Common use of Xxxx and Pre-Tax Deferrals Clause in Contracts

Xxxx and Pre-Tax Deferrals. If a Participant who will receive a distribution of Excess Deferrals, in the Taxable Year for which the corrective distribution is made, has contributed both Pre-Tax Deferrals and Xxxx Deferrals, the Plan Administrator operationally will determine the Elective Deferral Account source(s) from which it will direct the Trustee to make the corrective distribution. The Plan Administrator also may permit the affected Participant to elect the source(s) from which the Trustee will make the corrective distribution. However, the amount of a corrective distribution of Excess Deferrals to any Participant from the Pre-Tax Deferral or Xxxx Deferral sources under this Section 4.10(A)(10) may not exceed the amount of the Participant's Pre-Tax Deferrals or Xxxx Deferrals for the Taxable Year of the correction.

Xxxx and Pre-Tax Deferrals. If a Participant an HCE who will receive a distribution of Excess DeferralsContributions, in the Taxable Plan Year for which the corrective distribution is made, has contributed both Pre-Tax Deferrals and Xxxx Deferrals, the Plan Administrator operationally will determine the Elective Deferral Account source(s) from which it will direct the Trustee to make the corrective distribution. The Plan Administrator also may permit the affected Participant to elect the source(s) from which the Trustee will make the corrective distribution. However, the amount of a corrective distribution of Excess Deferrals Contributions to any Participant from the Pre-Tax Deferral or Xxxx Deferral sources under this Section 4.10(A)(104.10(B)(8)(c) may not exceed the amount of the Participant's ’s Pre-Tax Deferrals or Xxxx Deferrals for the Taxable Year of the correctionTesting Year.

Xxxx and Pre-Tax Deferrals. If a Participant who will receive a distribution of Excess Deferrals, in the Taxable Year for which the corrective distribution is made, has contributed both Pre-Tax Deferrals and Xxxx Deferrals, the Plan Administrator operationally will determine the Elective Deferral Account source(s) from which it will direct the Trustee to make the corrective distribution. The Plan Administrator also may permit the affected Participant to elect the source(s) from which the Trustee will make the corrective distribution. However, the amount of a corrective distribution of Excess Deferrals to any Participant from the Pre-Tax Deferral or Xxxx Deferral sources under this Section 4.10(A)(10) may not exceed the amount of the Participant's ’s Pre-Tax Deferrals or Xxxx Deferrals for the Taxable Year of the correction.

Xxxx and Pre-Tax Deferrals. If a Participant an HCE who will receive a distribution of Excess DeferralsContributions, in the Taxable Plan Year for which the corrective distribution is made, has contributed both Pre-Tax Deferrals and Xxxx Deferrals, the Plan Administrator operationally will determine the Elective Deferral Account source(s) from which it will direct the Trustee to make the corrective distribution. The Plan Administrator also may permit the affected Participant to elect the source(s) from which the Trustee will make the corrective distribution. However, the amount of a corrective distribution of Excess Deferrals Contributions to any Participant from the Pre-Tax Deferral or Xxxx Deferral sources under this Section 4.10(A)(104.10(B)(8)(c) may not exceed the amount of the Participant's Pre-Tax Deferrals or Xxxx Deferrals for the Taxable Year of the correctionTesting Year.

Xxxx and Pre-Tax Deferrals. If a Participant an HCE who will receive a distribution of Excess DeferralsContributions, in the Taxable Plan Year for which the corrective distribution is made, has contributed both Pre-Tax Pre‑Tax Deferrals and Xxxx Deferrals, the Plan Administrator operationally will determine the Elective Deferral Account source(s) from which it will direct the Trustee to make the corrective distribution. The Plan Administrator also may permit the affected Participant to elect the source(s) from which the Trustee will make the corrective distribution. However, the amount of a corrective distribution of Excess Deferrals Contributions to any Participant from the Pre-Tax Pre‑Tax Deferral or Xxxx Deferral sources under this Section 4.10(A)(104.10(B)(8)(c) may not exceed the amount of the Participant's Pre-Tax Pre‑Tax Deferrals or Xxxx Deferrals for the Taxable Year of the correctionTesting Year.

Xxxx and Pre-Tax Deferrals. If a Participant who will receive a distribution of Excess Deferrals, in the Taxable Year for which the corrective distribution is made, has contributed both Pre-Tax Pre‑Tax Deferrals and Xxxx Deferrals, the Plan Administrator operationally will determine the Elective Deferral Account source(s) from which it will direct the Trustee to make the corrective distribution. The Plan Administrator also may permit the affected Participant to elect the source(s) from which the Trustee will make the corrective distribution. However, the amount of a corrective distribution of Excess Deferrals to any Participant from the Pre-Tax Pre‑Tax Deferral or Xxxx Deferral sources under this Section 4.10(A)(104.10(A)(9) may not exceed the amount of the Participant's Pre-Tax Pre‑Tax Deferrals or Xxxx Deferrals for the Taxable Year of the correction.