Common use of ALLOCATION OF AFTER-TAX CONTRIBUTIONS Clause in Contracts

ALLOCATION OF AFTER-TAX CONTRIBUTIONS. The Committee or its designee shall allocate After-Tax Contributions made by a Participant in the amount of such After-Tax Contributions and shall credit such After-Tax Contributions to the Participant’s After-Tax Contribution Account.

Appears in 3 contracts

Sources: 401(k) Savings Plan (Quanex Corp), Employee Savings Plan (Quanex Corp), 401(k) Plan Amendment and Restatement (Quanex Corp)

ALLOCATION OF AFTER-TAX CONTRIBUTIONS. The Committee or its designee shall allocate After-Tax Contributions made by a Participant in the amount of such After-Tax Contributions and shall credit such After-Tax Contributions to the Participant’s Participants After-Tax Contribution Account.

Appears in 2 contracts

Sources: Employee Savings Plan (Quanex Corp), Employee Savings Plan (Quanex Corp)

ALLOCATION OF AFTER-TAX CONTRIBUTIONS. The Committee or its designee shall allocate After-Tax Contributions made by a Participant in the amount of such After-Tax Contributions and shall credit such After-Tax Contributions to the Participant’s 's After-Tax Contribution Account.

Appears in 2 contracts

Sources: Hourly Bargaining Unit Employees Savings Plan (Quanex Corp), 401(k) Plan Amendment and Restatement (Quanex Corp)