Application of Forfeitures. The Employer will (choose only one of (a) – (d)):
Application of Forfeitures. The Forfeitures attributable to Matching Contributions and Employer Contributions shall be
Application of Forfeitures. If a Participant forfeits any portion of his non-vested Account balance as provided in Section 6.02, 6.04, 6.07, or 11.08, such forfeitures shall be (check one):
Application of Forfeitures. Any forfeitures occurring during a Plan Year shall be applied to reduce the contributions of the Employer, unless the Employer has elected in Subsection 1.15(d)(3) of the Adoption Agreement that such remaining forfeitures shall be allocated among the Accounts of Active Participants who are eligible to receive allocations of Nonelective Employer Contributions for the Plan Year in which the forfeiture occurs. Forfeitures that are allocated among the Accounts of eligible Active Participants shall be allocated in the same manner as Nonelective Employer Contributions. If the plan is a money purchase pension plan or the Employer has elected a fixed Nonelective Employer Contribution rate rather than a discretionary rate, forfeitures shall incrementally increase the amount allocated to the Accounts of eligible Active Participants. Notwithstanding any other provision of the Plan to the contrary, forfeitures may first be used to pay administrative expenses under the Plan, as directed by the Employer. To the extent that forfeitures are not used to reduce administrative expenses under the Plan, as directed by the Employer, forfeitures will be applied in accordance with this Section 11.09. Pending application, forfeitures shall be held in the Permissible Investment selected by the Employer for such purpose or, absent Employer selection, in the most conservative Permissible Investment designated by the Employer in the Service Agreement. Notwithstanding any other provision of the Plan to the contrary, in no event may forfeitures be used to reduce the Employer's obligation to remit to the Trust (or other appropriate Plan funding vehicle) loan repayments made pursuant to Article 9, Deferral Contributions or Employee Contributions.
Application of Forfeitures. Any forfeitures occurring during a Plan Year shall be applied to reduce the contributions of the Employer. Notwithstanding any other provision of the Plan to the contrary, forfeitures shall first be used to pay administrative expenses under the Plan, if so directed by the Employer. To the extent that forfeitures are not used to reduce administrative expenses under the Plan, as directed by the Employer, forfeitures will be applied in accordance with this Section 11.09. Pending application, forfeitures shall be held in the Permissible Investment selected for such purpose pursuant to the Service Agreement. Except as permitted pursuant to EPCRS and notwithstanding any other provision of the Plan to the contrary, in no event may forfeitures be used to reduce the Employer’s obligation to remit to the Trust (or other appropriate Plan funding vehicle) loan repayments made pursuant to Article 9, Deferral Contributions, Employee Contributions, Qualified Nonelective Employer Contributions, Qualified Matching Employer Contributions, 401(k) Safe Harbor Matching Employer Contributions or 401(k) Safe Harbor Nonelective Employer Contributions.
Application of Forfeitures. Any forfeitures of Matching Contributions (and earnings thereon) or Employer Contributions (and earnings thereon) arising during a Plan Year beginning after December 31, 2007 shall first be used to restore any prior forfeitures required pursuant to subsection 11.6, and then shall be used to reduce future Matching Contributions.
Application of Forfeitures. 11.1 Any of the assets attributable to Company contributions, reflected in the value of Fund III, which shall be forfeited by a participant with respect to his account in Fund III pursuant to the provisions of Paragraphs 9.3 and 10.2 herein, shall be applied, as soon as practicable, to reduce the amount of Company contributions required by this Plan. Shares of Kansas City Life Insurance Company stock applied to reduce the amount of any Company contri-bution for any month shall be valued in accordance with the procedures set forth hereinbefore on the date of such application.
Application of Forfeitures. (Select all applicable. Must select a., or at least one of d. or e., but cannot select both d. and e. in the same column. If both d. and e. are selected (in different columns), the reduction option will apply before the supplement option.)
Application of Forfeitures. 9.04 ARTICLE X - INVESTMENT ELECTIONS
Application of Forfeitures. Forfeitures under the Plan for a Plan Year shall be applied in satisfaction of some or all of the Employer's contribution or restorative payment obligations under the Plan for the Plan Year. Any remaining forfeitures under the Plan for a Plan Year shall be used to pay Plan administrative expenses for the Plan Year. ARTICLE X
