Common use of Compensation Dollar Limitation Clause in Contracts

Compensation Dollar Limitation. For any Plan Year beginning after December 31, 1988, the Advisory Committee must take into account only the first $200,000 (or beginning January 1, 1990, such larger amount as the Commissioner of Internal Revenue may prescribe) of any Participant's Compensation. For any Plan Year beginning prior to January 1, 1989, this $200,000 limitation (but not the family aggregation requirement described in the next paragraph) applies only if the Plan is top heavy for such Plan Year or operates as a deemed top heavy plan for such Plan Year.

Compensation Dollar Limitation. For any Plan Year beginning after December 31, 1988, the Advisory Administrative Committee must take into account only the first $200,000 (or beginning January 1, 1990, such larger amount as the Commissioner of Internal Revenue may prescribe) of any Participant's Compensation. For any Plan Year beginning prior to January 1, 1989, this $200,000 limitation (but not the family aggregation requirement described in the next paragraph) applies only if the Plan is top heavy for such Plan Year or operates as a deemed top heavy plan for such Plan Year.

Compensation Dollar Limitation. For any Plan Year beginning after December 31, 1988, the Advisory Committee must take into account only the first $200,000 (or beginning January 1, 1990, such larger amount as the Commissioner of Internal Revenue may prescribe) of any Participant's Compensation. For any Plan Year beginning prior to January 1, 1989, this $200,000 limitation (but not the family aggregation requirement described in the next paragraph) applies only if the Plan is top heavy for such Plan Year or operates as a deemed denied top heavy plan for such Plan Year.

Compensation Dollar Limitation. For any Plan Year beginning after December 31, 1988, the Advisory Committee must take into account only the first $200,000 200,000.00 (or beginning January 1, 1990, such larger or smaller amount as the Commissioner of Internal Revenue may prescribe) of any Participant's Compensation. For any Plan Year beginning prior to January 1, 1989, this $200,000 200,000.00 limitation (but not the family aggregation requirement described in the next paragraphrequirement) applies only if the Plan is top heavy for such Plan Year or operates as a deemed top heavy plan Year. For Plan Years beginning after December 31, 1993, the Advisory Committee will substitute $150,000.00 for such Plan Year$200,000.00 wherever the $200,000.00 amount appears in this Section 1.10.

Compensation Dollar Limitation. For any Plan Year beginning after December 31, 1988, the Advisory Committee must take into account only the first $200,000 (or beginning January 1, 19901,1990, such larger amount as the Commissioner of Internal Revenue may prescribe) of any Participant's Compensation. For any Plan Year beginning prior to January 1, 1989, this $200,000 limitation (but not the family aggregation requirement described in the next paragraph) applies only if the Plan is top heavy for such Plan Year or operates as a deemed top heavy plan for such Plan Year.