Common use of Time and Method of Forfeiture Restoration Clause in Contracts

Time and Method of Forfeiture Restoration. If none of the conditions in Section 5.04(A) preventing restoration of the Participant's Account Balance applies, the Plan Administrator will restore the Participant's Account Balance as of the Plan Year Accounting Date coincident with or immediately following the repayment. To restore the Participant's Account Balance, the Plan Administrator, to the extent necessary, will allocate to the Participant's Account:

Appears in 3 contracts

Samples: Participation Agreement (Petco Animal Supplies Inc), Adoption Agreement (Gold Banc Corp Inc), Bank of Granite Corp

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Time and Method of Forfeiture Restoration. If none of the conditions in Section 5.04(A) preventing restoration of the Participant's ’s Account Balance applies, the Plan Administrator will restore the Participant's ’s Account Balance as of the Plan Year Accounting Date coincident with or immediately following the repayment. To restore the Participant's ’s Account Balance, the Plan Administrator, to the extent necessary, will allocate to the Participant's ’s Account:

Appears in 2 contracts

Samples: Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Trimeris Inc

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