Limitations Based upon Deductibility and the Maximum Allocation Permitted to a Participant’s Account. Notwithstanding any other provision of the Plan, no Employer shall make any contribution that would be a nondeductible contribution within the meaning of section 4972 of the Code or that would cause the limitation on allocations to each Participant’s Account under section 415 of the Code and Section A.4.1 to be exceeded.
Appears in 7 contracts
Samples: Furmanite Corp, Quanex Corporation Employee Savings Plan (Quanex Corp), Quanex Corporation Employees (Quanex Corp)
