Common use of Date of tax-exempt Employer contributions Clause in Contracts

Date of tax-exempt Employer contributions. Notwithstanding anything in the Plan to the contrary, in the case of an Employer that is exempt from Federal income tax (including a governmental employer), Employer contributions are treated as credited to a participant’s account for a particular limitation year only if the contributions are actually made to the plan no later than the 15th day of the tenth calendar month following the end of the calendar year or fiscal year (as applicable, depending on the basis on which the employer keeps its books) with or within which the particular limitation year ends.

Appears in 3 contracts

Samples: Adoption Agreement (Knowles Corp), Prudential Adoption Agreement (Firstmerit Corp /Oh/), PPD Adoption Agreement (Simpson Manufacturing Co Inc /Ca/)

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Date of tax-exempt Employer contributions. Notwithstanding anything in the Plan to the contrary, in the case of an Employer that is exempt from Federal income tax (including a governmental employer), Employer contributions are treated as credited to a participant’s 's account for a particular limitation year only if the contributions are actually made to the plan no later than the 15th day of the tenth calendar month following the end of the calendar year or fiscal year (as applicable, depending on the basis on which the employer keeps its books) with or within which the particular limitation year ends.

Appears in 2 contracts

Samples: Adoption Agreement (American Physicians Service Group Inc), www.theentrustgroup.com

Date of tax-exempt Employer contributions. Notwithstanding anything in the Plan to the contrary, in the case of an Employer that is exempt from Federal income tax (including a governmental employer), Employer contributions are treated as credited to a participant’s 's account for a particular limitation year only if the contributions are actually made to the plan no later than the 15th day of the tenth calendar month following the end of the calendar year or fiscal year (as applicable, depending on the basis on which the employer keeps its books) with or within which the particular limitation year ends.. Nonstandardized 401(k) Plan

Appears in 1 contract

Samples: Participation Agreement (Nci Building Systems Inc)

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Date of tax-exempt Employer contributions. Notwithstanding anything in the Plan to the contrary, in the case of an Employer that is exempt from Federal income tax (including a governmental employer), Employer contributions Contributions are treated as credited to a participant’s Participant's account for a particular limitation year Limitation Year only if the contributions are actually made to the plan Plan no later than the 15th day of the tenth calendar month following the end of the calendar year or fiscal year (as applicable, depending on the basis on which the employer Employer keeps its books) with or within which the particular limitation year Limitation Year ends.

Appears in 1 contract

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

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