Allocation of Company Contributions. Except as provided in Section 4.7, the Company contributions for each Plan Year shall be allocated among the Company Contributions Accounts of all Employees who were Participants on the Anniversary Date of that Plan Year or whose employment with the Companies terminated during that Plan Year because of death, Total Disability or Deferred or Normal Retirement proportionately in the ratio that the Compensation paid to such Participant, if any, for that Plan Year or since becoming a Participant in this Plan if he became a Participant within that Plan Year bears to the aggregate Compensation paid to all Participants for that Plan Year or since becoming Participants in this Plan if they became Participants within that Plan Year. To the extent cash dividends are applied to pay of an Exempt Loan under Section 4.5 and notwithstanding anything contained herein to the contrary, Company contributions shall first be applied towards crediting the Participant's Company Contributions Account to which the cash dividends would have been allocated before they are allocated under the preceding provisions of this Section.
Allocation of Company Contributions. ..13 Section 4.3. Limitations on Annual Additions..............13 Clause (a). Basic Limitations......................13 Clause (b). Participation in Other Plans...........14 Section 4.4. Effective Date of Allocations................14 Section 4.5. Cash Dividends...............................14 Section 4.6.
Allocation of Company Contributions. Upon receiving the total regular and supplemental contributions made by the Company for the Limitation Year and the schedule required to be furnished to the Trustee pursuant to Section 5.02, and after the Account balances of the Members have been adjusted as provided in Section 5.06 and forfeitures determined and allocated under Section 5.04, the Trustee shall allocate a portion of the sum of Company contributions to the Account of each Member listed on said schedule, which amount shall bear the same ratio to the sum of Company contributions as the Compensation of each Member shown on said schedule bears to the total Compensation listed for all such Members.
Allocation of Company Contributions. As of each Anniversary Date the Company Contribution for the Plan Year from each Company shall be allocated among the Participants Accounts of all Participants of each Company who are (a) Active Participants employed by the Company on the Anniversary Date, or (b) Participants whose employment terminated by reason of retirement on or after his Normal or Late Retirement Date, Total Disability or death. Such Company Contribution for each Company shall be allocated to each such Participant's account in the proportion that the Compensation paid to or accrued for each such Participant during the Plan Year (even if the Participant participated in the Plan for only a portion of the Plan Year) in excess of the minimum wage bases subject to Social Security Tax as in effect on the last day of the calendar year immediately preceding the Anniversary Date bears to the total Compensation so paid to or accrued for all such Participants; provided, however, that the Company Contribution so allocated for any Plan Year shall not exceed 4.168% multiplied by the total Compensation so paid. Any excess Company Contribution not so allocated shall be allocated in the proportion that the Compensation paid to or accrued for each Participant during the Plan Year (even if the Participant participated in the Plan for only a portion of the Plan Year) bears to the total Compensation so paid to or accrued for all such Participants. Notwithstanding any provision of the Plan to the contrary, if the Plan is a Top-Heavy Plan, the Company Contribution must be allocated among the Participants' accounts so that each Participant receives an allocation of not less than three percent (3%) of such Participant's Compensation, except that such percentage shall not exceed the percentage at which contributions are made for the Key Employee for whom such percentage is the highest for the year. In the event a Participant participates or has participated in more than one qualified plan maintained by the Company, the sum of the defined benefit excess plan disparity fraction, the offset plan disparity fraction, defined contribution plan disparity fraction, and the imputed disparity fraction (as those terms are defined in I.R.C. section 401(l) and the regulations thereunder) may not exceed one (1) for the Plan Year with respect to any Employee.
Allocation of Company Contributions. Except as provided in Section 4.7, the Company contributions for each Plan Year shall be allocated among the Company Contributions Accounts of all Participants who were employed by a Company on the Anniversary Date of that Plan Year and who had completed one thousand (1,000) or more Hours of Service during that Plan Year or whose employment terminated during that Plan Year because of death, Total Disability or Deferred or Normal Retirement proportionately in the ratio that the Compensation paid to such Participant, if any, for that Plan Year bears to the aggregate Compensation paid to all Participants for that Plan Year or since becoming Participants in this Plan if they became Participants within that Plan Year.
Allocation of Company Contributions. 30 5.06 Allocation of Rollover Contributions..................... 32 5.07 Valuation and Allocation of Assets....................... 32 5.08
Allocation of Company Contributions. As soon as practicable after the end of each Plan Year for which a Company Contribution has been made to the Trust pursuant to Section 4.04, the Company shall deliver to the Committee a schedule showing the name of each Participant who (a) was an Employee of the Company on the last-day of such Plan Year and was credited with at least one thousand (1,000) Hours of Service during such Plan Year or (b) died, retired on or after Normal Retirement Age or became disabled (within the meaning of Section 7.03) during such Plan Year, and opposite the name of each such Participant the amount of Compensation paid to such Participant by the Company during such Plan Year. The schedule shall also contain such other information as the Committee may reasonably require for the proper administration of the Plan. Upon receiving such schedule and the total contribution, if any, made by the Company for such Plan Year, and after the account balances of the Participants have been adjusted as provided in Section 5.07, the Committee shall allocate a portion of the Company Contribution for the Plan Year to the Company Account of each Participant listed on such schedule on the following basis:
Allocation of Company Contributions. Except as provided in Section 4.7, the Company contributions for each Plan Year shall be allocated among the Company Contributions Accounts of all Employees:
Allocation of Company Contributions. Subject to the following provisions of this paragraph, Company contributions shall be allocated and credited to the Beneficiary's account under the Plan by the Advisor as directed by the Company at the time of the contribution.
Allocation of Company Contributions. The Board of Directors shall, in its sole discretion, determine the portion of the Company Contribution voted pursuant to Section 4.03 which shall be allocated to each Company Division (if any). Such determination shall be made on a basis which does not discriminate in favor of employees who are Highly Compensated Employees (in accordance with Section 401(a)(4) of the Code) and which complies with the requirements of Sections 401(a)(26) and 410(b) of the Code. As soon as practicable after the end of each Plan Year for which a Company Contribution has been made to the Trust pursuant to Section 4.03, the Company shall deliver to the Committee a schedule showing the amount of the Company Contribution for the Plan Year allocated to each Company Division and the name of each Participant who was an Employee of the Company
