Common use of Top Heavy Rules Clause in Contracts

Top Heavy Rules. If the Plan is or becomes a Top Heavy Plan, the provisions of the Plan and the Adoption Agreement containing top heavy rules required by Section 416 of the Code shall supersede any conflicting provisions of the Plan or the Adoption Agreement.

Appears in 1 contract

Sources: Adoption Agreement (C & F Financial Corp)

Top Heavy Rules. If the Plan is or becomes a Top Heavy Plan, the provisions of the Plan and the Adoption Agreement containing top heavy rules required by Section 416 of the Code shall supersede any conflicting provisions of the Plan or the Adoption Agreement. (a) Top Heavy Compensation Subparagraph 3.1

Appears in 1 contract

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