FIRST YEAR COMPENSATION. If Matching or Non-Matching Contributions will be made, for purposes of determining the Compensation on the basis of which such contributions will be allocated for a Participant’s first year of participation, the Participant’s Compensation shall be the Participant's Compensation for the period commencing as of the first day the Employee became a Participant.
Appears in 6 contracts
Sources: 401(k) Resolution and Participating Employer Agreement, 401(k) Resolution and Participating Employer Agreement, 401(k) Resolution and Participating Employer Agreement