Common use of Qualified Non Clause in Contracts

Qualified Non. Elective Employer Contribution - [See paragraphs (h) and (i)] These contributions are fully vested when contributed. The Employer shall have the right to make an additional discretionary contribution which shall be allocated to each eligible Employee in proportion to his or her Compensation as a percentage of the Compensation of all eligible Employees. This part of the Employer's contribution and the allocation thereof shall be unrelated to any Employee contributions made hereunder. The amount of Qualified non-Elective Contributions taken into account for purposes of meeting the ADP or ACP test requirements is: (i) All such Qualified non-Elective Contributions. (ii) The amount necessary to meet [ ] the ADP test, [ ] the ACP test, [ ] Both the ADP and ACP tests. Qualified non-Elective Contributions will be made to: 93 REGIONAL PROTOTYPE CASH OR DEFERRED PROFIT-SHARING PLAN #012 (iii) All Employees eligible to participate. (iv) Only non-Highly Compensated Employees eligible to participate. [x] (e) Additional Employer Contribution Other Than Qualified Non-Elective Contributions - Non-Integrated [See paragraphs (h) and (i)] The Employer shall have the right to make an additional discretionary contribution which shall be allocated to each eligible Employee in proportion to his or her Compensation as a percentage of the Compensation of all eligible Employees. This part of the Employer's contribution and the allocation thereof shall be unrelated to any Employee contributions made hereunder.

Qualified Non. Elective Employer Contribution ELECTIVE EMPLOYER CONTRIBUTION - [See paragraphs (g), (h) and (i)] These contributions are fully vested when contributed. The Employer shall have the right to make an additional discretionary contribution which shall be allocated to each eligible Employee in proportion to his or her Compensation as a percentage of the Compensation of all eligible Employees. This part of the Employer's contribution and the allocation thereof shall be unrelated to any Employee contributions made hereunder. The amount of Qualified non-Elective Contributions taken into account for purposes of meeting the ADP or for ACP test requirements is: (i) All such Qualified non-Elective Contributions. (ii) The is the amount necessary to meet [ ] the ADP test, [ ] the ACP test, [ ] Both both the ADP and ACP tests. Qualified non-Elective Contributions will be made to: 93 REGIONAL PROTOTYPE CASH OR DEFERRED PROFIT-SHARING PLAN #012 (iii) All Employees eligible to participate. (iv) Only only non-Highly Compensated Employees eligible to participate. [xX] (eE) Additional Employer Contribution Other Than Qualified NonADDITIONAL EMPLOYER CONTRIBUTION OTHER THAN QUALIFIED NON-Elective Contributions ELECTIVE CONTRIBUTIONS - Non-Integrated [See paragraphs (g), (h) and (i)] ]. The Employer shall have the right to make an additional discretionary contribution which shall be allocated to each eligible Employee in proportion to his or her Compensation as a percentage of the Compensation of all eligible Employees. This part of the Employer's contribution and the allocation thereof shall be unrelated to any Employee contributions made hereunder.