Common use of Correcting a Multiple Plan Excess Clause in Contracts

Correcting a Multiple Plan Excess. If a Participant, whose Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to this Plan only after all possible reductions have been made to the other defined contribution plans.

Appears in 8 contracts

Samples: Plan and Trust Agreement (Timken Co), Plan and Trust Agreement (Southdown Inc), Nipsco Industries Inc

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Correcting a Multiple Plan Excess. If a Participant, whose Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to this the Plan only after all possible reductions have been made to the other defined contribution plans.

Appears in 7 contracts

Samples: Riviana Foods Inc /De/, Hanna M a Co/De, Gerber Scientific Inc

Correcting a Multiple Plan Excess. If a Participant, whose Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, including the Hourly Plan and/or the Salaried Plan, the excess shall be corrected by reducing the Annual Addition to this the Plan prior to reducing the Annual Addition to the Hourly Plan and/or the Salaried Plan and only after all possible reductions have been made to the other defined contribution plans.

Appears in 1 contract

Samples: Longview Fibre Co

Correcting a Multiple Plan Excess. If a Participant, Participant whose Account is credited with an excess Annual Addition, Addition received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to this Plan only after all possible reductions have been made to the other defined contribution plansPlan.

Appears in 1 contract

Samples: Plan and Trust Agreement (Leggett & Platt Inc)

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Correcting a Multiple Plan Excess. If a Participant, whose Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to this Plan only after all possible reductions have been made to the other defined contribution plans.. 13.6 "

Appears in 1 contract

Samples: Roadway Services Inc

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