Additional Adopting Employers. All participating Employers’ contributions and forfeitures, if applicable, attributable to each specific contribution source made by such Employer shall be pooled together and allocated uniformly among all eligible Participants.
Appears in 5 contracts
Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp), Defined Contribution Plan (Savannah Bancorp Inc), Defined Contribution Plan (ASB Bancorp Inc)
Additional Adopting Employers. ¨ 1. All participating Employers’ contributions and forfeitures, if applicable, attributable to each specific contribution source made by such Employer shall be pooled together and allocated uniformly among all eligible Participants.
¨ 2. Each participating Employer’s contribution and forfeitures, if applicable, attributable to each specific contribution source made by such Employer shall be allocated only to eligible Participants of the participating Employer.
Appears in 2 contracts
Samples: Nonstandardized Adoption Agreement (United Community Bancorp), Defined Contribution Plan (Fraternity Community Bancorp Inc)
Additional Adopting Employers. o 1. All participating Employers’ contributions and forfeitures, if applicable, attributable to each specific contribution source made by such Employer shall be pooled together and allocated uniformly among all eligible Participants.
o 2. Each participating Employer’s contribution and forfeitures, if applicable, attributable to each specific contribution source made by such Employer shall be allocated only to eligible Participants of the participating Employer.
Appears in 2 contracts
Samples: Adoption Agreement (Sterling Chemicals Inc), Defined Contribution Plan (Athens Bancshares Corp)
Additional Adopting Employers. All participating Employers’ Employer's contributions and forfeitures, if applicable, attributable to each specific contribution source made by such Employer forfeitures shall be pooled together and allocated uniformly among all eligible Participants.
Appears in 1 contract
Samples: Profit Sharing Plan Adoption Agreement (First Farmers & Merchants Corp)
Additional Adopting Employers. x 1. All participating Employers’ contributions and forfeitures, if applicable, attributable to each specific contribution source made by such Employer shall be pooled together and allocated uniformly among all eligible Participants.
o 2. Each participating Employer’s contribution and forfeitures, if applicable, attributable to each specific contribution source made by such Employer shall be allocated only to eligible Participants of the participating Employer.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (First Northwest Bancorp)
Additional Adopting Employers. 1. All participating Employers’ ' contributions and forfeitures, if applicable, attributable to each specific contribution source made by such Employer shall be pooled together and allocated uniformly among all eligible Participants.
2. Each participating Employer's contribution and forfeitures, if applicable, attributable to each specific contribution source made by such Employer shall be allocated only to eligible Participants of the participating Employer.
Appears in 1 contract
Samples: Adoption Agreement for Cash or Deferred Profit Sharing Plan (BBCN Bancorp Inc)
