Common use of Alternative formula Clause in Contracts

Alternative formula. The Employer, in Appendix B, may elect to modify this formula to read as follows: P(AB + (R x D)) - (R x D). For purposes of this alternative formula, "R" is the ratio of "AB" to the Participant's Employer-derived Account Balance immediately following the earlier distribution.

Appears in 2 contracts

Sources: 401(k) Profit Sharing Plan (Nci Building Systems Inc), Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

Alternative formula. The Employer, in Appendix B, may elect to modify this formula to read as follows: P(AB + (R x D)) - (R x D). For purposes of this alternative formula, "R" is the ratio of "AB" to the Participant's ’s Employer-derived Account Balance immediately following the earlier distribution.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Knowles Corp)

Alternative formula. The Employer, in Appendix B, may elect to modify this formula to read as follows: P(AB + (R x D)) - (R x D). For purposes of this alternative formula, "R" is the ratio of "AB" to the Participant's Employer-derived Employer‑derived Account Balance immediately following the earlier distribution.

Appears in 1 contract

Sources: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)