Common use of Top-Heavy Duplications Clause in Contracts

Top-Heavy Duplications. (Plan Section 4.3(i)): When a Non-Key Employee is a Participant in this Plan and a Defined Benefit Plan maintained by the Employer, indicate which method shall be utilized to avoid duplication of top heavy minimum benefits (If b., c., d. or e. is elected, f. must be completed) a. [X] N/A. The Employer does not maintain a Defined Benefit Plan. (Go to next Question) b. [ ] The full top heavy minimum will be provided in each plan (if selected, Plan Section 4.3(i) shall not apply). c. [ ] 5% defined contribution minimum. d. [ ] 2% defined benefit minimum. e. [ ] Specify the method under which the Plans will provide top heavy minimum benefits for Non-Key Employees that will preclude Employer discretion and avoid inadvertent omissions: NOTE: If c., d., or e. is selected and the Defined Benefit Plan and this Plan do not benefit the same Participants, the uniformity requirement of the Section 401(a)(4) Regulations may be violated. f. [ ] Interest Rate: ___________________________________________________ Mortality Table: __________________________________________________

Top-Heavy Duplications. (Plan Section 4.3(i)): When a Non-Key Employee is a Participant in this Plan and a Defined Benefit Plan maintained by the Employer, indicate which method shall be utilized to avoid duplication of top heavy minimum benefits benefits: (If b., c., d. or e. is elected, f. must be completed.) a. [X[ ] N/A. The Employer does not maintain a Defined Benefit Plan. (Go to next Question) b. [ ] The full top heavy minimum will be provided in each plan (if selected, Plan Section 4.3(i) shall not apply). c. [ [X] 5% defined contribution minimum. . d. [ ] 2% defined benefit minimum. . e. [ ] Specify the method under which the Plans will provide top heavy minimum benefits for Non-Key Employees that will preclude Employer discretion and avoid inadvertent omissions: NOTE: If c., d., or e. is selected and the Defined Benefit Plan and this Plan do not benefit the same Participants, the uniformity requirement of the Section 401(a)(4) Regulations may be violated. f. [ ] Interest Rate: ___________________________________________________ Mortality Table: ___________________________________________________ NOTE:If c., d., or e. is selected and the Defined Benefit Plan and this Plan do not benefit the same Participants, the uniformity requirement of the Section 401(a)(4) Regulations may be violated. AND, the "Present Value of Accrued Benefit" (Plan Section 9.2) for Top Heavy purposes shall be based on...

Top-Heavy Duplications. (Plan Section 4.3(i)): When a Non-Key Employee is a Participant in this Plan and a Defined Benefit Plan maintained by the Employer, indicate which method shall be utilized to avoid duplication of top heavy minimum benefits benefits: (If b., c., d. or e. is elected, f. must be completed.) a. [X] N/A. The Employer does not maintain a Defined Benefit Plan. (Go to next Question) b. [ ] The full top heavy minimum will be provided in each plan (if selected, Plan Section 4.3(i) shall not apply). c. [ ] 5% defined contribution minimum. . d. [ ] 2% defined benefit minimum. . e. [ ] Specify the method under which the Plans will provide top heavy minimum benefits for Non-Key Employees that will preclude Employer discretion and avoid inadvertent omissions: NOTE: If c., d., or e. is selected and the Defined Benefit Plan and this Plan do not benefit the same Participants, the uniformity requirement of the Section 401(a)(4) Regulations may be violated. f. [ ] Interest Rate: ___________________________________________________ Mortality Table: ___________________________________________________ NOTE: If c., d., or e. is selected and the Defined Benefit Plan and this Plan do not benefit the same Participants, the uniformity requirement of the Section 401(a)(4) Regulations may be violated.

Top-Heavy Duplications. (Plan Section 4.3(i)): When a Non-Key Employee is a Participant in this Plan and a Defined Benefit Plan maintained by the Employer, indicate which method shall be utilized to avoid duplication of top heavy minimum benefits benefits: (If b., c., d. or e. is elected, f. must be completed.) a. [X[ ] N/A. The Employer does not maintain a Defined Benefit Plan. (Go to next Question) b. [ ] The full top heavy minimum will be provided in each plan (if selected, Plan Section 4.3(i) shall not apply). c. [ ] 5% defined contribution minimum. d. [ ] 2% defined benefit minimum. e. [ x ] Specify the method under which the Plans will provide top heavy minimum benefits for Non-Key Employees that will preclude Employer discretion and avoid inadvertent omissions: A MINIMUM ACCRUED BENEFIT UNDER THE DEFINED BENEFIT PLAN EQUAL TO 2% MULTIPLIED BY THE HIGHEST AVERAGE COMPENSATION BUT NOT MORE THAN 2% AS SPECIFIED IN SEC. 4.3(I) ------------------------------------------------------- NOTE: If c., d., or e. is selected and the Defined Benefit Plan and this Plan do not benefit the same Participants, the uniformity requirement of the Section 401(a)(4) Regulations may be violated.. AND, the "Present Value of Accrued Benefit" (Plan Section 9.2) for Top Heavy purposes shall be based on... f. [ x ] Interest Rate: ___________________________________________________ 8.00 ------------------ Mortality Table: __________________________________________________1983 GROUP ANNUITY ------------------