Common use of METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION Clause in Contracts

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under (e), (f), (g) or (h); (i) is mandatory if the Employer elects (f), (g) or (h); (i) is optional in addition to any other election.)

Appears in 2 contracts

Samples: Adoption Agreement (Ce Software Inc), Adoption Agreement (Midcoast Energy Resources Inc)

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METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under CHOOSE AN ALLOCATION METHOD UNDER (eE), (fF), (gG) or OR (hH); (iI) is mandatory if the Employer elects IS MANDATORY IF THE EMPLOYER ELECTS (fF), (gG) or OR (hH); (iJ) is optional in addition to any other electionIS OPTIONAL IN ADDITION TO ANY OTHER ELECTION.) [X] (e) NONINTEGRATED ALLOCATION FORMULA. (CHOOSE (1) OR (2))

Appears in 2 contracts

Samples: Adoption Agreement (American Community Bancshares Inc), Dollar Thrifty Automotive Group Inc

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under (e), (f), (g) or (h)) ; (i) is mandatory if the Employer elects (f), (g) or (h); (i) is optional in addition to any other election.) [X] (e) NONINTEGRATED ALLOCATION FORMULA. (Choose (l) or (2))

Appears in 1 contract

Samples: Adoption Agreement (Hollis Eden Pharmaceuticals Inc /De/)

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under (e), (f), (g) or (h); (i) is mandatory if the Employer elects (f), (g) or (h); (ij) is optional in addition to any other election.) [X] (e)NONINTEGRATED ALLOCATION FORMULA. (Choose (1) or (2))

Appears in 1 contract

Samples: Adoption Agreement (Allied Capital Corp)

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under (e), (f), (g) or (h); (i) is mandatory if the Employer elects (f), (g) or (h); (ij) is optional in addition to any other election.) [N/A] (e) NONINTEGRATED ALLOCATION FORMULA. (Choose (1) or (2))

Appears in 1 contract

Samples: Plan and Trust Agreement (Horizon Health Corp /De/)

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under CHOOSE AN ALLOCATION METHOD UNDER (e), (f), (g) or OR (h); (i) is mandatory if the Employer elects IS MANDATORY IF THE EMPLOYER ELECTS (f), (g) or OR (h); (ij) is optional in addition to any other electionIS OPTIONAL IN ADDITION TO ANY OTHER ELECTION.)

Appears in 1 contract

Samples: Adoption Agreement (Active Voice Corp)

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under CHOOSE AN ALLOCATION METHOD UNDER (e), (f), (g) or OR (h); (i) is mandatory if the Employer elects IS MANDATORY IF THE EMPLOYER ELECTS (f), (g) or OR (h); (ij) is optional in addition to any other electionIS OPTIONAL IN ADDITION TO ANY OTHER ELECTION.) [ ] (e) NONINTEGRATED ALLOCATION FORMULA. (CHOOSE (1) OR (2))

Appears in 1 contract

Samples: Adoption Agreement (Recovery Engineering Inc)

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributionscon tributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under (e), (f), (g) or (h); (i) is mandatory if the Employer elects (f), (g) or (h); (ij) is optional in addition to any other election.) [ X ] (e) NONINTEGRATED ALLOCATION FORMULA. (Choose (1) or (2))

Appears in 1 contract

Samples: Adoption Agreement (Eglobe Inc)

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METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under CHOOSE AN ALLOCATION METHOD UNDER (eE), (fF), (gG) or OR (hH); (iI) is mandatory if the Employer elects IS MANDATORY IF THE EMPLOYER ELECTS (fF), (gG) or OR (hH); (iJ) is optional in addition to any other electionIS OPTIONAL IN ADDITION TO ANY OTHER ELECTION.) [ ] (e) NONINTEGRATED ALLOCATION FORMULA. (CHOOSE (1) OR (2))

Appears in 1 contract

Samples: World Acceptance Corp

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under CHOOSE AN ALLOCATION METHOD UNDER (eE), (fF), (gG) or OR (hH); (iI) is mandatory if the Employer elects IS MANDATORY IF THE EMPLOYER ELECTS (fF), (gG) or OR (hH); (iJ) is optional in addition to any other electionIS OPTIONAL IN ADDITION TO ANY OTHER ELECTION.) [x] (e) NONINTEGRATED ALLOCATION FORMULA. (CHOOSE (1) OF (2))

Appears in 1 contract

Samples: Adoption Agreement (Pluma Inc)

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under CHOOSE AN ALLOCATION METHOD UNDER (e), (f), (g) or OR (h); (i) is mandatory if the Employer elects IS MANDATORY IF THE EMPLOYER ELECTS (f), (g) or OR (h); (ij) is optional in addition to any other electionIS OPTIONAL IN ADDITION TO ANY OTHER ELECTION.) [X] (e) NONINTEGRATED ALLOCATION FORMULA. (CHOOSE (1) OR (2))

Appears in 1 contract

Samples: Adoption Agreement (Valley Community Bancshares Inc)

METHOD OF ALLOCATION - NONELECTIVE CONTRIBUTION. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04. If the Employer elects Option (e)(2), Option (g)(2) or Option (h), for the first 3% of Compensation allocated to all Participants, "Compensation" does not include any exclusions elected under Adoption Agreement Section 1.12 (other than the exclusion of elective contributions), and the Advisory Committee must take into account the Participant's Compensation for the entire Plan Year. (Choose an allocation method under (e), (f), (g) or (h); (i) is mandatory if the Employer elects (f), (g) or (h); (ij) is optional in addition to any other election.) [N/A] (e) NONINTEGRATED ALLOCATION FORMULA. (Choose (1) or (2)) [N/A] (1) The Advisory Committee will allocate the annual nonelective contributions in the same ratio that each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for the Plan Year.

Appears in 1 contract

Samples: Adoption Agreement (Mercury Air Group Inc)

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