Common use of Fixed Amount Clause in Contracts

Fixed Amount. In an amount equal to the total additional Qualified Non-Elective Contribution divided by the number of Participants eligible to share in such contribution.

Appears in 2 contracts

Sources: 403(b) Retirement Plan Adoption Agreement, Adoption Agreement

Fixed Amount. In an amount equal to the total additional Qualified Non-Elective Nonelective Contribution divided by the number of Participants eligible to share in such contribution.

Appears in 2 contracts

Sources: Adoption Agreement (Biomimetic Therapeutics, Inc.), Adoption Agreement (Heritage Financial Group Inc)

Fixed Amount. In an amount equal to the total additional Qualified Non-Elective Contribution divided by the number of Participants eligible to share in such contribution.

Appears in 1 contract

Sources: Adoption Agreement