Common use of First Plan Year Elections (ADP Clause in Contracts

First Plan Year Elections (ADP. For purposes of Section 3.4.2(B), the ADP for Non-Highly Compensated Employees for the first Plan Year the Plan permits any Participant to make Elective Deferral Contributions (if this Plan is not a successor plan) (select one): ¨ (1) shall be the Plan Year ADP. ¨ (2) shall be 3%. þ (3) is not applicable.

Appears in 2 contracts

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Colfax CORP), 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc)

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First Plan Year Elections (ADP. For purposes of Section 3.4.2(B3.4.2(8), the ADP for Non-Highly Compensated Employees for the first Plan Year the Plan permits any Participant to make Elective Deferral Contributions (if this Plan is not a successor plan) (select one): ¨ (1¨(1) shall be the Plan Year ADP. ¨ (2ADP ¨(2) shall be 3%. þ (3% þ(3) is not applicable.

Appears in 1 contract

Samples: Adoption Agreement (Books a Million Inc)

First Plan Year Elections (ADP. For purposes of Section 3.4.2(B), the ADP for Non-Highly Nonhighly Compensated Employees for the first Plan Year the Plan permits any Participant to make Elective Deferral Contributions (if this Plan is not a successor plan) (select one): ¨ ): o (1) shall be the Plan Year ADP. ¨ o (2) shall be 3%. þ (3) is not applicable.

Appears in 1 contract

Samples: Adoption Agreement (Aecom)

First Plan Year Elections (ADP. For purposes of Section 3.4.2(B), the ADP for Non-Highly Compensated Employees for the first Plan Year the Plan permits any Participant to make Elective Deferral Contributions (if this Plan is not a successor plan) (select one): ¨ ): (1) shall be the Plan Year ADP. ¨ (2) shall be 3%. þ (3) is not applicable.

Appears in 1 contract

Samples: Defined Contribution Plan and Trust (Triad Guaranty Inc)

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First Plan Year Elections (ADP. For purposes of Section 3.4.2(B), the ADP for Non-Highly Compensated Employees for the first Plan Year the Plan permits any Participant to make Elective Deferral Contributions (if this Plan is not a successor plan) (select one): ¨ ): o (1) shall be the Plan Year ADP. ¨ . o (2) shall be 3%. þ (3) is not applicable.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (SXC Health Solutions Corp.)

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