Common use of Limiting Annual Additions Clause in Contracts

Limiting Annual Additions. If the sum of the defined benefit plan fraction and the defined contribution plan fraction shall exceed 1.0 in any Limitation Year for any Participant in this Plan for reasons other than described in (h) below, the Plan Administrator shall limit, to the extent necessary, the Annual Additions to such Participant’s Accounts for such Limitation Year. If, after limiting the Annual Additions to such Participant’s Accounts for the Limitation Year, the sum of the defined benefit plan fraction and the defined contribution plan fraction still exceed 1.0, the Plan Administrator shall then adjust the numerator of the defined benefit plan fraction so that the sum of both fractions shall not exceed 1.0 in any Limitation Year.

Limiting Annual Additions. If the sum of the defined benefit plan fraction and the defined contribution plan fraction shall exceed 1.0 in any Limitation Year for any Participant in this Plan for reasons other than described in (h) below, the Plan Administrator shall limit, to the extent necessary, the Annual Additions to such Participant’s 's Accounts for such Limitation Year. If, after limiting the Annual Additions to such Participant’s 's Accounts for the Limitation Year, the sum of the defined benefit plan fraction and the defined contribution plan fraction still exceed 1.0, the Plan Administrator shall then adjust the numerator of the defined benefit plan fraction so that the sum of both fractions shall not exceed 1.0 in any Limitation Year.