Compensation Limits. With respect to compensation as defined in this Plan, for any Top Heavy Plan year, compensation in excess of two hundred thousand dollars ($200,000.00), or such other amount as the Secretary of the Treasury may designate, shall be disregarded. Beginning January 1, 1989, compensation to be dis-regarded shall be the amount stated in Paragraph 3.2. Furthermore, for the purposes of this ARTICLE XVI, compensation shall be as defined in Paragraph 3.2.
Appears in 2 contracts
Samples: Savings and Profit Sharing Plan (Kansas City Life Insurance Co), Savings and Profit Sharing Plan (Kansas City Life Insurance Co)
Compensation Limits. With respect to compensation as defined in this Plan, for any Top Heavy Plan year, compensation in excess of two hundred thousand dollars ($200,000.00), or such other amount as the Secretary of the Treasury may designate, shall be disregarded. Beginning January 1, 1989, compensation to be dis-regarded disregarded shall be the amount stated in Paragraph 3.2. Furthermore, for the purposes of this ARTICLE XVI, compensation shall be as defined in Paragraph 3.2.
Appears in 1 contract
Samples: Savings and Profit Sharing Plan Amendment (Kansas City Life Insurance Co)
Compensation Limits. With respect to compensation as defined in this Plan, for any Top Heavy Plan year, compensation in excess of two hundred thousand dollars ($200,000.00), or such other amount as the Secretary of the Treasury may designate, shall be disregarded. Beginning January 1, 1989, compensation to be dis-dis- regarded shall be the amount stated in Paragraph 3.2. Furthermore, for the purposes of this ARTICLE XVI, compensation shall be as defined in Paragraph 3.2.
Appears in 1 contract
Samples: Savings and Profit Sharing Plan (Kansas City Life Insurance Co)
