Nonelective Contributions. To the extent the Employer makes nonelective contributions for the Plan Year which, at the time of contribution, it does not designate as qualified nonelective contributions, the Advisory Committee will allocate those contributions in accordance with the elections under Section 3.04 of the Employer's Adoption Agreement. For purposes of the special nondiscrimination tests described in Sections 14.08 and 14.09, the Advisory Committee may treat nonelective contributions allocated under this paragraph as qualified nonelective contributions, if the contributions otherwise satisfy the definition of qualified nonelective contributions.
Appears in 42 contracts
Sources: Defined Contribution Prototype Plan and Trust Agreement (Direct Focus Inc), Retirement Savings Plan Adoption Agreement (World Acceptance Corp), Discretionary Contribution Plan and Trust Agreement (Hollis Eden Pharmaceuticals Inc /De/)
Nonelective Contributions. To the extent the Employer makes nonelective contributions for the Plan Year which, at the time of contribution, it does not designate as qualified nonelective basic contributions, the Advisory Administrative Committee will allocate those contributions in accordance with the elections under Section 3.04 of the Employer's Adoption Agreement. For purposes of the special nondiscrimination tests described in Sections 14.08 and 14.09, the Advisory Administrative Committee may treat nonelective contributions allocated under this paragraph as qualified nonelective basic contributions, if the contributions otherwise satisfy the definition of qualified nonelective basic contributions.
Appears in 4 contracts
Sources: 401(k) Savings Plan (Summit Care Corp), Defined Contribution Prototype Plan and Trust Agreement (Goodmark Foods Inc), Defined Contribution Prototype Plan and Trust Agreement (Conagra Inc /De/)
Nonelective Contributions. To the extent the Employer makes nonelective contributions for the Plan Year which, at the time of contribution, it does not designate as qualified nonelective contributions, the Advisory Committee will allocate those contributions in accordance with the elections under Section 3.04 ___.04 of the Employer's Adoption Agreement. For purposes of the special nondiscrimination tests described in Sections 14.08 and 14.09, the Advisory Committee may treat nonelective contributions allocated under this paragraph as qualified nonelective contributions, if the contributions otherwise satisfy the definition of qualified nonelective contributions.
Appears in 1 contract
Sources: Defined Contribution Prototype Plan and Trust Agreement (Midcoast Energy Resources Inc)
Nonelective Contributions. To the extent the Employer makes nonelective contributions for the Plan Year which, at the time of contribution, it does not designate as qualified nonelective contributions, the Advisory Committee will allocate those contributions in accordance with the elections under Section 3.04 of the Employer's Adoption Agreement. For purposes of the special nondiscrimination tests described in Sections 14.08 and 14.09, the Advisory Committee may treat nonelective contributions allocated under this the paragraph as qualified nonelective contributions, if the contributions otherwise satisfy the definition of qualified nonelective contributions.
Appears in 1 contract
Sources: 401(k) Retirement Savings Plan (Reptron Electronics Inc)