EXCLUDED COMPENSATION Clause Samples

EXCLUDED COMPENSATION. Excluded Compensation means such Compensation as the Employer in its Adoption Agreement elects to exclude for purposes of this Section 1.11. Regardless of the definition of Compensation selected in the Adoption Agreement, the Plan Administrator may adopt a uniform policy for purposes of determining the amount of a Participant's elective deferrals of excluding Non‑cash Compensation. For purposes of this Section 1.11(G), Non‑cash Compensation means tips, fringe benefits, and other items of Compensation not regularly paid in cash or cash equivalents, or for which the Employer does not or may not have the ability to withhold Elective Deferrals in cash for the purpose of transmitting the Elective Deferrals to the Plan pursuant to the Participant's Deferral Election. Additionally, the Employer may, on a uniform and nondiscriminatory basis, provide different deferral elections for different items of Compensation (e.g., a separate deferral election for bonuses), and may exclude for purposes of calculating elective deferrals one or more items of irregular pay (e.g., car allowance).

EXCLUDED COMPENSATION. (1.11(G)). The following additional exclusions or other adjustments, if any, modify the definition(s) of Compensation under Elections 8 and 9

EXCLUDED COMPENSATION. (1.11(G)). Apply the following Compensation exclusions to Elections 9 and 10 (select one of (a), (b), or (c)):

EXCLUDED COMPENSATION. Excluded Compensation means such Compensation as the Employer in its Adoption Agreement elects to exclude for purposes of this Section 1.11.

EXCLUDED COMPENSATION. (1.11(G)). Apply the following additional exclusions or other adjustments to Compensation Elections under 8 and 9 (Choose (a), (b) or (c).): (a) [ ] No exclusions. Compensation as to all Contribution Types means Compensation as elected in Elections 8 and 9 (skip to Election 11). (b) [ ] Exclusions - same for all Contribution Types. The following exclusions apply to all Contribution Types (Choose one or more of (f) through (n). Choose column (1) for each option elected at (f) through (m).): (c) [ ] Exclusions - different conditions apply. The following exclusions apply for the designated Contribution Types (Choose one or more of (d) through (n) below. Choose Contribution Type as applicable.): [Note: For this Election 10, unless described otherwise in Election 10(n), Elective Deferrals includes Pre-Tax Deferrals and ▇▇▇▇ Deferrals; Matching includes all Matching Contributions; Nonelective includes all Nonelective Contributions; Employee/Mandatory includes Mandatory Employee Contributions and Employee (after-tax) Contributions.] (1) (2) (3) (4) (5) All Elective Employee/ Compensation Exclusions Contributions Deferrals Matching Nonelective Mandatory (d) [ ] No exclusions. No exclusion as to N/A [ ] [ ] [ ] [ ] the designated Contribution Type(s). (See Election 10(a)) (e) [ ] Elective Deferrals. See Section 1.24 N/A N/A [ ] [ ] [ ]

EXCLUDED COMPENSATION. All Contributions Matching Nonelective (1) None (2) Elective Deferrals (3) Overtime

EXCLUDED COMPENSATION. Excluded Compensation means such Compensation as the Employer in its Adoption Agreement elects to exclude for purposes of this Section 1.11. Regardless of the definition of Compensation selected in the Adoption Agreement, the Plan Administrator may adopt a uniform policy for purposes of determining the amount of a Participant’s Elective Deferrals of excluding non-cash Compensation. For purposes of this Section (G), non-cash Compensation means tips, fringe benefits, and other items of Compensation not regularly paid in cash or cash equivalents, or for which the Employer does not or may not have the ability to withhold Elective Deferrals in cash for the purpose of transmitting the Elective Deferrals to the Plan pursuant to the Participant’s Deferral Election. Unless otherwise specified, the Plan Administrator shall determine the amount of a Participant’s Compensation (for purposes of allocations), by disregarding Excluded Compensation.‌