General form of registration statement for all companies including face-amount certificate companies

Benefit Plans

v3.21.2
Benefit Plans
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Evolv Technologies Holdings Inc [Member]    
Benefit Plans

17. Benefit Plans

The Company established a defined contribution savings plan under Section 401(k) of the Code. This plan covers all employees who meet minimum age and service requirements and allows participants to defer a portion of their annual compensation on a pre-tax basis. Matching contributions to the plan may be made at the discretion of the Company’s board of directors. The Company did not make contributions to the plan during the three months ended March 31, 2021 and year ended December 31, 2020, respectively.

16.     Benefit Plans

The Company established a defined contribution savings plan under Section 401(k) of the Code. This plan covers all employees who meet minimum age and service requirements and allows participants to defer a portion of their annual compensation on a pre-tax basis. Matching contributions to the plan may be made at the discretion of the Company’s board of directors. The Company did not make contributions to the plan during the years ended December 31, 2020 and 2019, respectively.