Common use of ALLOCATION OFFSET Clause in Contracts

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. 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.]] Ó 2002