Common use of Primary Limitation Clause in Contracts

Primary Limitation. except as provided, the maximum amount of combined Elective Deferrals and Xxxx 457(b) Contributions under the Plan for any calendar year, other than by means of a rollover or transfer, shall not exceed the lessor of: (i.) The applicable dollar amount, as set forth in Section 457(e)(15) of the Code, or (11.) 100% of the Participant’s Includible Compensation for the taxable year.

Appears in 16 contracts

Samples: Voluntary Salary Deferral Agreement, Voluntary Salary Deferral Agreement, Voluntary Salary Deferral Agreement

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