Common use of Maximum Benefit Clause in Contracts

Maximum Benefit. The maximum amount of reimbursement for each Participant shall be limited to the amount of the Participant's Elective Contribution allocated to the program during the Plan Year, not to exceed the maximum amount set forth in Item F(7) of the Adoption Agreement.

Appears in 6 contracts

Sources: Section 125 Flexible Benefit Plan Adoption Agreement, Section 125 Flexible Benefit Plan, Section 125 Flexible Benefit Plan

Maximum Benefit. The maximum Maximum amount of reimbursement for each Participant shall be limited to the amount of the Participant's ’s Elective Contribution allocated to the program during the Plan Year, not to exceed the maximum amount set forth in Item F(7) of the Adoption Agreement.

Appears in 1 contract

Sources: Section 125 Flexible Benefit Plan Adoption Agreement

Maximum Benefit. The maximum amount of reimbursement for each Participant shall be limited to the amount of the Participant's Elective Contribution allocated to the program during the Plan Year, not to exceed the maximum amount set forth in Item F(7F(6) of the Adoption Agreement, plus Non-Elective Contributions from the Employer, if any, as set forth in Item F(6) of the Adoption Agreement.

Appears in 1 contract

Sources: Section 125 Flexible Benefit Plan Adoption Agreement