Allocation of Company Contributions. Except as provided in Section 4.7, the Company contributions for each Plan Year shall be allocated among the Company Contributions Accounts of all Employees who were Participants on the Anniversary Date of that Plan Year or whose employment with the Companies terminated during that Plan Year because of death, Total Disability or Deferred or Normal Retirement proportionately in the ratio that the Compensation paid to such Participant, if any, for that Plan Year or since becoming a Participant in this Plan if he became a Participant within that Plan Year bears to the aggregate Compensation paid to all Participants for that Plan Year or since becoming Participants in this Plan if they became Participants within that Plan Year. To the extent cash dividends are applied to pay of an Exempt Loan under Section 4.5 and notwithstanding anything contained herein to the contrary, Company contributions shall first be applied towards crediting the Participant's Company Contributions Account to which the cash dividends would have been allocated before they are allocated under the preceding provisions of this Section.
Allocation of Company Contributions. ..13 Section 4.3. Limitations on Annual Additions..............13 Clause (a). Basic Limitations......................13 Clause (b). Participation in Other Plans...........14 Section 4.4. Effective Date of Allocations................14 Section 4.5. Cash Dividends...............................14 Section 4.6.
Allocation of Company Contributions. The Board of Directors shall, in its sole discretion, determine the portion of the Company Contribution voted pursuant to Section 4.03 which shall be allocated to each Company Division (if any). Such determination shall be made on a basis which does not discriminate in favor of employees who are Highly Compensated Employees (in accordance with Section 401(a)(4) of the Code) and which complies with the requirements of Sections 401(a)(26) and 410(b) of the Code. As soon as practicable after the end of each Plan Year for which a Company Contribution has been made to the Trust pursuant to Section 4.03, the Company shall deliver to the Committee a schedule showing the amount of the Company Contribution for the Plan Year allocated to each Company Division and the name of each Participant who was an Employee of the Company
Allocation of Company Contributions. As soon as practicable after the end of each Plan Year for which a Company Contribution has been made to the Trust pursuant to Section 4.03, the Company shall deliver to the Committee a schedule showing the amount of the Company Contribution for the Plan Year and the name of each Participant who was an Employee of the Company on the Anniversary Date of such Plan Year, and opposite the name of each such Participant the amount of Compensation paid to such Participant by the Company during such Plan Year. The schedule shall also contain such other information as the Committee may reasonably require for the proper administration of the Plan. Upon receiving such schedule and the total contribution, if any, made by the Company for such Plan Year, and after the account balances of the Participants have been adjusted as provided in Section 5.06, the Committee shall allocate a portion of the Company Contribution to the Plan for the Plan Year to the Company Account of each Participant which bears the same ratio to such portion of the total Company Contribution as the Participant's Compensation for such Plan Year bears to the total Compensation of all eligible Participants for such Plan Year."
Allocation of Company Contributions. 30 5.06 Allocation of Rollover Contributions..................... 32 5.07 Valuation and Allocation of Assets....................... 32 5.08
Allocation of Company Contributions. As soon as practicable after the end of each Plan Year for which a Company Contribution has been made to the Trust pursuant to Section 4.04, the Company shall deliver to the Committee a schedule showing the name of each Participant who (a) was an Employee of the Company on the last-day of such Plan Year and was credited with at least one thousand (1,000) Hours of Service during such Plan Year or (b) died, retired on or after Normal Retirement Age or became disabled (within the meaning of Section 7.03) during such Plan Year, and opposite the name of each such Participant the amount of Compensation paid to such Participant by the Company during such Plan Year. The schedule shall also contain such other information as the Committee may reasonably require for the proper administration of the Plan. Upon receiving such schedule and the total contribution, if any, made by the Company for such Plan Year, and after the account balances of the Participants have been adjusted as provided in Section 5.07, the Committee shall allocate a portion of the Company Contribution for the Plan Year to the Company Account of each Participant listed on such schedule on the following basis:
Allocation of Company Contributions. Upon receiving the total regular and supplemental contributions made by the Company for the Limitation Year and the schedule required to be furnished to the Trustee pursuant to Section 5.02, and after the Account balances of the Members have been adjusted as provided in Section 5.06 and forfeitures determined and allocated under Section 5.04, the Trustee shall allocate a portion of the sum of Company contributions to the Account of each Member listed on said schedule, which amount shall bear the same ratio to the sum of Company contributions as the Compensation of each Member shown on said schedule bears to the total Compensation listed for all such Members.
Allocation of Company Contributions. Except as provided in Section 4.7, the Company contributions for each Plan Year shall be allocated among the Company Contributions Accounts of all Employees:
Allocation of Company Contributions. Except as provided in Section 4.7, the Company contributions for each Plan Year shall be allocated among the Company Contributions Accounts of all Employees who are still actively employed by a Company on the Anniversary Date of that Plan Year or whose employment with the Companies terminated during that Plan Year because of death, Total Disability, Deferred or Normal Retirement or after reaching age forty-five (45) with a Period of Service of at least five (5) years proportionately in the ratio that the Compensation (disregarding Compensation in excess of fifty thousand dollars ($50,000), as adjusted in the manner described below) paid to such Participant, if any, for that Plan Year or since becoming a Participant in this Plan if he became a Participant within that Plan Year bears to the aggregate Compensation (disregarding Compensation paid to any Participant in excess of fifty thousand dollars ($50,000), as adjusted in the manner described below) paid to all Participants for that Plan Year or since becoming Participants in this Plan if they became Participants within that Plan Year. The fifty thousand dollar ($50,000) limit described above shall be adjusted as of the first (1st) day of each Plan Year beginning on January 1, 1997. The adjusted limit shall be determined by multiplying fifty thousand dollars ($50,000) by a fraction the numerator of which shall be the Bureau of Labor Statistics Wage Earners Index for the month of December preceding such January 1 adjustment date and the denominator of which shall be the Bureau of Labor Statistics Wage Earners Index for December, 1995, and rounding up or down to the nearest thousand dollar increment. To the extent cash dividends on allocated shares of Stock are applied to pay of an Exempt Loan under Section 4.5 and notwithstanding anything contained herein to the contrary, Company contributions shall first be applied towards crediting the Participant's Company Contributions Account to which the cash dividends would have been allocated before they are allocated under the preceding provisions of this Section.
Allocation of Company Contributions. Except as provided in Section 4.7, the Company contributions for each Plan Year shall be allocated among the Company Contributions Accounts of all Participants who were employed by a Company on the Anniversary Date of that Plan Year and who had completed one thousand (1,000) or more Hours of Service during that Plan Year or whose employment terminated during that Plan Year because of death, Total Disability or Deferred or Normal Retirement proportionately in the ratio that the Compensation paid to such Participant, if any, for that Plan Year bears to the aggregate Compensation paid to all Participants for that Plan Year or since becoming Participants in this Plan if they became Participants within that Plan Year.
