LIMITATION ON ALLOCATIONS Sample Clauses

LIMITATION ON ALLOCATIONS. If the Employer maintains or has ever maintained another qualified plan (other than the Sponsor's paired defined contribution plan number 01003, 01004, or 01006 or the Sponsor's paired defined benefit plan number 02001), in which any Participant in this Plan is (or was) a Participant or could possibly become a Participant, the adopting Employer must complete this Section. The Employer must also complete this Section if it maintains a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2) of the Code, under which amounts are treated as Annual Additions with respect to any Participant in the Plan. (If the Employer maintains only paired plans of the Sponsor this Section should not be completed.)
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LIMITATION ON ALLOCATIONS. If the adopting Employer maintains or has ever maintained another qualified plan in which any Participant in this Plan is (or was) a Participant or could possibly become a Participant, the adopting Employer must complete this Section. The Employer must also complete this Section if it maintains a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2) of the Code, under which amounts are treated as Annual Additions with respect to any Participant in the Plan.
LIMITATION ON ALLOCATIONS. (a) If the Participant does not participate in, and has never participated in another qualified plan or a welfare benefit fund, as defined in section 419(e) of the Code, maintained by the Employer, or an individual medical benefit account, as defined in section 415(l)(2) of the Code, maintained by the Employer, or a simplified employee pension, as defined in section 408(k) of the Code, maintained by the Employer which provides an Annual Addition, the amount of Annual Additions which may be credited to the Participant's Accounts for any Limitation Year will not exceed the lesser of the Maximum Permissible Amount or any other limitation contained in this Plan. If the Employer contribution that would otherwise be contributed or allocated to the Participant's Accounts would cause the Annual Additions for the Limitation Year to exceed the Maximum Permissible Amount, the amount contributed or allocated will be reduced so that the Annual Additions for the Limitation Year will equal the Maximum Permissible Amount.
LIMITATION ON ALLOCATIONS. A. If the Participant does not participate in, and has never participated in another qualified plan maintained by the Employer or a welfare benefit fund, as defined in Section 419(e) of the Code maintained by the Employer, or an individual medical account, as defined in Section 415(l)(2) of the Code, or a simplified employee pension plan, as defined in Section 408(k) of the Code, maintained by the Employer, which provides an annual addition as defined in Section 3.08(E)(1), the following rules shall apply:
LIMITATION ON ALLOCATIONS. If the Employer maintains or has even maintained another qualified defined contribution plan other than a Xxxxxxx Money Purchase Pension Plan (Plan number 002 or 004) or a plan amended into the Prototype Plan in which any Participant in the Plan is or was a participant or could possibly become a participant, the provisions of Section 5.03 of the Prototype Plan will apply. If the Employer maintains or has ever maintained a qualified defined benefit plan in which any Participant in this Plan is or was a participant or could possibly become a participant, the provisions of Section 5.04 of the Prototype Plan will apply.
LIMITATION ON ALLOCATIONS. If the Employer maintains or ever maintained another qualified plan in which any Participant in this Plan is (or was) a participant or could possibly become a participant, the Employer hereby agrees to limit contributions to all such plans as provided herein, if necessary in order to avoid excess contributions (as described in Section
LIMITATION ON ALLOCATIONS. 12 SECTION FOUR INDIVIDUAL ACCOUNTS OF PARTICIPANTS AND VALUATION ............ 16 4.
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LIMITATION ON ALLOCATIONS. More Than One Plan If you maintain or ever maintained another qualified plan (other than a paired standardized profit sharing plan using Basic Plan Document No. 03) in which any Participant in this Plan is (or was) a Participant or could become a Participant, you must complete this section. You must also complete this section if you maintain a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2) of the Code, under which amounts are treated as annual additions with respect to any Participant in this Plan.
LIMITATION ON ALLOCATIONS. More Than One Plan If you maintain or ever maintained another qualified plan (other than a paired standardized money purchase pension plan using Basic Plan Document No. 03) in which any Participant in this Plan is (or was) a Participant or could become a Participant, you must complete this section. You must also complete this section if you maintain a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2) of the Code, under which amounts are treated as annual additions with respect to any Participant in this Plan. #705(12/90)L90 1000 Xxxxxxxxx Xxxxxxxx, Xxx., Xxxxxxxx, XX 00000 Part A. If the Participant is covered under another qualified defined contribution plan maintained by the Employer, other than a master or prototype plan:
LIMITATION ON ALLOCATIONS. In no event shall amounts be allocated to the Account of any Participant if, or to the extent, such amounts would exceed the limitations set forth in the Appendix A of this Plan Statement.
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