Common use of Annual Additions Clause in Contracts

Annual Additions. The sum of the following amounts credited to a Participant's Individual Account for the limitation year: a. Employer Contributions, b. Nondeductible Employee Contributions, c. Forfeitures, d. amounts allocated, after March 31, 1984, to an individual medical account, as defined in Section 415(l)(2) of the Code, which is part of a pension or annuity plan maintained by the Employer are treated as annual additions to a defined contribution plan. Also amounts derived from contributions paid or accrued after December 31, 1985, in taxable years ending after such date, which are attributable to post-retirement medical benefits, allocated to the separate account of a key employee, as defined in Section 419A(d)(3) of the Code, under a welfare benefit fund, as defined in Section 419(e) of the Code, maintained by the Employer are treated as annual additions to a defined contribution plan, and e. allocations under a simplified employee pension. For this purpose, any excess amount applied under Section 3.05(A)(4) or 3.05(B)(6) in the limitation year to reduce Employer Contributions will be considered annual additions for such limitation year.

Annual Additions. The sum of the following amounts credited to a Participant's Individual Account for the limitation year: a. Employer Contributions, b. Nondeductible Employee Contributions, c. Forfeitures, d. amounts allocated, after March 31, 19841994, to an individual medical account, as defined in Section 415(l)(2) of the Code, which is part of a pension or annuity plan maintained by the Employer are treated as annual additions to a defined contribution plan. Also amounts derived from contributions paid or accrued after December 31, 1985, in taxable years ending after such date, which are attributable to post-retirement medical benefits, allocated to the separate account of a key employee, as defined in Section 419A(d)(3) of the Code, under a welfare benefit fund, as defined in Section 419(e) of the Code, maintained by the Employer are treated neared as annual additions to a defined contribution plan, and e. allocations under a simplified employee pension. For this purpose, any excess amount applied under Section 3.05(A)(4) or 3.05(B)(6) in the limitation year to reduce Employer Contributions will be considered annual additions for such limitation year.

Annual Additions. The sum of the following amounts credited to a Participant's Individual Account for the limitation year: a. Employer Contributions, b. Nondeductible Employee Contributions, c. Forfeitures, d. amounts allocated, after March 31, 1984, to an individual medical account, as defined in Section 415(l)(2) of the Code, which is part of a pension or annuity plan maintained by the Employer are treated as annual additions to a defined contribution plan. Also amounts derived from contributions paid or accrued after December 31, 1985, in taxable years ending after such date, which are attributable to post-retirement medical benefits, allocated to the separate account of a key employee, as defined in Section 419A(d)(3) of the Code, under a welfare benefit fund, as defined in Section 419(e4 19(e) of the Code, maintained by the Employer are treated as annual additions to a defined contribution plan, and e. allocations under a simplified employee pension. For this purpose, any excess amount applied under Section 3.05(A)(4) or 3.05(B)(6) in the limitation year to reduce Employer Contributions will be considered annual additions for such limitation year.

Annual Additions. The sum of the following amounts credited to a Participant's Individual Account for the limitation year: a. Employer Contributions, b. Nondeductible Employee Contributions, c. Forfeitures, d. amounts allocated, after March 31, 1984, to an individual medical account, as defined in Section 415(l)(2) of the Code, which is part of a pension or annuity plan maintained by the Employer are treated as annual additions to a defined contribution plan. Also amounts derived from contributions paid or accrued after December 31, 1985, in taxable years ending after such date, which are attributable to post-retirement medical benefits, allocated to the separate account of a key employee, as defined in Section 419A(d)(3) of the Code, under a welfare benefit fund, as 15 ================================================================================ 11 defined in Section 419(e) of the Code, maintained by the Employer are treated as annual additions to a defined contribution plan, and e. allocations under a simplified employee pension. For this purpose, any excess amount applied under Section 3.05(A)(4) or 3.05(B)(6) in the limitation year to reduce Employer Contributions will be considered annual additions for such limitation year.

Annual Additions. The sum of the following amounts credited to a Participant's Individual Account for the limitation year: a. Employer Contributions, b. Nondeductible Employee Contributionscontributions, c. Forfeitures,, and d. amounts Amounts allocated, after March 31, 1984, to an individual medical account, as defined in Section 415(l)(2) of the Code, which is part of a pension or annuity plan maintained by the Employer are treated as annual additions to a defined contribution plan. Also amounts derived from contributions paid or accrued after December 31, 1985, in taxable years ending after such date, which are attributable to post-retirement medical benefits, allocated to the separate account of a key employee, as defined in Section 419A(d)(3) of the Code, under a welfare benefit fund, as defined in Section 419(e) of the Code, maintained by the Employer are treated as annual additions to a defined contribution plan, and e. allocations under a simplified employee pension. For this purpose, any excess amount applied under Section 3.05(A)(4) or 3.05(B)(6) in the limitation year to reduce Employer Contributions will be considered annual additions for such limitation year.

Annual Additions. The sum of the following amounts credited to a Participant's Individual Account for the limitation year: a. Employer Contributions, b. Nondeductible Employee Contributions, c. Forfeitures, d. amounts allocated, after March 31, 1984, to an individual medical account, as defined in Section 415(l)(2) of the Code, which is part of a pension or annuity plan maintained by the Employer are treated as annual additions to a defined contribution plan. Also amounts derived from contributions paid or accrued after December 31, 1985, in taxable years ending after such date, which are attributable to post-retirement postretirement medical benefits, allocated to the separate account of a key employee, as defined in Section 419A(d)(3) of the Code, under a welfare benefit fund, as defined in Section 419(e) of the Code, maintained by the Employer are treated as annual additions to a defined contribution plan, and e. allocations under a simplified employee pension. For this purpose, any excess amount applied under Section 3.05(A)(4) or 3.05(B)(6) in the limitation year to reduce Employer Contributions will be considered annual additions for such limitation year.

Annual Additions. The sum of the following amounts credited to a Participant's Individual Account for the limitation year: a. Employer Contributions, b. Nondeductible Employee Contributions,, 52 14 c. Forfeitures, , d. amounts allocated, after March 31, 1984, to an individual medical account, as defined in Section 415(l)(2415(1)(2) of the Code, which is part of a pension or annuity plan maintained by the Employer are treated as annual additions to a defined contribution plan. Also amounts derived from contributions paid or accrued after December 31, 1985, in taxable years ending after such date, which are attributable to post-retirement medical benefits, allocated to the separate account of a key employee, as defined in Section 419A(d)(3) of the Code, under a welfare benefit fund, as defined in Section 419(e) of the Code, maintained by the Employer are treated as annual additions to a defined contribution plan, and e. allocations under a simplified employee pension. For this purpose, any excess amount applied under Section 3.05(A)(4) or 3.05(B)(6) in the limitation year to reduce Employer Contributions will be considered annual additions for such limitation year.

Annual Additions. The sum of the following amounts credited to a Participant's Individual Account for the limitation year: a. Employer Contributions, b. Nondeductible Employee Contributions, c. Forfeitures, d. amounts allocated, after March 31, 1984, to an individual medical account, as defined in Section 415(l)(2415(1)(2) of the Code, which is part of a pension or annuity plan maintained by the Employer are treated as annual additions to a defined contribution plan. Also amounts derived from contributions paid or accrued after December 31, 1985, in taxable years ending after such date, which are attributable to post-retirement medical benefits, allocated to the separate account of a key employee, as defined in Section 419A(d)(3) of the Code, under a welfare benefit fund, as defined in Section 419(e) of the Code, maintained by the Employer are treated as annual additions to a defined contribution plan, and e. allocations under a simplified employee pension. For this purpose, any excess amount applied under Section 3.05(A)(4) or 3.05(B)(6) in the limitation year to reduce Employer Contributions will be considered annual additions for such limitation year.

Annual Additions. The sum of the following amounts credited to a Participant's Individual Account for the limitation year: a. Employer Contributions, b. Nondeductible Employee Contributions, c. Forfeitures, d. amounts allocated, after March 31, 1984, to an individual medical account, as defined in Section 415(l)(2415(I)(2) of the Code, which is part of a pension or annuity plan maintained by the Employer are treated as annual additions to a defined contribution plan. Also amounts derived from contributions paid or accrued after December 31, 1985, in taxable years ending after such date, which are attributable to post-retirement medical benefits, allocated to the separate account of a key employee, as defined in Section 419A(d)(3) of the Code, under a welfare benefit fund, as defined in Section 419(e) of the Code, maintained by the Employer are treated as annual additions to a defined contribution plan, and e. allocations under a simplified employee pension. For this purpose, any excess amount applied under Section 3.05(A)(4) or 3.05(B)(6) in the limitation year to reduce Employer Contributions will be considered annual additions for such limitation year.