Common use of Maximum Annual Addition Clause in Contracts

Maximum Annual Addition. All contributions to the Plan are subject to the limitations of Section 415 of the Code, which are incorporated herein by reference. The maximum "Annual Addition" credited to a Participant's Account during any Limitation Year shall not exceed the lesser of (a) $30,000, as Adjusted, or (b) 25% of the Participant's compensation (as defined below) from the Employer and all Affiliates during the Limitation Year.