Common use of Frequency and Eligibility Clause in Contracts

Frequency and Eligibility. For each Plan Year, the Employer shall make Employer Matching Contributions, as described in the following Allocation Method paragraph, on behalf of each Participant who contributed during the period and was an Eligible Employee on the last day of the period. Such Contributions shall also be made on behalf of each Participant who contributed during the period but who ceased being an Employee during the period after having attained age 65, or by reason of his or her Disability or death.