Common use of Timing, Medium and Posting Clause in Contracts

Timing, Medium and Posting. The Employer shall make each period’s Special Contribution in cash as soon as is feasible, but no later than twelve (12) months after the end of the Plan Year to which it is allocated. The Administrator shall post such amount to each Participant’s Special Account once the total Contribution received by the Custodian has been balanced against the specific amount to be credited to each Participant’s Special Account.

Appears in 4 contracts

Samples: Salaried 401(k) Plan (Pepsiamericas Inc/Il/), 401(k) Plan (Pepsiamericas Inc/Il/), Salaried 401(k) Plan (Pepsiamericas Inc/Il/)

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