Common use of Restoration Contributions Clause in Contracts

Restoration Contributions. The Employer shall, for each Plan Year, make a restoration contribution in an amount equal to the sum of (a) such amount, if any, as shall be necessary to fully restore all Matching Contribution Accounts and Supplemental Contribution Accounts required to be restored pursuant to the provisions of Section 8.02 after the application of all forfeitures available for such restoration; plus (b) an amount equal in value to the value of forfeited benefits required to be restored under Section 8.03, after the application of all forfeitures available for such restoration.

Appears in 5 contracts

Samples: 401(k) Plan Amendment and Restatement (Quanex Corp), Employee Savings Plan (Quanex Corp), Employee Savings Plan (Quanex Corp)

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Restoration Contributions. The Employer shall, for each Plan Year, make a restoration contribution in an amount equal to the sum of (a) such amount, if any, as shall be necessary to fully restore all Matching Contribution Accounts and Supplemental Contribution Accounts required to be restored pursuant to the provisions of Section 8.02 9.02 after the application of all forfeitures available for such restoration; plus (b) an amount equal in value to the value of forfeited benefits required to be restored under Section 8.039.03, after the application of all forfeitures available for such restoration.

Appears in 3 contracts

Samples: 401(k) Savings Plan (Quanex Corp), 401(k) Savings Plan (Quanex Corp), 401(k) Savings Plan Amendment and Restatement (Quanex Corp)

Restoration Contributions. The Employer shall, for each Plan Year, make a restoration contribution in an amount equal to the sum of (a1) such amount, if any, as shall be necessary to fully restore all Matching Contribution Accounts and Supplemental Contribution Accounts required to be restored pursuant to the provisions of Section 8.02 9.02 after the application of all forfeitures available for such restorationrestorations; plus (b2) an amount equal in value to the value of forfeited benefits required to be restored described in and payable under Section 8.039.03, after the application of all forfeitures available for such restorationrestorations.

Appears in 2 contracts

Samples: 401(k) Savings Plan (Kaneb Services LLC), 401(k) Savings Plan (Kaneb Services LLC)

Restoration Contributions. The Employer shall, for each Plan Year, make a restoration contribution in an amount equal to the sum of (a) such amount, if any, as shall be necessary to fully restore all Basic Matching Contribution Accounts, Supplemental Matching Contribution Accounts and Supplemental Contribution Accounts required to be restored pursuant to the provisions of Section 8.02 9.02 after the application of all forfeitures available for such restorationrestorations; plus (b) an amount equal in value to the value of forfeited benefits required to be restored under Section 8.039.03, after the application of all forfeitures available for such restorationrestorations.

Appears in 1 contract

Samples: 401(k) Savings Investment Plan (Furmanite Corp)

Restoration Contributions. The Employer shall, for each Plan Year, make a restoration contribution in an amount equal to the sum of (a) such amount, if any, as shall be necessary to fully restore all Matching Contribution Accounts and Supplemental Contribution Accounts required to be restored pursuant to the provisions of Section 8.02 9.02 after the application of all forfeitures available for such restorationrestorations; plus (b) an amount equal in value to the value of forfeited benefits required to be restored under Section 8.039.03, after the application of all forfeitures available for such restorationrestorations.

Appears in 1 contract

Samples: 401(k) Savings Investment Plan Amendment (Furmanite Corp)

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Restoration Contributions. The Employer shall, for each Plan Year, make a restoration contribution in an amount equal to the sum of (a) such amount, if any, as shall be necessary to fully restore all Matching Contribution Accounts and Supplemental Contribution Accounts required to be restored pursuant to the provisions of Section 8.02 9.02 after the application of all forfeitures available for such restorationrestorations; plus (b) an amount equal in value to the value of forfeited benefits required to be restored described in and payable under Section 8.039.03, after the application of all forfeitures available for such restorationrestorations.

Appears in 1 contract

Samples: 401(k) Savings Investment Plan (Xanser Corp)

Restoration Contributions. The Employer shall, for each Plan Year, make a restoration contribution in an amount equal to the sum of (a) such amount, if any, as shall be necessary to fully restore all Matching Contribution Accounts and Supplemental Contribution Accounts required to be restored pursuant to the provisions of Section 8.02 after the application of all forfeitures available for such restoration; plus (b) an amount equal in value to the value of forfeited benefits required to be restored under Section 8.03, after the application of all forfeitures available for such restoration.

Appears in 1 contract

Samples: Hourly Bargaining Unit Employees Savings Plan (Quanex Corp)

Restoration Contributions. The Employer shall, for each Plan Year, make a restoration contribution in an amount equal to the sum of (a) such amount, if any, as shall be necessary to fully restore all Matching Contribution Accounts and Supplemental Contribution Accounts required to be restored pursuant to the provisions of Section 8.02 9.02 after the application of all forfeitures available for such restoration; plus (b) an amount equal in value to the value of forfeited benefits required to be restored under Section 8.039.03, after the application of all forfeitures available for such restoration.

Appears in 1 contract

Samples: 401(k) Savings Plan Amendment and Restatement (Quanex Corp)

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