Common use of LIMITATION BASED UPON CONTRIBUTION PERCENTAGE Clause in Contracts

LIMITATION BASED UPON CONTRIBUTION PERCENTAGE. The Contribution Percentage for eligible Highly Compensated Employees for any Plan Year must bear a relationship to the Actual Contribution Percentage for all other eligible Employees for the preceding Plan Year which meets either of the following tests:

Appears in 3 contracts

Samples: Quanex Corporation Employee Savings Plan (Quanex Corp), Quanex Corporation Employees (Quanex Corp), Quanex Corp

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LIMITATION BASED UPON CONTRIBUTION PERCENTAGE. The Contribution Percentage for eligible Highly Compensated Employees for any the Current Plan Year must bear a relationship to the Actual Contribution Percentage for all other eligible Employees for the preceding Preceding Plan Year which meets either of the following tests:

Appears in 2 contracts

Samples: Mens Wearhouse Inc, Mens Wearhouse Inc

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