Common use of Integration Level Clause in Contracts

Integration Level. Instead of the Taxable Wage Base, the Integration Level is: □ (i) % of the Taxable Wage Base, increased (but not above the Taxable Wage Base) to the next higher: □ (A) N/A □ (B) $1 □ (C) $100 □ (D) $1,000 □ (ii) $ (not to exceed the Taxable Wage Base) □ (iii) 20% of the Taxable Wage Base, reduced by $1 [Note: The maximum integration percentage of 5.7% must be reduced to (i) 5.4% if the Integration Level is based on an amount that is greater than 80% but less than 100% of the Taxable Wage Base or (ii) 4.3% if the Integration Level is based on an amount that is greater than 20% but less than or equal to 80% of the Taxable Wage Base. See Section 3.02(a)(1)(ii) of the Plan.] □ (2) Four-step permitted disparity formula. Check this (2) if: □ (i) The four-step permitted disparity formula will always be used.

Integration Level. Instead of the Taxable Wage Base, the Integration Level is: □  (i) % of the Taxable Wage Base, increased (but not above the Taxable Wage Base) to the next higher: □  (A) N/A □  (B) $1 □  (C) $100 □  (D) $1,000 □  (ii) $ (not to exceed the Taxable Wage Base) □  (iii) 20% of the Taxable Wage Base, reduced by $1 [Note: The maximum integration percentage of 5.7% must be reduced to (i) 5.4% if the Integration Level is based on an amount that is greater than 80% but less than 100% of the Taxable Wage Base or (ii) 4.3% if the Integration Level is based on an amount that is greater than 20% but less than or equal to 80% of the Taxable Wage Base. See Section 3.02(a)(1)(ii) of the Plan.] □  (2) Four-step permitted disparity formula. Check this (2) if: □  (i) The four-step permitted disparity formula will always be used.  (ii) The four-step permitted disparity formula will never be used, even if the Plan is Top Heavy.