NO COMPENSATION LIMIT FOR DEFERRALS Clause Samples

NO COMPENSATION LIMIT FOR DEFERRALS. Elective Deferral Contributions may be made with respect to Compensation that exceeds the annual compensation limit in the definition of Compensation in Plan Section 1.02, provided such Elective Deferral Contributions otherwise satisfy any applicable limitations, unless otherwise specified in (a) below. a) Elective Deferral Contributions cannot be made with respect to Compensation that exceeds the annual compensation limit. N.