Alternative Limitation. The HCE Group Average Percentage is limited by reference to the NHCE Group Average Percentage as follows: If the NHCE Group Average Percentage is: Then the Maximum HCE Group Average Percentage is: Less than 2% 2% to 8% More than 8% 2 times NHCE Group Average % NHCE Group Average % plus 2% NA - Basic Limitation applies Alternatively, the Company may elect to use the Plan Year's ADP for the NHCE Group for the Plan Year and/or the Plan Year's ACP for the NHCE Group for the Plan Year. If such election is made, such election may not be changed except as provided by the Code.
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Samples: Salaried Savings Plan and Trust Agreement (Longview Fibre Co)
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: Then the Maximum HCE Group Average Percentage is: ---------------------- ---------------------------- Less than 2% 2% to 8% More than 8% 2 times NHCE Group Average % 2% to 8% NHCE Group Average % plus 2% More than 8% NA - Basic Limitation applies Alternatively, the Company may elect to use the Plan Year's ADP for the NHCE Group for the Plan Year and/or the Plan Year's ACP for the NHCE Group for the Plan Year. If such election is made, such election may not be changed except as provided by the Code.
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Samples: 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc)
Alternative Limitation. The HCE Group Average Percentage is limited by reference to the NHCE Group Average Percentage as follows: If the NHCE Group Average Percentage is: Then the Maximum HCE Group Average Percentage is: Less than 2% 2% to 8% More than 8% 2 times NHCE Group Average % NHCE Group Average % plus 2% NA - Basic Limitation applies Alternatively, the Company may elect to use the Plan Year's ADP for the NHCE Group for the Plan Year and/or the Plan YearPlan's Years ACP for the NHCE Group for the Plan Year. If such election is made, such election may not be changed except as provided by the Code.
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Samples: 401(k) Plan and Trust Agreement (Longview Fibre Co)
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 Average Percentage isGROUP THEN THE MAXIMUM HCE AVERAGE PERCENTAGE IS: Then the Maximum HCE Group Average Percentage isGROUP AVERAGE PERCENTAGE IS: Less than 2% 2% to 8% More than 8% 2 times NHCE Group Average % 2% to 8% NHCE Group Average % plus 2% More than 8% NA - Basic Limitation applies Alternatively, the Company may elect to use the Plan Year's ADP for the NHCE Group for the Plan Year and/or the Plan Year's ACP for the NHCE Group for the Plan Year. If such election is made, such election may not be changed except as provided by the Code.
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Samples: Savings Plan and Trust Agreement (Riviana Foods Inc /De/)