Contribution of Property. Subject to the consent of the Trustee, the Employer may make its contribution to the Plan in the form of property, provided such contribution does not constitute a prohibited transaction under the Code or ERISA. The decision to make a contribution of property is subject to the general fiduciary rules under XXXXX.
Appears in 2 contracts
Samples: Defined Contribution Plan and Trust (National Penn Bancshares Inc), Profit Sharing/401(k) Prototype Plan and Trust (Capital Corp of the West)
Contribution of Property. Subject to the consent of the Trustee, the Employer may make its contribution to the Plan in the form of property, provided such contribution does not constitute a prohibited transaction under the Code or ERISA. The decision to make a contribution of property is subject to the general fiduciary rules under XXXXXERISA.
Appears in 1 contract
Samples: Defined Contribution Prototype Plan and Trust Agreement (Mercantile Bancorp, Inc.)
Contribution of Property. Subject to the consent of the Trustee, the Employer may make its contribution to the Plan in the form of property, provided such contribution does not constitute a prohibited transaction under the Code or ERISA. The decision to make a contribution of property is subject to the general fiduciary rules under XXXXX.
Appears in 1 contract
Samples: Governmental Nonstandardized Defined Contribution Plan
