Common use of Allocation Conditions Clause in Contracts

Allocation Conditions. Select r. OR s. and all that apply of t., u., or v. Note: If the ACP test safe harbor provision is used (Question 29.c.), no conditions (option r. below) must be selected. r. [ ] No conditions. All Participants share in the allocations regardless of service completed during the Plan Year or employment status at the end of the Plan Year. (skip to next Question.) s. [ ] Conditions for Participants NOT employed at the end of the Plan Year. 1. [ ] A Participant must complete more than (not to exceed 500) Hours of Service (or (not to exceed 3) months of service if the Elapsed Time method is selected). 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 3. [ ] Participants will NOT share in the allocations, regardless of service. (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 4. [ ] Participants will share in the allocations, regardless of service. 5. [ ] Other: (must be definitely determinable, not subject to Employer discretion and may not require more than one Year of Service (or Period of Service if the Elapsed Time method is elected)). t. [ ] AND, Waiver of conditions for Participants NOT employed at the end of the Plan Year. Participants who are not employed at the end of the Plan Year due to the following shall be eligible to share in the allocations regardless of the above conditions (select all that apply): 1. [ ] Death. 2. [ ] Total and Permanent Disability. 3. [ ] Early or Normal Retirement. u. [ ] Conditions for Participants employed at the end of the Plan Year. (Options 2. and 3. could cause the Plan to violate coverage requirements under Code Section 410(b).) 1. [ ] No service requirement. 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). 3. [ ] A Participant must complete at least (not to exceed 1,000) Hours of Service during the Plan Year. v. [ ] Code Section 410(b) fail-safe. If s.2. or 3. and/or u.2. or 3. is selected, shall the Code Section 410(b) ratio percentage fail-safe provisions apply (Plan Section 12.3(f))? 1. [ ] No or N/A. 2. [ ] Yes, the Plan must satisfy the ratio percentage test of Code Section 410(b).

Allocation Conditions. Select r. OR s. and all that apply of t., u., or v. Note: If the ACP test safe harbor provision is used (Question 29.c.), no conditions (option r. below) must be selected. r. [ ] No conditions. All Participants share in the allocations regardless of service completed during the Plan Year or employment status at the end of the Plan Year. (skip to next Question.) s. [ [X] Conditions for Participants NOT employed at the end of the Plan Year. 1. [ ] A Participant must complete more than (not to exceed 500) Hours of Service (or (not to exceed 3) months of service if the Elapsed Time method is selected). 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 3. [ [X] Participants will NOT share in the allocations, regardless of service. (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 4. [ ] Participants will share in the allocations, regardless of service. 5. [ ] Other: (must be definitely determinable, not subject to Employer discretion and may not require more than one Year of Service (or Period of Service if the Elapsed Time method is elected)). t. [ [X] AND, Waiver of conditions for Participants NOT employed at the end of the Plan Year. Participants who are not employed at the end of the Plan Year due to the following shall be eligible to share in the allocations regardless of the above conditions (select all that apply): 1. [ [X] Death. 2. [ [X] Total and Permanent Disability. 3. [ [X] Early or Normal Retirement. u. [ [X] Conditions for Participants employed at the end of the Plan Year. (Options 2. and 3. could cause the Plan to violate coverage requirements under Code Section 410(b).) 1. [ ] No service requirement. 2. [ [X] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). 3. [ ] A Participant must complete at least (not to exceed 1,000) Hours of Service during the Plan Year. v. [ [X] Code Section 410(b) fail-safe. If s.2. or 3. and/or u.2. or 3. is selected, shall the Code Section 410(b) ratio percentage fail-safe provisions apply (Plan Section 12.3(f))? 1. [ ] No or N/A. 2. [ [X] Yes, the Plan must satisfy the ratio percentage test of Code Section 410(b).

Allocation Conditions. Select r. OR s. and all that apply of t., u., or v. Note: If the ACP test safe harbor provision is used (Question 29.c.. of the Adoption Agreement or 5.c. of the Multiple Employer Participation Agreement), no conditions (option r. below) must be selected. r. [ ] No conditions. All Participants share in the allocations regardless of service completed during the Plan Year or employment status at the end of the Plan Year. (skip to next Question.) s. [ ] Conditions for Participants NOT employed at the end of the Plan Year. 1. [ ] A Participant must complete more than (not to exceed 500) Hours of Service (or (not to exceed 3) months of service if the Elapsed Time method is selected). 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 3. [ ] Participants will NOT share in the allocations, regardless of service. (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 4. [ ] Participants will share in the allocations, regardless of service. (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 5. [ ] Other: (must be definitely determinable, not subject to Employer discretion and may not require more than one Year of Service (or Period of Service if the Elapsed Time method is elected)). t. [ ] AND, Waiver of conditions for Participants NOT employed at the end of the Plan Year. Participants who are not employed at the end of the Plan Year due to the following shall be eligible to share in the allocations regardless of the above conditions (select all that apply): 1. [ ] Death. 2. [ ] Total and Permanent Disability. 3. [ ] Early or Normal Retirement. u. [ ] Conditions for Participants employed at the end of the Plan Year. (Options 2. and 3. could cause the Plan to violate coverage requirements under Code Section 410(b).) 1. [ ] No service requirement. 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). 3. [ ] A Participant must complete at least (not to exceed 1,000) Hours of Service during the Plan Year. v. [ ] Code Section 410(b) fail-safe. If s.2. or 3. and/or u.2. or 3. is selected, shall the Code Section 410(b) ratio percentage fail-safe provisions apply (Plan Section 12.3(f))? 1. [ ] No or N/A. 2. [ ] Yes, the Plan must satisfy the ratio percentage test of Code Section 410(b).

Allocation Conditions. Select r. p. OR s. q. and all that apply of t.r., u.s., or v. t. Note: If the ACP test safe harbor provision is used (Question 29.c.), no conditions (option r. p. below) must be selected. r. p. [ ] No conditions. All Participants share in the allocations regardless of service completed during the Plan Year or employment status at the end of the Plan Year. (skip to next Question.) s. q. [ ] Conditions for Participants NOT employed at the end of the Plan Year. 1. [ ] A Participant must complete more than (not to exceed 500) Hours of Service (or (not to exceed 3) months of service if the Elapsed Time method is selected). 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 3. [ ] Participants will NOT share in the allocations, regardless of service. (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 4. [ ] Participants will share in the allocations, regardless of service. 5. [ ] Other: (must be definitely determinable, not subject to Employer discretion and may not require more than one Year of Service (or Period of Service if the Elapsed Time method is elected)). t. r. [ ] AND, Waiver of conditions for Participants NOT employed at the end of the Plan Year. Participants who are not employed at the end of the Plan Year due to the following shall be eligible to share in the allocations regardless of the above conditions (select all that apply): 1. [ ] Death. 2. [ ] Total and Permanent Disability. 3. [ ] Early or Normal Retirement. u. s. [ ] Conditions for Participants employed at the end of the Plan Year. (Options 2. and 3. could cause the Plan to violate coverage requirements under Code Section 410(b).) 1. [ ] No service requirement. 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). 3. [ ] A Participant must complete at least (not to exceed 1,000) Hours of Service during the Plan Year. v. t. [ ] Code Section 410(b) fail-safe. If s.2q.2. or 3. and/or u.2s.2. or 3. is selected, shall the Code Section 410(b) ratio percentage fail-safe provisions apply (Plan Section 12.3(f))? 1. [ ] No or N/A. 2. [ ] Yes, the Plan must satisfy the ratio percentage test of Code Section 410(b). Interest Assumptions Interest Assumptions Age 7.5% 8.0% 8.5% Years prior to NRA 7.5% 8.0% 8.5% 55 124.24 119.46 115.01 45 0.038603 0.031328 0.025448 56 122.23 117.61 113.31 44 0.041498 0.033834 0.027612 57 120.15 115.70 111.54 43 0.044610 0.036541 0.029959 58 118.01 113.72 109.71 42 0.047956 0.039464 0.032505 59 115.81 111.69 107.83 41 0.051553 0.042621 0.035268 60 113.55 109.59 105.89 40 0.055419 0.046031 0.038266 61 111.23 107.41 103.88 39 0.059576 0.049713 0.041518 62 108.86 105.23 101.83 38 0.064041 0.053690 0.045047 63 106.41 102.98 99.72 37 0.068847 0.057986 0.048876 64 103.98 100.68 97.57 36 0.074011 0.062624 0.053031 65 101.49 98.35 95.38 35 0.079562 0.067634 0.057539 66 98.97 95.98 93.16 34 0.085529 0.073045 0.062429 67 96.41 93.60 90.92 33 0.091943 0.078889 0.067736 68 93.89 91.21 88.66 32 0.098839 0.085200 0.073493 69 91.31 88.78 86.37 31 0.106252 0.092016 0.079740 70 88.70 86.30 84.03 30 0.114221 0.099377 0.086518 71 86.04 83.79 81.65 29 0.122787 0.107327 0.093872 72 83.35 81.24 79.22 28 0.131997 0.115914 0.101851 73 80.64 78.66 76.77 27 0.141896 0.125187 0.110509 74 77.91 76.06 74.29 26 0.152538 0.135202 0.119902 75 75.18 73.45 71.80 25 0.163979 0.146018 0.130094 76 72.45 70.85 69.31 24 0.176277 0.157699 0.141152 77 69.75 68.26 66.83 23 0.189498 0.170315 0.153150 78 67.07 65.70 64.37 22 0.203710 0.183940 0.166167 79 64.42 63.14 61.92 21 0.218989 0.198656 0.180291 80 61.78 60.61 59.48 20 0.235413 0.214548 0.195616 19 0.253069 0.231712 0.212241 18 0.272049 0.250249 0.230284 17 0.292453 0.270269 0.249859 16 0.314387 0.291890 0.271097 15 0.337966 0.315242 0.294140 14 0.363313 0.340461 0.319142 13 0.390562 0.367698 0.346269 12 0.419854 0.397114 0.375702 11 0.451343 0.428883 0.407636 10 0.485194 0.463193 0.412285 9 0.521583 0.500249 0.479880 8 0.560702 0.540269 0.520669 7 0.602755 0.583490 0.564926 6 0.647961 0.630169 0.612945 5 0.696558 0.680583 0.665045 4 0.748800 0.735030 0.721574 3 0.804960 0.793832 0.782908 2 0.865333 0.857339 0.849455 1 0.930233 0.925926 0.921659 0 1.000000 1.000000 1.000000 past NRA 1.000000 1.000000 1.000000 The Employer, by executing this Participation Agreement, elects to become a Participating Employer in the Plan, to continue participation in the Plan or to cease status as a Participating Employer. The Participating Employer accepts, and agrees to be bound by, all of the elections granted under the provisions of the Volume Submitter Plan as made by the Signatory Employer to the Execution Page of the Adoption Agreement, except as otherwise provided in this Participation Agreement. The Participating Employer also agrees to the Signatory Employer's future amendment or termination of the Plan in accordance with Articles VIII and XI of the Plan. [Note: Each Participating Employer must execute a separate Participation Agreement.] ▇. PARTICIPATING EMPLOYER INFORMATION a. Name: b. Address: Street City State Zip c. Telephone: d. Taxpayer Identification Number (TIN): e. Fiscal Year:

Allocation Conditions. Select r. p. OR s. q. and all that apply of t.r., u.s., or v. t. Note: If the ACP test safe harbor provision is used (Question 29.c.), no conditions (option r. p. below) must be selected. r. p. [ ] No conditions. All Participants share in the allocations regardless of service completed during the Plan Year or employment status at the end of the Plan Year. (skip to next Question.) s. q. [ ] Conditions for Participants NOT employed at the end of the Plan Year. 1. [ ] A Participant must complete more than (not to exceed 500) Hours of Service (or (not to exceed 3) months of service if the Elapsed Time method is selected). 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 3. [ ] Participants will NOT share in the allocations, regardless of service. (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 4. [ ] Participants will share in the allocations, regardless of service. 5. [ ] Other: (must be definitely determinable, not subject to Employer discretion and may not require more than one Year of Service (or Period of Service if the Elapsed Time method is elected)). t. r. [ ] AND, Waiver of conditions for Participants NOT employed at the end of the Plan Year. Participants who are not employed at the end of the Plan Year due to the following shall be eligible to share in the allocations regardless of the above conditions (select all that apply): 1. [ ] Death. 2. [ ] Total and Permanent Disability. 3. [ ] Early or Normal Retirement. u. s. [ ] Conditions for Participants employed at the end of the Plan Year. (Options 2. and 3. could cause the Plan to violate coverage requirements under Code Section 410(b).) 1. [ ] No service requirement. 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). 3. [ ] A Participant must complete at least (not to exceed 1,000) Hours of Service during the Plan Year. v. t. [ ] Code Section 410(b) fail-safe. If s.2q.2. or 3. and/or u.2s.2. or 3. is selected, shall the Code Section 410(b) ratio percentage fail-safe provisions apply (Plan Section 12.3(f))? 1. [ ] No or N/A. 2. [ ] Yes, the Plan must satisfy the ratio percentage test of Code Section 410(b). Interest Assumptions Interest Assumptions Age 7.5% 8.0% 8.5% Years prior to NRA 7.5% 8.0% 8.5% 55 124.24 119.46 115.01 45 0.038603 0.031328 0.025448 56 122.23 117.61 113.31 44 0.041498 0.033834 0.027612 57 120.15 115.70 111.54 43 0.044610 0.036541 0.029959 58 118.01 113.72 109.71 42 0.047956 0.039464 0.032505 59 115.81 111.69 107.83 41 0.051553 0.042621 0.035268 60 113.55 109.59 105.89 40 0.055419 0.046031 0.038266 61 111.23 107.41 103.88 39 0.059576 0.049713 0.041518 62 108.86 105.23 101.83 38 0.064041 0.053690 0.045047 63 106.41 102.98 99.72 37 0.068847 0.057986 0.048876 64 103.98 100.68 97.57 36 0.074011 0.062624 0.053031 65 101.49 98.35 95.38 35 0.079562 0.067634 0.057539 66 98.97 95.98 93.16 34 0.085529 0.073045 0.062429 67 96.41 93.60 90.92 33 0.091943 0.078889 0.067736 68 93.89 91.21 88.66 32 0.098839 0.085200 0.073493 69 91.31 88.78 86.37 31 0.106252 0.092016 0.079740 70 88.70 86.30 84.03 30 0.114221 0.099377 0.086518 71 86.04 83.79 81.65 29 0.122787 0.107327 0.093872 72 83.35 81.24 79.22 28 0.131997 0.115914 0.101851 73 80.64 78.66 76.77 27 0.141896 0.125187 0.110509 74 77.91 76.06 74.29 26 0.152538 0.135202 0.119902 75 75.18 73.45 71.80 25 0.163979 0.146018 0.130094 76 72.45 70.85 69.31 24 0.176277 0.157699 0.141152 77 69.75 68.26 66.83 23 0.189498 0.170315 0.153150 78 67.07 65.70 64.37 22 0.203710 0.183940 0.166167 79 64.42 63.14 61.92 21 0.218989 0.198656 0.180291 80 61.78 60.61 59.48 20 0.235413 0.214548 0.195616 19 0.253069 0.231712 0.212241 18 0.272049 0.250249 0.230284 17 0.292453 0.270269 0.249859 16 0.314387 0.291890 0.271097 15 0.337966 0.315242 0.294140 14 0.363313 0.340461 0.319142 13 0.390562 0.367698 0.346269 12 0.419854 0.397114 0.375702 11 0.451343 0.428883 0.407636 10 0.485194 0.463193 0.412285 9 0.521583 0.500249 0.479880 8 0.560702 0.540269 0.520669 7 0.602755 0.583490 0.564926 6 0.647961 0.630169 0.612945 5 0.696558 0.680583 0.665045 4 0.748800 0.735030 0.721574 3 0.804960 0.793832 0.782908 2 0.865333 0.857339 0.849455 1 0.930233 0.925926 0.921659 0 1.000000 1.000000 1.000000 past NRA 1.000000 1.000000 1.000000 The Affiliated Employer, by executing this Participation Agreement, elects to become a Participating Employer in the Plan, to continue participation in the Plan or to cease status as a Participating Employer. The Participating Employer accepts, and agrees to be bound by, all of the elections granted under the provisions of the Prototype Plan as made by the Signatory Employer to the Execution Page of the Adoption Agreement, except as otherwise provided in this Participation Agreement. The Participating Employer also agrees to the Signatory Employer's future amendment or termination of the Plan in accordance with Articles VIII and XI of the Plan. [Note: Each Participating Employer must execute a separate Participation Agreement.] A. AFFILIATED EMPLOYER INFORMATION a. Name: b. Address: Street City State Zip c. Telephone: d. Taxpayer Identification Number (TIN): e. Fiscal Year: B. EFFECTIVE DATE(S)

Allocation Conditions. Select r. p. OR s. q. and all that apply of t.r., u.s., or v. t. Note: If the ACP test safe harbor provision is used (Question 29.c.. of the Adoption Agreement or Question 5.c. on the Multiple Employer Participation Agreement), no conditions (option r. p. below) must be selected. r. p. [ ] No conditions. All Participants share in the allocations regardless of service completed during the Plan Year or employment status at the end of the Plan Year. (skip to next Question.) s. q. [ ] Conditions for Participants NOT employed at the end of the Plan Year. 1. [ ] A Participant must complete more than (not to exceed 500) Hours of Service (or (not to exceed 3) months of service if the Elapsed Time method is selected). 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 3. [ ] Participants will NOT share in the allocations, regardless of service. (Could cause the Plan to violate coverage requirements under Code Section 410(b).) 4. [ ] Participants will share in the allocations, regardless of service. 5. [ ] Other: (must be definitely determinable, not subject to Employer discretion and may not require more than one Year of Service (or Period of Service if the Elapsed Time method is elected)). t. r. [ ] AND, Waiver of conditions for Participants NOT employed at the end of the Plan Year. Participants who are not employed at the end of the Plan Year due to the following shall be eligible to share in the allocations regardless of the above conditions (select all that apply): 1. [ ] Death. 2. [ ] Total and Permanent Disability. 3. [ ] Early or Normal Retirement. u. s. [ ] Conditions for Participants employed at the end of the Plan Year. (Options 2. and 3. could cause the Plan to violate coverage requirements under Code Section 410(b).) 1. [ ] No service requirement. 2. [ ] A Participant must complete a Year of Service (or Period of Service if the Elapsed Time method is selected). 3. [ ] A Participant must complete at least (not to exceed 1,000) Hours of Service during the Plan Year. v. t. [ ] Code Section 410(b) fail-safe. If s.2q.2. or 3. and/or u.2s.2. or 3. is selected, shall the Code Section 410(b) ratio percentage fail-safe provisions apply (Plan Section 12.3(f))? 1. [ ] No or N/A. 2. [ ] Yes, the Plan must satisfy the ratio percentage test of Code Section 410(b).