Common use of Highest Average Compensation Clause in Contracts

Highest Average Compensation. The average _415 Compensation for the three consecutive years of service with the Employer that produces the highest average. A year of service with the Employer is the Limitation Year specified in the Adoption Agreement.

Appears in 1 contract

Sources: Profit Sharing Plan and Trust Agreement (Brigham Exploration Co)

Highest Average Compensation. The average _415 Compensation for the three consecutive years of service with the Employer that produces the highest average. A year of service with the Employer is the Limitation 12 consecutive month period corresponding to the Plan Year specified as defined in Section A-1. 54 of the Adoption Agreement.

Appears in 1 contract

Sources: 401(k) Salary Reduction Adoption Agreement (PCB Holding Co)

Highest Average Compensation. The average _415 Compensation compensation for the three consecutive years Years of service Service with the Employer that produces the highest average. A year Year of service Service with the Employer is the Limitation Year specified 12 consecutive month period defined in the Adoption Agreement.

Appears in 1 contract

Sources: Profit Sharing Plan (First Keystone Corp)