Grouping Method Clause Samples

Grouping Method. Pursuant to Plan Section 4.3(b)(3)(vi), the classifications are (select a. or b.): a. [X] Each Participant constitutes a separate classification. b. [ ] Participants will be divided into the following classifications with the allocation methods indicated under each classification. Classification A will consist of The allocation method will be: [ ] pro rata based on Compensation Classification B will consist of The allocation method will be: [ ] pro rata based on Compensation Classification C will consist of The allocation method will be: [ ] pro rata based on Compensation Classification D will consist of The allocation method will be: [ ] pro rata based on Compensation Additional classifications: (specify the classifications and which of the above allocation methods (pro rata or per capita) will be used for each classification).
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Grouping Method. Pursuant to Plan Section 4.3(b)(3)(vi), the classifications are (select a. or b.): a. [ ] Each Participant constitutes a separate classification. b. [ ] Define each classification and specify the method of allocating the contribution among the members of each classification. (NOTE: The classifications specified below must be clearly defined in a manner that will not violate the definitely determinable allocation requirement. The design of the groups cannot be such that the only NHCEs benefiting under the Plan are those with the lowest amount of compensation and/or the shortest periods of service and who may represent the minimum number of these employees necessary to satisfy coverage under Code Section 410(b)): Classification A shall consist of: . The allocation method will be: [ ] pro-rata based on Compensation or [ ] equal dollar amounts (per capita). Classification B shall consist of: . The allocation method will be: [ ] pro-rata based on Compensation or [ ] equal dollar amounts (per capita). Classification C shall consist of: . The allocation method will be: [ ] pro-rata based on Compensation or [ ] equal dollar amounts (per capita). Classification D shall consist of: . The allocation method will be: [ ] pro-rata based on Compensation or [ ] equal dollar amounts (per capita). Additional Classifications: (specify the classifications and which of the above allocation methods (pro-rata or per capita) will be used for each classification).
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Grouping Method. Pursuant to Plan Section 4.3(b)(3)(vi), the classifications are (select a. or b.): a. [X] Each Participant constitutes a separate classification. b. [ ] Participants will be divided into the following classifications with the allocation methods indicated under each classification. Classification C will consist of The allocation method will be: [ ] pro rata based on Compensation [ ] equal dollar amounts (per capita) Classification D will consist of The allocation method will be: [ ] pro rata based on Compensation [ ] equal dollar amounts (per capita) Additional classifications: (specify the classifications and which of the above allocation methods (pro rata or per capita) will be used for each classification).
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Grouping Method. Pursuant to Plan Section 4.3(b)(3)(vi), the classifications are: a. [ ] Each Participant is in a separate classification. b. [ ] Define each classification and specify the method of allocation the contribution among the members of each group. (NOTE: The classifications specified below must be clearly defined in a manner that will not violate the definitely determinable allocation requirement. The design of the groups cannot be such that the only NHCEs benefiting under the Plan are those with the lowest amount of compensation and/or the shortest periods of service and who may represent the minimum number of these employees necessary to satisfy coverage under Code Section 410(b)): Classification A shall consist of: . The allocation method will be: [ ] pro-rata based on Compensation or [ ] equal dollar amounts (per capita). Classification B shall consist of: . The allocation method will be: [ ] pro-rata based on Compensation or [ ] equal dollar amounts (per capita). Classification C shall consist of: . The allocation method will be: [ ] pro-rata based on Compensation or [ ] equal dollar amounts (per capita). Classification D shall consist of: . The allocation method will be: [ ] pro-rata based on Compensation or [ ] equal dollar amounts (per capita). Additional Classifications: (specify the classifications and which of the above allocation methods (pro-rata or per capita) will be used for each classification).
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Grouping Method. The Principal Credit for the Principal Credit Period will equal the amount determined below (each group must be definitely determinable). (Selecting this option is inconsistent with having a safe harbor, i.e., nondiscrimination testing will generally be required 1. [ ] Group A: a. [ ] b. [ ] $ c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 2. [ ] Group B: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 3. [ ] Group C: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation c. [ ] The greater of % of "determination period" Compensation or $ DRAFT d. [ ] The lesser of % of "determination period" Compensation or $ 4. [ ] Group D: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 5. [ ] Group E: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 6. [ ] The Participant will be assigned to the classification based on the Participant's status as of the last day of the Plan Year, or if earlier, the date of termination of employment.
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Grouping Method. Pursuant to Plan Section 4.3(b)(3)(v), the classifications are (select a. or b.): a. [ ] Each Participant constitutes a separate classification. b. [ ] Participants will be divided into the following classifications with the allocation methods indicated under each classification. Classification A will consist of The allocation method will be: [ ] pro rata based on Compensation [ ] equal dollar amounts (per capita) Classification B will consist of The allocation method will be: [ ] pro rata based on Compensation [ ] equal dollar amounts (per capita) Classification C will consist of The allocation method will be: [ ] pro rata based on Compensation [ ] equal dollar amounts (per capita) Classification D will consist of The allocation method will be: [ ] pro rata based on Compensation [ ] equal dollar amounts (per capita) Additional classifications: (specify the classifications and which of the above allocation methods (pro rata or per capita) will be used for each classification).
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Grouping Method. Pursuant to Plan Section 4.3(b)(3)(vi), the classifications are (select a. or b.): a. [ ] Each Participant constitutes a separate classification. b. [ ] Participants will be divided into the following classifications with the same allocation ratio (the classifications should be such that resulting allocations are provided in a definite predetermined formula that complies with Regulation Section 1.401-1(b)(1)(ii)): Classification A shall consist of: . Classification B shall consist of: . Classification C shall consist of: . Classification D shall consist of: . Additional Classifications: (specify the classifications).
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Grouping Method. The Principal Credit for the Principal Credit Period will equal the amount determined below (each group must be definitely determinable):). (Selecting this option is inconsistent with having a safe harbor, i.e., nondiscrimination testing will generally be required.)
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Related to Grouping Method

  • Billing Method 2.6.1 To receive payment for services rendered pursuant to this contract the Contractor shall submit a fully completed invoice for work previously performed to: 2.6.2 At a minimum, the invoice shall detail the following information: 2.6.2.1 Unique invoice number; 2.6.2.2 Contractor’s name, address, and telephone number; 2.6.2.3 Date of invoice and/or billing period; 2.6.2.4 Applicable Contract No.;

  • Voting Method Unless otherwise provided by law, when a vote is taken upon any measure before the Board, with a quorum being present, a majority of the votes cast shall determine its outcome. A vote of "abstain" or "present," or a vote other than "yea" or "nay," or a failure to vote, is counted for the purposes of determining whether a quorum is present. A vote of "abstain" or "present," or a vote other than "yea" or "nay," or a failure to vote, however, is not counted in determining whether a measure has been passed by the Board, unless otherwise stated in law. The sequence for casting votes is rotated. On all questions involving the expenditure of money and on all questions involving the closing of a meeting to the public, a roll call vote shall be taken and entered in the Board's minutes. An individual Board member may request that a roll call vote be taken on any other matter; the President or other presiding officer may approve or deny the request but a denial is subject to being overturned by a majority vote of the members present. Any Board member may request that his or her vote be changed before the President announces the result. Any Board member may include a written explanation of his or her vote in the District file containing individual Board member statements; the explanation will not be part of the minutes. The Board Secretary shall keep written minutes of all Board meetings (whether open or closed), which shall be signed by the President and the Secretary. The minutes include:

  • Accounting Method For both financial and tax reporting purposes, the books and records of the Company shall be kept on the accrual method of accounting applied in a consistent manner and shall reflect all Company transactions and be appropriate and adequate for the Company’s business.

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Allocation Method (Choose one of a. or b.): a. [ ] All the same. Using the same allocation method as applies to the Signatory Employer under this Election 28. b. [ ] At least one different. Under the following allocation method(s): .