Common use of Contribution Percentage Limits Clause in Contracts

Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending this Plan and Trust, the minimum, if applicable, and maximum Employee Pre-Tax Contribution percentages, prospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. As of the Effective Date, the Employee Pre-Tax Contribution maximum percentage is 15%. Irrespective of the limits that may be established by the Administrator in accordance with this paragraph, in no event shall the contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415.

Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending this the Plan and Trust, the minimum, if applicable, and maximum Employee Associate Pre-Tax Contribution percentages, prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. As of the Effective Date, the Employee Associate Pre-Tax Contribution minimum percentage is 1% and the maximum percentage is 15%. Irrespective of the limits that may be established by the Administrator in accordance with this paragraphthe paragraph above , in no event shall the contributions Contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415.

Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending this Plan and Trust, the minimum, if applicable, and maximum Employee PreBefore-Tax Contribution percentages, prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. As of the Effective Date, the Employee PreBefore-Tax Contribution maximum percentage is 15%. -------------------------------------------------------------------------------- Irrespective of the limits that may be established by the Administrator in accordance with this paragraph, in no event shall the contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415.

Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending this Plan and TrustTrust document, the minimum, if applicable, and maximum Employee Pre-Tax Contribution percentages, prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12necessary. As of the Effective Date, the Employee Pre-Tax Contribution maximum percentage is 15%. Irrespective of the limits that may be established by the Administrator in accordance with this paragraph, in no event shall the contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415.

Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending this the Plan and Trust, the minimum, if applicable, and maximum Employee Associate Pre-Tax Contribution percentages, prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. As of the Effective Date, the Employee Associate Pre-Tax Contribution minimum percentage is 1% and the maximum percentage is 15%. Irrespective of the limits that may be established by the Administrator in accordance with this paragraphthe paragraph above, in no event shall the contributions Contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415.

Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending this the Plan and Trust, the minimum, if applicable, and maximum Employee Pre-Tax Contribution percentages, prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. As of the Effective Date, the Employee Pre-Tax Contribution maximum percentage is 15%. Irrespective of the limits that may be established by the Administrator in accordance with this paragraphthe paragraph above, in no event shall the contributions Contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415.