MATTERS RELATING TO INSURANCE A. If a life insurance policy is to be purchased for a Participant, the aggregate premium for certain life insurance for each Participant must be less than a certain percentage of the aggregate Employer Contributions and Forfeitures allocated to a Participant's Individual Account at any particular time as follows:
Appears in 7 contracts
Samples: Basic Plan Document (Peabody Energy Corp), Qualified Retirement Plan and Trust (Bradford Funds Inc), Qualified Retirement Plan and Trust (Meritage Hospitality Group Inc /Mi/)
MATTERS RELATING TO INSURANCE A. If a life insurance policy is to be purchased for a Participant, the aggregate premium for certain life insurance for each Participant must be less than a certain percentage Percentage of the aggregate Employer Contributions and Forfeitures allocated to a Participant's Individual Account at any particular time as follows:
Appears in 1 contract
Samples: Qualified Retirement Plan and Trust (Bradford Funds Inc)