Common use of SPECIAL AGGREGATION RULE FOR HIGHLY COMPENSATED EMPLOYEES Clause in Contracts

SPECIAL AGGREGATION RULE FOR HIGHLY COMPENSATED EMPLOYEES. To determine the ADP of any Highly Compensated Employee, the deferral contributions taken into account must include any elective deferrals made by the Highly Compensated Employee under any other US Code ss.401(k) arrangement maintained by the Employer, unless the elective deferrals are to an ESOP. If the plans containing the US Code ss.401(k) arrangements have different plan years, the Advisory Committee will determine the combined deferral contributions on the basis of the plan years ending in the same calendar year.

Appears in 1 contract

Samples: Adoption Agreement (Checkfree Corp \Ga\)

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SPECIAL AGGREGATION RULE FOR HIGHLY COMPENSATED EMPLOYEES. To determine the ADP ALP of any Highly Compensated Employee, the deferral contributions taken into account must include any elective deferrals made by the Highly Compensated Employee under any other US Code ss.401(k(S)401(k) arrangement maintained by the Employer, unless the elective deferrals are to an ESOP. If the plans containing the US Code ss.401(k(S)401(k) arrangements have different plan years, the Advisory Committee will determine the combined deferral contributions on the basis of the plan years ending in the same calendar year.

Appears in 1 contract

Samples: Midcoast Energy Resources Inc

SPECIAL AGGREGATION RULE FOR HIGHLY COMPENSATED EMPLOYEES. To determine the ADP of any Highly Compensated Employee, the deferral contributions taken into account must include any elective deferrals made by the Highly Compensated Employee under any other US Code ss.401(k) arrangement (S)401(k)arrangement maintained by the Employer, unless the elective deferrals are to an ESOP. If the plans containing the US Code ss.401(k(S)401(k) arrangements have different plan years, the Advisory Committee will determine the combined deferral contributions on the basis of the plan years ending in the same calendar year.

Appears in 1 contract

Samples: Timberland Bancorp Inc

SPECIAL AGGREGATION RULE FOR HIGHLY COMPENSATED EMPLOYEES. To determine the ADP of any Highly Compensated Employee, the deferral contributions taken into account must include any elective deferrals made by 72 82 the Highly Compensated Employee under any other US Code ss.401(kSection 401(k) arrangement maintained by the Employer, unless the elective deferrals are to an ESOP. If the plans containing the US Code ss.401(kSection 401(k) arrangements have different plan years, the Advisory Committee will determine the combined deferral contributions on the basis of the plan years ending in the same calendar year.

Appears in 1 contract

Samples: Fidelity National Corp /Ga/

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SPECIAL AGGREGATION RULE FOR HIGHLY COMPENSATED EMPLOYEES. To determine the ADP of any Highly Compensated Employee, the deferral contributions taken into account must include any elective deferrals made by the Highly Compensated Employee under any other US Code ss.401(kSection 401(k) arrangement maintained by the Employer, unless the elective deferrals are to an ESOP. If the plans containing the US Code ss.401(kSection 401(k) arrangements have different plan years, the Advisory Committee will win determine the combined deferral contributions on the basis of the plan years ending in the same calendar year.

Appears in 1 contract

Samples: Transcrypt International Inc

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