Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]: (A) ¨ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year (B) x An amount determined by the Employer in its sole discretion (C) ¨ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation. (D) ¨ Other: (E) ¨ Not Applicable [Proceed to Section 5.01(b)] (ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]: (A) ¨ Describe requirements: (B) x Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions (C) ¨ No requirements (iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]: (A) ¨ As of the last day of the Plan Year (B) x At such times as the Employer shall determine in it sole discretion (C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant (D) ¨ Other:
Appears in 2 contracts
Sources: Adoption Agreement (Vmware, Inc.), Adoption Agreement (Vmware, Inc.)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ o [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x o An amount determined by the Employer in its sole discretion
(C) ¨ o Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ o Other:
(E) ¨ þ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ o Describe requirements:
(B) x o Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ o No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ o As of the last day of the Plan Year
(B) x o At such times as the Employer shall determine in it sole discretion
(C) ¨ o At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ o Other:
Appears in 2 contracts
Sources: Adoption Agreement (Juniper Networks Inc), Adoption Agreement (Juniper Networks Inc)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x ¨ An amount determined by the Employer in its sole discretion
(C) ¨ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ Other:
(E) ¨ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ Describe requirements:
(B) x ¨ Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ As of the last day of the Plan Year
(B) x ¨ At such times as the Employer shall determine in it sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:
Appears in 2 contracts
Sources: Adoption Agreement (Markel Corp), Deferred Compensation Plan (Del Monte Foods Co)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ o [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x o An amount determined by the Employer in its sole discretion
(C) ¨ o Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ þ Other:: See Attachment to Section 5.01(a)
(E) ¨ o Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ þ Describe requirements:: See Attachment to Section 5.01(a)
(B) x o Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ o No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ o As of the last day of the Plan Year
(B) x þ At such times as the Employer shall determine in it its sole discretion
(C) ¨ o At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ o Other:
Appears in 2 contracts
Sources: Salaried Retirement Equalization Savings Program (Delphi Corp), Salaried Retirement Equalization Savings Program (Delphi Corp)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ o ______ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x o An amount determined by the Employer in its sole discretion
(C) ¨ o Matching Contributions for each Participant shall be limited to $ $______ and/or ______% of Compensation.
(D) ¨ o Other:
(E) ¨ þ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ o Describe requirements:
(B) x o Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ o No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ o As of the last day of the Plan Year
(B) x o At such times as the Employer shall determine in it sole discretion
(C) ¨ o At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ o Other:
Appears in 1 contract
Sources: Adoption Agreement (Shaw Group Inc)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ _____ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x An amount determined by the Employer in its sole discretion
(C) ¨ Matching Contributions for each Participant shall be limited to $ $_____and/or ______% of Compensation.
(D) ¨ Other:: _________________________________ _________________________________
(E) ¨ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ Describe requirements:: __________________________________________________________________
(B) x Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ No requirements
requirements (iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ As of the last day of the Plan Year
(B) x At such times as the Employer shall determine in it sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:: __________________________________________________________________
Appears in 1 contract
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ [insert percentage] of the Compensation that the Participant has elected to defer for the Plan Year
(B) x X An amount determined by the Employer in its sole discretion
(C) ¨ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ Other:: _________________________________
(E) ¨ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ Describe requirements:
(B) x _X_ Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ As of the last day of the Plan Year
(B) x X At such times as the Employer shall determine in it sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:
Appears in 1 contract
Sources: Adoption Agreement (IHS Inc.)
Matching Contributions. (i) Amount for Plan Years Prior to January 1, 2020 For each Plan YearYear prior to January 1, 2020, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii5.01(a)(iii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ ☐ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x ☐ An amount determined by the Employer in its sole discretion
(C) ¨ ☐ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ ☒ Other: For each Participant who has made elective contributions (as defined in 26 CFR section 1.401(k)-6 (“QP Deferrals”)) of the maximum permitted under Code section 402(g), or the maximum permitted under the terms of the SITE Centers Corp. 401(k) Plan and Trust (the “QP”), to the QP, the Employer shall make a Matching Contribution in an amount equal to (1) minus (2) below:
(1) The matching contributions (as defined in 26 CFR section 1.401(m)-1(a)(2) (“QP Match”)) that the Participant would have received under the QP on the sum of the Deferral Contributions and the Participant’s QP Deferrals, determined as though –
(2) The QP Match actually made to such Participant under the QP for the applicable plan year. Provided, however, that the Matching Contributions made on behalf on any Participant pursuant to this Section 5.01(a)(i)(D) shall be limited as provided in Section 5.1 hereof.
(E) ¨ ☐ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility Amount for Plan Years On and After January 1, 2020 For each Plan Year beginning on and after January 1, 2020, the Employer shall make a Matching Contribution A on behalf of each Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he and satisfies the following requirements of Section 5.01(a)(iii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ Describe requirements:
(B) x Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated ☐ [select one]:
(A) ¨ As insert percentage] of the last day of Compensation the Participant has elected to defer for the Plan Year
(B) x At such times as ☐ An amount determined by the Employer shall determine in it its sole discretion
(C) ¨ At the time the Compensation on account ☐ Matching Contributions for each Participant shall be limited to $ and/or % of which the Matching Contribution is being made would otherwise have been paid to the ParticipantCompensation.
(D) ¨ ☒ Other: For each Participant who has made contributions pursuant to Section 4.01 hereof (“Deferral Contributions”), the Employer shall make a Matching Contribution in an amount equal to (1) minus (2) below:
(1) The matching contributions (as defined in 26 CFR section 1.401(m)-1(a)(2) (“QP Match”)) that the Participant would have received under the SITE Centers Corp. 401(k) Plan and Trust (the “QP”) on the sum of (i) the Deferral Contributions and (ii) the maximum elective contributions (as defined in 26 CFR section 1.401(i)-(6)) permitted under Code section 402(g) or, if lesser, permitted under the terms of the QP that the Participant could have made for the Plan Year under the QP (the “Deemed QP Contributions”), determined as though –
(2) The QP Match that would have been made to such Participant’s account under the QP if the Participant had made the Deemed QP Contributions to the QP for the Plan Year. Provided, however, that the Matching Contributions made on behalf on any Participant pursuant to this Section 5.01(a)(ii)(D) shall be limited as provided in Section 5.1 hereof, to the extent applicable.
(E) ☐ Not Applicable [Proceed to Section 5.01(b)]
Appears in 1 contract
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution matching contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ [insert percentage] percentage]% of the Compensation the Participant has elected to defer for the Plan Year
(B) x An amount determined by the Employer in its sole discretion
(C) ¨ Matching Contributions contributions for each Participant shall be limited to $ and/or % [insert percentage]% of Compensation.
(D) ¨ Other:
(E) ¨ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution matching contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions matching contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ Describe requirements:
(B) x Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributionsmatching contributions
(C) ¨ No requirements
(iii) Time of Allocation Matching Contributionscontributions, if made, shall be treated as allocated [select one]:
(A) ¨ As of the last day of the Plan Year
(B) x At such times as the Employer shall determine in it its sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution matching contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:
Appears in 1 contract
Sources: Non Qualified Deferred Compensation Plan Adoption Agreement (Vmware, Inc.)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x An amount determined by the Employer in its sole discretion
(C) ¨ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ Other:
(E) ¨ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ Describe requirements:
(B) x Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ As of the last day of the Plan Year
(B) x At such times as the Employer shall determine in it sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:
Appears in 1 contract
Sources: Adoption Agreement (Us Concrete Inc)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x þ An amount determined by the Employer in its sole discretion
(C) ¨ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ Other:
(E) ¨ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ Describe requirements:
(B) x þ Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ As of the last day of the Plan Year
(B) x þ At such times as the Employer shall determine in it sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:
Appears in 1 contract
Sources: Adoption Agreement (Vmware, Inc.)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ ☐ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x ☐ An amount determined by the Employer in its sole discretion
(C) ¨ ☐ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ ☐ Other:
(E) ¨ ☐ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ ☐ Describe requirements:
(BA) x ☐ Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(CA) ¨ ☐ No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ ☐ As of the last day of the Plan Year
(BA) x ☐ At such times as the Employer shall determine in it sole discretion
(CA) ¨ ☐ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(DA) ¨ ☐ Other:
Appears in 1 contract
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x ¨ An amount determined by the Employer in its sole discretion
(C) ¨ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ Other:
(E) ¨ x Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ Describe requirements:
(B) x Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ As of the last day of the Plan Year
(B) x At such times as the Employer shall determine in it sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:
Appears in 1 contract
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [(complete the ones that are applicable]:one):
(A) ¨ [insert percentage] % of the Compensation the Participant has elected to defer for the Plan Year
(B) x ¨ An amount determined by the Employer in its sole discretion
(C) ¨ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ Other:
(E) ¨ Not Applicable [Proceed to Section 5.01(b)]Applicable.
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [(complete the ones that are applicable]:):
(A) ¨ Describe requirements:Is employed on the last day of the Plan Year
(B) x ¨ Completes [insert number] of hours of service during the Plan Year
(C) ¨ Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(CD) ¨ No requirementsrequirements (E) ¨ Other
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [(select one]:):
(A) ¨ As of the last day of the Plan Year
(B) x ¨ At such times as the Employer shall determine in it sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:
Appears in 1 contract
Sources: Deferred Bonus Plan (Davita Inc)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution matching contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ ☐ [insert percentage] percentage]% of the Compensation the Participant has elected to defer for the Plan Year
(B) x ☐ An amount determined by the Employer in its sole discretion
(C) ¨ ☐ Matching Contributions contributions for each Participant shall be limited to $ and/or % [insert percentage]% of Compensation.
(D) ¨ ☒ Other:
(1) Any matching contribution that would have been made under the Marathon Petroleum Thrift Plan or the Marathon Petroleum Excess Benefit Plan but that is not made solely because of limitations under the Code or any compensation limit imposed on deferrals in the Marathon Petroleum Thrift Plan. The match determined under this paragraph shall be determined at the rate of the maximum match rate as in effect under the Marathon Petroleum Thrift Plan. Notwithstanding any other provision of the Plan to the contrary, the matching contribution provided under this subparagraph 5.01(a)(i)(D)(1) shall be made to any Participant regardless of whether the Participant elects to make a deferral to this Plan under Section 4.01(a).
(2) Any deferral made under Section4.01(a) of this Plan at the maximum match rate as in effect under the Marathon Petroleum Thrift Plan.
(E) ¨ ☐ Not Applicable [Proceed to Section 5.01(b)]
] (ii) Eligibility for Matching Contribution matching contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions matching contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ ☐ Describe requirements:
(B) x ☐ Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributionsmatching contributions
(C) ¨ ☒ No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ As of the last day of the Plan Year
(B) x At such times as the Employer shall determine in it sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:
Appears in 1 contract
Sources: Executive Deferred Compensation Plan (Marathon Petroleum Corp)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ ☐ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x ☐ An amount determined by the Employer in its sole discretion
(C) ¨ ☐ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ ☐ Other:
(E) ¨ ☑ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ ☐ Describe requirements:
(B) x ☐ Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ ☐ No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ ☐ As of the last day of the Plan Year
(B) x ☐ At such times as the Employer shall determine in it sole discretion
(C) ¨ ☐ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ ☐ Other:
Appears in 1 contract
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x An amount determined by the Employer in its sole discretion
(C) ¨ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ Other:
(E) ¨ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ Describe requirements:
(B) x ¨ Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ x No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ As of the last day of the Plan Year
(B) x At such times as the Employer shall determine in it sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:
Appears in 1 contract
Sources: Adoption Agreement (Lsi Corp)
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ o [insert percentage] of the Compensation the Participant has elected to defer for the Plan Year
(B) x o An amount determined by the Employer in its sole discretion
(C) ¨ o Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ o Other:
(E) ¨ x Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ o Describe requirements:
(B) x o Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ o No requirements
requirements (iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ o As of the last day of the Plan Year
(B) x o At such times as the Employer shall determine in it sole discretion
(C) ¨ o At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ o Other:
Appears in 1 contract
Matching Contributions. (i) Amount For each Plan Year, the Employer shall make a Matching Contribution on behalf of each Participant who defers Compensation for the Plan Year and satisfies the requirements of Section 5.01(a)(ii) of the Adoption Agreement equal to [complete the ones that are applicable]:
(A) ¨ __________ [insert percentage] of the Compensation that the Participant has elected to defer for the Plan Year
(B) x An amount determined by the Employer in its sole discretion
(C) ¨ Matching Contributions for each Participant shall be limited to $ and/or % of Compensation.
(D) ¨ Other:
(E) ¨ Not Applicable [Proceed to Section 5.01(b)]
(ii) Eligibility for Matching Contribution A Participant who defers Compensation for the Plan Year shall receive an allocation of Matching Contributions determined in accordance with Section 5.01(a)(i) provided he satisfies the following requirements [complete the ones that are applicable]:
(A) ¨ Describe requirements:
(B) x Is selected by the Employer in its sole discretion to receive an allocation of Matching Contributions
(C) ¨ No requirements
(iii) Time of Allocation Matching Contributions, if made, shall be treated as allocated [select one]:
(A) ¨ As of the last day of the Plan Year
(B) x At such times as the Employer shall determine in it sole discretion
(C) ¨ At the time the Compensation on account of which the Matching Contribution is being made would otherwise have been paid to the Participant
(D) ¨ Other:
Appears in 1 contract
Sources: Adoption Agreement (IHS Markit Ltd.)