Common use of ALLOCATIONS TO TERMINATED EMPLOYEES Clause in Contracts

ALLOCATIONS TO TERMINATED EMPLOYEES. (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) (b) The Employer will allocate Employer related contributions to any Participant who terminates during the Plan Year without accruing the necessary Hours of Service if they terminate as a result of:

Appears in 2 contracts

Samples: Non Standardized Adoption Agreement (Valley National Corp /De/), Non Standardized Adoption Agreement (Princeton Review Inc)

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ALLOCATIONS TO TERMINATED EMPLOYEES. (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) (b) The Employer will allocate Employer related contributions to any Participant who terminates during the Plan Year without accruing the necessary Hours of Service if they terminate as a result of:

Appears in 2 contracts

Samples: Non Standardized Adoption Agreement (East West Bancorp Inc), Adoption Agreement (Safeguard Scientifics Inc Et Al)

ALLOCATIONS TO TERMINATED EMPLOYEES. (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) (b) The Employer will allocate Employer matching and other related contributions as indicated below to any Participant Employees who terminates terminate during the Plan Year without accruing the necessary Hours of Service if they terminate as a result of:: Matching Other

Appears in 1 contract

Samples: Nonstandardized Profit Sharing Plan and Trust/Custodial Account (Good Times Restaurants Inc)

ALLOCATIONS TO TERMINATED EMPLOYEES. (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) ) [X] (b) The Employer will allocate Employer matching and other related contributions as indicated below to any Participant Employees who terminates terminate during the Plan Year without accruing the necessary Hours of Service if they terminate as a result of:: Matching Other -------- -----

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Telecommunication Systems Inc /Fa/)

ALLOCATIONS TO TERMINATED EMPLOYEES. (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) ) [X] (b) The Employer will allocate Employer natching and other related contributions as indicated below to any Participant Employees who terminates terminate during the Plan Year without accruing the necessary Hours of Service if they terminate as a result of:

Appears in 1 contract

Samples: Adoption Agreement (Equivest Finance Inc)

ALLOCATIONS TO TERMINATED EMPLOYEES. (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) (b) The Employer will allocate Employer matching and other related contributions as indicated below to any Participant Employees who terminates terminate during the Plan Year without accruing the necessary Hours of Service if they terminate as a result of:: Matching Other -------- -----

Appears in 1 contract

Samples: Adoption Agreement (Nobility Homes Inc)

ALLOCATIONS TO TERMINATED EMPLOYEES. [X] (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) (b) The Employer will allocate Employer related contributions to any Participant who terminates during the Plan Year without accruing the necessary Hours of Service if they terminate as a result of:

Appears in 1 contract

Samples: Regional Prototype Cash or Deferred Profit Sharing Plan (Global Sports Inc)

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ALLOCATIONS TO TERMINATED EMPLOYEES. (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section Sections 401(a)(26) and 410(b). (These The requirements are effective for 1989 and subsequent Plan Years).) (b) The Employer will allocate Employer related contributions to any Participant Employees who terminates terminate during the Plan Year without accruing the necessary Hours of Service if they terminate as a result of:

Appears in 1 contract

Samples: Adoption Agreement (Safeguard Scientifics Inc Et Al)

ALLOCATIONS TO TERMINATED EMPLOYEES. [x] (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) (b) The Employer will allocate Employer matching and other related contributions as indicated below to any Participant Employees who terminates terminate during the Plan Year without accruing the necessary Hours of Service if they terminate as a result of:: MATCHING OTHER -------- -----

Appears in 1 contract

Samples: Adoption Agreement (Sano Corp)

ALLOCATIONS TO TERMINATED EMPLOYEES. [ ] (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These The requirements are effective for 1989 and subsequent Plan Years.) ) [X] (b) The Employer will allocate Employer related contributions to any Participant Employees who terminates terminate during the Plan Year without accruing the necessary Hours of Service if they terminate as a result of:: [X] (i)

Appears in 1 contract

Samples: Adoption Agreement (Professionals Insurance Co Management Group)

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