Overriding Minimum Benefit. Notwithstanding, contributions shall be permitted on behalf of Key Employees if the Employer also maintains a defined benefit plan which automatically provides a benefit which satisfies the Code section 416(c)(1) minimum benefit requirements, including the adjustment provided in Code section 416(h)
Appears in 4 contracts
Sources: 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc), Savings Plan and Trust Agreement (Riviana Foods Inc /De/), 401(k) Plan Amendment (Longview Fibre Co)