Common use of Permitted disparity allocation Clause in Contracts

Permitted disparity allocation. The discretionary Employer Contribution under AA §6-2(a) will be allocated under the two-step permitted disparity formula (as defined in Section 3.02(a)(1)(ii)(A) of the Plan), using the Taxable Wage Base (as defined in Section 1.122 of the Plan) as the Integration Level. However, for any Plan Year in which the Plan is Top Heavy, the four-step permitted disparity formula (as defined in Section 3.02(a)(1)(ii)(B) of the Plan) applies. To modify these default rules, complete the appropriate provision(s) below.

Permitted disparity allocation. The discretionary Employer Contribution under AA §6-2(a) 2 will be allocated under the two-step permitted disparity formula method (as defined in Section 3.02(a)(1)(ii)(A) of the Plan), using the Taxable Wage Base (as defined in Section 1.122 1.132 of the Plan) as the Integration Level. However, for any Plan Year in which the Plan is Top Heavy, the four-step permitted disparity formula (as defined in Section 3.02(a)(1)(ii)(B) of the Plan) applies. To modify these default rules, complete the appropriate provision(s) below.:

Permitted disparity allocation. The discretionary Employer Contribution under AA §6-2(a) 2 will be allocated under the two-step permitted disparity formula method (as defined in Section 3.02(a)(1)(ii)(A) of the Plan), using the Taxable Wage Base (as defined in Section 1.122 1.136 of the Plan) as the Integration Level. However, for any Plan Year in which the Plan is Top Heavy, the four-step permitted disparity formula method (as defined in Section 3.02(a)(1)(ii)(B) of the Plan) applies, unless provided otherwise under subsection (2) below. To modify these default rules, complete the appropriate provision(s) below.

Permitted disparity allocation. The discretionary Employer Contribution under AA §6-2(a) will be allocated under the two-step permitted disparity formula (as defined in Section 3.02(a)(1)(ii)(A) of the Plan), using the Taxable Wage Base (as defined in Section 1.122 1.121 of the Plan) as the Integration Level. However, for any Plan Year in which the Plan is Top Heavy, the four-step permitted disparity formula applies (as defined in Section 3.02(a)(1)(ii)(B) of the Plan) applies). To modify these default rules, complete the appropriate provision(s) below.

Permitted disparity allocation. The discretionary Employer Contribution under AA §6-2(a) 2 will be allocated under the two-step permitted disparity formula method (as defined in Section 3.02(a)(1)(ii)(A) of the Plan), using the Taxable Wage Base (as defined in Section 1.122 1.137 of the Plan) as the Integration Level. However, for any Plan Year in which the Plan is Top Heavy, the four-step permitted disparity formula method (as defined in Section 3.02(a)(1)(ii)(B) of the Plan) applies, unless provided otherwise under subsection (2) below. To modify these default rules, complete the appropriate provision(s) below.