Common use of Annual Additions Clause in Contracts

Annual Additions. For the purposes of this Plan, "annual addition" shall be the sum for any year of the Company contributions plus the amount of any employee contributions, plus the forfeitures.

Appears in 3 contracts

Sources: Savings and Profit Sharing Plan (Kansas City Life Insurance Co), Savings and Profit Sharing Plan (Kansas City Life Insurance Co), Savings and Profit Sharing Plan (Kansas City Life Insurance Co)

Annual Additions. For the purposes of this Plan, "annual addition" shall be the sum for any year of the Company contributions plus the amount of any employee contributions, plus the forfeitures, as further defined in Internal Revenue Code Regulation section 1.415(c)-1.

Appears in 1 contract

Sources: Savings and Profit Sharing Plan Amendment (Kansas City Life Insurance Co)