Common use of FORFEITURE ALLOCATION Clause in Contracts

FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ ] (1) in which the forfeiture occurs.

Appears in 11 contracts

Samples: Adoption Agreement (Brenton Banks Inc), Adoption Agreement (Brenton Banks Inc), Adoption Agreement (Allied Capital Corp)

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FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. . [X] (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ [X] (1) in which the forfeiture occurs.

Appears in 6 contracts

Samples: Adoption Agreement (Fidelity National Corp /Ga/), Adoption Agreement (Hub Group Inc), Defined Contribution Master Plan and Trust Agreement (Checkfree Corp \Ga\)

FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. . [X] (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ ] (1) in which the forfeiture occurs. [X] (2) immediately following the Plan Year in which the forfeiture occurs.

Appears in 3 contracts

Samples: Adoption Agreement (Motor Cargo Industries Inc), Adoption Agreement (Motor Cargo Industries Inc), Adoption Agreement (Paychex Inc)

FORFEITURE ALLOCATION. Subject to any restoration allocation ---------------------- required under Sections Section s 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ ] (1) in which the forfeiture occurs.

Appears in 3 contracts

Samples: Adoption Agreement (Modine Manufacturing Co), Adoption Agreement (Modine Manufacturing Co), Adoption Agreement (Modine Manufacturing Co)

FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. . [n/a] (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ [n/a] (1) in which the forfeiture occurs. [n/a] (2) immediately following the Plan Year in which the forfeiture occurs.

Appears in 2 contracts

Samples: Retirement Savings Plan Adoption Agreement (Autobytel Com Inc), Retirement Savings Plan Adoption Agreement (Autobytel Com Inc)

FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: ([Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b))] (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. . [X] (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: ([Choose (1) or (2)) ] [ ] (1) in which the forfeiture occurs. [X] (2) immediately following the Plan Year in which the forfeiture occurs.

Appears in 1 contract

Samples: Adoption Agreement (House of Fabrics Inc/De/)

FORFEITURE ALLOCATION. Subject to any restoration allocation required --------------------- under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. . [ ] (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ ] (1) in which the forfeiture occurs.)

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (High Country Bancorp Inc)

FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ ] o (1) in which the forfeiture occurs.

Appears in 1 contract

Samples: Adoption Agreement (Sauer Danfoss Inc)

FORFEITURE ALLOCATION. Subject to any restoration allocation ---------------------- required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ ] (1) in which the forfeiture occurs.

Appears in 1 contract

Samples: Adoption Agreement (Ifb Holdings Inc)

FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b))) [x] (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ ] (1) in which the forfeiture occurs.

Appears in 1 contract

Samples: Adoption Agreement (Wicor Inc)

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FORFEITURE ALLOCATION. Subject to any restoration allocation required --------------------- under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are is optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective Employer contribution for that Plan Year. (b) To reduce the Employer matching contributions and nonelective contributions contribution for the Plan Year: (Choose (1) or (2)) [ ] (1) in which the forfeiture occurs.. [ ]

Appears in 1 contract

Samples: Adoption Agreement (Timberland Bancorp Inc)

FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. . [x] (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ ] (1) in which the forfeiture occurs. [x] (2) immediately following the Plan Year in which the forfeiture occurs.

Appears in 1 contract

Samples: Adoption Agreement (American Stone Industries Inc)

FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); ): (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ ] (1) in which the forfeiture occurs.

Appears in 1 contract

Samples: Adoption Agreement (Transcrypt International Inc)

FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b))) /x/ (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. . / / (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ ] / / (1) in which the forfeiture occurs.. / / (2) immediately following the Plan Year in which the forfeiture occurs. /x/

Appears in 1 contract

Samples: Adoption Agreement (Direct Focus Inc)

FORFEITURE ALLOCATION. Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b)) (a) As an Employer nonelective contribution for the Plan Year in which the forfeiture occurs, as if the Participant forfeiture were an additional nonelective contribution for that Plan Year. . [ X ] (b) To reduce the Employer matching contributions and nonelective contributions for the Plan Year: (Choose (1) or (2)) [ X ] (1) in which the forfeiture occurs.

Appears in 1 contract

Samples: Adoption Agreement (Resortquest International Inc)

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