Common use of Minimum Benefit Clause in Contracts

Minimum Benefit. The Company’s contribution to a Worker Member’s Company Matching Contribution Account shall be increased as necessary so that it equals at least 3 percent (3%) of the Worker Member’s compensation (including Deferral Contributions and Company Matching Contributions, in accordance with Code Section 416) except that this Section 19.2 shall not apply if: (a) the Worker Member is also a participant in a defined benefit plan of the Company, (b) the defined benefit plan is a top-heavy plan, and (c) the Worker Member receives from such defined benefit plan the defined benefit minimum required under Section 416(c)(1) of the Code.