Common use of Another Plan Clause in Contracts

Another Plan. The Employer will satisfy the 401(k) safe harbor contribution in the following plan: _____________. [ ] (e) ▇▇▇▇▇-▇▇▇▇▇ CONTRIBUTIONS. The amount(s) specified for the applicable Plan Year or other applicable period in the Employer's ▇▇▇▇▇-▇▇▇▇▇ contract(s). The Employer will make a contribution only to Participants covered by the contract and only with respect to Compensation paid under the contract. If the Participant accrues an allocation of nonelective contributions (including forfeitures) under the Plan in addition to the ▇▇▇▇▇-▇▇▇▇▇ contribution, the Plan Administrator will: (Choose one of (1) or (2)) (1) Not reduce the Participant's nonelective contribution allocation by the ▇▇▇▇▇-▇▇▇▇▇ contribution. (2) Reduce the Participant's nonelective contribution allocation by the ▇▇▇▇▇-▇▇▇▇▇ contribution.

Another Plan. The Employer will satisfy the 401(k) safe harbor contribution in the following plan: _______:______. [ ] o (e) ▇▇▇▇▇-▇▇▇▇▇ CONTRIBUTIONScontributions. The amount(s) specified for the applicable Plan Year or other applicable period in the Employer's ’s ▇▇▇▇▇-▇▇▇▇▇ contract(s). The Employer will make a contribution only to Participants covered by the contract and only with respect to Compensation paid under the contract. If the Participant accrues an allocation of nonelective contributions (including forfeitures) under the Plan in addition to the ▇▇▇▇▇-▇▇▇▇▇ contribution, the Plan Administrator will: (Choose one of (1) or (2)) ) o (1) Not reduce the Participant's ’s nonelective contribution allocation by the ▇▇▇▇▇-▇▇▇▇▇ contribution. (2) Reduce the Participant's nonelective contribution allocation by the ▇▇▇▇▇-▇▇▇▇▇ contribution.