Allocation of Earnings Sample Clauses
The Allocation of Earnings clause defines how profits, losses, and other financial results are distributed among the parties involved in an agreement. Typically, this clause specifies the proportion or method by which earnings are divided, such as according to ownership percentages or a predetermined formula. For example, in a partnership, it may state that each partner receives a share of the profits based on their capital contribution. The core function of this clause is to ensure transparency and prevent disputes by clearly outlining each party’s entitlement to the financial outcomes of the venture.
Allocation of Earnings. The special allocation provisions elected under Adoption Agreement Section 9.11 are effective for Plan Years beginning after ____________________. For Plan Years prior to the special Effective Date, the terms of the Plan prior to its restatement under this Adoption Agreement will control for purposes of the designated provisions. A special Effective Date may not result in the delay of a Plan provision beyond the permissible Effective Date under any applicable law requirements. EXECUTION PAGE The Trustee (and Custodian, if applicable), by executing this Adoption Agreement, accepts its position and agrees to all of the obligations, responsibilities and duties imposed upon the Trustee (or Custodian) under the Prototype Plan and Trust. The Employer hereby agrees to the provisions of this Plan and Trust, and in witness of its agreement, the Employer by its duly authorized officers, has executed this Adoption Agreement, and the Trustee (and Custodian, if applicable) signified its acceptance, on this 13th day of ---- September, 1994. --------- -- Name and EIN of Employer: Salida Building and Loan Association ▇▇-▇▇▇▇▇▇▇ ----------------------------------------------- Signed: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ ----------------------------------------------------------------- ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name(s) of Trustee: ▇▇▇▇▇ ▇. ▇▇▇▇▇ , ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ , ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ , ----------------------------------------------------- ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ------------------------- Signed: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ , /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ , /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ , ----------------------------------------------------------------- /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇, /s/ ▇▇▇▇ ▇▇▇▇▇ ----------------------------------------------------------------- Name of Custodian:_________________________________________________________ Signed:____________________________________________________________________ [Note: A Trustee is mandatory, but a Custodian is optional. See Section 10.03 of the Plan.] PLAN NUMBER. The 3-digit plan number the Employer assigns to this Plan for ERISA reporting purposes (Form 5500 Series) is: 001. ---
Allocation of Earnings. The special allocation provisions elected under Adoption Agreement Section 9.11 are effective for Plan Years beginning after -------------------------------.
Allocation of Earnings. (5.07(B)). The Plan allocates Earnings using the following method (Choose one or more of a. through f.):
a. [X] Daily. See Section 5.07(B)(4)(a).
b. [ ] Balance forward. See Section 5.07(B)(4)(b).
c. [ ] Balance forward with adjustment. See Section 5.07(B)(4)(c). Allocate pursuant to the balance forward method, except treat as part of the relevant Account at the beginning of the Valuation Period % of the contributions made during the following Valuation Period: .
d. [ ] Weighted average. See Section 5.07(B)(4)(d). If not a monthly weighting period, the weighting period is .
Allocation of Earnings. Any income, profit or loss on such investments shall be deposited in or charged to the respective funds from which such investments were made, and any interest on any deposit of funds shall be deposited in the fund from which such deposit was made, except as otherwise provided herein. At the direction of the City Representative, any such income, profit or interest shall be transferred and applied if necessary to pay amounts due pursuant to section 148 of the Code.
Allocation of Earnings. The special allocation provisions elected under Adoption Agreement Section 9.11 are effective for Plan Years beginning after December 31, 1992. [ ] (j) (Specify) ____________________________________________________________ _____________________________________________________________. For Plan Years prior to the special Effective Date, the terms of the Plan prior to its restatement under this Adoption Agreement will control for purposes of the designated provisions. A special Effective Date may not result in the delay of a Plan provision beyond the permissible Effective Date under any applicable law requirements.
Allocation of Earnings. This Section 7.04(B) applies solely to the allocation of Earnings of the Trust Fund. The Plan Administrator will allocate Employer Contributions and Participant forfeitures, if any, in accordance with Article III.
Allocation of Earnings. The method of computing and allocating annual earnings is set forth in Article VIII, Section 1 of the Individual Retirement Account Custodial Agreement. The growth in value of your IRA is neither guaranteed or projected.
Allocation of Earnings. The special allocation provisions elected under Adoption Agreement Section 9.11 are effective for Plan Years beginning after . [ ] (j) (Specify) . For Plan Years prior to the special Effective Date, the terms of the Plan prior to its restatement under this Adoption Agreement will control for purposes of the designated provisions. A special Effective Date may not result in the delay of a Plan provision beyond the permissible Effective Date under any applicable law requirements. Execution Page The Trustee (and Custodian, if applicable), by executing this Adoption Agreement, accepts its position and agrees to all of the obligations, responsibilities and duties imposed upon the Trustee (or Custodian) under the Prototype Plan and Trust. The Employer hereby agrees to the provisions of this Plan and Trust, and in witness of its agreement, the Employer by its duly authorized officers, has executed this Adoption Agreement, and the Trustee (and Custodian, if applicable) signified its acceptance, as of the 30th day of September, 1997 . Name and EIN of Employer: Steel Technologies Inc. EIN: 61-▇▇▇▇▇▇▇ Signed: Name(s) of Trustee: The Cha▇▇▇▇ ▇▇h▇▇▇ ▇▇ust Company Signed: Name of Custodian: Signed:
Allocation of Earnings. The special allocation provisions elected under Adoption Agreement Section 9.11 are effective for Plan Years beginning after ------------------------------. For Plan Years prior to the special Effective Date, the terms of the Plan prior to its restatement under this Adoption Agreement will control for purposes of the designated provisions. A special Effective Date may not result in the delay of a Plan provision beyond the permissible Effective Date under any applicable law requirements. The Trustee (and Custodian, if applicable), by executing this Adoption Agreement, accepts its position and agrees to all of the obligations, responsibilities and duties imposed upon the Trustee (or Custodian) under the Master Plan and Trust. The Employer hereby agrees to the provisions of this Plan and Trust, and in witness of its agreement, the Employer by its duly authorized officers, has executed this Adoption Agreement, and the Trustee (and Custodian, if applicable) signified its acceptance, on this -------- day of ---------------, 19---. Name and EIN of Employer: ---------------------------------------------------- -----------------------------------------------------------------.
Allocation of Earnings. Any income, profit or loss on such investments shall be deposited in or charged to the respective funds from which such investments were made; provided, however, that all income received on the investment of amounts on deposit in the Reserve Fund shall be applied as set forth in Section 4.02.