CLASSES OF ELIGIBLE EMPLOYEES. Only Employees of the Adopting Employer who meet the Basic Plan Document's definition of "Employee" may be covered under the Adoption Agreement. Eligible Employees shall not include non-governmental employees, independent contractors, leased employees, nonresident aliens, or any other ineligible individuals, and this Section 9 must not be completed in a manner that violates the "exclusive benefit rule" of Internal Revenue Code Section 401(a)(2).
Appears in 8 contracts
Samples: Defined Benefit Retirement Plan, Defined Benefit Retirement Plan Adoption Agreement, Defined Benefit Retirement Plan Adoption Agreement
CLASSES OF ELIGIBLE EMPLOYEES. Only Employees of the Adopting Employer who meet the Basic Plan DocumentMaster Plan's definition of "Employee" may be covered under the Adoption Agreement. Eligible Employees shall not include non-governmental employees, independent contractors, leased employees, nonresident aliens, or any other ineligible individuals, and this Section 9 must not be completed in a manner that violates the "exclusive benefit rule" of Internal Revenue Code Section 401(a)(2).
Appears in 7 contracts
Samples: Defined Benefit Retirement Plan, Defined Benefit Retirement Plan, Defined Benefit Retirement Plan
