Common use of Adjustments to Participant Accounts Clause in Contracts

Adjustments to Participant Accounts. As of each Valuation Date of the Plan, the Employer shall add to each account: (a) the Participant's share of the Employer's contribution and forfeitures as determined in the Adoption Agreement, (b) any Elective Deferrals, Voluntary, Rollover or Transfer Contributions made by the Participant, (c) any repayment of amounts previously paid out to a Participant upon a separation from Service and repaid by the Participant since the last Valuation Date, and (d) the Participant's proportionate share of any investment earnings and increase in the fair market value of the Fund since the last Valuation Date, as determined at paragraph 5.

Appears in 4 contracts

Samples: Adoption Agreement (Shared Technologies Cellular Inc), Non Standardized Adoption Agreement (Princeton Review Inc), Adoption Agreement (Professionals Insurance Co Management Group)

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Adjustments to Participant Accounts. As of each Valuation Date of the Plan, the Employer shall add to each account: (a) the Participant's share of the Employer's contribution and forfeitures as determined in the Adoption Agreement, (b) any Elective Deferrals, Voluntary, Rollover or Transfer Contributions made by the Participant,. (c) any repayment of amounts previously paid out to a Participant upon a separation from Service and repaid by the Participant since the last Valuation Date, and (d) the Participant's proportionate share of any investment earnings and increase in the fair market value of the Fund since the last Valuation Date, as determined at paragraph 5.

Appears in 4 contracts

Samples: Adoption Agreement (Westfield Financial Inc), Profit Sharing Plan (First Keystone Corp), 401(k) Plan Document (Berkshire Hills Bancorp Inc)

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Adjustments to Participant Accounts. As of each Valuation Date of the Plan, the Employer shall add to each account: (a) the Participant's share of the Employer's contribution and forfeitures as determined in the Adoption Agreement, (b) any Elective Deferrals, Voluntary, Rollover or Transfer Contributions made by the Participant, (c) any repayment of amounts previously paid out to a Participant upon a separation from Service and repaid by the Participant since the last Valuation Date, and (d) the Participant's proportionate share of any investment earnings and increase in the fair market value of the Fund since the last Valuation Date, as determined at paragraph 5.

Appears in 1 contract

Samples: Adoption Agreement (Professionals Insurance Co Management Group)

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