OMISSION OF ELIGIBLE EMPLOYEE. If, in any Plan Year, any Employee who should be included as a Participant in the Plan is erroneously omitted and discovery of such omission is not made until after a contribution by his Employer for the year has been made, the Employer shall make a subsequent contribution with respect to the omitted Employee in the amount which the said Employer would have contributed with respect to him had he not been omitted. Such contribution shall be made regardless of whether or not it is deductible in whole or in part in any taxable year under applicable provisions of the Code.
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Samples: Adoption Agreement for Qualified Profit Sharing and 401(k) Plan (Modern Controls Inc), Retirement & Profit Sharing Plan (Aironet Wireless Communications Inc), Employee Stock Ownership Plan and Trust Agreement (Allied Capital Corp)
OMISSION OF ELIGIBLE EMPLOYEE. If, in any Plan Year, any Employee who should be included as a Participant in the Plan is erroneously omitted and discovery of such omission is not made until after a contribution by his the Employer for the year has been made, the Employer shall make a subsequent contribution with respect to the omitted Employee in the amount which the said Employer would have contributed with respect to him the Employee had he or she not been omitted. Such contribution shall be made regardless of whether or not it is deductible in whole or in part in any taxable year under applicable provisions of the Code.
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Samples: Retirement Savings Plan and Trust Agreement (Mattel Inc /De/)
OMISSION OF ELIGIBLE EMPLOYEE. If, If in any Plan Year, any Year an Employee who should be included as a Participant in the Plan is erroneously omitted and discovery of such omission is not made until after a contribution by his Employer for the year has been made, the Employer shall make a subsequent contribution with respect to contribution, if necessary, so that the omitted Employee in receives the total amount which the said Employer such Employee would have contributed with respect to him received had he not been omitted. Such contribution shall be made regardless of whether or not it is deductible in whole or in part in any taxable year under the applicable provisions of the PR-Code.
Appears in 1 contract
Samples: Adoption Agreement (Diebold Inc)
OMISSION OF ELIGIBLE EMPLOYEE. If, in any Plan Year, any an Employee who should be included as a Participant in the Plan is erroneously omitted and discovery of such omission is not made until after a contribution by his or her Employer for the year Plan Year has been made, the Employer shall make a subsequent contribution with respect to so that the omitted Employee in the receives a total amount which the said Employer Employee would have contributed with respect to him received had he or she not been omitted. Such contribution shall be made regardless of whether or not it is deductible in whole or in part in any taxable year under applicable provisions of the Code.
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Samples: Defined Contribution Plan (Idt Corp)
OMISSION OF ELIGIBLE EMPLOYEE. If, in any Plan Year, any Employee who should be included as a Participant in the Plan is erroneously omitted omitted, and discovery of such omission is not made until after a contribution by his the Employer for the year Plan Year has been made, the Employer shall make a subsequent contribution with respect to the omitted Employee in the amount which the said Employer Company would have contributed with respect to him if he or she had he not been omitted. Such contribution shall be made regardless of whether or not it is deductible in whole or in part in any taxable year under applicable provisions of the Code.
Appears in 1 contract
OMISSION OF ELIGIBLE EMPLOYEE. If, in any Plan Year, any Employee who should be have been included as a Participant in the Plan is erroneously omitted and discovery of such omission is not made until after a contribution by his an Employer Nonelective Contribution for the year Plan Year has been made, the Employer shall make a subsequent contribution with respect to the omitted Employee in the amount which the said Employer would have been contributed with respect to him had he not been omitted. Such contribution shall be made such Participant regardless of whether or not it is deductible in whole or in part in any taxable year under the applicable provisions of the Code.
Appears in 1 contract
Samples: Retirement Plan (Titan Corp)
OMISSION OF ELIGIBLE EMPLOYEE. If, in any Plan Year, any Employee employee who should be included as a Participant in the Plan is erroneously omitted omitted, and discovery of such omission is not made until after a contribution by his the Employer for the year Plan Year has been made, the Employer shall make a subsequent contribution with respect to the omitted Employee employee in the amount which the said Employer Company would have contributed with respect to him if he or she had he not been omitted. Such contribution shall be made regardless of whether or not it is deductible in whole who or in part in any taxable year under applicable provisions of the Code.
Appears in 1 contract
OMISSION OF ELIGIBLE EMPLOYEE. If, in any Plan Year, any Employee who should be included as a Participant in the Plan is erroneously omitted and discovery of such omission is not made until after a contribution by his Employer for the year has been mademade and allocated, the Employer shall make a subsequent contribution with respect to the omitted Employee in the amount which the said Employer would have contributed with respect to him had he not been omitted. Such contribution shall be made regardless of whether or not it is deductible in whole or in part by the Employer in any taxable year under applicable provisions of the Code.
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