ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. A "valuation date" under this Plan is each Accounting Date and each interim valuation date determined under Section 10.14. As of each valuation date the Advisory Committee must adjust Accounts to reflect net income, gain or loss since the last valuation date. The valuation period is the period beginning the day after the last valuation date and ending on the current valuation date.
ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. Pursuant to Section 14.12, to determine the allocation of net income, gain or loss: (Complete only those items, if any, which are applicable to the Employer's Plan)
ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. This Section 9.08 applies solely to the allocation of net income, gain or loss of the Trust Fund. The Plan Administrator will allocate Employer contributions and Participant forfeitures, if any, in accordance with Article III. A "valuation date" under this Plan is each: (1) Accounting Date; (2) valuation date the Employer elects in its Adoption Agreement Section 10.15; or (3) valuation date the Plan Administrator establishes under Section 9.03. The Employer in its Adoption Agreement Section 10.15 or the Plan Administrator may elect alternative valuation dates for the different Account types which the Plan Administrator maintains under the Plan. As of each valuation date, the Plan Administrator must adjust Accounts to reflect net income, gain or loss since the last valuation date. The valuation period is the period beginning on the day after the last valuation date and ending on the current valuation date. The Plan Administrator will allocate net income, gain or loss to the Participant Accounts in accordance with the daily valuation method, balance forward method, weighted average method, or other method the Employer elects under its Adoption Agreement. The Employer in its Adoption Agreement may elect alternative methods under which the Plan Administrator will allocate the net income, gain or loss to the different Account types which the Plan Administrator maintains under the Plan. If the Employer in its Adoption Agreement elects to apply a weighted average allocation method, the Plan Administrator will treat a weighted portion of the applicable contributions as if includible in the Participant's Account as of the beginning of the valuation period. The weighted portion is a fraction, the numerator of which is the number of months in the valuation period, excluding each month in the valuation period which begins prior to the contribution date of the applicable contributions, and the denominator of which is the number of months in the valuation period. The Employer in its Adoption Agreement may elect to substitute a weighting period other than months for purposes of this weighted average allocation. If the Employer in its Adoption Agreement elects to apply the daily valuation method, the Plan Administrator will allocate the net income, gain or loss on each day of the Plan Year for which Plan assets are valued on an established market and the Trustee is conducting business. If the Employer in its Adoption Agreement elects to apply the balance forward method, t...
ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. Pursuant to Section 14.12, to determine the allocation of net income, gain or loss: (Complete only those items, if any, which are applicable to the Employer's Plan) [X ] (a) For salary reduction contributions, the Advisory Committee will: (Choose (1), (2), (3), (4) or (5)) [X ] (1) Apply Section 9.11 without modification. [ ] (2) Use the segregated account approach described in Section 14.12. [ ] (3) Use the weighted average method described in Section 14.12, based on a weighting period. [ ] (4) Treat as part of the relevant Account at the beginning of the valuation period __________% of the salary reduction contributions: (Choose (i) or (ii)) [ ] (i) made during that valuation period. [ ] (ii) made by the following specified time: . [ ] (5) Apply the allocation method described in the addendum to this Adoption Agreement numbered 9.11(a). [X ] (b) For matching contributions, the Advisory Committee will: (Choose (1), (2), (3) or (4)) [X ] (1) Apply Section 9.11 without modification. [ ] (2) Use the weighted average method described in Section 14.12, based on a weighting period. [ ] (3) Treat as part of the relevant Account at the beginning of the valuation period __________% of the matching contributions allocated during the valuation period. [ ] (4) Apply the allocation method described in the addendum to this Adoption Agreement numbered 9.11(b). N/A [ ] (c) For Participant nondeductible contributions, the Advisory Committee will: (Choose (1), (2), (3), (4) or (5)) [ ] (1) Apply Section 9.11 without modification. [ ] (2) Use the segregated account approach described in Section 14.12. [ ] (3) Use the weighted average method described in Section 14.12, based on a weighting period. [ ] (4) Treat as part of the relevant Account at the beginning of the valuation period __________% of the Participant nondeductible contributions: (Choose (i) or (ii)) [ ] (i) made during that valuation period. [ ] (ii) made by the following specified time: . [ ] (5) Apply the allocation method described in the addendum to this Adoption Agreement numbered 9.11(c). ARTICLE X TRUSTEE AND CUSTODIAN, POWERS AND DUTIES 10.03
ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. Pursuant to Section 14.12, to determine the allocation of net income, gain or loss: (Complete only those items, if any, which are applicable to the Employers' Plan) [n/a] (a) For salary, reduction contributions, the Advisory Committee will: (Choose (1), (2), (3), (4) or (5)) [n/a] (1) Apply Section 9.11 without modification. [n/a] (2) Use the segregated account approach described in Section 14.12. [n/a] (3) Use the weighted average method described in Section 14.12, based on a __ weighting period. [n/a] (4) Treat as part of the relevant Account at the beginning of the valuation period __ % of the salary reduction contributions: (Choose (a) or (b)) [n/a] (a) made during that valuation period. [n/a] (b) made by the following specified time: __. [n/a] (5) Apply the allocation method described in the addendum to this Adoption Agreement numbered 9.11(a). [X] (b) For matching contributions, the Advisory Committee will: (Choose (1), (2), (3) or (4))
ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. A ------------------------------------------------------------ "Valuation Date" under this Plan is each Adjustment Date and each interim Valuation Date determined under the Employer's Adoption Agreement Section 1.51. As of each Valuation Date the Plan Administrator must adjust Accounts to reflect net income, gain or loss since the last Valuation Date. The valuation period is the period beginning the day after the last Valuation Date and ending on the current Valuation Date.
ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. The Employer may elect to allocate Trust Fund earnings and losses on amounts contributed to the Plan after the previous Adjustment Date, or Valuation Date, in a manner other than the manner provided in Section 10.08, which uses the "beginning balance," as follows: [X] (a) No modification to Section 10.08. [ ] (b) by using a weighted average [ ] (c) by treating one-half of all such contributions as being a part of the Participant's nonsegregated Account Balance as of the previous Adjustment Date. [ ] (d) (SPECIFY)____________________________________________ _____________________________________________________ _____________________________________________________ 031694 ADOPTION AGREEMENT NONSTANDARDIZED 401(K) PLAN AND TRUST The undersigned, KRISPY KREME DOUGHNUT CORPORATION ("Employer"), by executing this Adoption Agreement, elects to become a participating Employer in the PETREE STOCKTON, L.L.P. 401(k) VOLUME SUBMITTER PLAN AND TRUST by axxxxxxg xxx xxcompanying Plan and Trust in full as if the Employer were a signatory to that Agreement. The Employer makes the following elections granted under the provisions of the Volume Submitter Plan document.
ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. The Employer --------------------------------------------------------- may elect to allocate Trust Fund earnings and losses on amounts contributed to the Plan after the previous Adjustment Date, or Valuation Date, in a manner other than the manner provided in Section 10.08, which uses the "beginning balance," as follows:
ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. Pursuant to ------------------------------------------------------ Section 14.12, to determine the allocation of net income, gain or loss: (Choose only those items, if any, which are applicable to the Employer's Plan) [X] (a) For salary reduction contributions, the Advisory Committee will: (Choose (1), (2), (3) or (4)) [X] (1) Apply Section 9.11 without modification. [_] (2) Use the segregated account approach described in Section 14.12. [_] (3) Use the weighted average method described in Section 14.12, based on a__________________ weighting period. [_] (4) Treat as part of the relevant Account at the beginning of the valuation period ___________% of the salary reduction contributions:(Choose (i) or(ii))
ALLOCATION AND DISTRIBUTION OF NET INCOME GAIN OR LOSS. Pursuant to Section 14.12, the elections in this Section 9.11 apply to the allocation of net income, gain or loss attributable to salary reduction contributions, matching contributions and Participant nondeductible contributions. Unless otherwise specified, the elections apply to all these contributions. (Choose at least one) [ ] (a) Apply Section 9.11 without modification. [X] (b) Use the segregated account approach described in Section 14.12. [ ] (c) Use the weighted average method described in Section 14.12, based on a _____________________________________________________________________ weighting period.
