Common use of Basic Limitations Clause in Contracts

Basic Limitations. Notwithstanding any other provision of this Plan, the maximum Annual Addition during any Plan Year for any Participant under this Plan and under any other qualified defined contribution plans maintained by the Companies shall in no event exceed the lesser of:

Appears in 7 contracts

Samples: Employee Stock Ownership Plan and Trust Agreement (Union Community Bancorp), Employee Stock Ownership Plan and Trust Agreement (Union Community Bancorp), Employee Stock Ownership Plan and Trust Agreement (Union Community Bancorp)

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Basic Limitations. Notwithstanding any other provision of this PlanPlan but subject to the adjustments hereinafter set forth, the maximum Annual Addition during any Plan Year for any Participant under this Plan and under any other qualified defined contribution plans maintained by the Companies Company shall in no event exceed the lesser of:

Appears in 1 contract

Samples: Employee Stock Ownership Plan and Trust Agreement (Third Century Bancorp)

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