Common use of Current Employees Clause in Contracts

Current Employees. Employees who are eligible to participate but not deferring shall have Elective Deferrals withheld in the amount of ______ % (not more than 10%) of Compensation or $_________ [may be no more than the Code Section 402(g) limit and Code Section 414(v) limit, if applicable].

Appears in 7 contracts

Samples: Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct), Nonstandardized Adoption Agreement (First Northwest Bancorp), Prototype Defined Contribution Plan (Savannah Bancorp Inc)

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Current Employees. Employees who are eligible to participate but not deferring shall have Elective Deferrals withheld in the amount of ______ % (not more than 10%) of Compensation or $_________ $ [may be no more than the Code Section 402(g) limit and Code Section 414(v) limit, if applicable].

Appears in 5 contracts

Samples: Nonstandardized Adoption Agreement (BBCN Bancorp Inc), Prototype Defined Contribution Plan (Athens Bancshares Corp), Prototype Defined Contribution Plan (Old Dominion Freight Line Inc/Va)

Current Employees. Employees who are eligible to participate but not deferring shall have Elective Deferrals withheld in the amount of ______ _% (not more than 10%) of Compensation or $_________ [[ may be no more than the Code Section 402(g) limit and Code Section 414(v) limit, if applicable].

Appears in 1 contract

Samples: Participation Agreement (Sterling Chemicals Inc)

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Current Employees. Employees who are eligible to participate but not deferring shall have Elective Deferrals withheld in the amount of ______ ______% (not more than 10%) of Compensation or $_________ [may be no more than the Code Section 402(g) limit and Code Section 414(v) limit, if applicable].

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp)

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