Common use of Return of Excess 415 Contributions Clause in Contracts

Return of Excess 415 Contributions. (a) If as a result of a reasonable error in estimating a Participant’s annual compensation; a reasonable error in determining the amount of elective deferrals under Section 402(g)(3) of the Code; or any other circumstances that the Internal Revenue Service shall determine meets the requirements of Section 1.415- 6(b) (6) of the Treasury Regulations, an excess annual addition occurs in any Participant’s Account, a distribution is permitted of such excess.

Return of Excess 415 Contributions. (a) If If, as a result of a reasonable error in estimating a Participant’s 's annual compensation; , a reasonable error in determining the amount of elective deferrals under Section 402(g)(3402(g) (3) of the Code; , or any other circumstances that the Internal Revenue Service shall determine meets the requirements of Section 1.415- 1.415-6(b) (6) of the Treasury Regulations, an excess annual addition occurs in any Participant’s Account's account, a distribution is permitted of such excess.

Return of Excess 415 Contributions. (a) If as a result of a reasonable error in estimating a Participant’s annual compensation; a reasonable reason- able error in determining the amount of elective deferrals under Section 402(g)(3) of the Code; or any other circumstances that the Internal Revenue Service shall determine meets the requirements of Section 1.415- 6(b) (6) of the Treasury Regulations, an excess annual addition occurs in any Participant’s Account, a distribution distribu- tion is permitted of such excess.