Fixed Formula. of the Compensation of all Qualified Participants under the Plan for the Plan Year. OPTION 3. [ ] Fixed Percent of Profits Formula. _____% of the Employer's profits that are in excess of _____________.
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Sources: Qualified Retirement Plan and Trust (Meritage Hospitality Group Inc /Mi/)
Fixed Formula. percent of the Compensation of all Qualified Qualifying Participants under the Plan for the Plan Year. OPTION Option 3. [ ] : ¨ Fixed Percent of Profits Formula. _____% ___ percent of the Employer's ’s profits that are in excess of __$___________.
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