Common use of Additional Elective Deferral limits Clause in Contracts

Additional Elective Deferral limits. Regardless of the above limits (if any), the following apply (select all that apply; leave blank if none apply): e. [ ] If a. or b. above is selected, a Participant may make a separate election to defer up to % of any irregular pay (e.g., bonus) regardless of the limitation in a. or b. above f. [ ] For Participants who are HCEs determined as of the beginning of a Plan Year, then instead of 25.A. applying, the Elective Deferral limit is (must be equal to or lower than limit selected in 25.A.; may not be selected if HCEs are excluded at 13.g.1 or 13.g.2): 1. [ ] % of Compensation 2. [ ] the percentage equal to the Elective Deferral limit in effect under Code §402(g)(3) for the calendar year that begins with or within the Plan Year divided by the annual compensation limit in effect for the Plan Year under Code §401(a)(17) 3. [ ] other: (e.g., must be a specific limit that only applies to some or all HCEs)

Additional Elective Deferral limits. Regardless of the above limits (if any), the following apply (select all that apply; leave blank if none apply): e. d. [ ] If a. or b. above is selected, a Participant may make a separate election to defer up to % of any irregular pay (e.g., bonus) regardless of the limitation in a. or b. above f. e. [ ] For Participants who are HCEs determined as of the beginning of a Plan Year, then instead of 25.A. applying, the Elective Deferral limit is (must be equal to or lower than limit selected in 25.A.; may not be selected if HCEs are excluded at 13.g.1 or 13.g.2): 1. [ ] % of Compensation 2. [ ] the percentage equal to the Elective Deferral limit in effect under Code §402(g)(3) for the calendar year that begins with or within the Plan Year divided by the annual compensation limit in effect for the Plan Year under Code §401(a)(17) 3. [ ] other: (e.g., must be a specific limit that only applies to some or all HCEs)

Additional Elective Deferral limits. Regardless of the above limits (if any), the following apply (select all that apply; leave blank if none apply): e. d. [ ] If a. or b. above is selected, a Participant may make a separate election to defer up to % of any irregular pay (e.g., bonus) regardless of the limitation in a. or b. above f. e. [ ] For Participants who are HCEs determined as of the beginning of a Plan Year, then instead of 25.A. applying, the Elective Deferral limit is (must be equal to or lower than limit selected in 25.A.; may not be selected if HCEs are excluded at 13.g.1 or 13.g.2): 1. [ ] % of Compensation 2. [ ] the percentage equal to the Elective Deferral limit in effect under Code §402(g)(3) for the calendar year that begins with or within the Plan Year divided by the annual compensation limit in effect for the Plan Year under Code §401(a)(17) 3. [ ] other: (e.g., must be a specific limit that only applies to some or all HCEs)– 29.