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3 . 7 Additional Deferrals . An Employer may make <br /> additional Fund investments with respect to any Employee, <br /> resulting in additional credits to the Account of such Employee . <br /> Any such additional credits shall be treated as Deferrals for all <br /> purposes of the Plan. The Employer shall notify the Board of any <br /> ,such additional Deferrals, and each Employee for whom such <br /> Deferrals are to be made must complete a Deferral Agreement, <br /> regardless of whether elective Deferrals are to be made by such <br /> Employee . <br /> ARTICLE 4 - DEFERRAL LIMITATIONS <br /> 4 . 1 General Limitation. Except as provided in Section <br /> 4 . 2, a Participant ' s Deferrals for a Year shall not exceed the <br /> lesser of : <br /> (a) $7, 500 (or such greater dollar limit as may <br /> be in effect under section 457 (8) of the <br /> Code) , or <br /> (b) 33—% of the Participant ' s Includible <br /> Compensation for the Year. <br /> 4 . 2 Catch-up Limitation: If a Participant has <br /> designated a proper Normal Retirement Age in the manner <br /> established by the Board, then for one or more of the three (3) <br /> Years ending before the Year in which a Participant attains that <br /> Normal Retirement Age, the Participant ' s Deferrals shall not <br /> exceed the lesser of : <br /> (a) $15, 000 (or such greater dollar amount as may <br /> be in effect under section 457 of the Code) , <br /> or <br /> (b) the limitation under Section 4 .1, plus the <br /> portion of the limitation under Section 4 . 1 <br /> that was not used by the Participant in a <br /> a <br />