PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer maintains its Plan under a Code ss.401(k) Adoption Agreement. If the Employer does not maintain its Plan under a Code ss.401(k) Adoption Agreement and, prior to the adoption of this Master Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(m). This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Master Plan.
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Samples: Retirement Savings Plan Adoption Agreement (World Acceptance Corp), Defined Contribution Master Plan and Trust Agreement (Recovery Engineering Inc)
PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer maintains its Plan under a Code ss.401(kSection 401(k) Adoption Agreement. If the Employer does not maintain its Plan under a Code ss.401(kSection 401(k) Adoption Agreement and, prior to the adoption of this Master Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(mSection 401(m). This
This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Master Plan.
Appears in 2 contracts
Samples: Salary Deferral Plan (Team Inc), Defined Contribution Master Plan and Trust Agreement (Universal Compression Holdings Inc)
PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer maintains its Plan under a Code ss.401(k) Adoption Agreement. If the Employer does not maintain its Plan under a Code ss.401(k) Adoption Agreement and, prior to the adoption of this Master Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(m). This
This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Master Plan.
Appears in 2 contracts
Samples: Defined Contribution Master Plan and Trust Agreement (American Stone Industries Inc), Defined Contribution Master Plan and Trust Agreement (Dollar Thrifty Automotive Group Inc)
PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer maintains its Plan under a Code ss.401(k§401(k) Adoption Agreement. If the Employer does not maintain its Plan under a Code ss.401(k§401(k) Adoption Agreement and, prior to the adoption of this Master Prototype Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(m§401(m). This
This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Master Prototype Plan.
Appears in 1 contract
Samples: Defined Contribution Prototype Plan and Trust Agreement (Direct Focus Inc)
PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer maintains its Plan under a Code ss.401(kSection 401(k) Adoption Agreement. If the Employer does not maintain its itS Plan under a Code ss.401(kSection 401(k) Adoption Agreement and, prior to the adoption of this Master Prototype Plan, the Plan accepted accepteD Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(mSection 401(m). This
This Section 4.01 does not prohibit the Plan's acceptance of Participant ParticipanT nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Master Prototype Plan.
Appears in 1 contract
PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer maintains its Plan under a Code ss.401(k401(k) Adoption Agreement. If the Employer does not maintain its Plan under a Code ss.401(k401(k) Adoption Agreement and, prior to the adoption of this Master Prototype Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(m401(m). This
Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Master Prototype Plan.
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