Common use of CURRENT ACCRUED BENEFIT Clause in Contracts

CURRENT ACCRUED BENEFIT. If the Participant accrued benefits in one or more defined benefit plans maintained by the Employer which were in existence on May 6, 1986, the dollar limitation used in the denominator of this fraction will not be less than the Participant's Current Accrued Benefit. A

Appears in 47 contracts

Samples: Plan and Trust Agreement (Horizon Health Corp /De/), Defined Contribution Maser Plan and Trust Agreement (Washington Homes Inc), Trust Agreement (High Country Bancorp Inc)

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CURRENT ACCRUED BENEFIT. If the Participant accrued benefits in one or more defined benefit plans maintained by the an Employer which were in existence on May 65, 1986, the dollar limitation used in the denominator of this fraction will not be less than the Participant's Current Accrued Benefit. A

Appears in 2 contracts

Samples: The Employee Stock Ownership Plan and Trust Agreement (DST Systems Inc), The Employee Stock Ownership Plan and Trust Agreement (DST Systems Inc)

CURRENT ACCRUED BENEFIT. If the Participant accrued benefits in one or more defined benefit plans maintained by the Employer which were in existence on May 65, 1986, the dollar limitation used in the denominator of this fraction will not be less than the Participant's Current Accrued Benefit. A

Appears in 2 contracts

Samples: Adoption Agreement (Reptron Electronics Inc), Liberty Bancshares Inc /Mo

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CURRENT ACCRUED BENEFIT. If the Participant accrued benefits in one or more defined benefit plans maintained by the Employer which were in existence on May 6, 1986l986, the dollar limitation used in the denominator of this fraction will not be less than the Participant's Current Accrued Benefit. A

Appears in 1 contract

Samples: Adoption Agreement (Motor Cargo Industries Inc)

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