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These excerpts taken from the MRO 10-K filed Feb 27, 2009. ARTICLE IV. Other Contributions
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New hires who are eligible for this Plan under Section 2.1 and who, except for the provisions governing the Thrift Plans waiting period, would otherwise be eligible to participate in the Thrift Plan, shall be credited with a Company match equal to the maximum potential Company match under the Thrift Plan multiplied by the Participants gross pay (as defined in the Thrift Plan but disregarding any limitations on eligible compensation as may be imposed by the Code) during the Thrift Plans waiting period. This accrual shall cease to the extent that, upon the first date of participation eligibility in the Thrift Plan, the employee is eligible under the Plan for the Thrift Plan Company matching contributions.
A Participant shall be credited each year with a match equal to such Participants Salary Deferrals during the year multiplied by the rate of the maximum potential match under the Thrift Plan.
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. ARTICLE IV. Other Contributions
New hires who are eligible for this Plan under Section 2.1 and who, except for the provisions governing the Thrift Plans waiting period, would otherwise be eligible to participate in the Thrift Plan, shall be credited with a Company match equal to the maximum potential Company match under the Thrift Plan multiplied by the Participants gross pay (as defined in the Thrift Plan but disregarding any limitations on eligible compensation as may be imposed by the Code) during the Thrift Plans waiting period. This accrual shall cease to the extent that, upon the first date of participation eligibility in the Thrift Plan, the employee is eligible under the Plan for the Thrift Plan Company matching contributions.
A Participant shall be credited each year with a match equal to such Participants Salary Deferrals during the year multiplied by the rate of the maximum potential match under the Thrift Plan.
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. Other Contributions STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">
SIZE="2">New hires who are eligible for this Plan under Section 2.1 and who, except for the provisions governing the Thrift Plans waiting period, would otherwise be eligible to participate in the Thrift Plan, shall be credited
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Matching contributions under
- 4 - ARTICLE IV. Other Contributions STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">
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SIZE="2">New hires who are eligible for this Plan under Section 2.1 and who, except for the provisions governing the Thrift Plans waiting period, would otherwise be eligible to participate in the Thrift Plan, shall be credited
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Matching contributions under | EXCERPTS ON THIS PAGE:
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