Limitation on Annual Additions. This c. should be checked only if the Employer maintains another Defined Contribution Plan in which any Participant is a participant, and the Employer will not apply the rules set forth under Section 7.2 of the BPD. [Note: If this c. is checked, attach an addendum to this Agreement describing how the Employer will limit Annual Additions.]
Limitation on Annual Additions. In no event shall amounts be allocated to the Account of any Participant if, or to the extent, such amounts would exceed the limitations set forth in Appendix A to this Plan Statement.
Limitation on Annual Additions. Subject to Section 6.5, the aggregate Annual Additions to this Plan and all other defined contribution plans (including all plans or portions thereof subject to section 415(c) of the Code) maintained by all Employers and Affiliates for any Limitation Year beginning on or after January 1, 2002 shall not exceed the lesser of (a) $40,000 as adjusted pursuant to section 415(d) of the Code, or (b) 100 percent of the Member's Earnings for such year.
Limitation on Annual Additions. (a) Notwithstanding anything in this Section 2 to the contrary, the total annual additions made to the Contract on behalf of a Participant for any year may not exceed the limits imposed by section 415 of the Code, as they may be adjusted from time to time. The limits of section 415 of the Code applicable to 403(b) annuity contracts are herein incorporated by reference.
Limitation on Annual Additions. Anything in this Article VII to the contrary notwithstanding, in no event shall Member Contributions made with respect to any Plan Year regarding a Member subject to the Police CBA exceed the lesser of $54,000 (as modified for cost of living adjustments under Section 415 of the Code) or one hundred percent (100%) of such Member’s compensation, as defined by Section 415(c)(3) of the Code, for the Plan Year.
Limitation on Annual Additions. 5.04(1) Notwithstanding any other provision of the Plan, the sum of the Annual Additions to a Participant’s Account for any Limitation Year shall not exceed the lesser of:
Limitation on Annual Additions. Notwithstanding any other provision of this Plan, the aggregate Annual Addition with respect to a Participant's Account to this Plan and to all other defined contribution plans maintained by the Company in any Limitation Year may not exceed the lesser of:
Limitation on Annual Additions. Notwithstanding anything to the contrary contained in this Article 6, the following limitations shall apply:
Limitation on Annual Additions. This c. should be checked only if the Employer maintains another Defined Contribution Plan (other than a Paired Plan) in which any Participant is a participant and the Employer will not apply the rules set forth under Section 7.2 of the BPD. Instead, the Employer will limit Annual Additions in the following manner: o73. Special definition of Disabled. In applying all allocation conditions under Parts 4B and 4C, the special vesting provisions under Part 6, and the distribution provisions under Parts 9 and 10 of this Agreement, the following definition of Disabled applies instead of the definition under Section 22.53 of the BPD: [Note: Any definition included under this #7B must satisfy the requirements of §1.401(a)(4) of the regulations and must be applied uniformly to all Participants.]
Limitation on Annual Additions. Notwithstanding anything else contained herein, the Annual Additions, as defined in Appendix A, to the ESOP account of a Participant shall not exceed the lesser of $30,000 (as adjusted for increases in the cost of living as described in Code Section 415(d)) or 25% of the Participant’s Section 415 Compensation from the Company and all Related Companies during the Plan Year, in accordance with the provisions of Appendix A attached hereto. If, in any Plan Year, no more than one-third of contributions to the Plan are allocated to Participants who are Highly Compensated Employees, the $30,000 limitation (as adjusted) shall be increased by the lesser of $30,000 or the amount of Stock contributed or purchased with cash contributed to the Plan and the above limitations shall not apply to contributions to the Plan which are used to make interest payments under an Exempt Loan.
