Common use of Defined Contribution Fraction Clause in Contracts

Defined Contribution Fraction. A fraction, the numerator of which is the sum of the Annual Additions to the Participant's accounts under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years, (including the Annual Additions attributable to the Participant's nondeductible employee contributions to all defined benefit plans, whether or not terminated, maintained by the Employer, and the Annual Additions attributable to all welfare benefit funds, as defined in Section 419(e) of the Code, individual medical accounts, as defined in Section 415(l)(2) of the Code, and simplified employee pension, maintained by the Employer), and the denominator of which is the sum of the maximum aggregate amounts for the current and all prior Limitation Years of service with the Employer (regardless of whether a defined contribution Plan was maintained by the Employer). The maximum aggregate amount in any Limitation Year is the lesser of 125 percent of the dollar limitation determined under Sections 415(b) and (d) of the Code in effect under Section 415(c)(1)(A) of the Code or 35 percent of the Participant's Compensation for such year. If the Employee was a participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of (1) the excess of the sum of the fractions over 1.0 times (2) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan made after May 5, 1986, but using the Section 415 limitation applicable to the first Limitation Year beginning on or after January 1,1987. The Annual Addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all Employee contributions as Annual Additions.

Defined Contribution Fraction. A fraction, the numerator of which is the sum of the Annual Additions to the Participant's accounts account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years, (including the Annual Additions attributable to the Participant's nondeductible employee contributions to all defined benefit plans, whether or not terminated, maintained by the Employer, Employer and the Annual Additions attributable to all welfare benefit funds, as defined in Section section 419(e) of the Code, and individual medical accounts, as defined in Section section 415(l)(2) of the Code, and simplified employee pension, maintained by the Employer), and the denominator of which is the sum of the maximum aggregate amounts for the current and all prior Limitation Years of service with the Employer (regardless of whether a defined contribution Plan plan was maintained by the Employer). The maximum aggregate amount in any Limitation Year is the lesser of 125 percent of the dollar limitation determined under Sections sections 415(b) and (d) of the Code in effect under Section section 415(c)(1)(A) of the Code or 35 percent of the Participant's _415 Compensation for such year. If the Employee was a participant Participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of (1) the excess of the sum of the fractions over 1.0 times (2) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan plan made after May 5, 1986, but using the Section section 415 limitation applicable to the first Limitation Year beginning on or after January 1,19871, 1987. The Annual Addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all Employee employee contributions as Annual Additions.

Defined Contribution Fraction. A fraction, the numerator of which is the sum of the Annual Additions to the ParticipantMember's accounts under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years, Years (including the Annual Additions attributable to the ParticipantMember's nondeductible employee contributions to all defined benefit plans, whether or not terminated, maintained by the Employer, and the Annual Additions attributable to all welfare benefit benefits funds, as defined in Section section 419(e) of the Code, individual medical accounts, as defined in Section 415(l)(2) of the Code, and simplified employee pension, maintained by the Employer), and the denominator of which is the sum of the maximum aggregate amounts for the current and all prior Limitation Years of service Service with the Employer (regardless of whether a defined contribution Plan plan was maintained by the Employer). The maximum aggregate amount in any Limitation Year is the lesser of 125 percent of the dollar limitation determined under Sections 415(b) and (d) of the Code in effect under Section section 415(c)(1)(A) of the Code or 35 percent of the ParticipantMember's Compensation for such year (provided, however, that, if the Plan is a Super Top-Heavy Plan, as defined in Section 7.02(h), the maximum aggregate amount shall be the lesser of 100 percent of the dollar limitation in effect under section 415(c)(1)(A) of the Code or 35 percent of the Member's Compensation for such year). If the Employee Member was a participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the an Employer which were in existence on May 6July 1, 19861982, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of (1) the excess of the sum of the fractions over 1.0 times (2) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the later of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in 1983. This adjustment also will be made if at the terms and conditions end of the Plan made after May 5, 1986, but using the Section 415 limitation applicable to the first Limitation Year beginning on or after January 1,1987. The Annual Addition for any last Limitation Year beginning before January 1, 19871984, shall not be recomputed the sum of the fractions exceeds 1.0 because of accruals or additions that were made before the limitations of this Article IX became effective to treat all Employee contributions as Annual Additionsany plans of the Employer in existence on July 1, 1982.

Defined Contribution Fraction. A The "Defined Contribution Fraction" shall be a fraction, the numerator of which is the sum of the Annual Additions to the Participant's accounts account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years, Years (including the Annual Additions attributable to the Participant's nondeductible employee contributions to all defined benefit plans, whether or not terminated, maintained by the Employer, and the Annual Additions attributable to all welfare benefit funds, funds (as defined in Code Section 419(e) of the Code)), individual medical accounts, accounts (as defined in Code Section 415(l)(2415(1)(2)) of the Code, and simplified employee pension, maintained by the Employerpensions (as defined in Code Section 408(k)), and the denominator of which is the sum of the maximum aggregate amounts Maximum Aggregate Amounts for the current and all prior Limitation Years of service with the Employer (regardless of whether a defined contribution Plan plan was maintained by the Employer). The maximum aggregate amount Maximum Aggregate Amount in any Limitation Year is the lesser of 125 percent 125% of the dollar limitation determined under Sections 415(b) and (d) of the Code in effect under Code Section 415(c)(1)(A) of the Code or 35 percent 35% of the Participant's Compensation for such year. If the Employee Participant was a participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, 1986 in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction Defined Contribution Fraction and the Defined Benefit Fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of (1) the excess of the sum of the fractions over 1.0 times (2) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan made after May 5, 1986, but using the Section 415 limitation applicable to the first Limitation Year beginning on or after January 1,1987. The Annual Addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all Employee contributions as Annual Additions.Fraction

Defined Contribution Fraction. A The "Defined Contribution Fraction" shall be a fraction, the numerator of which is the sum of the Annual Additions to the Participant's accounts account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years, Years (including the Annual Additions attributable to the Participant's nondeductible employee contributions to all defined benefit plans, whether or not terminated, maintained by the Employer, and the Annual Additions attributable to all welfare benefit funds, funds (as defined in Code Section 419(e) of the Code)), individual medical accounts, accounts (as defined in Code Section 415(l)(2415(1)(2)) of the Code, and simplified employee pension, maintained by the Employerpensions (as defined in Code Section 408(k)), and the denominator of which is the sum of the maximum aggregate amounts Maximum Aggregate Amounts for the current and all prior Limitation Years of service with the Employer (regardless of whether a defined contribution Plan plan was maintained by the Employer). The maximum aggregate amount Maximum Aggregate Amount in any Limitation Year is the lesser of 125 percent 125% of the dollar limitation determined under Sections 415(b) and (d) of the Code in effect under Code Section 415(c)(1)(A415(c)(l)(A) of the Code or 35 percent 35% of the Participant's Compensation for such year. If the Employee Participant was a participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, 1986 in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction Defined Contribution Fraction and the Defined Benefit Fraction would otherwise exceed 1.0 l.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of of: (1i) the excess of the sum of the fractions over 1.0 times (2) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan made after May 5, 1986, but using the Section 415 limitation applicable to the first Limitation Year beginning on or after January 1,1987. The Annual Addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all Employee contributions as Annual Additions.over

Defined Contribution Fraction. A fraction, the numerator of which is the sum of the Annual Additions to the Participant's accounts account under all the defined contribution plans Defined Contribution Plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years, Years (including the Annual Additions attributable to the Participant's nondeductible employee Employee contributions to all defined benefit plansDefined Benefit Plans, whether or not terminated, maintained by the Employer, and the Annual Additions attributable to all welfare benefit funds, as defined in Section 419(e) of the Code, and individual medical accounts, as defined in Section 415(l)(2415(1)(2) of the Code, and simplified employee pension, maintained by the Employer), and the denominator of which is the sum of the maximum aggregate amounts for the current and all prior Limitation Years of service Service with the Employer (regardless of whether a defined contribution 27 Defined Contribution Plan was maintained by the Employer). The maximum aggregate amount in any Limitation Year is the lesser of 125 percent of the dollar limitation determined under Sections 415(b) and (d) of the Code in effect under Section 415(c)(1)(A) of the Code or 35 percent of the Participant's Compensation for such year. If the Employee was a participant Participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans Defined Contribution Plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, adjustment an amount equal to the product of (1) the excess of the sum of the fractions over 1.0 times (2) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan made after May 5, 1986, but using the Section 415 limitation applicable to the first Limitation Year beginning on or after January 1,19871, 1987. The Annual Addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all Employee contributions as Annual Additions.

Defined Contribution Fraction. A fraction, the numerator of which is the sum of the Annual Additions to the Participant's accounts Account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years, (Years [including the Annual Additions attributable to the Participant's nondeductible employee contributions to all defined benefit plans, whether or not terminated, maintained by the Employer, and the Annual Additions annual additions attributable to all welfare benefit funds, as defined in Section 419(e) of the Code, and individual medical accounts, as defined in Section 415(l)(2415(1)(2) of the Code, and simplified employee pension, maintained by the Employer)employer], and the denominator of which is the sum of the maximum aggregate amounts for the current and all prior Limitation Years of service with the Employer (regardless of whether a defined contribution Plan plan was maintained by the Employer). The maximum aggregate amount in any Limitation Year is the lesser of 125 percent of the dollar limitation determined under Sections 415(b) and (d) of the Code in effect under Section 415(c)(1)(A) of the Code or 35 percent of the Participant's Compensation for such year. If the Employee was a participant Participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will shall be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of of: (1) the excess of the sum of the fractions over 1.0 times 1.0, times (2) the denominator of this fraction, will shall be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan made after May 5, 1986, but using the Section 415 limitation applicable to the first Limitation Year beginning on or after January 1,1987. The Annual Addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all Employee contributions as Annual Additions.

Defined Contribution Fraction. A “Defined Contribution Fraction” means a fraction, the numerator of which is the sum of the Annual Additions to the Participant's accounts ’s account under all the defined contribution contributions plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years, Years (including the Annual Additions attributable attribut- able to the Participant's ’s nondeductible employee contributions to all defined benefit plans, whether or not terminated, maintained by the Employer, and the Annual Additions Additions, as defined above, attributable to all welfare benefit funds, as defined in Section Code section 419(e) of the Code), individual medical accounts, as defined in Section 415(l)(2) of the CodeCode section 415(1)(2), and simplified employee pension, pensions maintained by the Employer), and the denominator of which is the sum of the maximum aggregate amounts for the current and all prior Limitation Years of service with the Employer (regardless of whether a defined contribution Plan plan was maintained by the Employer). The maximum aggregate amount in any Limitation Year is the lesser of 125 percent of the dollar limitation determined under Sections Code sections 415(b) and (d) of the Code in effect under Section Code section 415(c)(1)(A) of the Code or 35 percent of the Participant's ’s Compensation for such year. If the Employee was a participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained main- tained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction defined benefit fraction would otherwise exceed 1.0 under the terms of this the Plan. Under the adjustment, an amount equal to the product of (1) the excess of the sum of the fractions over 1.0 times (2) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan made after May 5, 1986, but using the Section 415 limitation applicable to the first Limitation Year beginning on or after January 1,1987. The Annual Addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all Employee contributions as Annual Additions.of