No Plan Allocations. If, for a Plan Year, there are no allocations of Employer Contributions or of forfeitures for any Key Employee, the Plan does not require any Top-Heavy Minimum Allocation for the Plan Year, unless a Top-Heavy Minimum Allocation applies because of the maintenance by the Employer of more than one plan.
Appears in 2 contracts
Samples: Adoption Agreement (Knowles Corp), Plan and Trust Agreement (Finisar Corp)
No Plan Allocations. If, for a Plan Year, there are no allocations of Employer Contributions or of forfeitures for any Key Employee, the Plan does not require any Top-Top- Heavy Minimum Allocation for the Plan Year, unless a Top-Heavy Minimum Allocation applies because of the maintenance by the Employer of more than one plan.
Appears in 1 contract
No Plan Allocations. If, for a Plan Year, there are no allocations of Employer Contributions or of forfeitures for any Key Employee, the Plan does not require any Top-Heavy Top‑Heavy Minimum Allocation for the Plan Year, unless a Top-Heavy Top‑Heavy Minimum Allocation applies because of the maintenance by the Employer of more than one plan.
Appears in 1 contract