EMPLOYER CONTRIBUTIONS AND FORFEITURES. Part 1. Amount of Employer Contributions and Plan Allocations: Sections 3.01 through 3.06
EMPLOYER CONTRIBUTIONS AND FORFEITURES. 3.01 AMOUNT. ------
EMPLOYER CONTRIBUTIONS AND FORFEITURES. PART 1. AMOUNT OF EMPLOYER CONTRIBUTIONS AND PLAN ALLOCATIONS: SECTIONS 3.1 THROUGH 3.6
EMPLOYER CONTRIBUTIONS AND FORFEITURES. 3.01 AMOUNT. For each Plan Year, DST will contribute to the Trust an amount which DST may from time to time deem advisable. DST (or the Advisory Committee on behalf of DST) shall determine the extent to which such contributions are directed to the Separate Trust or the Master Trust. DST may not make a contribution to the Trust for any Plan Year to the extent the contribution would exceed the Participants' in the Plan "Maximum Permissible Amounts". DST contributes to this Plan on the condition its contribution is not due to a mistake of fact and the Internal Revenue Service will not disallow the deduction for its contribution. The Trustee, upon written request from DST, must return to DST the amount of DST's contribution made by DST by mistake of fact or the amount of DST's contribution disallowed as a deduction under Code ss.404. The Trustee will not return any portion of DST's contribution under the provisions of this paragraph more than one year after:
EMPLOYER CONTRIBUTIONS AND FORFEITURES. Amount - The employer must select a definite contribution formula under a money purchase pension plan. Option (a) is a nonintegrated formula, options (b) and (c) are integrated formulas.
EMPLOYER CONTRIBUTIONS AND FORFEITURES. In the event that Employer Contributions are invested in Employer Securities, as specified in the Adoption Agreement, a Participant may elect, in accordance with procedures established by the Plan Administrator, to transfer (and the Adoption Agreement shall specify if such transfer is irrevocable) a percentage of the amounts in his Employer Contributions that are invested in Employer Securities pursuant to the restrictions identified in the Adoption Agreement.
EMPLOYER CONTRIBUTIONS AND FORFEITURES. The Vested portion of a Participant's Individual Account derived from Employer Contributions and Forfeitures is determined by applying the vesting schedule selected in the Adoption Agreement (or the vesting schedule described in Section 4.01(B) of the Plan if the Plan is a Top-Heavy Plan). In the event that there is not a vesting schedule option provided in the Adoption Agreement, a Participant shall be fully Vested in his or her Individual Account at all times.
EMPLOYER CONTRIBUTIONS AND FORFEITURES. Part 1. Amount of Employer Contributions and Plan Allocations: Sections 3.01 through 3.06 3.01 AMOUNT. For each Plan Year, the Employer will contribute to the Trust the amount which the Employer may from time to time deem advisable. The Employer may contribute to this Plan irrespective of whether it has net profits. The Employer intends the Plan to be an employee stock ownership plan for all purposes of the Code. The Employer may not make a contribution to the Trust for any Plan Year to the extent the contribution would exceed the Participants' Maximum Permissible Amounts. See Part 2 of this Article III. The Employer contributes to this Plan on the condition its contribution is not due to a mistake of fact and the Revenue Service will not disallow the deduction for its contribution. The Trustee, upon written request from the Employer, must return to the Employer the amount of the Employer's contribution made by the Employer by mistake of fact or the amount of the Employer's contribution disallowed as a deduction under Code ss.404. The Trustee will not return any portion of the Employer's contribution under the provisions of this paragraph more than one year after:
EMPLOYER CONTRIBUTIONS AND FORFEITURES. 30 ARTICLE V TERMINATION OF SERVICE - PARTICIPANT VESTING..........................................59 ARTICLE VI TIME AND METHOD OF PAYMENT OF BENEFITS................................................65
EMPLOYER CONTRIBUTIONS AND FORFEITURES. Part 1 - Amount of Employer Contributions and Plan Allocations --------------------------------------------------------------
