Common use of Suspension from Further Contributions Clause in Contracts

Suspension from Further Contributions. Upon making an After-Tax Account withdrawal, a Participant may not make additional After-Tax Contributions for a period of six months from the date the withdrawal payment is made.

Appears in 2 contracts

Samples: Salaried Savings Plan and Trust Agreement (Longview Fibre Co), 401(k) Plan and Trust Agreement (Longview Fibre Co)

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Suspension from Further Contributions. Upon making an After-Tax Account withdrawalIRS Approved Hardship Withdrawal, a Participant may not make additional Pre-Tax or After-Tax Contributions for a period of six 12 months from the date the withdrawal payment is made.

Appears in 1 contract

Samples: Employees' Savings Plan and Trust Agreement (Timken Co)

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Suspension from Further Contributions. Upon making an After-Tax Account withdrawal, a Participant may not make additional After-Tax Contributions for a period of six three months from the date the withdrawal payment is made.

Appears in 1 contract

Samples: Retirement Savings Plan and Trust Agreement (Southdown Inc)

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