109 Transfer Contribution. A non-taxable transfer of a Participant’s benefit directly from a Qualified Plan to this Plan. This type of transfer does not constitute constructive receipt of plan assets.
Appears in 6 contracts
Samples: Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.), Prototype Defined Contribution Plan (FNB United Corp.), Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.)
109 Transfer Contribution. A non-taxable transfer of a Participant’s 's benefit directly from a Qualified Plan to this Plan. This type of transfer does not constitute constructive receipt of plan assets.
Appears in 2 contracts
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Measurement Specialties Inc