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 10 contracts
Samples: Defined Contribution Plan (Georgetown Bancorp, Inc.), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Adoption Agreement (Atlas America 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 $80,00095,000, 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 8 contracts
Samples: Adoption Agreement (Connecticut Water Service Inc / Ct), Nonstandardized Adoption Agreement (1st Constitution Bancorp), Adoption Agreement (Connecticut Water Service Inc / Ct)
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.
D. “Hour Of Service”
¨ 1. Not applicable. For all purposes under the Plan, a Year of Service (Period of Service) is defined as Elapsed Time.
Appears in 3 contracts
Samples: Defined Contribution Plan (Chicopee Bancorp, Inc.), Defined Contribution Plan (United Community Bancorp), Nonstandardized Adoption Agreement (Legacy 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: Nonstandardized Integrated Adoption Agreement (Danvers 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 $80,00095,000, 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
D. “Hours Of Service”
¨ 1. Not applicable. A Year of Service (Period of Service) is defined using the Elapsed Time method.
Appears in 1 contract
Samples: Defined Contribution Plan (Fraternity Community 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 $80,00095,000, 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
D. “Hours Of Service”
¨ 1. Not applicable. A Year of Service (Period of Service) is defined using the Elapsed Time method.
Appears in 1 contract
