Contribution and Allocation Sample Clauses

Contribution and Allocation. Formula (select all that apply):
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Contribution and Allocation. 4.1 FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION
Sample 1Sample 2
Contribution and Allocation. 4.1 FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION.......................17 4.2 TIME OF PAYMENT OF EMPLOYER'S CONTRIBUTION............................17 4.3 ALLOCATION OF CONTRIBUTION, FORFEITURES AND EARNINGS..................17 4.4
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Contribution and Allocation. Nothing in this Section 2(c) diminishes, restricts, limits, or impairs in any manner otherwise-existing Company obligations to fully indemnify the Indemnitee, to pay all Expenses, or to provide the Indemnitee with Expense Advances, including those obligations that otherwise exist under this Agreement, under any other agreement or instrument, under any Charter Document, or under applicable law.
Sample 1
Contribution and Allocation. .. 24 Section 4.01 Formula for Determining Employer's Contribution........................ 24 Section 4.02 Participant's Salary Reduction Election................................ 25 Section 4.03 Time of Payment of Employer's Contribution............................ 28 Section 4.04 Allocation of Contribution and Earnings................................ 28 Section 4.05 Actual Deferral Percentage Tests....................................... 31 Section 4.06 Adjustment to Actual Deferral Percentage Tests......................... 33 Section 4.07 Actual Contribution Percentage Tests................................... 34 Section 4.08 Adjustment to Actual Contribution Percentage Tests..................... 36 Section 4.09 Maximum Annual Additions............................................... 38 Section 4.10 Adjustment for Excessive Annual Additions.............................. 42 Section 4.11 Voluntary Contributions................................................ 43 Section 4.12
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Contribution and Allocation. 6 FORMULA FOR DETERMINING CONTRIBUTION AND ALLOCATION............................. 6 TIME OF PAYMENT OF EMPLOYER'S CONTRIBUTION...................................... 8
Sample 1
Contribution and Allocation. FORMULA FOR DETERMINING CONTRIBUTION AND ALLOCATION: FOR MONEY PURCHASE PLAN If the Employer has executed the Adoption Agreement for a Money Purchase Plan, then the Employer shall contribute on behalf of each Participant, for each year of his participation in this Plan, an amount equal to the percentage of his annual Compensation specified in the Adoption Agreement. For any Compensation specified in the Adoption Agreement. All contributions by the Employer shall be made in cash or in such property as is acceptable to the Trustee. Any Forfeitures will reduce Employer contributions for the Plan Year after the Forfeitures occur. FOR PROFIT SHARING PLAN. If the Employer has executed the Adoption Agreement for a Profit Sharing Plan, the Employer shall contribute for each Plan Year out of Net Profits an amount to be determined based on the election specified in the Adoption Agreement. The amount contributed to the Plan plus any Forfeitures are to be allocated among the Participants as follows: If the Plan is not integrated, Employer Contributions plus any Forfeitures will be allocated among Participant Accounts in the ratio that each Participant's Compensation bears to the aggregate Compensation of all Participants. If the Plan is integrated, the Employer contributions plus any Forfeitures will be allocated among Participants' Accounts in the ratio that each Participant's Compensation for the Plan Year in excess of the integration level selected in the Adoption Agreement bears to such Compensation of all Participants, provided that for any Plan Year the amount credited under this paragraph to any Participant shall not exceed the product of the tax rate applicable to the Employer's contribution for old age, survivors and disability insurance (OASDi) under the Social Security Act (as in effect on the first day of the Plan Year) times the amount of Participant's Compensation in excess of the integration level selected in the Adoption Agreement. Any remaining Employer contributions or Forfeitures will be allocated among all Participant's accounts (whether or not they received an allocation under the preceding paragraph) in the ratio that each Participant's Compensation for that Plan Year. If the Employer has executed the Adoption Agreement for a Thrift Plan, the following provisions apply: EMPLOYER CONTRIBUTIONS: The Employer shall make a contribution to the Plan for each Plan Year out of its Net Profits on behalf of each Participant who makes Employee Contributions...
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Contribution and Allocation. 4.1 FORMULA FOR DETERMINING EMPLOYER CONTRIBUTION 14 4.2 PARTICIPANT’S SALARY REDUCTION ELECTION 15 4.3 TIME OF PAYMENT OF EMPLOYER CONTRIBUTION 17 4.4 ALLOCATION OF CONTRIBUTION AND EARNINGS 17 4.5 ACTUAL DEFERRAL PERCENTAGE TEST 18 4.6 ADJUSTMENT TO ACTUAL DEFERRAL PERCENTAGE TEST 20 4.7 MAXIMUM ANNUAL ADDITIONS 21 4.8 ADJUSTMENT FOR EXCESS ANNUAL ADDITIONS 22 4.9 PLAN-TO-PLAN TRANSFERS (OTHER THAN ROLLOVERS) FROM QUALIFIED PLANS 23 4.10 PARTICIPANT DIRECTED INVESTMENTS 23 4.11 QUALIFIED MILITARY SERVICE 25 ARTICLE V
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Contribution and Allocation 
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Related to Contribution and Allocation

  • Distributions and Allocations All distributions of cash or other property (except upon the Company's dissolution, which shall be governed by the applicable provisions of the Act and Article IX hereof) and all allocations of income, profits, and loss shall be made 100% to the Member in accordance with its Membership Interest. All amounts withheld pursuant to the Code or any provisions of state or local tax law with respect to any payment or distribution to the Member from the Company shall be treated as amounts distributed to the Member pursuant to this Section 7.3. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not be required to make a distribution to the Member on account of its interest in the Company if such distribution would violate Section 18-607 of the Act or any other applicable law.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04.

  • Capital Accounts and Allocations (a) CAPITAL ACCOUNTS. A separate capital account (a "Capital Account") shall be established and maintained for each Member, which shall initially be equal to the Capital Contribution of such Member as set forth on Schedule A hereto. Such Capital Accounts shall be maintained in accordance with Section 1.704-1(b)(2)(iv) of the Treasury Regulations, and this Section 5.2 shall be interpreted and applied in a manner consistent with said Section of the Treasury Regulations. The Capital Accounts shall be maintained for the sole purpose of allocating items of income, gain, loss and deduction among the Members and shall have no effect on the amount of any distributions to any Members in liquidation or otherwise. The amount of all distributions to Members shall be determined pursuant to Sections 5.3, 5.4 and 5.5.

  • Collections and Allocations (a) The Borrower or the Servicer on behalf of the Borrower shall promptly (but in no event later than two (2) Business Days after the receipt thereof) identify any Collections received by it as being on account of Interest Collections or Principal Collections and deposit all such Interest Collections or Principal Collections received directly by it into the Collection Account. The Servicer on behalf of the Borrower shall make such deposits or payments on the date indicated by wire transfer, in immediately available funds.

  • ALLOCATION OF CONTRIBUTIONS You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Capital Accounts Allocations There shall be established in respect of each Holder a separate capital account in the books and records of the Up-MACRO Holding Trust in respect of the Holder's Capital Contributions to the Up-MACRO Holding Trust (each, a "Capital Account"), to which the following provisions shall apply:

  • Tax Allocation Prior to the Closing, Seller and Purchaser shall cooperate in good faith to determine a reasonable allocation of the total consideration paid for the Transferred Assets, as finally determined pursuant to Section 2.1(d), Section 2.1(i) and Section 3.3, in accordance with Section 1060 of the Code and the Treasury Regulations promulgated thereunder (the “Purchase Price Allocation”). Seller and Purchaser shall cooperate in good faith to mutually agree to such allocation and shall reduce such agreement to writing, which agreement shall be reflected in an Exhibit 2.1(j) to be approved by Seller and Purchaser prior to Closing. Seller and Purchaser shall jointly and properly execute each party’s respective completed Internal Revenue Service Form 8594, and any other forms or statements required by the Code (or state or local Tax law), Treasury Regulations or the Internal Revenue Service or other Governmental Authority (together with any and all attachments required to be filed therewith), which forms and statements will be prepared in a manner consistent with the Purchase Price Allocation. Seller and Purchaser shall file timely such forms and statements with the Internal Revenue Service or other Governmental Authority. The Purchase Price Allocation shall be appropriately adjusted to take into account any subsequent payments under this Agreement and any other subsequent events required to be taken into account under Section 1060 of the Code. Seller and Purchaser shall not file any Tax Return or other documents or otherwise take any position with respect to Taxes that is inconsistent with the Purchase Price Allocation; provided, however, that neither Seller nor Purchaser shall be obligated to litigate any challenge to such allocation by any Governmental Authority. Seller and Purchaser shall promptly inform one another of any challenge by any Governmental Authority to any allocation made pursuant to this Section 2.1(j) and agree to consult with and keep one another informed with respect to the state of, and any discussion, proposal or submission with respect to, such challenge.

  • Tax Allocations Each item of income, gain, loss or deduction recognized by the Company shall be allocated among the Members for U.S. federal, state and local income tax purposes in the same manner that each such item is allocated to the Member’s Capital Accounts pursuant to Section 3.2(d) or as otherwise provided herein, provided that the Board may adjust such allocations as long as such adjusted allocations have substantial economic effect or are in accordance with the interests of the Members in the Company, in each case within the meaning of the Code and the Treasury Regulations. Tax credits and tax credit recapture shall be allocated in accordance with the Members’ interests in the Company as provided in Treasury Regulations section 1.704-1(b)(4)(ii). Items of Company taxable income, gain, loss and deduction with respect to any property (other than cash) contributed to the capital of the Company or revalued shall, solely for tax purposes, be allocated among the Members, as determined by the Board in accordance with Section 704(c) of the Code, so as to take account of any variation between the adjusted basis of such property to the Company for U.S. federal income tax purposes and its fair market value at the time of contribution or revaluation, as the case may be. All of the Members agree that the Board is authorized to select the method or convention, or to treat an item as an extraordinary item, in relation to any variation of any Member’s interest in the Company described in section 1.706-4 of the Treasury Regulations in determining the Members’ distributive shares of Company items. All matters concerning allocations for U.S. federal, state and local and non-U.S. income tax purposes, including accounting procedures, not expressly provided for by the terms of this Agreement shall be determined by the Board in its sole discretion. Each Class B Ordinary Share is intended to be treated as a profits interest for U.S. federal income tax purposes, and all of the Members agree to report consistently with, and to take any action requested by the Board to ensure, such treatment.

  • Deemed Distribution and Recontribution Notwithstanding any other provision of this Article 13, in the event the Partnership is liquidated within the meaning of Regulations Section 1.704-1(b)(2)(ii)(g) but no Liquidating Event has occurred, the Partnership's property shall not be liquidated, the Partnership's liabilities shall not be paid or discharged, and the Partnership's affairs shall not be wound up. Instead, the Partnership shall be deemed to have distributed the Partnership property in kind to the General Partner and Limited Partners, who shall be deemed to have assumed and taken such property subject to all Partnership liabilities, all in accordance with their respective Capital Accounts. Immediately thereafter, the General Partner and Limited Partners shall be deemed to have recontributed the Partnership property in kind to the Partnership, which shall be deemed to have assumed and taken such property subject to all such liabilities.

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