Common use of NO ALLOCATIONS Clause in Contracts

NO ALLOCATIONS. If, for a Plan Year, there are no allocations of Employer contributions or forfeitures for any Participant (for purposes of Section 3.04 (B)(1)(b)) or for any Key Employee (for purposes of Section 3.04(B)(2)(b)), the Plan does not require any top heavy minimum allocation for the Plan Year, unless a top heavy minimum allocation applies because of the maintenance by the Employer of more than one plan.

Appears in 38 contracts

Samples: Direct Focus Inc, Adoption Agreement (Checkfree Corp \Ga\), Participation Agreement (Team Inc)

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NO ALLOCATIONS. If, for a Plan Year, there are no allocations of Employer contributions or forfeitures for any Participant (for purposes of Section 3.04 (B)(1)(b)) or for any Key Employee (for purposes of Section 3.04(B)(2)(b))Employee, the Plan does not require any top heavy minimum allocation for the Plan Year, unless a top heavy minimum allocation applies because of the maintenance by the Employer of more than one plan.

Appears in 6 contracts

Samples: Deferral Plan and Trust Agreement (Flow International Corp), And Trust Agreement (Millers Mutual Fire Insurance Co), Plan and Trust Agreement (Flow International Corp)

NO ALLOCATIONS. If, for a Plan Year, there are no allocations of Employer contributions or forfeitures for any Participant (for purposes of Section 3.04 (B)(1)(b3.04(B)(1)(b)) or for any Key Employee (for purposes of Section 3.04(B)(2)(b)), the Plan does not require any top heavy minimum allocation for the Plan Year, unless a top heavy minimum allocation applies because of the maintenance by the Employer of more than one plan.

Appears in 6 contracts

Samples: Defined Contribution Maser Plan and Trust Agreement (Washington Homes Inc), Adoption Agreement (Active Voice Corp), Adoption Agreement (Wicor Inc)

NO ALLOCATIONS. If, for a Plan Year, there are no allocations of Employer contributions or forfeitures for any Participant (for purposes of Section 3.04 (B)(1)(bB)(l)(b)) or for any Key Employee (for purposes of Section 3.04(B)(2)(b)), the Plan does not require any top heavy minimum allocation for the Plan Year, unless a top heavy minimum allocation applies because of the maintenance by the Employer of more than one plan.

Appears in 2 contracts

Samples: Firstbank Corp/Id, Expedia Inc

NO ALLOCATIONS. If, for a Plan Year, there are no --------------- allocations of Employer contributions or forfeitures for any Participant (for purposes of Section 3.04 (B)(1)(b)) or for any Key Employee (for purposes of Section 3.04(B)(2)(b18.04(a)(2)), the Plan does not require any top top-heavy minimum allocation for the Plan Year, unless a top top-heavy minimum allocation applies because of the maintenance by the Employer of more than one plan.

Appears in 1 contract

Samples: Plan and Trust (Krispy Kreme Doughnuts Inc)

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NO ALLOCATIONS. If, for a Plan Year, there are no allocations of Employer contributions or forfeitures for any Participant (for purposes of Section 3.04 (B)(1)(bB)(l)) or for any Key Employee (for purposes of Section 3.04(B)(2)(b3.04(B)(2(b)), the Plan does not require any top heavy minimum allocation for the Plan Year, unless a top heavy minimum allocation applies because of the maintenance by the Employer of more than one plan.

Appears in 1 contract

Samples: Midcoast Energy Resources Inc

NO ALLOCATIONS. If, for a Plan Year, there are no allocations of Employer contributions or forfeitures for any Participant (for purposes of Section 3.04 (B)(1)(b3.04(B)(l)(b)) or for any Key Employee (for purposes of Section 3.04(B)(2)(b)), the Plan does not require any top heavy minimum allocation for the Plan Year, unless a top heavy minimum allocation applies because of the maintenance by the Employer of more than one plan.

Appears in 1 contract

Samples: Transcrypt International Inc

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