Common use of Current Participants Clause in Contracts

Current Participants. Current Participants who are deferring at a percentage less than the amount selected herein 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: Prototype Defined Contribution Plan (Old Dominion Freight Line Inc/Va), Nonstandardized Adoption Agreement (BBCN Bancorp Inc), Prototype Defined Contribution Plan (Athens Bancshares Corp)

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Current Participants. Current Participants who are deferring at a percentage less than the amount selected herein 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]of Compensation.

Appears in 4 contracts

Samples: Prototype Defined Contribution Plan (United Community Bancorp), Nonstandardized Adoption Agreement (Legacy Bancorp, Inc.), Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.)

Current Participants. Current Participants who are deferring at a percentage less than the amount selected herein shall have Elective Deferrals withheld in the amount of % (not more than 106%) of Compensation or $ [may be no more than the Code Section §402(g) limit and Code Section §414(v) limit, if applicable].

Appears in 2 contracts

Samples: Plan Adoption Agreement, Plan Adoption Agreement

Current Participants. Current Participants who are deferring at a percentage less than the amount selected herein 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 2 contracts

Samples: Plan Adoption Agreement, Plan Adoption Agreement

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Current Participants. Current Participants who are deferring at a percentage less than the amount selected herein 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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