Common use of SIMPLE - Compensation Clause in Contracts

SIMPLE - Compensation. For purposes of this Section 14.02(E), Compensation is limited as described in Section 1.07(E) and: (a) in the case of an Employee, means W-2 wages but increased by the Employee's elective deferrals under a 401(k) arrangement, SIMPLE XXX, SARSEP or 403(b) annuity; and (b) in the case of a Self Employed Individual, means Earned Income determined without regard to contributions made to this Plan.

Appears in 2 contracts

Samples: 401(k) Plan Adoption Agreement (Petco Animal Supplies Inc), Adoption Agreement (Gold Banc Corp Inc)

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SIMPLE - Compensation. For purposes of this Section 14.02(E), Compensation is limited as described in Section 1.07(E) and: (a) in the case of an Employee, means W-2 wages but increased by the Employee's ’s elective deferrals under a 401(k) arrangement, SIMPLE XXXIRA, SARSEP or 403(b) annuity; and (b) in the case of a Self Employed Individual, means Earned Income determined without regard to contributions made to this Plan.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan (MSC Software Corp)

SIMPLE - Compensation. For purposes of this Section 14.02(E), Compensation is limited as described in Section 1.07(E) and: (a) in the case of an Employee, means W-2 wages but increased by the Employee's elective deferrals under a 401(k) arrangement, SIMPLE XXXIRA, SARSEP or 403(b) annuity; and (b) in the case of a Self Employed Employex Individual, means Earned Income determined without regard to contributions made to this Plan.

Appears in 1 contract

Samples: Adoption Agreement (CRH Public LTD Co)

SIMPLE - Compensation. For purposes of this Section 14.02(E), Compensation is limited as described in Section 1.07(E) and: (a) in the case of an Employee, means W-2 wages but increased by the Employee's ’s elective deferrals under a 401(k) arrangement, . SIMPLE XXX, . SARSEP or 403(b) annuity; and (b) in the case of a Self Employed Individual, means Earned Income determined without regard to contributions made to this Plan.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan (Trimeris Inc)

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SIMPLE - Compensation. For purposes of this Section 14.02(E), Compensation is limited as described in Section 1.07(E) and: (a) in the case of an Employee, means W-2 wages but increased by the Employee's elective deferrals under a 401(k) arrangement, SIMPLE XXX, SARSEP or 403(b403 (b) annuity; and (b) in the case of a Self Employed Individual, means Earned Income determined without regard to contributions made to this Plan.

Appears in 1 contract

Samples: Adoption Agreement (Bank of Granite Corp)

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