Common use of Determining the Actual Contribution Percentages Clause in Contracts

Determining the Actual Contribution Percentages. Notwithstanding any other provision of this Section 3.11, effective for Plan Years beginning after December 31, 1996, the actual contribution percentage for the Plan Year for Highly Compensated Employees shall, in accordance with the Code and IRS Regulations, satisfy either (i) or (ii) as follows:

Appears in 11 contracts

Samples: Adoption Agreement (Newport Bancorp Inc), Adoption Agreement (Ottawa Savings Bancorp, Inc.), Trust Agreement (Northeast Community Bancorp Inc)

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Determining the Actual Contribution Percentages. Notwithstanding any other provision of this Section 3.113.12, effective for Plan Years beginning after December 31, 1996, the actual contribution percentage for the Plan Year for Highly Compensated Employees shall, in accordance with the Code and IRS Regulations, satisfy either (i) or (ii) as follows:

Appears in 3 contracts

Samples: Adoption Agreement (Sugar Creek Financial Corp./Md/), Adoption Agreement (Cape Bancorp, Inc.), Adoption Agreement (First Savings Financial Group Inc)

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