Disabled Participants. If the Social Security Administration determines within the eighteen
Disabled Participants. 415 Limitation Compensation for a Participant in a Defined Contribution Plan who is permanently and totally disabled (as defined in Code Section 22(e)) is the Plan Compensation such Participant would have received for the Limitation Year if the Participant had been paid at the rate of compensation paid immediately before becoming disabled.
Disabled Participants. Total Compensation does not include any imputed compensation for the period a Participant is Disabled. However, the Employer may elect under Part 13, #51.b. of the Agreement [Part 13, #69.b. of the 401(k) Agreement], to include under the definition of Total Compensation, the amount a terminated Participant who is permanently and totally Disabled (as defined in Section 22.53) would have received for the Limitation Year if the Participant had been paid at the rate of Total Compensation paid immediately before becoming permanently and totally Disabled. If the Employer elects under Part 13, #51.b. of the Agreement [Part 13, #69.b. of the 401(k) Agreement] to include imputed compensation for a Disabled Participant, a Disabled Participant will receive an allocation of any Employer Contribution the Employer makes to the Plan based on the Employee’s imputed compensation for the Plan Year. Any Employer Contributions made to a Disabled Participant under this subsection (3) are fully vested when made. For Limitation Years beginning before January 1, 1997, imputed compensation for a Disabled Participant may be taken into account only if the Participant is not a Highly Compensated Employee for such Plan Year.
Disabled Participants. A Participant who terminates employment before the last day of the Plan Year because of Disability will not be an Eligible Participant for that Plan Year.
Disabled Participants. Except as otherwise elected in the Adoption Agreement, a Participant shall not be treated as a qualifying Participant for any Plan Year in which he or she has a Disability. To the extent elected in the Adoption Agreement, and if this Plan is a money purchase plan, for each Plan Year an Employer contribution shall be made on behalf of, and allocated to, any Participant who has a Disability during such year, as if such Participant was a qualifying Participant for such year. To the extent elected in the Adoption Agreement, and if this Plan is a profit sharing plan, a portion of the employer profit sharing contribution, and of any Forfeitures which are allocable to Participants in general under subsection (C) below, for each Plan Year shall be allocated to any Participant who has a Disability during such year, as if such Participant was a qualifying Participant for such year. For these purposes, for any period during which a Participant has a Disability, the Participant will be deemed to earn Compensation at the same rate at which he or she was earning Compensation immediately prior to the start of the Disability. Any amounts in a Participant's Individual Account which are attributable to contributions and Forfeitures allocated to a Participant under this paragraph (4) shall be nonforfeitable.
Disabled Participants. A Participant who terminates employment with the Employer before the last day of the Plan Year because of Disability will be an Eligible Participant for that Plan Year for receiving an allocation of Matching Contribution Forfeitures regardless of the number of Hours of Service the Participant completes during that Plan Year, provided such Participant is in an eligible class of Employees as described in Section 2.1(a)(2).
Disabled Participants. If the Social Security Administration determines within the eighteen (18) month period described in Section X.C.2.(a) that the Employee or a Dependent was disabled at the time of the Employee's termination of employment or reduction in hours, or at any time during the first sixty (60) days of continuation coverage, the Employee or Dependent shall have the right to continue coverage for an additional 11 months for a total of 29 months subject to the provisions of Section X.C.4(a).
Disabled Participants. Total Compensation does not include any imputed compensation for the period a Participant is disabled. However, the Employer may elect under AA §11-2(b) to include under the definition of Total Compensation, the amount a terminated Participant who is permanently and totally disabled (as described under Treas. Reg. §1.415(c)-2(g)(4)) would have received for the Limitation Year if the Participant had been paid at the rate of Total Compensation paid immediately before becoming permanently and totally disabled. If the Employer elects under AA §11-2(b) to include imputed compensation for a disabled Participant, a disabled Participant will receive an allocation of any Employer Contribution the Employer makes to the Plan based on the Employee’s imputed compensation for the Plan Year. Any Employer Contributions made to a disabled Participant under this subsection (ii) are fully vested when made and will be made only to Non-Highly Compensated Employees.
