Common use of Employers Maintaining Defined Benefit Plans Clause in Contracts

Employers Maintaining Defined Benefit Plans. If the Employer maintains, or at any time maintained, a qualified defined benefit plan covering any Participant in this Plan, the sum of the Participant's Defined Benefit Plan Fraction and the Defined Contribution Plan Fraction will not exceed 1.0 in any Limitation Year. The Annual Addition which may be credited to the Participant's Account under this Plan for any Limitation Year will be limited in accordance with the provisions of Section 5.02, unless the Employer provides other limitations pursuant to the Adoption Agreement.

Appears in 3 contracts

Samples: Scudder Flexi Plan Agreement (Scudder Equity Trust), Scudder Flexi Plan Agreement (Scudder Portfolio Trust/), Scudder Flexi Plan Agreement (Scudder Investment Trust)

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Employers Maintaining Defined Benefit Plans. If the Employer maintains, or at any time maintained, a qualified defined benefit plan covering any Participant in this Plan, the sum of the Participant's Defined Benefit Plan Fraction and the Defined Contribution Plan Fraction will not exceed 1.0 l.0 in any Limitation Year. The Annual Addition which may be credited to the Participant's Account under this Plan for any Limitation Year will be limited in accordance with the provisions of Section 5.025.02 above, unless the Employer provides other limitations pursuant to the Adoption Agreement.

Appears in 2 contracts

Samples: Prototype 401(k) Plan (Associated Estates Realty Corp), Prototype 401(k) Plan (United States Lime & Minerals Inc)

Employers Maintaining Defined Benefit Plans. If the Employer ------------------------------------------- maintains, or at any time maintained, a qualified defined benefit plan covering any Participant in this Plan, the sum of the Participant's Defined Benefit Plan Fraction and the Defined Contribution Plan Fraction will not exceed 1.0 in any Limitation Year. The Annual Addition which may be credited to the Participant's Account under this Plan for any Limitation Year will be limited in accordance with the provisions of Section 5.025.02 above, unless the Employer provides other limitations pursuant to the Adoption Agreement.

Appears in 1 contract

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

Employers Maintaining Defined Benefit Plans. If the Employer maintains, or at any time maintained, a qualified defined benefit plan covering any Participant in this Plan, the sum of the Participant's Defined Benefit Plan Fraction and the Defined Contribution Plan Fraction will not exceed 1.0 in any Limitation Year. The Annual Addition which may be credited to the Participant's Account under this Plan for any Limitation Year will be limited in accordance with the provisions of Section 5.025:02 above, unless the Employer provides other limitations pursuant to the Adoption Agreement.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (United States Lime & Minerals Inc)

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Employers Maintaining Defined Benefit Plans. If the Employer maintains, or at any time maintained, a qualified defined benefit plan covering any Participant in this Plan, the sum of the Participant's Defined Benefit Plan Fraction and the Defined Contribution Plan Fraction will not exceed 1.0 in any Limitation Year. The Annual Addition which may be credited to the Participant's Account under this Plan for any Limitation Year will be limited in accordance with the provisions of Section 5.025.02 above, unless the Employer provides other limitations pursuant to the Adoption Agreement.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Tro Learning Inc)

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