Individual method. The Employer will contribute: (i) % of each Participant’s Plan Compensation plus (ii) % of each Participant’s Excess Compensation. [Note: The percentage of Excess Compensation may not exceed the Maximum Disparity Rate. See Section 3.02(b)(2)(i)(C) of the Plan.]
Appears in 2 contracts
Samples: Purchase Plan Adoption Agreement, Purchase Plan Adoption Agreement
Individual method. The Employer will contribute: 🞎 (i) % of each Participant’s Plan Compensation plus 🞎 (ii) % of each Participant’s Excess Compensation. [Note: The percentage of Excess Compensation may not exceed the Maximum Disparity Rate. See Section 3.02(b)(2)(i)(C) of the Plan.]
Appears in 1 contract
Samples: Purchase Plan Adoption Agreement
Individual method. The Employer will contribute: ❒ (i) 6.3 % of each Participant’s Plan Compensation plus ❒ (ii) 12 % of each Participant’s Excess Compensation. [Note: The percentage of Excess Compensation may not exceed the Maximum Disparity Rate. See Section 3.02(b)(2)(i)(C) of the Plan.]
Appears in 1 contract
Samples: Volume Submitter Money Purchase Plan Adoption Agreement