Common use of Changes by the Employer Clause in Contracts

Changes by the Employer. If the Employer determines the Plan may fail to satisfy any non-discrimination requirements imposed by the Code, the Employer shall take any action it deems appropriate to assure compliance with such requirement, to include, without limitation, a modification of elections by Highly Compensated Participants with or without their permission.

Appears in 7 contracts

Samples: Flexible Benefits Plan, Flexible Benefits Plan, Flexible Benefits Plan

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