ALLOCATION OFFSET Clause Samples
ALLOCATION OFFSET. The Advisory Committee will reduce a Participant's allocation otherwise made under this Section 3.04 by the Participant's allocation under the following qualified plan(s) maintained by the Employer: ________________________. The Advisory Committee will determine this allocation reduction: (Choose (1) or (2))
(1) By treating the term "Employer contribution" as including all amounts paid or accrued by the Employer during the plan Year to the qualified plan(s) referenced under this Option (f). If a Participant under this Plan also participates in that other plan, the Advisory Committee will treat the amount the Employer contributes for or during a Plan Year on behalf of a particular Participant under such other plan as an amount allocated under this Plan to that Participant's Account for that Plan Year. The Advisory committee will make the computation of allocation required under the immediately preceding sentence before making any allocation required by this Section 3.04.
(2) In accordance with the formula provided in an addendum to this Adoption Agreement, numbered 3.04(f).
ALLOCATION OFFSET. The Advisory Committee will reduce a Participant's allocation otherwise made under Part II of this Section 3.04 by the Participant's allocation under the following qualified plan(s) maintained by the Employer: _____. The Advisory Committee will determine this allocation reduction: (Choose (1) or (2)) [n/a] (1) By treating the term "nonelective contribution" as including all amounts paid or accrued by the Employer during the Plan Year to the qualified plan(s) referenced under this Option (j). If a Participant under this Plan also participates in that other plan, the Advisory Committee will treat the amount the Employer contributes for or during a Plan Year on behalf of a particular Participant under such other plan as an amount allocated under this Plan to that Participant's Account for that Plan Year. The Advisory Committee will make the computation of allocation required under the immediately preceding sentence before making any allocation of nonelective contributions under this Section 3.04. [n/a] (2) In accordance with the formula provided in an addendum to this Adoption Agreement, numbered 3.04(j).
ALLOCATION OFFSET. The Advisory Committee will reduce a Participant's allocation otherwise made under Part II of this Section 3.04 by the Participant's allocation under the following qualified plan(s) maintained by the Employer: ____________________________________.
ALLOCATION OFFSET. The Administrative Committee will reduce a Participant's allocation otherwise made under Part II of this Section 3.04 by the Participant's allocation under the following qualified plan(s) maintained by the Employer: ___. The Administrative Committee will determine this allocation reduction: (Choose (1) or (2))
(1) By treating the term "profit sharing contribution" as including all amounts paid or accrued by the Employer during the Plan Year to the qualified plan(s) referenced under this Option (j). If a Participant under this Plan also participates in that other plan, the Administrative Committee will treat the amount the Employer contributes for or during a Plan Year on behalf of a particular Participant under such other plan as an amount allocated under this Plan to that Participant's Account for that Plan Year. The Administrative Committee will make the computation of allocation required under the immediately preceding sentence before making any allocation of profit sharing contributions under this Section 3.04.
ALLOCATION OFFSET. The Advisory Committee will reduce a Participant's allocation otherwise made under Part II of this Section 3.04 by the Participant's allocation under the following qualified plan(s) maintained by the Employer: . The Advisory Committee will determine this allocation reduction: (Choose (1) or (2)) [ ] (1) By treating the term "nonelective contribution" as including all amounts paid or accrued by the Employer during the Plan Year to the qualified plan(s) referenced under this Option (j). If a Participant under this Plan also participates in that other plan, the Advisory Committee will treat the amount the Employer contributes for or during a Plan Year on behalf of a particular Participant under such other plan as an amount allocated under this Plan to that Participant's Account for that Plan Year. The Advisory Committee will make the computation of allocation required under the immediately preceding sentence before making any allocation of nonelective contributions under this Section 3.04.
ALLOCATION OFFSET. The Administrative Committee will reduce a Participant's allocation otherwise made under Part II of this Section 3.04 by the Participant's allocation under the following qualified plan(s) maintained by the Employer: ___.
ALLOCATION OFFSET. An Eligible Participant’s allocation under this Plan is reduced by allocations under ______ [insert name of plan(s)]. (See Section 2.1(d) of the BPD.) [Note: If this d. is checked, attach an addendum to this Agreement describing how such offset will be applied.]
ALLOCATION OFFSET. The davisory committee will reduce a participants allocation otherwise made under Part II of this Section 3.04 by the participants allocation under the following qualified plans maintained by the Employer (j)
ALLOCATION OFFSET. The Advisory Committee will reduce a Participant's allocation otherwise made under Part II of this Section 3.04 by the Participant's allocation under the following qualified plan(s) maintained by the Employer: ____________________________________________________________________. The Advisory Committee will determine this allocation reduction: (Choose (1) or (2))
(1) By treating the term "nonelective contribution" as including all amounts paid or accrued by the Employer during the Plan Year to the qualified plan(s) referenced under this Option (j). If a Participant under this Plan also participates in that other plan, the Advisory Committee will treat the amount the Employer contributes for or during a Plan Year on behalf of a particular Participant under such other plan as an amount allocated under this Plan to that Participant's Account for that Plan Year. The Advisory Committee will make the computation of allocation required under the immediately preceding sentence before making any allocation of nonelective contributions under this Section 3.04.
(2) In accordance with the formula provided in an addendum to this Adoption Agreement, numbered 3.04(j). Horizon Health Corporation 14 8/11/97 99 TOP HEAVY MINIMUM ALLOCATION - METHOD OF COMPLIANCE. If a Participant's allocation under this Section 3.04 is less than the top heavy minimum allocation to which he is entitled under Section 3.04(B): (Choose (k) or (l)) [X] (k) The Employer will make any necessary additional contribution to the Participant's Account, as described in Section 3.04(B)(7)(a) of the Plan.
ALLOCATION OFFSET. The Advisory Committee will reduce a Participant's allocation The Advisory Committee will determine this allocation reduction: (Choose (1) or (2))