Common use of Correction Methods Clause in Contracts

Correction Methods. (a) SVP Correction Method. Appendix A, section .03 sets forth the SVP correction method for a failure to satisfy the actual deferral percentage ("ADP"), actual contribution percentage ("ACP"), or multiple use test set forth in §§ 401(k)(3), 401(m)(2), and 401(m)(9), respectively. (b) One-to-One Correction Method.

Correction Methods. (a) SVP Correction Cor- rection Method. Appendix A, section .03 sets forth the SVP correction method for a failure to satisfy the actual deferral percentage per- centage ("“ADP"”), actual contribution percentage per- centage ("“ACP"”), or multiple use test set forth in §§ 401(k)(3), 401(m)(2), and 401(m)(9), respectively. (b) One-to-One Correction Method.