Common use of Multiple Defined Contribution Plans Clause in Contracts

Multiple Defined Contribution Plans. If a Participant (a) is or was covered under two or more current or terminated plans sponsored by the same Employer (or Employers in the same controlled or affiliated service group); or (b) is covered under either a welfare benefit fund as defined in Code §419(e), or an individual medical account as defined in Code §415(1)(2) under which amounts are treated as Annual Additions with respect to any Participant in this Plan, Annual Additions will be adjusted as follows: x As set forth in Article 6 of the Basic Plan so the Annual Additions under this Plan will be reduced first ¨ As set forth in the Annual Addition Adjustment Addendum.

Multiple Defined Contribution Plans. If a Participant (a) is or was covered under two or more current or terminated plans sponsored by the same Employer (or Employers in the same controlled or affiliated service group); or (b) is covered under either a welfare benefit fund as defined in Code §419(e), or an individual medical account as defined in Code §415(1)(2415(l)(2) under which amounts are treated as Annual Additions with respect to any Participant in this Plan, Annual Additions will be adjusted as follows: x ¨ As set forth in Article 6 of the Basic Plan so the Annual Additions under this Plan will be reduced first ¨ As set forth in the Annual Addition Adjustment Addendum.

Multiple Defined Contribution Plans. If a Participant (a) is or was covered under two or more current or terminated plans sponsored by the same Employer (or Employers in the same controlled or affiliated service group); or (b) is covered under either a welfare benefit fund as defined in Code §419(e), or an individual medical account as defined in Code §415(1)(2415(l)(2) under which amounts are treated as Annual Additions with respect to any Participant in this Plan, Annual Additions will be adjusted as follows: x As set forth in Article 6 of the Basic Plan so the Annual Additions under this Plan will be reduced first ¨ o As set forth in the Annual Addition Adjustment Addendum.

Multiple Defined Contribution Plans. If a Participant (a) is or was covered under two or more current or terminated plans sponsored by the same Employer (or Employers in the same controlled or affiliated service group); or (b) is covered under either a welfare benefit fund as defined in Code §419(e), or an individual medical account as defined in Code §415(1)(2415(l)(2) under which amounts are treated as Annual Additions with respect to any Participant in this Plan, Annual Additions will be adjusted as follows: x þ As set forth in Article 6 of the Basic Plan so the Annual Additions under this Plan will be reduced first ¨ o As set forth in the Annual Addition Adjustment Addendum.

Multiple Defined Contribution Plans. If a Participant (a) is or was covered under two or more current or terminated plans sponsored by the same Employer (or Employers in the same controlled or affiliated service group); or (b) is covered under either a welfare benefit fund as defined in Code §419(e), or an individual medical account as defined in Code §415(1)(2415(I)(2) under which amounts are treated as Annual Additions with respect to any Participant in this Plan, Annual Additions will be adjusted as follows: x As set forth in Article 6 of the Basic Plan so the Annual Additions under this Plan will be reduced first ¨ As set forth in the Annual Addition Adjustment Addendum.