Corrective Contributions. If a failed actual contribution percentage test is to be corrected by making an Employer contribution, then the provisions of the Plan for the corrective contributions shall be applied by limiting the contribution made on behalf of any NHCE pursuant to such provisions to an amount that does not exceed the targeted contribution limits of Sections D.1.6(a) and D.1.6(b).
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Sources: Sixth Amendment to the Quanex Corporation Hourly Bargaining Unit Employee Savings Plan (Quanex Corp)
Corrective Contributions. If a failed actual contribution percentage test is to be corrected by making an Employer contribution, then the provisions of the Plan for the corrective contributions shall be applied by limiting the contribution made on behalf of any NHCE pursuant to such provisions to an amount that does not exceed the targeted contribution limits of Sections D.1.6(aE.1.6(a) and D.1.6(bE.1.6(b).
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