Common use of Gap Period Clause in Contracts

Gap Period. Gap Period means the period commencing on the first day of the next Plan Year following the Testing Year and ending on the date the Plan Administrator distributes Excess Contributions or Excess Aggregate Contributions for the Testing Year. As to Excess Deferrals, Gap Period means the period commencing on the first day of the next Taxable Year following the Taxable Year in which the Participant made the Excess Deferrals and ending on the date the Plan Administrator distributes the Excess Deferrals.

Appears in 4 contracts

Samples: Plan and Trust Agreement (Bob Evans Farms Inc), Adoption Agreement (Knowles Corp), Participation Agreement (Nci Building Systems Inc)

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