Common use of ACCRUAL COMPUTATION PERIOD Clause in Contracts

ACCRUAL COMPUTATION PERIOD. The Accrual Computation Period is the (check one): [ X ] (A) Plan Year [ ] (B) (A consecutive 12-month period ending with or within the Plan Year.) Enter the day and the month this period begins: [ ](day) [ ](month). For Employees whose date of hire is less than 12 months before the end of the 12-month period designated, Compensation will be determined over the Plan Year.

Appears in 2 contracts

Sources: Adoption Agreement (RBB Fund Inc), Defined Contribution Plan and Trust Agreement (Trust for Federal Securities)

ACCRUAL COMPUTATION PERIOD. The Accrual Computation Period is the (check one): [ X ] (A) Plan Year [ ] (B) (A B)(A consecutive 12-month period ending with or within the Plan Year.) Enter the day and the month this period begins: [ ](day) [ ](month). For Employees whose date of hire is less than 12 months before the end of the 12-month period designated, Compensation will be determined over the Plan Year.

Appears in 2 contracts

Sources: Defined Contribution Plan (Profit Sharing or Profit Sharing 401(k)) (Temporary Investment Fund Inc), Defined Contribution Plan Adoption Agreement (Chestnut Street Exchange Fund)