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Common use of Elective Contributions Clause in Contracts

Elective Contributions. The Elective Contributions by the Employer on behalf of an electing Employee shall be allocated to the Elective Contribution Account of such electing Employee as of each Valuation Date of the Plan Year to which the Elective Contribution pertains.

Appears in 3 contracts

Samples: Defined Contribution Plan and Trust (Capstone Pharmacy Services Inc), Adoption Agreement (Southbanc Shares Inc), Adoption Agreement (Jones Medical Industries Inc /De/)

Elective Contributions. The Elective Contributions by the Employer on behalf of an electing Employee Participant shall be allocated to the Elective Contribution Account of such electing Employee Participant as of each Valuation Accounting Date of the Plan Year to for which the Elective Contribution pertains.

Appears in 1 contract

Samples: Employee Stock Ownership Plan With 401(k) Provisions (Guaranty Bancshares Inc /Tx/)

Elective Contributions. The Elective Contributions by the Employer on behalf of an electing Employee shall be allocated to the Elective Contribution Account of such electing Employee as of each Valuation Date of the Plan Year to which the Elective Contribution pertainsEmployee.

Appears in 1 contract

Samples: Trust Agreement (Southwest Community Bancorp)