Examples of Special Contributions in a sentence
Special Contributions under this paragraph (b) are made expressly conditioned on the Plan satisfying the provisions of Section 3.01(b).
The Special Contributions, if any, allocated to the Member under Section 3.02(a) or (c) shall be reduced and the amount of the reduction shall be reallocated to the other Members based on the ratio of each other Member’s Compensation during the Plan Year to the total Compensation during that Plan Year for all other Members.
These contributions shall be promptly paid to the Trustee by the Employer Notwithstanding the foregoing, with the permission of the Employer and under rules uniformly applicable to all employees similarly situated, an Employee may elect to have the Special Contributions allocated on his behalf under this paragraph (a) not contributed to this Plan, but rather contributed on his behalf to another eligible retirement plan (as defined in Sections 402(c)(8)(B)(iii)-(vi) of the Code) sponsored by the Employer.
In the event any Deferred Cash Contribution returned under this paragraph (d) were matched by Special Contributions, those Special Contributions, together with Earnings, shall be forfeited and used to reduce Employer Contributions.
The amount of the reduction attributable to the Member's matched Tax-Deferred Contributions shall be returned to the Member together with any earnings on those contributions to be returned, and the amount attributable to the Special Contributions shall be forfeited and used to reduce subsequent contributions payable by the Employer.