Common use of Suspension of Contributions Clause in Contracts

Suspension of Contributions. In the event of a complete discontinuance of contributions to this Plan, the vested percentage of each Participant in his Employer Account shall be 100%.

Appears in 3 contracts

Samples: Basic Plan Document (Fairfax Financial Holdings LTD/ Can), 401(k) Plan Document (Metals Usa Inc), 401(k) Plan Document (Metals Usa Inc)

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Suspension of Contributions. In the event of a complete discontinuance of substantial Employer contributions to this Plan, the vested percentage of each Participant in his Employer Account shall be 100%.

Appears in 2 contracts

Samples: Adoption Agreement (Sonic Corp), Adoption Agreement (BRPP LLC)

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