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MRO » Topics » ARTICLE IV. Matching Contributions

These excerpts taken from the MRO 10-K filed Feb 27, 2009.

ARTICLE IV. Matching Contributions

 

4.1. Matching Contributions on Salary Deferrals

A Participant shall be credited each year with a match equal to sixty-seven cents ($.67) for each dollar ($1.00) of the first six percent (6%) of such Participant’s Salary Deferrals during the year. The maximum match shall be four percent (4%) of Compensation.

 

4.2. Manner of Deferral

Matching contributions under this Article IV may be credited on a pay-period basis or in any other manner determined by the Plan Administrator; provided that such matching contributions during the Plan Year, in the aggregate, reflect the correct amount determined under this Article IV.

 

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ARTICLE IV. Matching Contributions

 

4.1. Matching Contributions on Salary Deferrals

A Participant shall be credited each year with a match equal to sixty-seven cents ($.67) for each dollar ($1.00) of the first six percent (6%) of such Participant’s Salary Deferrals during the year. The maximum match shall be four percent (4%) of Compensation.

 

4.2. Manner of Deferral

Matching contributions under this Article IV may be credited on a pay-period basis or in any other manner determined by the Plan Administrator; provided that such matching contributions during the Plan Year, in the aggregate, reflect the correct amount determined under this Article IV.

 

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ARTICLE IV. Matching Contributions

STYLE="font-size:12px;margin-top:0px;margin-bottom:0px"> 





4.1.Matching Contributions on Salary Deferrals

A
Participant shall be credited each year with a match equal to sixty-seven cents ($.67) for each dollar ($1.00) of the first six percent (6%) of such Participant’s Salary Deferrals during the year. The maximum match shall be four percent
(4%) of Compensation.

 





4.2.Manner of Deferral

Matching contributions under
this Article IV may be credited on a pay-period basis or in any other manner determined by the Plan Administrator; provided that such matching contributions during the Plan Year, in the aggregate, reflect the correct amount determined under this
Article IV.

 


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EXCERPTS ON THIS PAGE:

10-K (3 sections)
Feb 27, 2009

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