Common use of TOP-HEAVY PROVISIONS Clause in Contracts

TOP-HEAVY PROVISIONS. In the event the Plan is or becomes Top-Heavy, the minimum contribution or benefit required under Code Section 416 and paragraph 14.3 of the Basic Plan Document #01 relating to Top-Heavy Plans shall be satisfied in the elected manner: [x] 1. The minimum contribution will be satisfied by this Plan. [ ] 2. The minimum contribution will be satisfied by (name of other Qualified Plan): ________ Minimum contribution or benefit to be provided (specify interest rates and mortality table, if applicable):

Appears in 4 contracts

Samples: Adoption Agreement (Connecticut Water Service Inc / Ct), Defined Contribution Plan (Savannah Bancorp Inc), Adoption Agreement (Connecticut Water Service Inc / Ct)

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TOP-HEAVY PROVISIONS. In the event the Plan is or becomes Top-Heavy, the minimum contribution or benefit required under Code Section 416 and paragraph 14.3 of the Basic Plan Document #01 relating to Top-Heavy Plans shall be satisfied in the elected manner: [x] 1. The minimum contribution will be satisfied by this Plan. [ ] 2. The minimum contribution will be satisfied by (name of other Qualified Plan): ________ Minimum contribution or benefit to be provided (specify interest rates and mortality table, if applicable):

Appears in 2 contracts

Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp), Defined Contribution Plan (Old Dominion Freight Line Inc/Va)

TOP-HEAVY PROVISIONS. In the event the Plan is or becomes Top-Heavy, the minimum contribution or benefit required under Code Section 416 and paragraph 14.3 of the Basic Plan Document #01 relating to Top-Heavy Plans shall be satisfied in the elected manner: [x] : 1. The minimum contribution will be satisfied by this Plan. [ ] . 2. The minimum contribution will be satisfied by (name of other Qualified Plan): ________ Minimum contribution or benefit to be provided (specify interest rates and mortality table, if applicable):

Appears in 1 contract

Samples: Adoption Agreement for Cash or Deferred Profit Sharing Plan (BBCN Bancorp Inc)

TOP-HEAVY PROVISIONS. In the event the Plan is or becomes Top-Heavy, the minimum contribution or benefit required under Code Section 416 and paragraph 14.3 of the Basic Plan Document #01 relating to Top-Heavy Plans shall be satisfied in the elected manner: [x] : x 1. The minimum contribution will be satisfied by this Plan. [ ] . o 2. The minimum contribution will be satisfied by (name of other Qualified Plan): ________ Minimum contribution or benefit to be provided (specify interest rates and mortality table, if applicable):): ______________

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (First Northwest Bancorp)

TOP-HEAVY PROVISIONS. In the event the Plan is or becomes Top-Heavy, the minimum contribution or benefit required under Code Section 416 and paragraph 14.3 14.2 of the Basic Plan Document #01 relating to Top-Heavy Plans shall be satisfied in the elected manner: [x] : x 1. The minimum contribution will be satisfied by this Plan. [ ] . o 2. The minimum contribution will be satisfied by (name of other Qualified Plan): ________ ): a. Minimum contribution or benefit to be provided (specify interest rates and mortality table, if applicable): b. Employees who will receive the minimum contribution or benefit under such other Plan:

Appears in 1 contract

Samples: Cash or Deferred Profit Sharing Plan Adoption Agreement (Willis Group Holdings LTD)

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TOP-HEAVY PROVISIONS. In the event the Plan is or becomes Top-Heavy, the minimum contribution or benefit required under Code Section 416 and paragraph 14.3 of the Basic Plan Document #01 relating to Top-Heavy Plans shall be satisfied in the elected manner: [x] : þ 1. The minimum contribution will be satisfied by this Plan. [ ] . o 2. The minimum contribution will be satisfied by (name of other Qualified Plan): ________ Minimum contribution or benefit to be provided (specify interest rates and mortality table, if applicable):): ______

Appears in 1 contract

Samples: Adoption Agreement (Sterling Chemicals Inc)

TOP-HEAVY PROVISIONS. In the event the Plan is or becomes Top-Heavy, the minimum contribution or benefit required under Code Section 416 and paragraph 14.3 of the Basic Plan Document #01 relating to Top-Heavy Plans shall be satisfied in the elected manner: [x] : þ 1. The minimum contribution will be satisfied by this Plan. [ ] . o 2. The minimum contribution will be satisfied by (name of other Qualified Plan): ________ Minimum contribution or benefit to be provided (specify interest rates and mortality table, if applicable):

Appears in 1 contract

Samples: Defined Contribution Plan (Athens Bancshares Corp)

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