Common use of Prevailing Wage Contributions Clause in Contracts

Prevailing Wage Contributions. Notwithstanding anything contained herein to the contrary, Qualified Nonelective Contributions that are made in connection with the Employer’s obligation to pay prevailing wages under the Xxxxx-Xxxxx Act (46 Stat. 1494), Pub. L. 71-798, Service Contract Act of 1965 (79 Stat. 1965), Pub. L. 89- 286, or similar legislation can be taken into account for a Plan Year for a Nonhighly Compensated Employee to the extent such contributions do not exceed 10 percent (10%) of that Nonhighly Compensated Employee’s Testing Compensation.

Appears in 2 contracts

Samples: Non Standardized (Atlas America Inc), Comstock Resources Inc

AutoNDA by SimpleDocs

Prevailing Wage Contributions. Notwithstanding anything contained herein to the contrary, Qualified Nonelective Contributions that are made in connection with the Employer’s obligation to pay prevailing wages under the Xxxxx-Xxxxx Act (46 Stat. 1494), Pub. L. 71-798, Service Contract Act of 1965 (79 Stat. 1965), Pub. L. 89- 89-286, or similar legislation can be taken into account for a Plan Year for a Nonhighly Compensated Employee to the extent such contributions do not exceed 10 percent (10%) of that Nonhighly Compensated Employee’s Testing Compensation.

Appears in 1 contract

Samples: Non Standardized (Atlas America Inc)

AutoNDA by SimpleDocs

Prevailing Wage Contributions. Notwithstanding anything contained herein to the contrary, Qualified Nonelective Non-elective Contributions that are made in connection with the Employer’s obligation to pay prevailing wages under the Xxxxx-Xxxxx Act (46 Stat. 1494), Pub. L. 71-798, Service Contract Act of 1965 (79 Stat. 1965), Pub. L. 89- 286, or similar legislation can be taken into account for a Plan Year for a Nonhighly Non-highly Compensated Employee to the extent such contributions do not exceed 10 percent (10%) of that Nonhighly Non-highly Compensated Employee’s Testing Compensation.

Appears in 1 contract

Samples: Contribution Plan and Trust (Triad Guaranty Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!