Common use of Defined Contribution Dollar Limitation Clause in Contracts

Defined Contribution Dollar Limitation. The "Defined Contribution Dollar Limitation" shall be the greater of: (i) $30,000; or (ii) one-fourth (1/4) of the defined benefit dollar limitation set forth in Code Section 415(b)(i) as in effect for the Limitation Year.

Appears in 3 contracts

Samples: 401(k) Plan Adoption Agreement (Tro Learning Inc), Prototype 401(k) Plan (United States Lime & Minerals Inc), 401(k) Plan Adoption Agreement (United States Lime & Minerals Inc)

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Defined Contribution Dollar Limitation. The "Defined Contribution -------------------------------------- Dollar Limitation" shall be the greater of: (i) $30,000; or (ii) one-fourth (1/4) of the defined benefit dollar limitation set forth in Code Section 415(b)(i) as in effect for the Limitation Year.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Chandler Insurance Co LTD)

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