Correction of Error. The Administrative Committee may adjust the Accounts of any or all Participants and Beneficiaries in order to correct errors or rectify omissions, in such manner as such Committee believes will best result in the efficient administration of the Plan on an equitable and nondiscriminatory basis.
Appears in 2 contracts
Samples: Revlon Employees (Revlon Inc /De/), Cosmetic Center Inc
Correction of Error. The Administrative Committee may adjust the Accounts of any or all Participants and Members or Beneficiaries in order to correct errors or rectify omissions, including, without limitation, any allocation to a Member’s Elective Account made in excess of the Elective Deferral Limit, in such manner as such Committee he believes will best result in the efficient equitable and nondiscriminatory administration of the Plan on an equitable and nondiscriminatory basisPlan.
Appears in 1 contract
Samples: Arrow Electronics Inc
Correction of Error. The Administrative Committee may adjust the Accounts of any or all Participants and Members or Beneficiaries in order to correct errors or rectify omissions, including, without limitation, any allocation to a Member's Elective Account made in excess of the Elective Deferral Limit, in such manner as such Committee he believes will best result in the efficient equitable and nondiscriminatory administration of the Plan on an equitable and nondiscriminatory basisPlan.
Appears in 1 contract
Samples: Savings Plan (Arrow Electronics Inc)