Accounting for Participant Loans. Participant loans shall be held in a separate Loan Account of the Participant and accounted for in dollars as an earmarked asset of the borrowing Participant's Account.
Appears in 13 contracts
Samples: Employee Stock Savings Plan (La Gear Inc), Financial Security Plan and Trust Agreement (Caliber System Inc), 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc)
Accounting for Participant Loans. Participant loans shall will be held in a separate Loan Account of the Fund for investment only by such Participant and accounted for in dollars as an earmarked asset of the borrowing Participant's ’s Account.
Appears in 4 contracts
Samples: Salaried 401(k) Plan (Pepsiamericas Inc/Il/), 401(k) Plan (Pepsiamericas Inc/Il/), 401(k) Plan (Pepsiamericas Inc/Il/)
Accounting for Participant Loans. Participant loans shall be held in a separate Loan Account of the Participant and accounted for in dollars as an earmarked asset of the borrowing Participant's Account.
Appears in 4 contracts
Samples: Plan and Trust Agreement (Roadway Services Inc), Retirement Savings Plan and Trust Agreement (Southdown Inc), Retirement & Savings Plan (Bank Jos a Clothiers Inc /De/)
Accounting for Participant Loans. Participant loans shall be held in a separate Loan Account of the Participant and accounted for in dollars as an earmarked asset of the borrowing Participant's ’s Account.
Appears in 1 contract
Samples: 401(k) Plan and Trust Agreement (Leggett & Platt Inc)