Qualified Nonelective Contributions. If the Employer operationally designates a nonelective contribution to be a qualified nonelective contribution for the Plan Year, the Plan Administrator will allocate that qualified nonelective contribution to the qualified nonelective contributions Account of each Participant eligible for an allocation of that designated contribution, as the Employer elects in Adoption Agreement Section 3.04.
Appears in 5 contracts
Samples: Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Participation Agreement (Petco Animal Supplies Inc), Adoption Agreement (Gold Banc Corp Inc)
Qualified Nonelective Contributions. If the Employer operationally designates a nonelective contribution to be a qualified nonelective contribution for the Plan Year, the Plan Administrator will allocate that qualified nonelective contribution to the qualified nonelective contributions Account of each Participant eligible for an allocation of Table of Contents Defined Contribution Prototype Plan that designated contribution, as the Employer elects in Adoption Agreement Section 3.04.
Appears in 1 contract
Samples: Trimeris Inc
