Common use of Calendar Year Data Election Clause in Contracts

Calendar Year Data Election. If the Plan Year is not the calendar year, the prior year computation period for purposes of determining if an Employee earned more than $80,000, as indexed, is the calendar year beginning in the prior Plan Year. This election is applicable for the Plan Year in which this Plan is effective.

Appears in 13 contracts

Samples: Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.), Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.), Prototype Defined Contribution Plan (United Community Bancorp)

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Calendar Year Data Election. If the Plan Year is not the calendar year, the prior year computation period for purposes of determining if an Employee earned more than $80,00095,000, as indexed, is the calendar year beginning in the prior Plan Year. This election is applicable for the Plan Year in which this Plan is effective.

Appears in 10 contracts

Samples: Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct), Nonstandardized Adoption Agreement (First Northwest Bancorp), Nonstandardized Adoption Agreement (1st Constitution Bancorp)

Calendar Year Data Election. If the Plan Year is not the calendar year, the prior year computation period for purposes of determining if an Employee earned more than $80,00095,000, as indexed, is the calendar year beginning in the prior Plan Year. This election is applicable for the Plan Year in which this Plan is effective.. DE8 4 401(k) NS AA #010

Appears in 1 contract

Samples: ASB Bancorp Inc

Calendar Year Data Election. If the Plan Year is not the calendar year, the prior year computation period for purposes of determining if an Employee earned more than $80,000, as indexed, is the calendar year beginning in the prior Plan Year. This election is applicable for the Plan Year in which this Plan is effective.

Appears in 1 contract

Samples: Danvers Bancorp, Inc.

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Calendar Year Data Election. If the Plan Year is not the calendar year, the prior year computation period for purposes of determining if an Employee earned more than $80,00095,000, as indexed, is the calendar year beginning in the prior Plan Year. This election is applicable for the Plan Year in which this Plan is effective.. DE3 4 401(k) NS AA #010

Appears in 1 contract

Samples: Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc)

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