Common use of Limit on Contributions Clause in Contracts

Limit on Contributions. Notwithstanding any other provision in this Plan to the contrary, all contributions for any Plan Year on behalf of a Participant who is a Highly Compensated Employee shall be reduced if and to the extent necessary in order that the requirements of Article 17 and Sections 20.2 and 20.6 are met.

Appears in 2 contracts

Sources: Employees' Savings, Investment and Profit Sharing Plan (Revlon Inc /De/), Employee Retirement Plan (Cosmetic Center Inc)