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:

Appears in 3 contracts

Samples: 401(k) Plan and Trust Agreement (Leggett & Platt Inc), Employee Stock Savings Plan (La Gear Inc), Employee Stock Savings Plan (La Gear Inc)

AutoNDA by SimpleDocs

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: Plan and Trust Agreement (Roadway Services Inc), Financial Security Plan and Trust Agreement (Caliber System Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!