Common use of Reduce Contributions Clause in Contracts

Reduce Contributions. Forfeitures shall be used to reduce contribution required to be made by the Employer for the next Plan Year as described in subparagraph 4.9(b) of the Plan.

Appears in 1 contract

Sources: Adoption Agreement (C & F Financial Corp)

Reduce Contributions. Forfeitures shall be used to reduce contribution the contributions required to be made by the Employer for the next Plan Year as described in subparagraph 4.9(b4.10(b) of the Plan.

Appears in 1 contract

Sources: Profit Sharing Plan Adoption Agreement (Southern National Bancorp of Virginia Inc)