Common use of Mandatory Contributions Clause in Contracts

Mandatory Contributions. Any Participant nondeductible contributions eligible for matching contributions are mandatory contributions. The Advisory Committee will maintain a separate accounting, pursuant to Section 4.06 of the Plan, to reflect the Participant's Accrued Benefit derived from his mandatory contributions. The Employer, under Adoption Agreement Section 4.05, may prescribe special distribution restrictions which will apply to the Mandatory Contributions Account prior to the Participant's Separation from Service. Following his Separation from Service, the general distribution provisions of Article VI apply to the distribution of the Participant's Mandatory Contributions Account.

Appears in 40 contracts

Samples: Direct Focus Inc, Contribution Master Plan and Trust Agreement (Modine Manufacturing Co), Adoption Agreement (Motor Cargo Industries Inc)

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Mandatory Contributions. Any Participant nondeductible voluntary contributions eligible for matching contributions are arc mandatory contributions. The Advisory Administrative Committee will maintain a separate accounting, pursuant to Section 4.06 of the Plan, to reflect the Participant's Accrued Benefit derived from his mandatory contributions. The Employer, under Adoption Agreement Section 4.05, may prescribe special distribution restrictions which will apply to the Mandatory Contributions Account prior to the Participant's Separation from Service. Following his Separation from Service, the general distribution provisions of Article VI apply to the distribution of the Participantparticipant's Mandatory Contributions Account.

Appears in 2 contracts

Samples: Summit Care Corp, Summit Care Corp

Mandatory Contributions. Any Participant nondeductible voluntary contributions eligible for matching contributions are mandatory contributions. The Advisory Administrative Committee will maintain a separate accounting, pursuant to Section 4.06 of the Plan, to reflect the Participant's Accrued Benefit derived from his mandatory contributions. The Employer, under Adoption Agreement Section 4.05, may prescribe special distribution restrictions which will apply to the Mandatory Contributions Account prior to the Participant's Separation from Service. Following his Separation from Service, the general distribution provisions of Article VI apply to the distribution of the Participant's Mandatory Contributions Account.

Appears in 2 contracts

Samples: Conagra Inc /De/, Goodmark Foods Inc

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Mandatory Contributions. Any Participant nondeductible contributions eligible for matching contributions are mandatory contributions. The Advisory Committee will maintain a separate accounting, pursuant to Section 4.06 of the Plan, Plan to reflect the Participant's Accrued Benefit derived from his mandatory contributions. The Employer, under Adoption Agreement Section 4.05, may prescribe special distribution restrictions which will apply to the Mandatory Contributions Account prior to the Participant's Separation from Service. Following his Separation from Service, Service the general distribution provisions of Article VI apply to the distribution of the Participant's Mandatory Contributions Account.

Appears in 1 contract

Samples: Timberland Bancorp Inc

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