Common use of Method of Allocation Clause in Contracts

Method of Allocation. Forfeitures allocated under (a)(3) will be allocated to each Benefiting Participant as follows: ¨ Pro-rata based on his or her Compensation for the Plan Year ¨ Pro-rata based on his or her Elective Deferrals for the Plan Year ¨ Pro-rata based on his or her Non-Safe Harbor Matching Contributions for the Plan Year ¨ Pro-rata based on his or her Non-Safe Harbor Matching Contribution Account balance

Appears in 3 contracts

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc), 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc), 401(k) Adoption Agreement (Pacific Capital Bancorp /Ca/)

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Method of Allocation. Forfeitures allocated under (a)(3) will be allocated to each Benefiting Participant as follows: ¨ o Pro-rata based on his or her Compensation for the Plan Year ¨ o Pro-rata based on his or her Elective Deferrals for the Plan Year ¨ o Pro-rata based on his or her Non-Safe Harbor Matching Contributions for the Plan Year ¨ o Pro-rata based on his or her Non-Safe Harbor Matching Contribution Account balance

Appears in 2 contracts

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Michaels Stores Inc), 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De)

Method of Allocation. Forfeitures allocated under (a)(3) will be allocated to each Benefiting Participant as follows: ¨ o Pro-rata based on his or her Compensation for the Plan Year ¨ o Pro-rata based on his or her Elective Deferrals for the Plan Year ¨ o Pro-rata based on his or her Non-Safe Harbor Matching Non-Elective Contributions for the Plan Year ¨ o Pro-rata based on his or her Non-Safe Harbor Matching Non-Elective Contribution Account balance

Appears in 2 contracts

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Michaels Stores Inc), 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De)

Method of Allocation. Forfeitures allocated under (a)(3) will be allocated to each Benefiting Participant as follows: ¨ Pro-rata based on his or her Compensation for the Plan Year ¨ Pro-rata based on his or her Elective Deferrals for the Plan Year ¨ Pro-rata based on his or her Non-Safe Harbor Matching Non-Elective Contributions for the Plan Year ¨ Pro-rata based on his or her Non-Safe Harbor Matching Non-Elective Contribution Account balance

Appears in 2 contracts

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc), 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)

Method of Allocation. Forfeitures allocated under (a)(3) will be allocated to each Benefiting Participant as follows: ¨ x Pro-rata based on his or her Compensation for the Plan Year ¨ Pro-rata based on his or her Elective Deferrals for the Plan Year ¨ Pro-rata based on his or her Non-Safe Harbor Matching Non-Elective Contributions for the Plan Year ¨ Pro-rata based on his or her Non-Safe Harbor Matching Non-Elective Contribution Account balance

Appears in 1 contract

Samples: 401(k) Adoption Agreement (Pacific Capital Bancorp /Ca/)

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Method of Allocation. Forfeitures allocated under (a)(3) will be allocated to each Benefiting Participant as follows: ¨ o Pro-rata based on his or her Compensation for the Plan Year ¨ o Pro-rata based on his or her Elective Deferrals for the Plan Year ¨ o Pro-rata based on his or her Non-Safe Harbor Matching Non-Elective Contributions for the Plan Year ¨ o Pro-rata based on his or her Non-Safe Harbor Matching Non-Elective Contribution Account balancebalance (may be discriminatory)

Appears in 1 contract

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De)

Method of Allocation. Forfeitures allocated under (a)(3) will be allocated to each Benefiting Participant as follows: ¨ Pro-rata based on his or her Compensation for the Plan Year ¨ Pro-rata based on his or her Elective Deferrals for the Plan Year ¨ Pro-rata based on his or her Non-Safe Harbor Matching Non-Elective Contributions for the Plan Year ¨ Pro-rata based on his or her Non-Safe Harbor Matching Non-Elective Contribution Account balancebalance (may be discriminatory)

Appears in 1 contract

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc)

Method of Allocation. Forfeitures allocated under (a)(3) will be allocated to each Benefiting Participant as follows: ¨ x Pro-rata based on his or her Compensation for the Plan Year ¨ Pro-rata based on his or her Elective Deferrals for the Plan Year ¨ Pro-rata based on his or her Non-Safe Harbor Matching Contributions for the Plan Year ¨ Pro-rata based on his or her Non-Safe Harbor Matching Contribution Account balance

Appears in 1 contract

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Western Digital Corp)

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