PARTICIPATION IN THIS PLAN AND A DEFINED BENEFIT. PLAN If the Employer maintains, or at any time maintained, a qualified Defined Benefit Plan (other than Paired Plan #02001 or #02002) covering any Participant in this Plan, the sum of the Participant's Defined Benefit Plan Fraction and Defined Contribution Plan Fraction will not exceed 1.0 in any Limitation Year. For any Plan Year during which the Plan is Top-Heavy, the Defined Benefit and Defined Contribution Plan Fractions shall be calculated in accordance with Code Section 416(h). The Annual Additions which may be credited to the Participant's account under this Plan for any Limitation Year will be limited in accordance with the Adoption Agreement. This paragraph does not apply for Limitation Years beginning on or after January 1, 2000.
Appears in 3 contracts
Samples: Defined Contribution Plan (Spheris Leasing LLC), Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)
PARTICIPATION IN THIS PLAN AND A DEFINED BENEFIT. PLAN If the Employer maintains, or at any time maintained, a qualified Defined Benefit Plan (other than Paired Plan #02001 or #02002,) covering any Participant in this Plan, the sum of the Participant's Defined Benefit Plan Fraction and Defined Contribution Plan Fraction will not exceed 1.0 in any Limitation Year. For any Plan Year during which the Plan is Top-Heavy, the Defined Benefit and Defined Contribution Plan Fractions shall be calculated in accordance with Code Section 416(h). The Annual Additions which may be credited to the Participant's account under this Plan for any Limitation Year will be limited in accordance with the Adoption Agreement. This paragraph does not apply for Limitation Years beginning on or after January 1, 2000.
Appears in 1 contract
Samples: Defined Contribution Plan (Thomasville Bancshares Inc)
PARTICIPATION IN THIS PLAN AND A DEFINED BENEFIT. PLAN If the Employer maintains, or at any time maintained, a qualified Defined Benefit Plan (other than Paired Plan #02001 02001, #02002, #02003 or #0200202004) covering any Participant in this Plan, the sum of the ParticipantParticipant 's Defined Benefit Plan Fraction and Defined Contribution Plan Fraction will not exceed 1.0 in any Limitation Year. For any Plan Year during which the Plan is Top-Heavy, the Defined Benefit and Defined Contribution Plan Fractions shall be calculated in accordance with Code Section 416(h). The Annual Additions which may be credited to the Participant's account under this Plan for any Limitation Year will be limited in accordance with the Adoption Agreement. This paragraph does not apply for Limitation Years beginning on or after January 1, 2000.
Appears in 1 contract
Samples: Adoption Agreement (Professionals Insurance Co Management Group)
PARTICIPATION IN THIS PLAN AND A DEFINED BENEFIT. PLAN Plan If the Employer maintains, or at any time maintained, a qualified Defined Benefit Plan (other than Paired Plan #02001 or #02002) covering any Participant in this Plan, the sum of the Participant's Defined Benefit Plan Fraction and Defined Contribution Plan Fraction will not exceed 1.0 in any Limitation Year. For any Plan Year during which the Plan is Top-Heavy, the Defined Benefit and Defined Contribution Plan Fractions shall be calculated in accordance with Code Section 416(h). The Annual Additions which may be credited to the Participant's account under this Plan for any Limitation Year will be limited in accordance with the Adoption Agreement. This paragraph does not apply for Limitation Years beginning on or after January 1, 2000.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)