Common use of METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION Clause in Contracts

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit the annual nonelective contributions (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the method selected under this Part II. (Choose an allocation method under (e), (f), (g) or (h); (i) is mandatory if the Employer elects (f), (g) or (h))

Appears in 4 contracts

Samples: 401(k) Plan (Firstbank Corp/Id), Adoption Agreement (American Stone Industries Inc), Adoption Agreement (Ifb Holdings Inc)

AutoNDA by SimpleDocs

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit the each annual nonelective contributions contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Part II. (Choose an allocation method under (e), (f), (g) or (h); (i) is mandatory if the Employer elects (f), (g) or (h))

Appears in 2 contracts

Samples: Adoption Agreement (Invesco Emerging Opportunity Funds Inc), Adoption Agreement (Invesco International Funds Inc)

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit the annual nonelective contributions (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the method selected under this Part II. (Choose an allocation method under CHOOSE AN ALLOCATION METHOD UNDER (e), (f), (g) or OR (h); (i) is mandatory if the Employer elects IS MANDATORY IF THE EMPLOYER ELECTS (f), (g) or OR (h))

Appears in 1 contract

Samples: Adoption Agreement (Billing Concepts Corp)

AutoNDA by SimpleDocs

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit the annual nonelective contributions (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the method selected under this Part II. (Choose an allocation method under CHOOSE AN ALLOCATION METHOD UNDER (eE), (fF), (gG) or OR (hH); (iI) is mandatory if the Employer elects IS MANDATORY IF THE EMPLOYER ELECTS (fF), (gG) or OR (hH))

Appears in 1 contract

Samples: Adoption Agreement (Ats Money Systems Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!