Matching Credit

Matching Credit. Shall mean, for Plan Years beginning before December 31, 2010, the amount equal to (i) the maximum amount of matching contributions that hypothetically could have been credited to the Participant's Qualified Dex One 401(k) Plan account for the Plan Year before taking into account the restrictions of Code Sections 401(a)(17) and 415; less (ii) the maximum amount of matching contribution that hypothetically could have been made to the Participant's Qualified Dex One 401(k) Plan account for the... Plan Year taking into account Code Sections 401(a)(17) and 415. Only Eligible Employees who make pre-tax deferrals to the Qualified Dex One 401(k) Plan in an amount equal to the Code Section 402(g) limit for the Plan Year shall receive a Matching Credit for the Plan Year. For Plan Years beginning on and after January 1, 2011, no Eligible Employee shall receive a Matching Credit under the Plan. View More

Matching Credit. A credit by the Company to an Executive's Matching Account under Section 5.3 of the Plan;