Common use of ALLOCATIONS TO PARTICIPANTS Clause in Contracts

ALLOCATIONS TO PARTICIPANTS. Except as otherwise provided below, a Participant shall share in Employer contributions in any Plan Year if the Participant completes a Year of Service for Benefit Accrual during such Plan Year. Notwithstanding any other provision of the Plan or this Adoption Agreement, any Participant making Elective Deferral or Participant Contributions to the Plan for any Plan Year shall be entitled to such Elective Deferral or Participant Contributions.

Appears in 4 contracts

Samples: Plan and Trust Agreement (RBB Fund Inc), Plan and Trust Agreement (Temporary Investment Fund Inc), Plan and Trust Agreement (Chestnut Street Exchange Fund)

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