MULTIPLE USE LIMITATION Sample Clauses

MULTIPLE USE LIMITATION. For Plan Years beginning after December 31, 1988, if at least one Highly Compensated Employee is includible in the ADP test under Section 14.08 and in the ACP test under Section 14.09, the sum of the Highly Compensated Group's ADP and ACP may not exceed the multiple use limitation. The multiple use limitation is the sum of (i) and (ii):
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MULTIPLE USE LIMITATION. 14.10 (14.09) Named Fiduciary.................................................10.03[D] (10.04) Nonelective Contributions.......................................14.03(j) (14.03) Nonforfeitable.......................................................1.16 (1.05) Nonhighly Compensated Employee..................................14.03(b) (14.02) Nonhighly Compensated Group.....................................14.03(e) (14.02) Non-Key Employee...............................................1.33(B)(2) (1.10) Nontransferable Annuity..............................................1.23 (1.05) Normal Retirement Age................................................5.01 (5.01) Owner-Employee.......................................................1.08 (1.02) Paired Plans.........................................................1.34 (1.10) Participant..........................................................1.10 (1.03)
MULTIPLE USE LIMITATION. 14.10 14.11 Distribution Restrictions.......................... 14.10 14.12
MULTIPLE USE LIMITATION. If at least one Highly Compensated Employee is includible in the ADP test under Section 14.08 and in the ACP test under Section 14.09, the sum of the Highly Compensated Group's ADP and ACP may not exceed the multiple use limitation. The multiple use limitation is the sum of (i) and (ii):
MULTIPLE USE LIMITATION. 14.10 (14.10) Named Fiduciary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.03[D] (10.04) Nonelective (Also Called Profit Sharing) Contributions . . . . . . . . . . . . . . . . . . . 14.03(j) (14.03) Nonforfeitable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.16 (1.05) Nonhighly Compensated Employee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.03(b) (14.02) Nonhighly Compensated Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.03(e) (14.02) Non-Key Employee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.33(B)(2) (1.09) Nontransferable Annuity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.23 (1.05) Normal Retirement Age . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.01 (5.01) Owner-Employee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.08 (1.02) Paired Plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.34 (1.10) Participant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.10 (1.03)
MULTIPLE USE LIMITATION. 14.10 14.11 Distribution Restrictions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.10 14.12
MULTIPLE USE LIMITATION. 14.10 (14.11) Named Fiduciary........................................... l0.03[D] (10.05)
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MULTIPLE USE LIMITATION. 46 ARTICLE XV - DIRECT ROLLOVERS 48 15.01 APPLICATION..............................................................48 15.02 DEFINITIONS..............................................................48 APPENDIX A - ACCOUNTS TRANSFERRED FROM SPIDER STAGING CORPORATION 401(k) PLAN AND CERTAIN EMPLOYEES OF SPIDER STAGING CORPORATION 49 1.01 DEFINITIONS...............................................................49
MULTIPLE USE LIMITATION. 77 14.11 Distribution Restrictions........................................78 14.12 Special Allocation Rules.........................................79 ARTICLE A, APPENDIX TO PLAN AND TRUST AGREEMENT...................................A-1 ARTICLE B, APPENDIX TO BASIC PLAN DOCUMENT........................................B-1 ARTICLE C, APPENDIX TO BASIC PLAN DOCUMENT........................................C-1 ARTICLE D, APPENDIX TO BASIC PLAN DOCUMENT........................................D-1 iv ALPHABETICAL LISTING OF DEFINITIONS
MULTIPLE USE LIMITATION. If one or more Highly Compensated Employees participate in both a cash or deferred arrangement and a plan subject to the ACP test maintained by the Employer, and the sum of the ADP and ACP of those Highly Compensated Employees subject to either or both tests exceeds the Aggregate Limit, then the ADP of those Highly Compensated Employees who also participate in a cash or deferred arrangement will be reduced (beginning with such Highly Compensated Employee whose ADP is the highest) so that the limit is not exceeded. The amount by which each Highly Compensated Employee's Contribution Percentage Amounts is reduced shall be treated as an
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