Common use of Qualified Matching Contributions Clause in Contracts

Qualified Matching Contributions. If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): (a) all Participants who make Employee Thrift Contributions. (b) only those Participants who are Nonhighly Compensated Employees and who make Employee Thrift Contributions. (2) Qualified Matching Contributions will be contributed and :Allocated to each Participant in an amount equal to: (a) of the Participant's Employee Thrift Contributions. If inserted, Qualified Matching Contributions shall not exceed __% of the Participant's Compensation. _ (b) such an amount, determined by the Employer, which is needed to meet the ACP Test.

Appears in 1 contract

Sources: Prototype Defined Contribution Plan Adoption Agreement (Riviera Holdings Corp)

Qualified Matching Contributions. If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): ): / / (a) all Participants who make Employee Thrift Contributions. . / / (b) only those Participants who are Nonhighly Compensated Employees and who make Employee Thrift Contributions. (2) Qualified Matching Contributions will be contributed and :Allocated allocated to each Participant in an amount equal to: : / / (a) ___% of the Participant's Employee Thrift Contributions. If inserted, Qualified Matching Contributions shall not exceed ___% of the Participant's Compensation. _ / / (b) such an amount, determined by the Employer, which is needed to meet the ACP Test.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Childrens Place Retail Stores Inc)

Qualified Matching Contributions. If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): ): / / (a) all Participants who make Employee Thrift Contributions. . / / (b) only those Participants who are Nonhighly Compensated Employees and who make Employee Thrift Contributions. (2) Qualified Matching Contributions will be contributed and :Allocated allocated to each Participant in an amount equal to: : / / (a) ____% of the Participant's Employee Thrift Contributions. If inserted, Qualified Matching Contributions shall not exceed ____% of the Participant's Compensation. _ / / (b) such an amount, determined by the Employer, which is needed to meet the ACP Test.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Sterling Financial Corp /Wa/)

Qualified Matching Contributions. If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): (a) all Participants who make Employee Thrift Contributions. (b) only those Participants who are Nonhighly Compensated Employees and who make Employee Thrift Contributions. (2) Qualified Matching Contributions will be contributed and :Allocated allocated to each Participant in an amount equal to: : [ ] (a) _______% of the Participant's Employee Thrift Contributions. If inserted, Qualified Matching Contributions shall not exceed _______% of the Participant's Compensation. _ [ ] (b) such an amount, determined by the Employer, which is needed to meet the ACP Test.

Appears in 1 contract

Sources: Prototype Defined Contribution Plan Adoption Agreement (Samuels Jewelers Inc)

Qualified Matching Contributions. If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): (a) all Participants who make Employee Thrift Contributions. (b) only those Participants who are Nonhighly Compensated Employees and who make Employee Thrift Contributions. (2) Qualified Matching Contributions will be contributed and :Allocated allocated to each Participant in an amount equal to: : [ ] (a) % of the Participant's Employee Thrift ----- Contributions. If inserted, Qualified Matching Contributions shall not exceed __% of the ----- Participant's Compensation. _ [ ] (b) such an amount, determined by the Employer, which is needed to meet the ACP Test.

Appears in 1 contract

Sources: Prototype Defined Contribution Plan Adoption Agreement (Tca Cable Tv Inc)

Qualified Matching Contributions. If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): (a) all Participants who make Employee Thrift Contributions. (b) only those Participants who are Nonhighly Compensated Employees and who make Employee Thrift Contributions. (2) Qualified Matching Contributions will be contributed and :Allocated allocated to each Participant in an amount equal to: (a) of the Participant's Employee Thrift Contributions. If inserted, Qualified Matching Contributions shall not exceed ___% of the Participant's Compensation. _ [ ] (b) such an amount, determined by the Employer, which is needed to meet the ACP Test.

Appears in 1 contract

Sources: Defined Contribution Plan (Innerdyne Inc)

Qualified Matching Contributions. If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): (a): / /(a) all Participants who make Employee Thrift Contributions. (b. / /(b) only those Participants who are Nonhighly Compensated Employees and who make Employee Thrift Contributions. (2) Qualified Matching Contributions will be contributed and :Allocated allocated to each Participant in an amount equal to: (a: / /(a) % of the Participant's Employee Thrift Contributions. If inserted, Qualified Matching Contributions shall not exceed __% of the Participant's Compensation. _ (b/ /(b) such an amount, determined by the Employer, which is needed to meet the ACP Test.

Appears in 1 contract

Sources: Prototype Defined Contribution Plan Adoption Agreement (Media 100 Inc)

Qualified Matching Contributions. If selected below, ; the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): (a) all Participants who make Employee Thrift Contributions. (b) only those Participants who are Nonhighly Compensated Employees and who make Employee Thrift Contributions. (2) Qualified Matching Contributions will be contributed and :Allocated allocated to each Participant in an amount equal to: (a) of the Participant's Employee Thrift Contributions. If inserted, Qualified Matching Contributions shall not exceed ______% of the Participant's Compensation. _ . (b) such an amount, determined by the Employer, which is needed to meet the ACP Test.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Good Guys Inc)

Qualified Matching Contributions. If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): (a) all Participants who make Employee Thrift Contributions. . [ ] (b) only those Participants who are Nonhighly Compensated Employees and who make Employee Thrift Contributions. (2) Qualified Matching Contributions will be contributed and :Allocated allocated to each Participant in an amount equal to: (a) of the Participant's Employee Thrift Contributions. If inserted, Qualified Matching Contributions shall not exceed ____ % of the Participant's Compensation. _ [ ] (b) such an amount, determined by the Employer, which is needed to meet the ACP Test.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Pennfed Financial Services Inc)