Uniform Points Allocation Formula. The Plan Administrator will allocate the Employer contributions for a Plan Year in the same ratio that each Participant’s points (as elected in Adoption Agreement Section 3.04) bear to the total points of all Participants for the Plan Year.
Appears in 2 contracts
Samples: Defined Contribution Prototype Plan (MSC Software Corp), Defined Contribution Prototype Plan (Trimeris Inc)
Uniform Points Allocation Formula. The Plan Administrator will allocate the Employer contributions for a Plan Year in the same ratio that each Participant’s 's points (as elected in Adoption Agreement Section 3.04) bear to the total points of all Participants for the Plan Year.
Appears in 2 contracts
Samples: 401(k) Plan Adoption Agreement (Petco Animal Supplies Inc), Adoption Agreement (Bank of Granite Corp)
