Common use of Limitation on Compensation Clause in Contracts

Limitation on Compensation. For Plan Years beginning after January 1, 1994, only the first $150,000 (or such other amount as may be prescribed by the Secretary of the Treasury or his or her delegate) of a Participant's Compensation for the Plan Year shall be taken into account for purposes of allocating Employer Contributions under this Article XXIII.

Appears in 2 contracts

Samples: Associated Estates Realty Corp, United States Lime & Minerals Inc

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Limitation on Compensation. For Plan Years beginning after January 1, 1994, only the first $150,000 (or such other amount as may be prescribed by the Secretary of the Treasury or his or her delegate) of a Participant's Compensation for the Plan Year shall be taken into account for purposes of allocating Employer Contributions under this Article XXIII.. 23.06

Appears in 1 contract

Samples: United States Lime & Minerals Inc

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Limitation on Compensation. For Plan Years beginning after January -------------------------- 1, 1994, only the first $150,000 (or such other amount as may be prescribed by the Secretary of the Treasury or his or her delegate) of a Participant's Compensation for the Plan Year shall be taken into account for purposes of allocating Employer Contributions under this Article XXIII.

Appears in 1 contract

Samples: Chandler Insurance Co LTD

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