Common use of Grouping Method Clause in Contracts

Grouping Method. The Principal Credit for the Principal Credit Period will equal the amount determined below (each group must be definitely determinable). (Selecting this option is inconsistent with having a safe harbor, i.e., nondiscrimination testing will generally be required 1. [ ] Group A: a. [ ] b. [ ] $ c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 2. [ ] Group B: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 3. [ ] Group C: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation c. [ ] The greater of % of "determination period" Compensation or $ DRAFT d. [ ] The lesser of % of "determination period" Compensation or $ 4. [ ] Group D: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 5. [ ] Group E: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 6. [ ] The Participant will be assigned to the classification based on the Participant's status as of the last day of the Plan Year, or if earlier, the date of termination of employment.

Grouping Method. The Principal Credit for the Principal Credit Period will equal the amount determined below (each group must be definitely determinable). (Selecting this option is inconsistent with having a safe harbor, i.e., nondiscrimination testing will generally be required.) 1. [ ] Group A:: (select one) a. [ ]] % of "determination period" Compensation b. [ ] $ c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 2. [ ] Group B: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation b. [ ] $ c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 3. [ ] Group C: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation b. [ ] $ c. [ ] The greater of % of "determination period" Compensation or $ DRAFT$ d. [ ] The lesser of % of "determination period" Compensation or $ 4. [ ] Group D: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation b. [ ] $ c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 5. [ ] Group E: (select one) a. [ ] b. [ ] $ % of "determination period" Compensation b. [ ] $ c. [ ] The greater of % of "determination period" Compensation or $ d. [ ] The lesser of % of "determination period" Compensation or $ 6. [ ] The Participant will be assigned to the classification based on the Participant's status as of the last day of the Plan Year, or if earlier, the date of termination of employment.