Common use of Regular Contributions Clause in Contracts

Regular Contributions. The Employer shall make a Deferral Contribution in accordance with Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the payroll period in question, not to exceed 15% (no more than 15%) of Compensation for that period. (A) A Participant may increase or decrease, on a prospective basis, his salary reduction agreement percentage (check one): (i) As of the beginning of each payroll period. (ii) As of the first day of each month. (iii) /x/ As of the next Entry Date.

Appears in 1 contract

Sources: Non Standardized Adoption Agreement (Jevic Transportation Inc)

Regular Contributions. The Employer shall make a Deferral Contribution in accordance with Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the payroll period in question, not to exceed 15% (no more than 15%) of Compensation for that period. (A) A Participant may increase or decrease, on a prospective basis, his salary reduction agreement percentage (check one):); (i) [ ] As of the beginning of each payroll period. (ii) [ ] As of the first day of each month. (iii) /x/ [X] As of the next Entry Date.

Appears in 1 contract

Sources: Adoption Agreement (Infousa Inc)

Regular Contributions. The Employer shall make a Deferral Contribution in accordance with Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the payroll period in question, not to exceed 15% (no more than NO MORE THAN 15%) of Compensation for that period. 6 72 (A) A Participant may increase or decrease, on a prospective basis, his salary reduction agreement percentage (check one): (i) [ ] As of the beginning of each payroll period. (ii) [ ] As of the first day of each month. . (iii) /x/ [X] As of the next Entry Date. (iv) [ ] (Specify, but must be at least once per Plan Year) ---------------------------------- ----------------------------------

Appears in 1 contract

Sources: Profit Sharing/401(k) Plan (Jaymark Inc)

Regular Contributions. The Employer shall make a Deferral Contribution in accordance with Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the payroll period in question, not to exceed 15% (no more than 15%) of Compensation for that period. (A) A Participant may increase or decrease, on a prospective basis, his salary reduction agreement percentage (check one): (i) As of the beginning of each payroll period. (ii) As of the first day of each month. (iii) /x/ /X/ As of the next Entry Date.

Appears in 1 contract

Sources: Severance Agreement (Risk Capital Holdings Inc)

Regular Contributions. The Employer shall make a Deferral Contribution in accordance with Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the payroll period in question, not to exceed 15% __15_______% (no more than 15%) of Compensation for that period. (A) A Participant may increase or decrease, on a prospective basis, his salary reduction agreement percentage (check one): (i) As of the beginning of each payroll period. (ii) X As of the first day of each month. (iii) /x/ As of the next Entry Date.

Appears in 1 contract

Sources: Adoption Agreement (Smith Corona Corp)

Regular Contributions. The Employer shall make a Deferral Contribution in accordance with Section 4.01 on behalf of each Participant who has an executed salary reduction agreement in effect with the Employer for the payroll period in question, not to exceed 15% _ 15________% (no more than NO MORE THAN 15%) of Compensation for that period. (A) A Participant may increase or decrease, on a prospective basis, his salary reduction agreement percentage (check one): (i) [ ] As of the beginning of each payroll period. (ii) [ ] As of the first day of each month. (iii) /x/ [ ] As of the next Entry Date.

Appears in 1 contract

Sources: Non Standardized Adoption Agreement (Resource Bancshares Mortgage Group Inc)