Multiple Use Test. If the Alternative Limitation (defined in Section 12.2) is used to meet both the ADP and ACP Tests, the ADP and ACP for the HCE Group must also comply with the requirements of Code section 401(m)(9). Such Code section requires that the sum of the ADP and ACP for the HCE Group (as determined after any corrections needed to meet the ADP and ACP Tests have been made) not exceed the sum (which produces the most favorable result) of: (a) the Basic Limitation (defined in Section 12.2) applied to either the ADP or ACP for the NHCE Group, and (b) the Alternative Limitation applied to the other NHCE Group percentage.
Appears in 14 contracts
Samples: Savings Plan and Trust Agreement (Riviana Foods Inc /De/), Savings Plan and Trust Agreement (Hanna M a Co/De), Employee Stock Savings Plan (La Gear Inc)
Multiple Use Test. If the Alternative Limitation (defined in Section 12.2) is used to meet both the ADP and ACP Tests, the ADP and ACP for the HCE Group must also comply with the requirements of Code section 401(m)(9). Such Code section requires that the sum of the ADP and ACP for the HCE Group (as determined after any corrections needed to meet the ADP and ACP Tests have been made) not exceed the sum (which produces the most favorable result) of:
(a) the Basic Limitation (defined in Section 12.2) applied to either the ADP or ACP for the NHCE Group, and
(b) the Alternative Limitation applied to the other NHCE Group percentage.. -------------------------------------------------------------------------------- 52
Appears in 1 contract
Samples: Financial Security Plan and Trust Agreement (Caliber System Inc)
Multiple Use Test. If the Alternative Limitation (defined in Section 12.2) is used to meet both the ADP and ACP Tests, the ADP and ACP for the HCE Group must also comply with the requirements of Code section 401(m)(9). Such Code section requires that the sum of the ADP and ACP for the HCE Group (as determined after any corrections needed to meet the ADP and ACP Tests have been made) not exceed the sum (which produces the most favorable result) of:
: (a) the Basic Limitation (defined in Section 12.2) applied to either the ADP or ACP for the NHCE Group, and
and (b) the Alternative Limitation applied to the other NHCE Group percentage.
Appears in 1 contract
Multiple Use Test. If the Alternative Limitation (defined in Section 12.2) is used to meet both the ADP and ACP Tests, the ADP and ACP for the HCE Group must also comply with the requirements of Code section 401(m)(9). Such Code section requires that the sum of the ADP and ACP for the HCE Group (as determined after any corrections needed to meet the ADP and ACP Tests have been made) not exceed the sum (which produces the most favorable result) of:: --------------------------------------------------------------------------------
(a) the Basic Limitation (defined in Section 12.2) applied to either the ADP or ACP for the NHCE Group, and
(b) the Alternative Limitation applied to the other NHCE Group percentage.
Appears in 1 contract
Samples: Retirement Savings Plan and Trust Agreement (Spieker Properties Inc)