CASH OR DEFERRED ARRANGEMENT Sample Clauses

CASH OR DEFERRED ARRANGEMENT. If the Employer elects a cash or deferred arrangement, a Participant may elect to make a cash election against his proportionate share of the Employer's Cash or Deferred Contribution, in accordance with the Employer's elections in Adoption Agreement Section 3.01. A Participant's proportionate share of the Employer's Cash or Deferred Contribution is the percentage of the total Cash or Deferred Contribution which bears the same ratio that the Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for the Plan Year. For purposes of determining each Participant's proportionate share of the Cash or Deferred Contribution, a Participant's Compensation is his Compensation as determined under Section 1.12 of the Plan (as modified by Section 3.06 for allocation purposes), excluding any effect the proportionate share may have on the Participant's Compensation for the Plan Year. The Advisory Committee will determine the proportionate share prior to the Employer's actual contribution to the Trust, to provide the Participants the opportunity to file cash elections. The Employer will pay directly to the Participant the portion of his proportionate share the Participant has elected to receive in cash.
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CASH OR DEFERRED ARRANGEMENT. If the Employer in its Adoption Agreement Section 3.02 elects a cash or deferred arrangement, a Participant may elect to make a cash election against his/her proportionate share of the Employer's cash or deferred contribution, in accordance with the Employer's Adoption Agreement elections. A Participant's proportionate share of the Employer's cash or deferred contribution is the percentage of the total cash or deferred contribution which bears the same ratio that the Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for the Plan Year. For purposes of determining each Participant's proportionate share of the cash or deferred contribution, a Participant's Compensation is his/her Compensation as determined under Section 1.07, excluding any effect the proportionate share may have on the Participant's Compensation for the Plan Year. The Plan Administrator will determine the proportionate share prior to the Employer's actual contribution to the Trust, to provide the Participants the opportunity to file cash elections. The Employer will pay directly to the Participant the portion of his/her proportionate share the Participant has elected to receive in cash.
CASH OR DEFERRED ARRANGEMENT. A. ____ The plan shall not include a Cash or Deferred Arrangement described in Section 401(k) of the Code (2.1). [If the above option is selected, do not complete the remaining questions of item VII.] X The plan shall include a Cash or Deferred Arrangement described in Section 401(k) of the Code. [If the above option is selected, please complete the remaining questions of item VII.]
CASH OR DEFERRED ARRANGEMENT. Each Employee except the following shall be eligible to participate in the 401(k) Cash or Deferred Arrangement, any Matching Contributions, any Qualified Matching Contributions or any Qualified Non-elective Contributions in accordance with Section 5 above. (Eligibility for participation in any Discretionary Profit Sharing Contributions shall be determined in Section 6.2 below).
CASH OR DEFERRED ARRANGEMENT. (The Plan Sponsor may choose to offer this provision in his Plan)
CASH OR DEFERRED ARRANGEMENT. If the Employer elects a ---------------------------- cash or deferred arrangement, a Participant may elect to make a cash election against his proportionate share of the Employer's Cash or Deferred Contribution, in accordance with the Employer's election in Adoption Agreement Section 4.02. A Participant's proportionate share of the Employer's Cash or Deferred Contribution is the percentage of the total Cash or Deferred Contribution which bears the same ratio that the Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for the Plan Year. For purposes of determining each Participant's proportionate share of the Cash or Deferred Contribution, a Participant's Compensation is his Compensation as determined under Section 1.11 of the Plan (as modified by Section 4.06 for allocation purposes), excluding any effect the proportionate share may have on the Participant's Compensation for the Plan Year. The Plan Administrator will determine the proportionate share prior to the Employer's actual contribution to the Trust, to provide the Participants the opportunity to file cash elections. That portion of the Participant's allocable share not subject to a Cash or Deferred election shall be the Employer's Nonelective Contribution and shall be allocated to the Participant's account pursuant to Section 4.04. The Employer will pay directly to the Participant the portion of his proportionate share the Participant has elected to receive in cash.
CASH OR DEFERRED ARRANGEMENT. [X] (a) The Employer elects to include a cash or deferred arrangement in accordance with Article 4 of the Plan.
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CASH OR DEFERRED ARRANGEMENT. (CODE SECTION 401(k)) ----------------------
CASH OR DEFERRED ARRANGEMENT. The Employer will contribute on behalf of each Participant the portion of the Participant's proportionate share of the cash or deferred contribution which he has not elected to receive in cash. See Section 14.02
CASH OR DEFERRED ARRANGEMENT. If the Employer has elected, in the Adoption Agreement, to include a Cash or Deferred Arrangement (CODA) as part of this Plan, then the following provisions shall apply. Only a profit-sharing plan can include a CODA.
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