute a Performance-based Bonus with respect to any Participant, such Bonus will be treated as a Non-Performance-based Bonus with respect to such Participant.)
(b) Matching Contributions (Choose (1) or (2) below, and (3) below, as applicable):
(1) x ¨ The Employer shall make a Matching Contribution on behalf of each Employee Participant in an amount described below:
(A) ¨ % of the Employee Participant’s Deferral Contributions for the calendar year.
(B) x ¨ The amount, if any, declared by the Employer in writing, which writing is hereby incorporated herein.
(C) ¨ Other:
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