Common use of Limitation on Matching Contributions Clause in Contracts

Limitation on Matching Contributions. Notwithstanding any provision herein to the contrary, the average contribution percentage for all Highly Compensated Employees for each Plan Year must not exceed the average contribution percentage for all other Employees eligible to participate by more than the greater of:

Appears in 3 contracts

Samples: Adoption Agreement (Jones Medical Industries Inc /De/), Southbanc Shares Inc, Capstone Pharmacy Services Inc

AutoNDA by SimpleDocs

Limitation on Matching Contributions. Notwithstanding any provision herein to the contrary, For each Plan Year the average contribution percentage for all Actual Contribution Percentage of the Highly Compensated Employees participating hereunder for each such Plan Year must shall not exceed whichever of the average contribution percentage for all other Employees eligible to participate by more than the greater offollowing is greater:

Appears in 1 contract

Samples: Plan and Trust Agreement (Shire Pharmaceuticals Group PLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.