Common use of Action by Employer Clause in Contracts

Action by Employer. Any action by an Employer which is a corporation shall be taken by the board of directors of the corporation or any person or persons duly empowered to exercise the powers of the corporation with respect to the Plan. In the case of an Employer which is a partnership, action shall be taken by any general partner of the partnership, and in the case of an Employer which is a sole proprietorship, action shall be taken by the sole proprietor.

Appears in 7 contracts

Samples: Adoption Agreement (MSC Industrial Direct Co Inc), Adoption Agreement (Innerdyne Inc), Adoption Agreement (Tca Cable Tv Inc)

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Action by Employer. Any action by an Employer which that is a corporation shall be taken by the board of directors of the corporation or any person or persons duly empowered to exercise the powers of the corporation with respect to the Plan. In the case of an Employer which that is a partnershippartnership or any other legal entity, action shall be taken by any general partner of the partnershippartnership or governing person respectively, and in the case of an Employer which is a sole proprietorship, action shall be taken by the sole proprietor.

Appears in 3 contracts

Samples: Contribution Plan and Trust (Triad Guaranty Inc), Non Standardized (Atlas America Inc), Comstock Resources Inc

Action by Employer. Any action by an Employer which is a corporation shall be taken by the board of directors of the corporation or any person or persons duly empowered to exercise the powers of the corporation with respect to the Plan. In the case of an Employer which is a partnership, action shall be taken by any general partner of the partnership, and in the case of an Employer which is a sole proprietorship, action shall be taken by the sole proprietor.

Appears in 1 contract

Samples: White Mountains Insurance Group Inc

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Action by Employer. Any action by an Employer which is a corporation shall be taken by the board of directors of the corporation or any person or persons duly empowered to exercise the powers of the corporation with respect to the Plan. In the case of an Employer which is a partnership, action shall be taken by any general partner of the partnership, and in the case of an Employer which is a sole proprietorship, action shall be taken by the sole proprietor.

Appears in 1 contract

Samples: Adoption Agreement (Gadzooks Inc)

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