Common use of Protected Benefits Clause in Contracts

Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section 412(c)(8), and may not reduce or eliminate Code Section 411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(d)

Appears in 17 contracts

Samples: Voluntary Pension and Salary Deferral Plan and Trust Agreement (Flow International Corp), 401(k) Savings Plan (Summit Care Corp), Defined Contribution Master Plan and Trust Agreement (Nci Building Systems Inc)

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Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section 412(c)(8(S)412(c)(8), and may not reduce or eliminate Code Section 411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(dS)411(d)

Appears in 5 contracts

Samples: Defined Contribution Prototype Plan and Trust Agreement (High Country Bancorp Inc), 401(k) Plan (Firstbank Corp/Id), Defined Contribution Prototype Plan and Trust Agreement (Global Imaging Systems Inc)

Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section 412(c)(8ss.412(c)(8), and may not reduce or eliminate Code Section 411(d)(6ss.411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(dss.411(d)

Appears in 5 contracts

Samples: Defined Contribution Master Plan and Trust Agreement (Recovery Engineering Inc), Defined Contribution Prototype Plan and Trust Agreement (Indian Village Bancorp Inc), Profit Sharing Plan and Trust Agreement (DST Systems Inc)

Protected Benefits. An amendment (including the adoption of this Plan as a restatement transferor of an existing planassets from the Former Plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section 412(c)(8ss.412(c)(8), and may not reduce or eliminate Code Section 411(d)(6ss.411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(dss.411(d)

Appears in 2 contracts

Samples: Employee Stock Ownership Plan and Trust Agreement (DST Systems Inc), Employee Stock Ownership Plan and Trust Agreement (DST Systems Inc)

Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an existing planPlan) may not decrease a Participant's Accrued Benefit, accrued benefit or account balance except to the extent permitted under Code Section 412(c)(8), and may not reduce or eliminate Code Section 411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates a Code Section 411(d)

Appears in 2 contracts

Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Defined Contribution Plan (Thomasville Bancshares Inc)

Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section 412(c)(8), and may not reduce or eliminate Code Section 411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(d)

Appears in 1 contract

Samples: Defined Contribution Master Plan and Trust Agreement (Gart Sports Co)

Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an aN existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section 412(c)(8), and may not reduce or eliminate Code Section 411(d)(6) protected benefits determined immediately prior to the adoption date datE (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(d)

Appears in 1 contract

Samples: Retirement Savings Plan (Capital Holdings Inc)

Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section 412(c)(8), and may not reduce or eliminate Code Section 411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(d)protected

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Mmi Products Inc)

Protected Benefits. An amendment (including the ------------------------------------- adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section (S) 412(c)(8), and may not reduce or eliminate Code Section 411(d)(6(S) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(d)

Appears in 1 contract

Samples: Defined Contribution Basic Plan Document and Trust Agreement (Birner Dental Management Services Inc)

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Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section 412(c)(8), and may not reduce or eliminate Code Section 411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(d)

Appears in 1 contract

Samples: Employee Stock Ownership Plan and Trust Agreement (Liberty Bancshares Inc /Mo)

Protected Benefits. An amendment ----------------------------------------------- (including the adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued BenefitAccount Balance, except to the extent permitted under Code Section section 412(c)(8), and may not reduce or eliminate Code Section section 411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section section 411(d)

Appears in 1 contract

Samples: 401(k) Volume Submitter Plan and Trust Agreement (Krispy Kreme Doughnuts Inc)

Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section 412(c)(8ss.412(c)(8), and may not reduce or eliminate Code Section 411(d)(6ss.411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(d)lxxxiii

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (FBL Financial Group Inc)

Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under Code Section 412(c)(8code ss.412(c)(8), and may not reduce or eliminate Code Section 411(d)(6ss.411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(dss.411(d)

Appears in 1 contract

Samples: 401(k) Retirement Savings Plan (Reptron Electronics Inc)

Protected Benefits. An amendment (including the adoption of this Plan as a restatement of an existing plan) may not decrease a Participant's Accrued Benefit, except to the extent permitted under US Code Section 412(c)(8ss.412(c)(8), and may not reduce or eliminate US Code Section 411(d)(6) protected benefits determined immediately prior to the adoption date (or, if later, the effective date) of the amendment. An amendment reduces or eliminates Code Section 411(dss.411(d)

Appears in 1 contract

Samples: Defined Contribution Master Plan and Trust Agreement (Checkfree Corp \Ga\)

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