Common use of Alternative Limitation Clause in Contracts

Alternative Limitation. The HCE Group Average Percentage is limited by reference to the NHCE Group Average Percentage as follows: If the NHCE Group Then the Maximum HCE Average Percentage is: Group Average Percentage is: ---------------------- ---------------------------- Less than 2% 2 times NHCE Group Average % 2% to 8% NHCE Group Average % plus 2% More than 8% NA - Basic Limitation applies

Appears in 2 contracts

Samples: Retirement & Savings Plan (Bank Jos a Clothiers Inc /De/), Employee Savings Plan Agreement (Nipsco Industries Inc)

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Alternative Limitation. The HCE Group Average Percentage is limited by reference to the NHCE Group Average Percentage as follows: If the IF THE NHCE Group Then the Maximum GROUP THEN THE MAXIMUM HCE Average Percentage isAVERAGE PERCENTAGE IS: Group Average Percentage isGROUP AVERAGE PERCENTAGE IS: ---------------------- ---------------------------- ----------------------- ------------------------------ Less than 2% 2 times NHCE Group Average % 2% to 8% NHCE Group Average % plus 2% More than 8% NA - Basic Limitation applies

Appears in 1 contract

Samples: Retirement Savings Plan and Trust Agreement (Southdown Inc)

Alternative Limitation. The HCE Group Average Percentage is limited by reference to the NHCE Group Average Percentage as follows: If the IF THE NHCE Group Then the Maximum GROUP THEN THE MAXIMUM HCE Average Percentage isAVERAGE PERCENTAGE IS: Group Average Percentage isGROUP AVERAGE PERCENTAGE IS: ---------------------- ---------------------------- Less than 2% 2 times NHCE Group Average % 2% to 8% NHCE Group Average % plus 2% More than 8% NA - Basic Limitation applies

Appears in 1 contract

Samples: Retirement Savings Plan and Trust Agreement (Spieker Properties Inc)

Alternative Limitation. The HCE Group Average Percentage is limited by reference to the NHCE Group Average Percentage as follows: If the IF THE NHCE Group Then the Maximum GROUP THEN THE MAXIMUM HCE Average Percentage isAVERAGE PERCENTAGE IS: Group Average Percentage isGROUP AVERAGE PERCENTAGE IS: ---------------------- ---------------------------- --------------------- ----------------------------- Less than 2% 2 times NHCE Group Average % 2% to 8% NHCE Group Average % plus 2% More than 8% NA - Basic Limitation applies

Appears in 1 contract

Samples: Employees' Savings Plan and Trust Agreement (Timken Co)

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Alternative Limitation. The HCE Group Average Percentage is limited by reference to the NHCE Group Average Percentage as follows: If the NHCE Group Then the Maximum HCE Average Percentage is: Group Average Percentage is: ---------------------- ---------------------------- --------------------------- Less than 2% 2 times NHCE Group Average % 2% to 8% NHCE Group Average % plus 2% More than 8% NA - Basic Limitation applies

Appears in 1 contract

Samples: Savings Plan and Trust Agreement (Nipsco Industries Inc)

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