Employer Discretionary Contributions

[Guest Buzzman]

Is there any issue with plan providing for employer to make discretionary contributions to participant's account in NQDCP in such amount as employer determines if contributions are subject to 3 year vesting and are to be paid out with participant's elective deferrals upon occurrence of statutory distribution events (death, disability, change in control, etc. )?

[Ron Snyder]

Of course there are issues, but our deferred compensation plan has a very similar (except for the vesting schedule). This should be able to work with appropriate drafting.