FORFEITURE ALLOCATION. Choose the method of allocating (dividing up) forfeitures of terminated non-vested participant balances. Option (a) allocates forfeitures as an extra discretionary contribution. Option (b) allocates forfeitures to reduce employer contributions. Option (c) allows you to allocate forfeitures to reduce the plan's administrative expense.
Appears in 12 contracts
Samples: Adoption Agreement (Invesco Multiple Asset Funds Inc), Adoption Agreement (Invesco Income Funds Inc), Adoption Agreement (Invesco Money Market Funds Inc)
FORFEITURE ALLOCATION. Choose the method of allocating (dividing up) forfeitures of terminated non-vested participant balances. Option (a) allocates forfeitures as an extra discretionary contributionto reduce employer contributions. Option (b) allocates forfeitures to reduce increase employer contributions. Option (c) allows you to allocate forfeitures to reduce the plan's administrative expenseallocations.
Appears in 8 contracts
Samples: Adoption Agreement (Invesco Growth Fund Inc /Co/), Adoption Agreement (Invesco Multiple Asset Funds Inc), Adoption Agreement (Invesco Specialty Funds Inc)
FORFEITURE ALLOCATION. Choose the method of allocating (dividing up) forfeitures of terminated non-vested participant balances. Option (a) allocates forfeitures as an extra discretionary contribution. Option (b) allocates forfeitures to reduce employer contributions. Option Options (c) allows and (d) allow you to allocate separately forfeitures from matching contributions. Select from options (e), (f) and (g) to reduce determine how to allocate forfeitures from high paid employee's matching account when the plan's administrative expensematching non-discrimination test is not satisfied.
Appears in 2 contracts
Samples: Adoption Agreement (Invesco International Funds Inc), Adoption Agreement (Invesco Value Trust)
FORFEITURE ALLOCATION. Choose the method of allocating (dividing up) forfeitures of terminated non-vested participant balances. Option (a) allocates forfeitures as an extra discretionary contributiona reduction in contributions. Option (b) allocates forfeitures to reduce as an additional employer contributions. Option (c) allows you to allocate forfeitures to reduce the plan's administrative expensecontribution.
Appears in 2 contracts
Samples: Adoption Agreement (Invesco Income Funds Inc), Adoption Agreement (Invesco International Funds Inc)
FORFEITURE ALLOCATION. Choose the method of allocating (dividing up) forfeitures of terminated non-vested participant balances. Option (a) allocates forfeitures as an extra discretionary contribution. Option (b) allocates forfeitures to reduce employer contributions. Option (c) allows you to allocate separately forfeitures to reduce after taking into account the plan's administrative expenseexpenses.
Appears in 2 contracts
Samples: Adoption Agreement (Invesco Growth Fund Inc /Co/), Adoption Agreement (Invesco International Funds Inc)
