Common use of Minimum Benefit Clause in Contracts

Minimum Benefit. If the Employer has adopted Sponsor's paired defined contribution plan number 01001, 01003, 01004, 01005 and/or 01006 in addition to this Plan and the definition of "Eligible Employee" in all paired plans is identical, then Non-Key Employees who are Participants in this Plan shall receive the minimum Top Heavy benefit accrued under this Plan and shall receive no minimum allocation under the paired defined contribution plan or plans. If a Participant in this Plan who is a Non-Key Employee is covered under another qualified plan maintained by the Employer, other than a paired plan of the Sponsor, the minimum top heavy allocation or benefit required under section 416 of the Code shall be provided to such Non-Key Employee under:

Minimum Benefit. If the Employer has adopted Sponsor's paired defined contribution plan number 01001, 01003, 01004, 01005 and/or 01006 in addition to this Plan and the definition of "Eligible Employee" in all paired plans is identical, then Non-Key Employees who are Participants in this Plan shall receive the minimum Top Heavy benefit accrued under this Plan and shall receive no minimum allocation under the paired defined contribution plan or plans. If a Participant in this Plan who is a Non-Key Employee is covered under another qualified plan maintained by the Employer, other than a paired plan of the Sponsor, the minimum top heavy Top Heavy allocation or benefit required under section 416 of the Code shall be provided to such Non-Key Employee under: