Common use of Compensation for the Plan Year of Family Members Clause in Contracts

Compensation for the Plan Year of Family Members. Family Members with respect to such Highly Compensated Employees shall be disregarded as separate employees in determining the Actual Deferral Percentage both for Eligible Participants who are Nonhighly Compensated Employees and for Eligible Participants who are Highly Compensated Employees.

Appears in 9 contracts

Samples: Adoption Agreement (MSC Industrial Direct Co Inc), Adoption Agreement (Sterling Financial Corp /Wa/), Adoption Agreement (Innerdyne Inc)

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Compensation for the Plan Year of Family Members. Family Members with respect to such Highly Compensated Employees shall be disregarded as separate employees in determining the Actual Deferral Contribution Percentage both for Eligible Participants who are Nonhighly Compensated Employees and for Eligible Participants who are Highly Compensated Employees.

Appears in 4 contracts

Samples: Adoption Agreement (Innerdyne Inc), Adoption Agreement (Sterling Financial Corp /Wa/), Adoption Agreement (Labor Ready Inc)

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Compensation for the Plan Year of Family Members. Family Members with respect to such of Highly Compensated Employees shall will be disregarded as separate employees Employees in determining the Actual Deferral Contribution Percentage both for Eligible Participants Employees who are Nonhighly Non-Highly Compensated Employees and for Eligible Participants Employees who are Highly Compensated Employees.

Appears in 1 contract

Samples: Union Bankshares LTD

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