TOP-HEAVY PROVISIONS. In the event the Plan is or becomes Top-Heavy, the minimum contribution or benefit required under Code Section 416 relating to Top-Heavy Plans shall be satisfied in the elected manner: x 1. This is the only Plan the Employer maintains or ever maintained. The minimum contribution will be satisfied by this Plan.
Appears in 2 contracts
Samples: Defined Contribution Plan (United Community Bancorp), Defined Contribution Plan (FNB United Corp.)
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. This is the only Plan the Employer maintains or ever maintained. The minimum contribution will be satisfied by this Plan.
Appears in 2 contracts
Samples: Nonstandardized Adoption Agreement (United Community Bancorp), Defined Contribution Plan (Fraternity Community 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 relating to Top-Heavy Plans shall be satisfied in the elected manner:
x ¨ 1. This is the only Plan the Employer maintains or ever maintained. The minimum contribution will be satisfied by this Plan.
Appears in 2 contracts
Samples: Defined Contribution Plan (Chicopee Bancorp, Inc.), Nonstandardized Adoption Agreement (Legacy 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 ¨ 1. This is the only Plan the Employer maintains or ever maintained. The minimum contribution will be satisfied by this Plan.
Appears in 1 contract
TOP-HEAVY PROVISIONS. In the event the Plan is or becomes Top-Heavy, the minimum contribution or benefit required under Code Section 416 relating to Top-Heavy Plans shall be satisfied in the elected manner:
x 1. This is the only Plan the Employer maintains or ever maintained. The minimum contribution will be satisfied by this Plan.
Appears in 1 contract
Samples: Defined Contribution Plan (Georgetown 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 relating to Top-Heavy Plans shall be satisfied in the elected manner:
x * 1. This is the only Plan the Employer maintains or ever maintained. The minimum contribution will be satisfied by this Plan.
Appears in 1 contract
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 relating to Top-Heavy Plans shall be satisfied in the elected manner:
x 1. This is the only Plan the Employer maintains or ever maintained. The minimum contribution will be satisfied by this Plan.
Appears in 1 contract
Samples: Savings and Investment Plan Document (Sterling Chemicals Inc)
