Common use of APPLICATION FOR PARTICIPATION Clause in Contracts

APPLICATION FOR PARTICIPATION. In order to become a Participant hereunder, each Eligible Employee shall make application to the Employer for participation in the Plan and agree to the terms hereof. Upon the acceptance of any benefits under this Plan, such Employee shall automatically be deemed to have made application and shall be bound by the terms and conditions of the Plan and all amendments hereto.

Appears in 8 contracts

Samples: Basic Plan Document (Fairfax Financial Holdings LTD/ Can), 401(k) Plan Document (Metals Usa Inc), 401(k) Plan Document (Metals Usa Inc)

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