Common use of Top-Heavy Ratio Clause in Contracts

Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:

Appears in 7 contracts

Samples: Adoption Agreement (Samuels Jewelers Inc), Merrill Lynch (Media 100 Inc), Adoption Agreement (Good Guys Inc)

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Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest rate: % (insert a reasonable interest rate) Mortality table: (insert a reasonable mortality table)

Appears in 2 contracts

Samples: Non Standardized (Colfax CORP), SXC Health Solutions Corp.

Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8% Mortality Table: UP `84

Appears in 2 contracts

Samples: Adoption Agreement (Gadzooks Inc), Adoption Agreement (Gadzooks Inc)

Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8% ------ Mortality Table: UP '84 ------

Appears in 2 contracts

Samples: Adoption Agreement (Corporate Realty Consultants Inc), Adoption Agreement (Innerdyne Inc)

Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 7 % Mortality Table: GAM '71

Appears in 1 contract

Samples: Adoption Agreement (Pennfed Financial Services Inc)

Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following: Interest Rate: 8% -- Mortality Table:UP'84 -----

Appears in 1 contract

Samples: Adoption Agreement (Prentiss Properties Trust/Md)

Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest rate: 8% (insert a reasonable interest rate) Mortality table: UP '84 (insert a reasonable mortality rate)

Appears in 1 contract

Samples: Books a Million Inc

Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8% --- Mortality Table: UP '84 ------

Appears in 1 contract

Samples: Adoption Agreement (Sterling Financial Corp /Wa/)

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Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 5% Mortality Table: GAM

Appears in 1 contract

Samples: Adoption Agreement (Bertuccis of White Marsh Inc)

Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8 % --------- Mortality Table: UP '84 ---------

Appears in 1 contract

Samples: Prototype Defined Contribution Plan Adoption Agreement (Seitel Inc)

Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8 % --- Mortality Table: UP '84 ------

Appears in 1 contract

Samples: Adoption Agreement (MSC Industrial Direct Co Inc)

Top-Heavy Ratio. (a) If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8 % ------ Mortality Table: UP' 84 ------

Appears in 1 contract

Samples: Aastrom Biosciences Inc

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