Common use of General Limitations Clause in Contracts

General Limitations. (A) In order that the Plan be maintained as a qualified plan and trust under the Code, contributions in respect of a Member shall be subject to the limitations set forth in this Section, notwithstanding any other provision of the Plan. The contributions in respect of a Member to which this Section is applicable are his own contributions and/or deferrals and the Employer's contributions. For purposes of this Section 10.1, a Member's contributions shall be determined without regard to any rollover contributions as provided in Section 402(a)(5) of the Code.

Appears in 14 contracts

Samples: Adoption Agreement (Allied First Bancorp Inc), Adoption Agreement (Pulaski Financial Corp), Exhibit 10 (Atlantic Coast Federal Corp)

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General Limitations. (A) In order that the Plan be maintained as a qualified plan and trust under the Code, contributions in respect of a Member shall be subject to the limitations set forth in this Section, notwithstanding any other provision of the Plan. The contributions in respect of a Member to which this Section is applicable are his own contributions and/or deferrals and the Employer's ’s contributions. For purposes of this Section 10.111.1, a Member's ’s contributions shall be determined without regard to any rollover contributions as provided in Section 402(a)(5) of the Code.

Appears in 3 contracts

Samples: Trust Agreement (Northeast Community Bancorp Inc), Adoption Agreement (Newport Bancorp Inc), Adoption Agreement (Sugar Creek Financial Corp)

General Limitations. (A) In order that the Plan be maintained as a qualified plan and trust under the Code, contributions in respect of a Member shall be subject to the limitations set forth in this Section, notwithstanding any other provision of the Plan. The contributions in respect of a Member to which this Section is applicable are his own contributions and/or deferrals and the Employer's ’s contributions. For purposes of this Section 10.111.1, a Member's =s contributions shall be determined without regard to any rollover contributions as provided in Code Section 402(a)(5) of the Code).

Appears in 1 contract

Samples: Adoption Agreement (Cape Bancorp, Inc.)

General Limitations. (A) In order that the Plan be maintained as a qualified plan and trust under the Code, contributions in respect of a Member shall be subject to the limitations set forth in this Section, notwithstanding any other provision of the Plan. The contributions in respect of a Member to which this Section is applicable are his own contributions and/or deferrals and the Employer's contributions. For purposes of this Section 10.111.1, a Member's =s contributions shall be determined without regard to any rollover contributions as provided in Code Section 402(a)(5) of the Code).

Appears in 1 contract

Samples: Adoption Agreement (Sugar Creek Financial Corp./Md/)

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General Limitations. (A) In order that the Plan be maintained as a qualified plan and trust under the Code, contributions in respect of a Member shall be subject to the limitations set forth in this Section, notwithstanding any other provision of the Plan. The contributions in respect of a Member to which this Section is applicable are his own contributions and/or deferrals and the Employer's ’s contributions. For purposes of this Section 10.111.1, a Member's ’s contributions shall be determined without regard to any rollover contributions as provided in Code Section 402(a)(5) of the Code).

Appears in 1 contract

Samples: Adoption Agreement (First Savings Financial Group Inc)

General Limitations. (A) In order that the Plan be maintained as a qualified plan and trust under the Code, contributions in respect of a Member shall be subject to the limitations set forth in this Section, notwithstanding any other provision of the Plan. The contributions in respect of a Member to which this Section is applicable are his own contributions and/or deferrals and the Employer's ’s contributions. For purposes of this Section 10.1, a Member's ’s contributions shall be determined without regard to any rollover contributions as provided in Section 402(a)(5) of the Code.

Appears in 1 contract

Samples: Adoption Agreement (Ottawa Savings Bancorp, Inc.)

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