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 and Trust Agreement (MSC Software Corp), 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: Participation Agreement (Petco Animal Supplies Inc), Bank of Granite Corp