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Article I definition

Article I. Definitions 1.1 "Actual Deferral Percentage" shall mean the ratio (expressed as a percentage) of Elective Deferrals (including excess elective deferrals) contributed on behalf of an Eligible Employee for the Plan Year to the Eligible Employee's Compensation for the Plan Year. The Actual Deferral Percentage of an Eligible Employee who does not make an Elective Deferral is zero. 1.2 "Adoption Agreement" shall mean the document executed by the adopting Employer which contains all the options which may be selected and which incorporates this basic plan document by reference. 1.3 "Average Actual Deferral Percentage" shall mean the average (expressed as a percentage) of the Actual Deferral Percentages of the Eligible Employees in a group. 1.4 "Code" shall mean the Internal Revenue Code of 1986, as amended. 1.5 "Committee" shall mean the person or persons appointed by the Employer to administer the Plan in accordance with Section 6.1. If no such Committee is appointed by the Employer, the Employer shall act as the Committee. 1.6 "Compensation" shall mean, unless otherwise specified in the Adoption Agreement, in the case of an Employee other than a Self-Employed Individual, his or her section 3401(a) wages, which are actually paid during the applicable period. In the case of a Self-Employed Individual, Compensation shall mean his or her Earned Income. Unless otherwise specified in the Adoption Agreement, the applicable period shall be the Plan Year. If elected by the Employer in the Adoption Agreement, Compensation shall also include Employer contributions made pursuant to a salary reduction agreement with an Employee which are not currently includible in the gross income of the Employee by reason of the application of sections 125, 402(e)(3), 402(h)(1)(B) or 403(b) of the Code. Compensation shall not include amounts in excess of $150,000, as adjusted by the Secretary of the Treasury at the same time and in the same manner as under section 415(d) of the Code. In determining Compensation for purposes of the adjusted $150,000 limitation, the family member rules of section 414(q)(6) of the Code shall apply except that in applying such rules, the term "family" shall include only the Employee's spouse and any lineal descendants who have not attained age 19 before the close of the Plan Year. If, as a result of the application of such family member rules, the adjusted $150,000 limitation is exceeded, then (except for purposes of determining the portion of Compensation up...
Article IThe term “Person” shall be defined to include a sole proprietorship and its owner.
Article I. Definitions is hereby amended by deleting the defined term "DISTRIBUTOR" and adding the following new defined terms:

Examples of Article I in a sentence

  • If Article I applies to the Applicant, the permanent compliance timeframe in Article I supersedes some five-year compliance timeframes in certifications 2 and 3 below.

  • Capitalized terms used but not defined herein are defined in Article I of the Indenture, which also contains rules as to construction that shall be applicable hereto.

  • Capitalized terms used but not defined herein are defined in Article I of the Indenture, which also contains rules as to construction that shall be applicable herein.

  • The headings and subheadings of the Table of Contents, Articles and Sections contained in this Agreement, except the terms identified for definition in Article I and elsewhere in this Agreement, are inserted for convenience only and shall not affect the meaning or interpretation of this Agreement or any provision hereof.

  • Capitalized terms used in this Agreement shall have the meanings set forth in this Article I, or elsewhere in this Agreement.


More Definitions of Article I

Article I are changed wherever they appear to "Article II";
Article I. Definitions" of the Agreement shall be amended by adding the following definition: Montreal: Bank of Montreal/Xxxxxx Bank, a Canadian bank being represented by its office at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, 00000. The following definitions shall be amended to read as follows:
Article I. The name of the corporation is American Exploration Company."
Article I. NAME AND DEFINITIONS Section 1 Name................................................... 1
Article I. DEFINITIONS is amended as follows: a. The definition of "High Yield Notes" is deleted in its entirety and the following substituted in its stead:
Article I. Definitions" of the Agreement shall be amended to read as follows: Farm Credit: AgAmerica, FCB, a farm credit bank doingb business at 000 Xxxxx 00xx Xxxxxx, Xxxxx, Xxxxxxxx 00000-0000, as assignee of Farm Credit Services of the Midlands, P.C.A.
Article I f C \l "1" CONTINUATION OF PARTNERSHIP TC "CONTINUATION OF PARTNERSHIP" \f C \l "1"