Common use of Catch-Up Contributions Clause in Contracts

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 6 contracts

Samples: Adoption Agreement (Americas Carmart Inc), Adoption Agreement (Americas Carmart Inc), Trimeris Inc

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Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendmentEffective as soon as administratively possible after February 1, 2006, all employees Participants who are eligible to make elective deferrals enter into a salary reduction agreement under this plan Plan and who have attained will attain age 50 or more before the close of the plan year Plan Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, of Section 414(v) of the Code, as determined by the Administrator. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan Plan implementing the required limitations limitation of Sections 402(g) and 415 of the Code. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Section Sections 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 5 contracts

Samples: Lsi Industries Inc, Lsi Industries Inc, Lsi Industries Inc

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees All Participants who are eligible to make elective deferrals under this plan the Plan and who have attained age 50 before the close of the plan year Plan Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan Plan implementing the required limitations of Sections sections 402(g) and 415 of the Code. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Section section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 5 contracts

Samples: Retirement and Savings Plan (Host Marriott L P), Retirement and Savings Plan (Host Marriott Corp/), Retirement and Savings Plan (Host Marriott Corp/)

Catch-Up Contributions. Catch-up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 2 contracts

Samples: Adoption Agreement (LSB Bancshares Inc /Nc/), Bank of Granite Corp

Catch-Up Contributions. Unless otherwise If elected by the Company in Section 2.4 of this amendmentthe Adoption Agreement, all employees Employees who are eligible to make elective deferrals Elective Contributions under this plan Plan and who have attained age 50 before the close of the plan year Plan Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Code Section 414(v) of the Code). Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan Plan implementing the required limitations of Code Sections 402(g) and 415 of the Code415. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Section Code Sections 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code416, as applicable, by reason of the making of such catch-up contributions.

Appears in 1 contract

Samples: Plan and Trust Agreement (Shire Pharmaceuticals Group PLC)

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11401(k)(l 1), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 1 contract

Samples: Adoption Agreement (Trimeris Inc)

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees All Employees who are eligible to make elective deferrals under this plan Plan and who have attained age 50 before the close of the plan year Plan Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections sections 402(g), 408(p) and 415 of the Code. The plan Plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of for the making of such catch-up contributions. Catch-up Contributions: (Choose one.) [X] shall apply to contributions after 12/31/2001. (Enter December 31, 2001 or a later date.) [ ] shall not apply.

Appears in 1 contract

Samples: Southwest Community Bancorp

Catch-Up Contributions. Catch-up Contributions. Unless otherwise elected in Section 2.4 of this ----------------------- amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g402(8) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 1 contract

Samples: Wayne Savings Bancshares Inc /De/

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees All Employees who are eligible to make elective deferrals under this plan Plan and who have attained age 50 before the close of the plan year Plan Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan Plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 1 contract

Samples: Corvas International Inc

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all All employees who are eligible to make elective deferrals under this plan Plan and who have attained age 50 before the close of the plan Taxable year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section of section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections sections 402(g) and 415 of the Code. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Section section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 1 contract

Samples: Employee Stock Ownership Plan (Guaranty Bancshares Inc /Tx/)

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.. ARTICLE VII

Appears in 1 contract

Samples: Allegiant Travel CO

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Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all All employees who are eligible to make elective deferrals Salary Deferrals under this plan Plan and who have attained age 50 before the close of the plan year Plan Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan Plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 1 contract

Samples: Trust Agreement (Royal Dutch Shell PLC)

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendmentEffective January 1, 2002, all employees Employees who are eligible to make elective deferrals under this plan Plan and who have attained age 50 before the close of the plan year Plan Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan Plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 1 contract

Samples: Winn Dixie Stores Inc

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees All Employees who are eligible to make elective deferrals Pre-Tax Contributions under this plan Plan and who have attained age 50 fifty (50) before the close end of the plan year calendar year, shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Code Section 414(v4l4(v) of and any guidance issued thereunder by the CodeInternal Revenue Service. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan Plan implementing the required limitations of Code Sections 402(g) and 415 of the Code415. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Code Section 401(k)(3), 401(k)(11401(k)(ll), 401(k)(12), 410(b), ) or 416 of the Code416, as applicable, by reason of the making of such catch-up contributions. Employer matching contributions will not be made on catch-up contributions.

Appears in 1 contract

Samples: Agreement (Provident Bancorp Inc/Ny/)

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees All Participants who are eligible to make elective deferrals deferral elections under the Plan pursuant to this plan Section 3.01, and who have attained or will have attained age 50 before the close of the plan year calendar year, shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan Plan implementing the required limitations of Sections sections 402(g) and 415 of the Code. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Section section 401(k)(3), 401(k)(11401(k)(12), 401(k)(12401(m)(11), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 1 contract

Samples: uaw.org

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees All Employees who are axe eligible to make elective deferrals Pre-Tax Contributions under this plan Plan and who have attained age 50 fifty (50) before the close end of the plan year calendar year, shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Code Section 414(v) of and any guidance issued thereunder by the CodeInternal Revenue Service. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan Plan implementing the required limitations of Code Sections 402(g) and 415 of the Code415. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Code Section 401(k)(3), 401(k)(1140l(k)(ll), 401(k)(12), 410(b), 4l0(b) or 416 of the Code416, as applicable, by reason of the making of such catch-up contributions. Employer matching contributions will not be made on catch-up contributions.

Appears in 1 contract

Samples: Agreement (Provident Bancorp Inc/Ny/)

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees All Participants who are eligible to make elective deferrals Elective Deferrals under this plan Plan and who have attained age 50 before the close of the plan year Plan Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the CodeCode section 4 14(v). Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan Plan implementing the required limitations of Sections Code sections 402(g) and 415 of the Code415. The plan Plan shall not be treated as failing to satisfy the provisions of the plan Plan implementing the requirements of Section 401(k)(3Code section 401 (k)(3), 401(k)(11401 (k)(I 1), 401(k)(12401 (k)(1 2), 410(b), or 416 of the Code416, as applicable, by reason of the making of such catch-up contributions.

Appears in 1 contract

Samples: Integra Bank Corp

Catch-Up Contributions. Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, of Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(340l(k)(3), 401(k)(1140l(k)(l1), 401(k)(12), 410(b. 4l0(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

Appears in 1 contract

Samples: Talbots Inc

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