Common use of THE AGGREGATE LIMIT TEST Clause in Contracts

THE AGGREGATE LIMIT TEST. Notwithstanding any other provision of the Plan, effective for Plan Years beginning after December 31, 1996, the sum of the actual deferral percentage and the actual contribution percentage determined in accordance with the procedures described above of those Employees who are Highly Compensated Employees may not exceed the aggregate limit as determined below. For purposes of this Article III, the "aggregate limit" for a Plan Year is the greater of:

Appears in 6 contracts

Samples: Agreement (Central Federal Corp), Adoption Agreement (Allied First Bancorp Inc), Adoption Agreement (CCSB Financial Corp)

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THE AGGREGATE LIMIT TEST. Notwithstanding any other provision of the Plan, effective for Plan Years beginning after December 31, 1996, the sum of the actual deferral percentage and the actual contribution percentage determined in accordance with the procedures described above of those Employees who are Highly Compensated Employees may not exceed the aggregate limit as determined below. For purposes of this Article III, the "β€œaggregate limit" ” for a Plan Year is the greater of:

Appears in 1 contract

Samples: Adoption Agreement (Ottawa Savings Bancorp, Inc.)

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THE AGGREGATE LIMIT TEST. Notwithstanding any other provision of the Plan, effective for Plan Years beginning after December 31, 1996, the sum of the actual deferral percentage and the actual contribution percentage determined in accordance with the procedures described above of those Employees who are Highly Compensated Employees may not exceed the aggregate limit as determined below. For purposes of this Article III, the "`aggregate limit" ' for a Plan Year is the greater of:

Appears in 1 contract

Samples: Adoption Agreement (Bridge Street Financial Inc)

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