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HBI » Topics » 2.07 Annual Addition

This excerpt taken from the HBI 8-K filed Sep 5, 2006.

2.07 Annual Addition

“Annual Addition” for any Limitation Year means the sum of the Employer Contributions (including Before-Tax Contributions and Matching Contributions but excluding Participant Catch-Up Contributions and contributions made pursuant to Code Section 414(u) by reason of an Eligible Employee’s qualified military service), Forfeitures, and any After-Tax Contributions credited to a Participant’s Accounts for that Limitation Year.

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