Common use of Tier Two Clause in Contracts

Tier Two. Under the second tier, the Plan Administrator will allocate any remaining Employer Contributions for a Plan Year in the same ratio that each Participant’s Compensation for the Plan Year bears to the total Compensation of all Participants for the Plan Year.

Tier Two. Under the second tier, the Plan Administrator will allocate any remaining the Employer Contributions for a Plan Year in the same ratio that each Participant’s 's Excess Compensation (as the Employer defines that term in its Adoption Agreement) for the Plan Year bears to the total Excess Compensation of all Participants for the Plan Year, but not exceeding 3% of each Participant's Excess Compensation.

Tier Two. Under the second tier, the Plan Administrator will allocate any remaining the Employer Contributions for a Defined Contribution Prototype and Volume Submitter Plan Plan Year in the same ratio that each Participant’s 's Excess Compensation (as the Employer defines that term in its Adoption Agreement) for the Plan Year bears to the total Excess Compensation of all Participants for the Plan Year, but not exceeding 3% of each Participant's Excess Compensation.

Tier Two. Under the second tier, the Plan Administrator will allocate any remaining Employer Contributions for a Plan Year in the same ratio that each Participant’s 's Compensation for the Plan Year bears to the total Compensation of all Participants for the Plan Year.

Tier Two. Under the second tier, the Plan Administrator will allocate any remaining the Employer Contributions for a Plan Year in the same ratio that each Participant’s Excess Compensation (as the Employer defines that term in its Adoption Agreement) for the Plan Year bears to the total Excess Compensation of all Participants for the Plan Year, but not exceeding 3% of each Participant’s Excess Compensation.