Common use of Usage of Forfeitures of QACA Contribution Account Clause in Contracts

Usage of Forfeitures of QACA Contribution Account. If the Vesting schedule selected in Section 3.3(d) above is other than 100% full and immediate, then pursuant to Section 3.3(c) of the Amendment, Forfeitures that are not used for the purposes described in Section 3.3(c) of the Amendment will be: (check one) ¨ Used to reduce any, or any combination of, Employer contributions, as determined by the Administrator ¨ Added to any, or any combination of, Employer contributions, as determined by the Administrator

Appears in 3 contracts

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc), 401(k) Non Standardized Prototype Adoption Agreement (Enpro Industries, Inc), 401(k) Adoption Agreement (Pacific Capital Bancorp /Ca/)

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Usage of Forfeitures of QACA Contribution Account. If the Vesting schedule selected in Section 3.3(d) above is other than 100% full and immediate, then pursuant to Section 3.3(c) of the Amendment, Forfeitures that are not used for the purposes described in Section 3.3(c) of the Amendment will be: (check one) ¨ o Used to reduce any, or any combination of, Employer contributions, as determined by the Administrator ¨ o Added to any, or any combination of, Employer contributions, as determined by the Administrator

Appears in 1 contract

Samples: 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De)

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