Common use of ALLOCATIONS TO TERMINATED EMPLOYEES Clause in Contracts

ALLOCATIONS TO TERMINATED EMPLOYEES. (a) For Plan Years beginning prior to 1990: (i) For Plan Years beginning prior to 1990, the Employer will not allocate Employer related contributions to any Participant who terminates employment during the Plan Year. (ii) The Employer will allocate Employer related contributions to Employees who terminate during the Plan Year as a result of:

Appears in 2 contracts

Samples: Adoption Agreement (Century Bancorp Inc), Adoption Agreement (Peoples Sidney Financial Corp)

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ALLOCATIONS TO TERMINATED EMPLOYEES. (a) For Plan Years beginning prior to 1990: (i) For Plan Years beginning prior to 1990, the Employer will not allocate Employer related contributions to any Participant who terminates employment during the Plan Year.. Prototype Cash or Deferred Profit- Sharing Plan #001 (ii) The Employer will allocate Employer related contributions to Employees who terminate during the Plan Year as a result of:

Appears in 1 contract

Samples: Adoption Agreement (Equivest Finance Inc)

ALLOCATIONS TO TERMINATED EMPLOYEES. [PARAGRAPH 5.3] (a) For Plan Years beginning prior to 1990: (i) For Plan Years beginning prior to 1990, the Employer will not allocate Employer related contributions to any Participant who terminates employment during the Plan Year. (ii) The Employer will allocate Employer related contributions to Employees who terminate during the Plan Year as a result of:

Appears in 1 contract

Samples: Adoption Agreement (Franklin Financial Corp /Tn/)

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ALLOCATIONS TO TERMINATED EMPLOYEES. (a) For Plan Years beginning prior to 1990: (i) For Plan Years beginning prior to 1990, the Employer will not allocate Employer related contributions to any Participant who terminates employment during the Plan Year. (ii) The Employer will allocate Employer related contributions to Employees who terminate during the Plan Year as a result of:

Appears in 1 contract

Samples: Adoption Agreement (Vs Holdings Inc)

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