Common use of Participant Contributions Clause in Contracts

Participant Contributions. If so specified in the Plan Agreement, a Participant may make Participant Contributions to the Plan in accordance with the Plan Agreement. Such contributions, together with any matching contributions (as defined in section 401(m)(4) of the Code) if applicable, shall be limited so as to meet the nondiscrimination test of section 401(m) of the Code, as set forth in Section 5.10 of the Plan. Participant Contributions will be allocated to the Participant Contributions Account of the contributing Participant. All Participant Contribution Accounts will be fully vested at all times.

Appears in 4 contracts

Samples: Earthlink Inc, Plan Agreement (Conley Canitano & Associates Inc), Plan Agreement (American Science & Engineering Inc)

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