Catch-Up Contributions. The Employer elects to match Catch-Up Contributions under the same formula or formulas as elected above. In the event that an Excess Contribution is recharacterized as a Catch-up Contribution, any Matching Contribution made thereon may remain in the Plan if the Matching Contribution Formula is not otherwise exceeded.
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Sources: Adoption Agreement for Cash or Deferred Profit Sharing Plan (BBCN Bancorp Inc), Nonstandardized Adoption Agreement (First Northwest Bancorp), Defined Contribution Plan (Savannah Bancorp Inc)
Catch-Up Contributions. The Employer elects to match Catch-Up Contributions under the same formula or formulas as elected above. In the event that an Excess Contribution is recharacterized as a Catch-up Contribution, any Matching Contribution made thereon may remain in the Plan if the Matching Contribution Formula is not otherwise exceeded.. Additional Matching Contribution Formulas for Voluntary After-tax Contributions:
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Sources: Nonstandardized Adoption Agreement (1st Constitution Bancorp)