Common use of Individually Designed Defined Contribution Plan Clause in Contracts

Individually Designed Defined Contribution Plan. If the Participant is covered under another qualified defined contribution plan maintained by the Employer, other than a master or prototype plan: 1. [ ] The provisions of Section 3.05(B)(1) through 3.05(B)(6) of the Plan will apply as if the other plan were a master or prototype plan. 2. [ ] Other method. (Provide the method under which the plans will limit total annual additions to the maximum permissible amount, and will properly reduce any excess amounts, in a manner that precludes Employer discretion.) ------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------

Individually Designed Defined Contribution Plan. If the Participant is covered under another qualified defined contribution plan maintained by the Employer, other than a master or prototype plan: 1. [ [X] The provisions of Section 3.05(B)(1) through 3.05(B)(6) of the Plan will apply as if the other plan were a master or prototype plan. 2. [ ] Other method. (Provide the method under which the plans will limit total annual additions to the maximum permissible amount, and will properly reduce any excess amounts, in a manner that precludes Employer discretion.) ------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------_______________________________ _______________________________________________________________ _______________________________________________________________