Common use of Other Purposes Clause in Contracts

Other Purposes. For the Plan Year in which an Employee enters the Plan, the Employee's Compensation which shall be taken into account for purposes of the Plan (other than ADP or ACP testing) shall be (Choose one):

Appears in 3 contracts

Samples: Qualified Retirement Plan (Teardrop Golf Co), Comprehensive Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Metretek Technologies Inc), Qualified Retirement Plan and Trust (Meritage Hospitality Group Inc /Mi/)

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Other Purposes. For the Plan Year in which an Employee enters the Plan, the Employee's Compensation which shall be taken into account for purposes of the Plan (other than ADP or ACP testing) shall be (Choose one):CHOOSE ONE): OPTION 1: [X] The Employee's Compensation only from the time the Employee became a Participant in the Plan. OPTION 2: [ ] The Employee's Compensation for the whole of such Plan Year.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Miami Computer Supply Corp)

Other Purposes. For the Plan Year in which an Employee enters the Plan, the Employee's Compensation which shall be taken into account for purposes of the Plan (other than ADP or ACP testing) shall be (Choose oneCHOOSE ONE): OPTION 1: [ ] The Employee's Compensation only from the time the Employee became a Participant in the Plan.

Appears in 1 contract

Samples: Comprehensive Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Cornell Corrections Inc)

Other Purposes. For the Plan Year in which an Employee enters the Plan, the Employee's Compensation which shall be taken into account for purposes of the Plan (other than ADP or ACP testing) shall be (Choose one):): OPTION 1: [ ] The Employee's Compensation only from the time the Employee became a Participant in the Plan. OPTION 2: [X] The Employee's Compensation for the whole of such Plan Year. NOTE: If no option is selected, Option 1 will be deemed to be selected.

Appears in 1 contract

Samples: Comprehensive Standardized 401(k) Profit Sharing Plan Adoption Agreement (Edutrek Int Inc)

Other Purposes. For the Plan Year in which an Employee enters the Plan, the Employee's Compensation which shall be taken into account for purposes of the Plan (other Plan(other than ADP or ACP testing) shall be (Choose one):

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Compdent Corp)

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Other Purposes. For the Plan Year in which an Employee enters the Plan, the Employee's Compensation which shall be taken into account for purposes of the Plan (other than ADP or ACP testing) shall be (Choose choose one):)

Appears in 1 contract

Samples: Prototype Defined Contribution Plan and Trust/Custodial Account (Connecticut Water Service Inc / Ct)

Other Purposes. For the Plan Year in which an Employee enters the Plan, the Employee's Compensation which shall be taken into account for purposes of the Plan (other than ADP or ACP testing) shall be (Choose one): Option 1: [X] The Employee's Compensation only from the time the Employee became a Participant in the Plan.

Appears in 1 contract

Samples: Basic Plan Document (Edelbrock Corp)

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