Common use of Other Nondiscrimination Requirements Clause in Contracts

Other Nondiscrimination Requirements. Any other Employer Contributions made to the Plan, other than Rollover Contributions, that are not subject to the nondiscrimination tests set forth in either Sections 3.05, 3.09 or 3.10, shall be allocated on the basis of a uniform formula. Such uniform formula shall allocate contributions to every Eligible Employee according to Compensation or such contributions shall be the same dollar amount for each Eligible Employee. Such formula shall be specified in the Adoption Agreement.

Appears in 2 contracts

Samples: 401(k) Plan Document (Metals Usa Inc), 401(k) Plan Document (Metals Usa Inc)

AutoNDA by SimpleDocs

Other Nondiscrimination Requirements. Any other Employer Contributions made to the Plan, other than Rollover Contributions, that are not subject to the nondiscrimination tests set forth in either Sections 3.05, 3.09 or 3.10, shall be allocated on the basis of a uniform formula. Such uniform formula shall allocate contributions to every Eligible Employee according to Compensation or such contributions shall be the same dollar amount for each Eligible eligible Employee. Such formula shall be specified in the Adoption Agreement.

Appears in 2 contracts

Samples: Adoption Agreement (Sonic Corp), Adoption Agreement (BRPP LLC)

AutoNDA by SimpleDocs

Other Nondiscrimination Requirements. Any other Employer Contributions made to the Plan, other than Rollover Contributions, Contributions and Xxxx 401(k) Rollover Contributions that are not subject to the nondiscrimination tests set forth in either Sections 3.05, 3.09 3.03 or 3.103.08, shall be allocated on the basis of a uniform formula. Such uniform formula shall allocate contributions to every Eligible Employee according to Compensation or such contributions shall be the same dollar amount for each Eligible Employee. Such formula shall be specified in the Adoption Agreement.

Appears in 1 contract

Samples: Basic Plan Document (Fairfax Financial Holdings LTD/ Can)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!