Common use of DISCRETIONARY MATCHING CONTRIBUTIONS Clause in Contracts

DISCRETIONARY MATCHING CONTRIBUTIONS. The Employer shall make contributions to the Plan, in an amount determined by resolution of the Board of Directors on an annual basis. The Board resolution shall provide for the percentage and/or amount of Before Tax Contributions and/or After Tax Contributions to be matched and the maximum percentage and/or amount of Before Tax Contributions and/or After Tax Contributions eligible for matching.

Appears in 4 contracts

Sources: 401(k) Profit Sharing Plan Adoption Agreement (Priority Healthcare Corp), 401(k) Profit Sharing Plan Adoption Agreement (Midland Co), Adoption Agreement (Abbott Laboratories)

DISCRETIONARY MATCHING CONTRIBUTIONS. X The Employer shall make contributions to the Plan, in an amount determined by resolution of the Board of Directors on an annual basis. The Board resolution shall provide for the percentage and/or amount of Before Tax Contributions and/or After Tax Contributions to be matched and the maximum percentage and/or amount of Before Tax Contributions and/or After Tax Contributions eligible for matching.

Appears in 1 contract

Sources: Adoption Agreement (Helix Technology Corp)

DISCRETIONARY MATCHING CONTRIBUTIONS. X The Employer shall make contributions to --- the Plan, in an amount determined by resolution of the Board of Directors on an annual basis. The Board resolution shall provide for the percentage and/or amount of Before Tax Contributions and/or After Tax Contributions to be matched and the maximum percentage and/or amount of Before Tax Contributions and/or After Tax Contributions eligible for matching.

Appears in 1 contract

Sources: 401(k) Profit Sharing Plan (MDC Holdings Inc)