Common use of Limitation Year Clause in Contracts

Limitation Year. A "Limitation Year" is the Plan Year or any other 12-consecutive-month period specified by the Employer in the Adoption Agreement. All qualified plans maintained by the Employer must use the same Limitation Year. If the Limitation Year is amended to a different 12-consecutive-month period, the new Limitation Year must begin on a date within the Limitation Year in which the amendment is made.

Appears in 3 contracts

Samples: Scudder Flexi Plan Agreement (Scudder Equity Trust), Scudder Flexi Plan Agreement (Scudder Investment Trust), Scudder Flexi Plan Agreement (Scudder Portfolio Trust/)

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Limitation Year. A "The term “Limitation Year" is ” means the Plan Year or any other 12-consecutive-consecutive month period specified by the Employer elected in the Adoption Agreement. All qualified plans maintained by the Employer must use the same Limitation Year. If the Limitation Year is amended to a different 12-consecutive-consecutive month period, then the new Limitation Year must begin on a date within the Limitation Year in which the amendment is made.

Appears in 2 contracts

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De), 401(k) Non Standardized Prototype Adoption Agreement (Michaels Stores Inc)

Limitation Year. A "Limitation Year" is ” means a calendar year, or the Plan Year or any other 12-consecutive-month period specified of 12 consecutive months elected by the Employer in the Adoption Agreement. All qualified plans maintained by the Employer must use the same Limitation Year. If the Limitation Year is amended to a different 12-consecutive-month periodperiod of 12 consecutive months, the new Limitation Year must begin on a date within the Limitation Year in which the amendment amend- ment is made.

Appears in 1 contract

Samples: Retirement Plan Agreement

Limitation Year. A "Limitation Year" is means a calendar year, or the Plan Year or any other 12-consecutive-consecutive month period specified elected by the Employer in the Adoption Agreement. All qualified plans maintained by the Employer must use the same Limitation Year. If the Limitation Year is amended to a different 12-consecutive-consecutive month period, the new Limitation Year must begin on a date within the Limitation Year in which the amendment is made.

Appears in 1 contract

Samples: Adoption Agreement (Meridian Bioscience Inc)

Limitation Year. A "Limitation Year" is year means a calendar year, or the Plan Year or any other 12-consecutive-consecutive month period specified elected by the Employer in Section II.B.1 of the Adoption Agreement. All qualified plans maintained by the Employer must use the same Limitation Year. If the Limitation Year is amended to a different 12-consecutive-consecutive month period, the new Limitation Year must begin on a date within the Limitation Year in on which the amendment is made.

Appears in 1 contract

Samples: Adoption Agreement (Environmental Power Corp)

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Limitation Year. A "Limitation Year" is the Plan Year or any --------------- other 12-consecutive-month period specified by the Employer in the Adoption Agreement. All qualified plans maintained by the Employer must use the same Limitation Year. If the Limitation Year is amended to a different 12-consecutive-month period, the new Limitation Year must begin on a date within the Limitation Year in which the amendment is made.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Chandler Insurance Co LTD)

Limitation Year. A "Limitation Year" is ” means a calendar year, or the Plan Year or any other 12-consecutive-month period specified of 12 consecutive months elected by the Employer in the Adoption Agreement. All qualified plans maintained by the Employer must use the same Limitation Year. If the Limitation Year is amended to a different 12-consecutive-month periodperiod of 12 consecutive months, the new Limitation Year must begin on a date within the Limitation Year in which the amendment is made.

Appears in 1 contract

Samples: Retirement Plan Agreement

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