Normal Limitation. Except as provided in Section 5.02, the maximum amount of Deferred Compensation for any Participant for any taxable year, shall not exceed the lesser of the Dollar Limitation or the Percentage Limitation.
Appears in 2 contracts
Sources: 457 Governmental Deferred Compensation Plan and Trust, 457 Governmental Deferred Compensation Plan and Trust
Normal Limitation. Except as provided in Section 5.024.2, the maximum amount of Deferred Compensation for any Participant for any taxable year, shall not exceed the lesser of the Dollar Limitation or the Percentage Limitation.
Appears in 1 contract
Sources: Deferred Compensation Plan