Common use of Coverage Under Another Plan Clause in Contracts

Coverage Under Another Plan. If the Employer maintains, or at any time maintained, one or more qualified defined contribution plans covering any Participant in this Plan, a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account as defined in Section 415(l)(2) of the Code, the sum of the Participant's defined contribution fraction and defined benefit fraction will not exceed 1.0 in any limitation year, and the annual benefit otherwise payable to the Participant under this Plan will be limited in accordance with Section III.D.2 of the Adoption Agreement.