Common use of Separate Accounting Requirements Clause in Contracts

Separate Accounting Requirements. Contributions and withdrawals of Xxxx 403(b) Contributions, and earnings or losses thereon, shall be credited and debited to each Participant’s Account and shall be separately accounted for under each Employee’s Account. Gains, losses, and other credits or charges shall be separately allocated on a reasonable and consistent basis for each Employee’s Xxxx 403(b) Contributions. Except as provided in Section 10.6, no contributions other than Xxxx 403(b) Contributions and properly attributable earnings may be credited to each Employee’s Xxxx subaccount.

Appears in 3 contracts

Samples: Adoption Agreement, Adoption Agreement, Adoption Agreement

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Separate Accounting Requirements. Contributions and withdrawals of Xxxx 403(b457(b) Contributions, and earnings or losses thereon, shall be credited and debited to each Participant’s Account and shall be separately accounted for under each Employee’s Account. Gains, losses, and other credits or charges shall be separately allocated on a reasonable and consistent basis for each EmployeeParticipant’s Xxxx 403(b457(b) Contributions. Except as provided in Section 10.6, no contributions other than Xxxx 403(b457(b) Contributions and properly attributable earnings may be credited to each EmployeeParticipant’s Xxxx subaccount.

Appears in 1 contract

Samples: www.sd5.k12.mt.us

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