Common use of Contributions and Forfeitures Clause in Contracts

Contributions and Forfeitures. Each Participant's Account shall be increased by that portion of the contribution and forfeitures which is allocated to him.

Appears in 3 contracts

Sources: Defined Contribution Plan and Trust (Capstone Pharmacy Services Inc), Adoption Agreement (Southbanc Shares Inc), Adoption Agreement (Jones Medical Industries Inc /De/)

Contributions and Forfeitures. Each Participant's Account shall be increased by that portion of the contribution and forfeitures Forfeitures which is allocated to him.

Appears in 1 contract

Sources: Trust Agreement (Southwest Community Bancorp)