Common use of ALLOCATIONS TO TERMINATED EMPLOYEES Clause in Contracts

ALLOCATIONS TO TERMINATED EMPLOYEES. (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) Prototype Cash or Deferred Profit- Sharing Plan #002 [x] (b) The Employer will allocate Employer matching and other related contributions as indicated below to Employees who terminate during the Plan Year as a result of: Matching Other ________ _____

Appears in 1 contract

Samples: Adoption Agreement (Option Care Inc/De)

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ALLOCATIONS TO TERMINATED EMPLOYEES. (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) Prototype Cash or Deferred Profit- Sharing Plan 95 REGIONAL PROTOTYPE CASH OR DEFERRED PROFIT-SHARING PLAN #002 [x] 012 (b) The Employer will allocate Employer matching and other related contributions as indicated below to Employees who terminate during the Plan Year as a result of: Matching Other ________ _____-------- -----

Appears in 1 contract

Samples: 401(k) Plan Document (Berkshire Hills Bancorp Inc)

ALLOCATIONS TO TERMINATED EMPLOYEES. [ ] (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) Prototype Cash or Deferred Profit- Sharing Plan #002 [xX] (b) The Employer will allocate Employer matching and other related contributions as indicated below to Employees who terminate during the Plan Year as a result of: Matching Other ________ _____-------- ----- [X] [X] (i)

Appears in 1 contract

Samples: Adoption Agreement (Professionals Insurance Co Management Group)

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ALLOCATIONS TO TERMINATED EMPLOYEES. [X] (a) The Employer will not allocate Employer related contributions to Employees who terminate during a Plan Year, unless required to satisfy the requirements of Code Section 401(a)(26) and 410(b). (These requirements are effective for 1989 and subsequent Plan Years.) Prototype Cash or Deferred Profit- Sharing Plan #002 004 [x] (b) The Employer will allocate Employer matching and other related contributions as indicated below to Employees who terminate during the Plan Year as a result of: Matching Other ________ _____:

Appears in 1 contract

Samples: Adoption Agreement (Community Bancorp /Vt)

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