Common use of Limitations on Contributions Clause in Contracts

Limitations on Contributions. A.2.1 LIMITATIONS BASED UPON DEDUCTIBILITY AND THE MAXIMUM ALLOCATION PERMITTED TO A PARTICIPANT'S ACCOUNT. Notwithstanding any other provision of the Plan, no Employer shall make any contribution that would be a nondeductible contribution within the meaning of section 4972 of the Code or that would cause the limitation on allocations to each Participant's Account under section 415 of the Code and Section A.4.1 to be exceeded.

Appears in 4 contracts

Samples: Quanex Corp, Quanex Corp, Quanex Corp

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Limitations on Contributions. A.2.1 LIMITATIONS BASED UPON DEDUCTIBILITY AND THE MAXIMUM ALLOCATION PERMITTED TO A PARTICIPANTMEMBER'S ACCOUNT. Notwithstanding any other provision of the Plan, no Employer shall make any contribution that would be a nondeductible contribution within the meaning of section 4972 of the Code or that would cause the limitation on allocations to each ParticipantMember's Account under section 415 of the Code and Section A.4.1 to be exceeded.

Appears in 2 contracts

Samples: Mens Wearhouse Inc, Mens Wearhouse Inc

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