NON-INTEGRATED ALLOCATION Clause Samples
The Non-Integrated Allocation clause defines how certain resources, costs, or responsibilities are distributed between parties without combining or pooling them. In practice, this means that each party retains separate control and accounting over their allocated share, rather than merging them into a single, unified system. For example, in a joint venture, each partner might be responsible for their own expenses and liabilities rather than sharing them collectively. This clause ensures clear boundaries and accountability, preventing confusion or disputes over shared obligations and helping to allocate risk more transparently.
NON-INTEGRATED ALLOCATION. 1. [ ] in the same ratio as each Participant's Compensation bears to the total of such Compensation of all Participants
2. [ ] in the same dollar amount to all Participants (per capita)
3. [ ] in the same dollar amount per Hour of Service completed by each Participant
4. [ ] in the same proportion that each Participant's points bears to the total of such points of all Participants. A Participant's points with respect to any Plan Year will be computed as follows (select all that apply):
a. [ ] point(s) will be allocated for each Year of Service (or Period of Service). However, the maximum Years (or Periods if elapsed time method is selected) of Service taken into account will not exceed:
1. [ ] (leave blank if no limit on service applies). Year of Service (or Period of Service if applicable), means:
2. [ ] service for eligibility purposes
3. [ ] service for vesting purposes
b. [ ] point(s) will be allocated for each full $ (may not exceed $200) of Compensation
c. [ ] point(s) will be allocated for each year of age as of the last day of the Plan Year
NON-INTEGRATED ALLOCATION. The Employer Contributions Account of each Participant eligible to share in the allocation for a Plan Year shall be credited with a portion of the contribution, plus any forfeitures if forfeitures are reallocated to Participants, equal to the ratio that the Participant's Compensation for the Plan Year bears to the Compensation for that Plan Year of all Participants entitled to share in the contribution.
NON-INTEGRATED ALLOCATION. In the same ratio as each Participant's Compensation bears to the total of such Compensation of all Participants.
NON-INTEGRATED ALLOCATION. 1. [ ] In the same ratio as each Participant's Compensation bears to the total of such Compensation of all Participants.
2. [ ] In the same dollar amount to all Participants (per capita).
3. [ ] In the same dollar amount per Hour of Service completed by each Participant.
NON-INTEGRATED ALLOCATION. 1. [ ] In the same ratio as each Participant's Compensation bears to the total of such Compensation of all Participants.
2. [ ] In the same dollar amount to all Participants (per capita).
3. [ ] In the same dollar amount per Hour of Service completed by each Participant.
4. [ ] In the same proportion that each Participant's points bears to the total of such points of all Participants. A Participant's points with respect to any Plan Year shall be computed as follows (select all that apply):
a. [ ] point(s) shall be allocated for each Year of Service (or Period of Service if the Elapsed Time method is selected). However, the maximum Years (or Periods) of Service taken into account shall not exceed (leave blank if no limit on service applies).
b. [ ] point(s) shall be allocated for each full $ (may not exceed $200) of Compensation.
c. [ ] point(s) shall be allocated for each year of age as of the end of the Plan Year.
d. [ ] Service for eligibility purposes.
e. [ ] Service for vesting purposes.
NON-INTEGRATED ALLOCATION. 1. In the same ratio as each Participant's Compensation bears to the total of such Compensation of all Participants.
2. In the same dollar amount to all Participants (per capita).
3. In the same dollar amount per Hour of Service completed by each Participant.
4. In the same proportion that each Participant's points bears to the total of such points of all Participants. A Participant's points with respect to any Plan Year shall be computed as follows (select all that apply):
a. point(s) shall be allocated for each Year of Service (or Period of Service if the Elapsed Time method is selected). However, the maximum Years (or Periods) of Service taken into account shall not exceed (leave blank if no limit on service applies).
b. point(s) shall be allocated for each full $ (may not exceed $200) of Compensation.
c. point(s) shall be allocated for each year of age as of the end of the Plan Year.
d. Service for eligibility purposes.
e. Service for vesting purposes.
f. INTEGRATED (PERMITTED DISPARITY) ALLOCATION
1. The Taxable Wage Base.
2. (not to exceed 100%) of the Taxable Wage Base. (see Note below)
3. 80% of the Taxable Wage Base plus $1.00.
4. $ (not greater than the Taxable Wage Base). (see Note below)