Frequency and Eligibility. Subject to the limits of the Plan and to the Administrator’s authority to limit Contributions under the Plan, for each Plan Year the Employer may make a Pay Based Contribution in an amount determined by the Employer on behalf of each Participant.
Appears in 2 contracts
Sources: Salaried 401(k) Plan (Pepsiamericas Inc/Il/), Salaried 401(k) Plan (Pepsiamericas Inc/Il/)
Frequency and Eligibility. Subject to the limits of the Plan and to the Administrator’s authority to limit Contributions under the Plan, for each Plan Year the Employer may make a Pay Based Special Contribution in an amount determined by the Employer Administrator on behalf of each ParticipantNon-Highly Compensated Employee Participant who was an Eligible Employee at any time during the Plan Year.
Appears in 2 contracts
Sources: Salaried 401(k) Plan (Pepsiamericas Inc/Il/), Salaried 401(k) Plan (Pepsiamericas Inc/Il/)
Frequency and Eligibility. Subject to the limits of the Plan and to the Administrator’s authority to limit Contributions under the Plan, for each Plan Year Year, the Employer may make a Pay Based Special Contribution in an amount determined by the Employer Administrator on behalf of each ParticipantNon-Highly Compensated Employee Participant who is an Eligible Employee at any time during the Plan Year.
Appears in 2 contracts
Sources: 401(k) Plan (Pepsiamericas Inc/Il/), 401(k) Plan (Pepsiamericas Inc/Il/)