Example ContractsClausesaverage invested capitalVariants
Average Invested Capital
Average Invested Capital contract clause examples

The Plan shall satisfy the average contribution percentage test provided in [section 401(m)(2)] of the IRC and [section 1.401(m)-1]1] of the regulations issued thereunder. Subject to the special rules described in Section 5.8, the Aggregate 401(m) Contributions of Highly Compensated Employees shall not exceed the limits described below:

Source document

The Plan shall satisfy the average deferral percentage test provided in [section 401(k)(3)] of the IRC and [section 1.401(k)-1]1] of the Income Tax Regulations issued thereunder. Subject to the special rules described in Section 4.11, the Aggregate 401(k) Contributions of Highly Compensated Employees shall not exceed the limits described below:

Source document

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.