Bonus Option. x 1. Not applicable. The Plan’s definition of Compensation excludes bonuses from deferrable Compensation for both Elective Deferrals and ▇▇▇▇ Elective Deferrals. ¨ 2. Not applicable. Participants are not permitted to make a separate deferral election and the Participant’s deferral amount elected on their Salary Deferral Agreement will also apply to any bonus received by the Participant for any Plan Year.
Appears in 2 contracts
Sources: Defined Contribution Plan (ASB Bancorp Inc), Defined Contribution Plan (Fraternity Community Bancorp Inc)
Bonus Option. x 1. Not applicable. The Plan’s 's definition of Compensation excludes bonuses from deferrable Compensation for both Elective Deferrals and ▇▇▇▇ Elective Deferrals. ¨ D. 2. Not applicable. Participants are not permitted penmitted to make a separate deferral election and the Participant’s 's deferral amount elected on their Salary Deferral Agreement will also apply to any bonus received by the Participant for any Plan Year.
Appears in 1 contract
Sources: Adoption Agreement for Cash or Deferred Profit Sharing Plan (BBCN Bancorp Inc)
Bonus Option. x 1. Not applicable. The Plan’s definition of Compensation excludes bonuses from deferrable Compensation for both Elective Deferrals and ▇▇▇▇ Elective Deferrals. ¨ 2. Not applicable. Participants are not permitted to make a separate deferral election and the Participant’s deferral amount elected on their Salary Deferral Agreement will also apply to any bonus received by the Participant for any Plan Year.
Appears in 1 contract
Sources: Savings and Investment Plan Document (Sterling Chemicals Inc)
Bonus Option. x ¨ 1. Not applicable. The Plan’s definition of Compensation excludes bonuses from deferrable Compensation for both Elective Deferrals and ▇▇▇▇ Elective Deferrals. ¨ 2. Not applicable. Participants are not permitted to make a separate deferral election and the Participant’s deferral amount elected on their Salary Deferral Agreement will also apply to any bonus received by the Participant for any Plan Year.
Appears in 1 contract
Sources: Nonstandardized Adoption Agreement (United Community Bancorp)
Bonus Option. x o 1. Not applicable. The Plan’s definition of Compensation excludes bonuses from deferrable Compensation for both Elective Deferrals and ▇▇▇▇ Elective Deferrals. ¨ .
þ 2. Not applicable. Participants are not permitted to make a separate deferral election and the Participant’s deferral amount elected on their Salary Deferral Agreement will also apply to any bonus received by the Participant for any Plan Year.
Appears in 1 contract
Bonus Option. x [ ] 1. Not applicable. The Plan’s definition of Compensation excludes bonuses from deferrable Compensation for both Elective Deferrals and ▇▇▇▇ Elective Deferrals. ¨ [x] 2. Not applicable. Participants are not permitted to make a separate deferral election and the Participant’s deferral amount elected on their Salary Deferral Agreement will also apply to any bonus received by the Participant for any Plan Year.
Appears in 1 contract
Sources: Defined Contribution Plan (Old Dominion Freight Line Inc/Va)