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Bitmap Image  |  1996-06-21  |  206KB  |  615x332  |  8-bit (21 colors)
Labels: bulletin board | reckoner | sky
OCR: EMPLOYEE HE COMPANY maintains profit sharing salary deferral 401(k) defined contribution benefit plan that covers all emplovees who have attained 21 years of age and completed at least .000 hours of service This plan allows employees to defer up to 15% of their pretax salary in certain investments at the discretion of the employee. Employer contributions are made at the discretion of the Company Board of Directors. Employer contributions made to the plan during the years ended March 31. 1996 1995 and 1994 were $291 .000 $0 and $150 000 respectively V MARCH 1996 the Company entered into an Agreement of Purchase and Sale (the Agree- ment) with third party to purchase parcel of land in Redwood City California, for $6. 096 000 of March 1996, the Company had made an initial deposit of approxima ...