Common use of Contribution Limit Clause in Contracts

Contribution Limit. A Participant's contribution to the Designated Xxxx XXX and to all other Xxxx IRAs for a Taxable Year may not exceed the lesser of the amount described in Section 3.12(C)(2) or the Participant's Compensation under Section 3.12(C)(4)(c). However, if (i) and/or (ii) below apply, the maximum (non-rollover) contribution that can be made to all the Participant's Xxxx IRAs (including to this Designated Xxxx XXX which must be a non-Rollover Contribution) for a Taxable Year is the smaller amount determined under (i) or (ii).

Appears in 1 contract

Samples: Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

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Contribution Limit. A Participant's ’s contribution to the Designated Xxxx XXX and to all other Xxxx IRAs for a Taxable Year may not exceed the lesser of the amount described in Section 3.12(C)(2) or the Participant's ’s Compensation under Section 3.12(C)(4)(c). However, if (i) and/or (ii) below apply, the maximum (non-rollover) contribution that can be made to all the Participant's ’s Xxxx IRAs (including to this Designated Xxxx XXX which must be a non-Rollover Contribution) for a Taxable Year is the smaller amount determined under (i) or (ii).

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Knowles Corp)

Contribution Limit. A Participant's contribution to the Designated Xxxx XXX and to all other Xxxx IRAs for a Taxable Year may not exceed the lesser of the amount described in Section 3.12(C)(2) or the Participant's Compensation under Section 3.12(C)(4)(c). However, if (i) and/or (ii) below apply, the maximum (non-rollovernon‑rollover) contribution that can be made to all the Participant's Xxxx IRAs (including to this Designated Xxxx XXX which must be a non-Rollover non‑Rollover Contribution) for a Taxable Year is the smaller amount determined under (i) or (ii).

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)

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Contribution Limit. A Participant's contribution to the Designated Xxxx Rxxx XXX and to all other Xxxx Rxxx IRAs for a Taxable Year may not exceed the lesser of the amount described in Section 3.12(C)(2) or the Participant's Compensation under Section 3.12(C)(4)(c). However, if (i) and/or (ii) below apply, the maximum (non-rollover) contribution that can be made to all the Participant's Xxxx Rxxx IRAs (including to this Designated Xxxx Rxxx XXX which must be a non-Rollover Contribution) for a Taxable Year is the smaller amount determined under (i) or (ii).

Appears in 1 contract

Samples: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp)

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