Common use of True-up contributions Clause in Contracts

True-up contributions. The Employer may/may not contribute a True-Up Contribution for each Participant at the end of the Plan Year so that the total Matching Contribution for each Participant is calculated on an annual basis. [ ] May [X] May not Additional Matching Contributions: In addition, at the end of the Plan Year, the Employer may contribute Additional Matching Contributions to be allocated in the same proportion that the Matching Contribution made on behalf of each Participant during the Plan Year bears to the Matching Contribution made on behalf of all Participants during the Plan Year. [ ] Yes [X] No -------------------------------------------------------------------------------- -24- -------------------------------------------------------------------------------- Plan Document X. CONTRIBUTIONS Section --------------------------------------------------------------------------------

Appears in 1 contract

Samples: Non Standardized Profit Sharing/Thrift Plan With 401(k) Feature Adoption Agreement (Central Sprinkler Corp)

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True-up contributions. The Employer may/may not contribute a True-Up Contribution for each Participant at the end of the Plan Year so that the total Matching Contribution for each Participant is calculated on an annual basis. [ ] /X/ May [X] / / May not Not Additional Matching Contributions: In addition, at the end of the Plan Year, the Employer may contribute Additional Matching Contributions to be allocated in the same proportion that the Matching Contribution made on behalf of each Participant during the Plan Year bears to the Matching Contribution made on behalf of all Participants during the Plan Year. [ ] /X/ Yes [X] / / No -------------------------------------------------------------------------------- -24- -------------------------------------------------------------------------------- Plan Document X. CONTRIBUTIONS Section ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Non Standardized Profit Sharing/Thrift Plan With 401(k) Feature Adoption Agreement (Navigant International Inc)

True-up contributions. The Employer may/may not contribute a True-Up Contribution for each Participant at the end of the Plan Year so that the total Matching Contribution for each Participant is calculated on an annual basis. [ ] |X| May [X] |_| May not Additional Matching Contributions: In addition, at the end of the Plan Year, the Employer may contribute Additional Matching Contributions to be allocated in the same proportion that the Matching Contribution made on behalf of each Participant during the Plan Year year bears to the Matching Contribution made on behalf of all Participants during the Plan Year. [ ] |X| Yes [X] |_| No -------------------------------------------------------------------------------- -24- -------------------------------------------------------------------------------- September 24, 1997 Plan Document X. CONTRIBUTIONS Section --------------------------------------------------------------------------------Section

Appears in 1 contract

Samples: Non Standardized Profit Sharing/Thrift Plan With 401(k) Feature Adoption Agreement (Vtel Corp)

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True-up contributions. The Employer may/may not contribute a True-Up Contribution for each Participant at the end of the Plan Year so that the total Matching Contribution for each Participant is calculated on an annual basis. [ ] May [X] May not Additional Matching Contributions: In addition, at the end of the Plan Year, the Employer may contribute Additional Matching Contributions to be allocated in the same proportion that the Matching Contribution made on behalf of each Participant during the Plan Year bears to the Matching Contribution made on behalf of all Participants during the Plan Year. [ ] Yes [X] No -------------------------------------------------------------------------------- -24- -------------------------------------------------------------------------------- Plan Document X. CONTRIBUTIONS Section --------------------------------------------------------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Non Standardized Profit Sharing/Thrift Plan With 401(k) Feature Adoption Agreement (Central Sprinkler Corp)

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