Contribution allocations Sample Clauses
The "Contribution allocations" clause defines how contributions, such as capital, resources, or efforts, are distributed among the parties involved in an agreement. It typically outlines the specific percentages or amounts each party is responsible for contributing, and may address how future contributions or adjustments are handled if circumstances change. This clause ensures transparency and fairness in the allocation process, preventing disputes by clearly establishing each party's obligations and expectations regarding their share of contributions.
Contribution allocations. If b. or c. above is selected, the Employer profit sharing contribution for a Plan Year will be allocated as follows:
Contribution allocations. The Employer Nonelective Contribution for a Plan Year will be allocated as follows (skip if the only selection above is c.) (select one or more):
Contribution allocations. ☐ c. Service with the following prior employers shall be credited as service under this Plan: Service counted for (select all applicable): ☐ c.1. Eligibility ☐ c.2. Vesting ☐ c.3. Contribution Allocations
Contribution allocations. If b. or c. above is selected, the Employer’s discretionary profit sharing contribution for a Plan Year will be allocated as follows:
Contribution allocations. The Company and the ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Entities agree that it would not be just or equitable if contribution pursuant to this Section 9 were determined by pro rata allocation (even if the ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Entities were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in Section 9(c). The amount paid or payable by the ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Entities as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by the ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Entities in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 9, no ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Entity shall be required to contribute any amount in excess of the amount by which the total price at which the Directed Shares distributed to the public were offered to the public exceeds the amount of any damages that such ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Entity has otherwise been required to pay. The remedies provided for in this Section 9 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity.
Contribution allocations. c.4. Attainment of Early or Normal Retirement Age
Contribution allocations. If a., b., or d. above is selected, theThe Employer Nonelective profit sharing contributionContribution for a Plan Year will be allocated as follows: (skip if the only selection above is c.) (select one or more):
e. [ ] INCORPORATION OF CONTRIBUTION FORMULA. In accordance with the contribution formula specified above (may onlynot be selected if b.a., d., or d.b.7 are the only selections above is; if both a fixed and discretionary contribution are selected). above, then this option e. applies to the fixed contribution).
f. [ ] NON–-INTEGRATED ALLOCATION
1. [ ] in the same ratio as each Participant's Compensation bears to the total of such Compensation of all Participants
2. [ ] in the same dollar amount to all Participants (per capita)
3. [ ] in the same dollar amount per Hour of Service completed by each Participant
4. [ ] in the same proportion that each Participant's points bears to the total of such points of all Participants. A Participant's points with respect to any Plan Year will be computed as follows (select all that apply):
a. [ ] point(s) will be allocated for each Year of Service (or Period of Service). However, the maximum Years (or Periods if elapsed time method is selected) of Service taken into account will not exceed:
1. [ ] (leave blank if no limit on service applies). Year of Service (or Period of Service if applicable), means:
2. [ ] service for eligibility purposes
3. [ ] service for vesting purposes
b. [ ] point(s) will be allocated for each full $ (may not exceed $200) of Compensation
c. [ ] point(s) will be allocated for each year of age as of the last day of the Plan Year
g. [ ] INTEGRATED (PERMITTED DISPARITY) ALLOCATION In accordance with Plan Section 4.3(b)(2) based on a Participant's Compensation in excess of:
1. [ ] the Taxable Wage Base
2. [ ] % (not to exceed 100%) of the Taxable Wage Base (see Note below)
3. [ ] 80% of the Taxable Wage Base plus $1.00
4. [ ] $ (not greater than the Taxable Wage Base) (see Note below) NOTE: The integration percentage of 5.7% will be reduced to: (1) 4.3% if 2. or 4. above is more than 20% and less than or equal to 80% of the Taxable Wage Base; or (2) 5.4% if 3. is selected or if 2. or 4. above is more than 80% of the Taxable Wage Base.
Contribution allocations. In exchange for such sale and contribution, the Seller will be credited with an increase in its capital account and shall receive cash proceeds in amounts set forth on the Supplement and Schedule. The parties hereto intend that the allocation between the purchase price of the assets being purchased hereunder and the capital contribution shall be such that any Receivables that are not purchased by the Borrower for a cash purchase price equal to the face amount of net Receivables (which, after giving effect to the maximum liability of the Seller under the Seller Guaranty, approximates fair value) and paid on the date of any Advance under the Receivables Financing Agreement shall be contributed to the Purchaser and Seller's capital account shall be increased in an amount equal to the face amount of such Receivables contributed (which, after giving effect to the maximum liability of the Seller under the Seller Guaranty, approximates fair value) .
Contribution allocations. In exchange for such contribution, the Contributing Subsidiaries will be credited with an increase in its capital account in an amount equal to the aggregate net book value (which approximates fair market value) specified on the Supplement and Schedule.
Contribution allocations. For purposes of contribution allocations, an Employee’s service is taken into account from his Participation Commencement Date until his Severance From Service Date. Periods of Severance under any circumstances are not taken into account.