Elective Contributions. Contributions by an Employer for a Section 401(k) Member as provided in Section 3.1, based on the amount by which such Section 401(k) Member elects to reduce his Compensation otherwise payable in cash (which contributions may not exceed the Elective Deferral Limit).
Appears in 3 contracts
Sources: Savings Plan (Arrow Electronics Inc), Savings Plan (Arrow Electronics Inc), Affiliate Agreement (Arrow Electronics Inc)