Common use of Individual method Clause in Contracts

Individual method. The Employer will contribute: 🞎 (i) % of each Participant’s Plan Compensation plus 🞎 (ii) % of each Participant’s Excess Compensation. [Note: The percentage of Excess Compensation may not exceed the Maximum Disparity Rate. See Section 3.02(b)(2)(i)(C) of the Plan.]

Appears in 2 contracts

Sources: Nonstandardized Governmental Money Purchase Plan Adoption Agreement, Pension Plan Adoption Agreement

Individual method. The Employer will contribute: 🞎 (i) % of each Participant’s Plan Compensation plus� (ii) % of each Participant’s Excess Compensation. [Note: The percentage of Excess Compensation may not exceed the Maximum Disparity Rate. See Section 3.02(b)(2)(i)(C) of the Plan.]

Appears in 1 contract

Sources: Pension Plan Adoption Agreement

Individual method. The Employer will contribute: 🞎 (i) % of each Participant’s Plan Compensation plus� (ii) % of each Participant’s Excess Compensation. [Note: The percentage of Excess Compensation may not exceed the Maximum Disparity Rate. See Section 3.02(b)(2)(i)(C) of the Plan.]

Appears in 1 contract

Sources: Volume Submitter Money Purchase Plan Adoption Agreement

Individual method. The Employer will contribute: 🞎 (i)6.3 % of each Participant’s Plan Compensation plus� (ii12 ) % of each Participant’s Excess Compensation. [Note: The percentage of Excess Compensation may not exceed the Maximum Disparity Rate. See Section 3.02(b)(2)(i)(C) of the Plan.]

Appears in 1 contract

Sources: Volume Submitter Money Purchase Plan Adoption Agreement