Common use of De Minimis” Small Amount Cashouts Clause in Contracts

De Minimis” Small Amount Cashouts. If selected by the Employer, Participant account balances that do not exceed a certain threshold amount will be automatically cashed out upon the Participant‘s Termination of Employment or Death, as provided below [select one] ☒ Yes, amounts that do not exceed a threshold dollar amount will automatically be cashed out [IRS 402(g) limit OR $ [enter dollar amount, not to exceed the IRS 402(g) limit for a given year] ☐ No, no “de minimis” small amounts will be cashed out. By signing this Adoption Agreement, the Employer certifies that it has consulted with legal counsel regarding the effects of the Plan, as applicable, on all parties. The Employer further 128470050v1 certifies that it has and will limit participation in the Plan to a select group of management or highly compensated Employees, Board Members or Other Service Providers, as determined by the Employer in consultation with legal counsel. The Employer further certifies that it is the Employer’s sole responsibility to ensure that each Participant with the right to direct deemed investments under the Plan that are based on securities issued by the Employer or a member of its controlled group (as defined in Code Section 414(b) and (c)) will receive a prospectus for any such deemed investment option based on such Employer securities. The Employer is solely responsible for its compliance with applicable laws, including Federal and state securities and other applicable laws. Only those elections that are completed shall be considered as provisions applicable to and forming a part of the Plan. This Adoption Agreement may only be used in conjunction with the Plan document. All selections in the Adoption Agreement providing for customized or “other” plan provisions are subject to review for administrative feasibility, and may be subject to additional fees. Terms used in this Adoption Agreement which are defined in the Plan document shall have the meaning given them therein. The Employer hereby acknowledges that it is adopting this Nonqualified Supplemental Deferred Compensation Plan. Federal legislation or other changes in the law relating to nonqualified deferred compensation or other employee benefit plans may require that the Plan be amended. *** The undersigned duly authorized owner, or officer of the Employer hereby executes the Plan on behalf of the Employer. Dated this 19th day of May, 2022. Xxxxxx Bank & Trust Employer By: /s/ Xxxx Xxx Xxxxx Its EVP, Chief Administrative Officer

Appears in 1 contract

Samples: Adoption Agreement (Carter Bankshares, Inc.)

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De Minimis” Small Amount Cashouts. If selected by the Employer, Participant account balances that do not exceed a certain threshold amount will be automatically cashed out upon the Participant‘s Termination of Employment or Death, as provided below [select one] x Yes, amounts that do not exceed a threshold dollar amount will automatically be cashed out [IRS 402(g) limit OR $ [enter dollar amount, not to exceed the IRS 402(g) limit for a given year] ¨ No, no “de minimis” small amounts will be cashed out. Rev. 11/19/10 By signing this Adoption Agreement, the Employer certifies that it has consulted with legal counsel regarding the effects of the Plan, as applicable, on all parties. The Employer further 128470050v1 certifies that it has and will limit participation in the Plan to a select group of management or highly compensated Employees, Board Members or Other Service Providers, as determined by the Employer in consultation with legal counsel. The Employer further certifies that it is the Employer’s sole responsibility to ensure that each Participant with the right to direct deemed investments under the Plan that are based on securities issued by the Employer or a member of its controlled group (as defined in Code Section 414(b) and (c)) will receive a prospectus for any such deemed investment option based on such Employer securities. The Employer is solely responsible for its compliance with applicable laws, including Federal and state securities and other applicable laws. Only those elections that are completed shall be considered as provisions applicable to and forming a part of the Plan. This Adoption Agreement may only be used in conjunction with the Plan document. All selections in the Adoption Agreement providing for customized or “other” plan provisions are subject to review for administrative feasibility, and may be subject to additional fees. Terms used in this Adoption Agreement which are defined in the Plan document shall have the meaning given them therein. The Employer hereby acknowledges that it is adopting this Nonqualified Supplemental Deferred Compensation Plan. Federal legislation or other changes in the law relating to nonqualified deferred compensation or other employee benefit plans may require that the Plan be amended. *** * * The undersigned duly authorized owner, or officer of the Employer hereby executes the Plan on behalf of the Employer. Dated this 19th 22nd day of MayJanuary, 20222014. Xxxxxx Bank & Trust Quanta Services, Inc. Employer By: By /s/ Xxxx Xxx Xxxxx Xxxxx Its EVPDirector of Human Resources QUANTA SERVICES, Chief Administrative OfficerINC. - SUBSIDIARIES LIST (Foreign subsidiaries listed in italics) Subsidiary State of Incorporation 1 Diamond, LLC Delaware 618232 Alberta Ltd. Alberta 1298888 Alberta Ltd. Alberta Aedon Consulting Inc. British Columbia All Power Products Inc. Alberta Allteck Line Contractors, Inc. British Columbia American International Maritime Logistics, LLC Texas CAN-FER Utility Services, LLC Delaware Xxx Drilling Pty Ltd. Victoria, Australia Conam Construction Co. Texas Xxxxx Communications, Inc. Delaware Xxxxx Electric Company, Inc. Delaware Crux Subsurface, Inc. Delaware DNR Pressure Welding Ltd. Xxxxxxx Xxxxx Corporation Delaware Xxxxxxxx Corporation Delaware Digco Utility Construction, L.P. Delaware EHV Elecon, Inc. Puerto Rico EHV Power ULC British Columbia Energy Construction Services, Inc. Delaware Five Points Construction Co. Texas X. X. Xxxxx Canada Company Nova Scotia X.X. Xxxxxxx Pipeline Construction, Inc. Delaware High Line Power Inc. Ontario InfraSource Construction, LLC Delaware InfraSource Field Services, LLC Delaware InfraSource FI, LLC Delaware InfraSource Installation, LLC Delaware InfraSource, LLC Delaware InfraSource Services, LLC Delaware InfraSource Transmission Services Company Arizona InfraSource Underground Construction, Inc. Delaware InfraSource Underground Services Canada, Inc. Delaware Inline Devices, LLC Texas Intermountain Electric, Inc. Colorado IonEarth, LLC Michigan Xxxx Construction Company Mississippi Island Mechanical Corporation Hawaii Lazy Q Ranch, LLC Delaware Xxxxxxx Electric, L.P. Texas Xxxxxx Bros., Inc. Delaware XxXxxxxx Construction 2000 Ltd. Alberta Current as of January 14, 2014 Page 1 of 4 Subsidiary State of Incorporation Xxxxx Canada Corp. Nova Scotia Xxxxx Construction, LLC Xxxxxxx Xxxxx Group, Inc. Delaware Xxxxx Group Pty Ltd Victoria, Australia Mearsmex S. de X.X. de C.V. Mexico Xxxxx Pipeline Pty Ltd. Victoria, Australia Xxxxx Personnel Services, Inc. Texas Xxxxxx Software Solutions, LLC Texas Microline Technology Corporation Michigan X.X. Electric, LLC Delaware Nacap Australia Pty Ltd. Victoria, Australia North Houston Pole Line, L.P. Texas North Sky Engineering, Inc. Delaware NorthStar Energy Services, Inc. North Carolina Northstar Energy Services Inc. Alberta Northstar Transport Services Inc. Alberta Nova NextGen Solutions, LLC Delaware O. J. Pipelines Canada Corporation New Brunswick O. J. Pipelines Canada Limited Partnership Alberta PAR Electrical Contractors, Inc. Missouri Par Internacional, S. de X.X. de C.V. Mexico Performance Energy Services, L.L.C. Louisiana Performance Labor Services, L.L.C. Louisiana Phasor Engineering Inc. Alberta Potelco, Inc. Washington Xxxxx Xxxxxxx Construction, Inc. Delaware Xxxxx Xxxxxxx International, Inc. Delaware Xxxxx Xxxxxxx Services, LLC Delaware Xxxxxx Electric, Inc. Utah PWR Financial Company Delaware PWR Network, LLC Delaware QCS ECA 0927 Development Ltd. British Columbia QPS Engineering, LLC Delaware QSI Finance (Australia) Pty Ltd. Victoria, Australia QSI Finance Canada ULC British Columbia QSI Finance I (US), Inc. Delaware QSI Finance II (Lux) S.à x.x Luxembourg QSI Finance III (Canada) ULC British Columbia QSI Finance IV (Canada) ULC British Columbia QSI Finance V (US), LLP Delaware QSI Finance VI (Canada) ULC British Columbia QSI Finance VII (Canada) Limited Partnership British Columbia QSI Finance VIII (Canada) ULC British Columbia QSI Finance IX (Canada) Limited Partnership British Columbia QSI, Inc. Delaware Subsidiary State of Incorporation Quanta Asset Management LLC Delaware Quanta Associates, L.P. Texas Quanta Capital Solutions, Inc. Delaware Quanta Capital South Africa Pty Ltd. South Africa Quanta Delaware, Inc. Delaware Quanta Electric Power Services, LLC Delaware Quanta Energy Services, LLC Delaware Quanta Fiber Networks, Inc. Delaware Quanta Field Services, LLC Delaware Quanta Government Services, Inc. Delaware Quanta Government Solutions, Inc. Delaware Quanta Holdings 1 GP, LLC Delaware Quanta Infrastructure Services, S. de X.X. de C.V. Mexico Quanta International Holdings, Ltd. British Virgin Islands Quanta International Limited British Virgin Islands Quanta International Services, Inc. Delaware Quanta LXVII Acquisition, Inc. Delaware Quanta LXVIII Acquisition, Inc. Delaware Quanta LXIX Acquisition, Inc. Delaware Quanta LXX Acquisition, Inc. Delaware Quanta LXXI Acquisition, Inc. Delaware Quanta LXXII Acquisition, Inc. Delaware Quanta LXXIII Acquisition, Inc Delaware Quanta Marine Services, LLC Delaware Quanta Middle East, LLC Qatar Quanta Pipeline Services, Inc. Delaware Quanta Power Generation, Inc. Delaware Quanta Power, Inc. Delaware Quanta Power Solutions India Private Limited New Delhi, India Quanta Receivables, L.P. Delaware Quanta Renewable Construction Pty Ltd. South Africa Quanta Services Africa (PTY) Ltd. South Africa Quanta Services Australia Pty Ltd. Victoria, Australia Quanta Services CC Canada Ltd. British Columbia Quanta Services Chile SpA Chile Quanta Services Colombia S.A.S. Colombia Quanta Services Contracting, Inc. Delaware Quanta Services Costa Rica, Ltda. Costa Rica Quanta Services Guatemala, Ltda. Guatemala Quanta Services (India) Ltd. British Virgin Islands Quanta Services Management Partnership, L.P. Texas Quanta Services Netherlands B.V. Netherlands Quanta Services of Canada Ltd. British Columbia Quanta Services Panama, S. de X.X. Panama

Appears in 1 contract

Samples: Adoption Agreement (Quanta Services Inc)

De Minimis” Small Amount Cashouts. If selected by the Employer, Participant account balances that do not exceed a certain threshold amount will be automatically cashed out upon the Participant‘s Participant’s Termination of Employment or Death, as provided below [select one] x Yes, amounts that do not exceed a threshold dollar amount will automatically be cashed out [IRS 402(g) limit OR $ [enter dollar amount, not to exceed the IRS Internal Revenue Code 402(g) limit for a given year] ☐ year will automatically be cashed out ($15,500 for 2007 and 2008) ¨ No, no “de minimis” small amounts will be cashed out. By signing this Adoption Agreement, the Employer certifies that it has consulted with legal counsel regarding the effects of the Plan, as applicable, on all parties. The Employer further 128470050v1 certifies that it has and will limit participation in the Plan to a select group of management or highly compensated Employees, Board Members or Other Service Providers, as determined by the Employer in consultation with legal counsel. The Employer further certifies that it is the Employer’s sole responsibility to ensure that each Participant with the right to direct deemed investments under the Plan that are based on securities issued by the Employer or a member of its controlled group (as defined in Code Section 414(b) and (c)) will receive a prospectus for any such deemed investment option based on such Employer securities. The Employer is solely responsible for its compliance with applicable laws, including Federal and state securities and other applicable laws. Only those elections that are completed shall be considered as provisions applicable to and forming a part of the Plan. This Adoption Agreement may only be used in conjunction with the Plan document. All selections in the Adoption Agreement providing for customized or “other” plan provisions are subject to review for administrative feasibility, and may be subject to additional fees. Terms used in this Adoption Agreement which are defined in the Plan document shall have the meaning given them therein. The Employer hereby acknowledges that it is adopting this Nonqualified Supplemental Deferred Compensation Plan. Federal legislation or other changes in the law relating to nonqualified deferred compensation or other employee benefit plans may require that the Plan be amended. *** * * The undersigned duly authorized owner, or officer of the Employer hereby executes the Plan on behalf of the Employer. Dated this 19th 24th day of MayJune, 2022. Xxxxxx Bank & Trust Employer By: /s/ Xxxx Xxx Xxxxx Its EVP, Chief Administrative Officer2008.

Appears in 1 contract

Samples: Adoption Agreement (Kraft Foods Inc)

De Minimis” Small Amount Cashouts. If selected by the Employer, Participant account balances that do not exceed a certain threshold amount will be automatically cashed out upon the Participant‘s Participant’s Termination of Employment or Death, as provided below [select one] ☒ Yes, amounts that do not exceed a threshold dollar amount will automatically be cashed out [IRS 402(g) limit OR $ [enter dollar amount, not to exceed the IRS 402(g) limit for a given year] ☐ No, no “de minimis” small amounts will be cashed out. By signing this Adoption Agreement, the Employer certifies that it has consulted with legal counsel regarding the effects of the Plan, as applicable, on all parties. The Employer further 128470050v1 certifies that it has and will limit participation in the Plan to a select group of management or highly compensated Employees, Board Members or Other Service Providers, as determined by the Employer in consultation with legal counsel. The Employer further certifies that it is the Employer’s sole responsibility to ensure that each Participant with the right to direct deemed investments under the Plan that are based on securities issued by the Employer or a member of its controlled group (as defined in Code Section 414(b) and (c)) will receive a prospectus for any such deemed investment option based on such Employer securities. The Employer is solely responsible for its compliance with applicable laws, including Federal and state securities and other applicable laws. Only those elections that are completed shall be considered as provisions applicable to and forming a part of the Plan. This Adoption Agreement may only be used in conjunction with the Plan document. All selections in the Adoption Agreement providing for customized or “other” plan provisions are subject to review for administrative feasibility, and may be subject to additional fees. Terms used in this Adoption Agreement which are defined in the Plan document shall have the meaning given them therein. The Employer hereby acknowledges that it is adopting this Nonqualified Supplemental Deferred Compensation Plan. Federal legislation or other changes in the law relating to nonqualified deferred compensation or other employee benefit plans may require that the Plan be amended. *** * * ​ The undersigned duly authorized owner, or officer of the Employer hereby executes the Plan on behalf of the Employer. Dated this 19th 18th day of MayOctober, 2022. Xxxxxx Bank & Trust Employer By: /s/ Xxxx Xxx Xxxxx Its EVP, Chief Administrative Officer.

Appears in 1 contract

Samples: Nonqualified Supplemental Deferred Compensation Plan Adoption Agreement (C & F Financial Corp)

De Minimis” Small Amount Cashouts. If selected by the Employer, Participant account balances that do not exceed a certain threshold amount will be automatically cashed out upon the Participant‘s Participant’s Termination of Employment or Death, as provided below [select one] x Yes, amounts that do not exceed a threshold dollar amount will automatically be cashed out [IRS 402(g) limit OR $ [enter dollar amount, not to exceed the IRS Internal Revenue Code 402(g) limit for a given year] ☐ year will automatically be cashed out. ¨ No, no “de minimis” small amounts will be cashed out. By signing this Adoption Agreement, the Employer certifies that it has consulted with legal counsel regarding the effects of the Plan, as applicable, on all parties. The Employer further 128470050v1 certifies that it has and will limit participation in the Plan to a select group of management or highly compensated Employees, Board Members or Other Service Providers, as determined by the Employer in consultation with legal counsel. The Employer further certifies that it is the Employer’s sole responsibility to ensure that each Participant with the right to direct deemed investments under the Plan that are based on securities issued by the Employer or a member of its controlled group (as defined in Code Section 414(b) and (c)) will receive a prospectus for any such deemed investment option based on such Employer securities. The Employer is solely responsible for its compliance with applicable laws, including Federal and state securities and other applicable laws. Only those elections that are completed shall be considered as provisions applicable to and forming a part of the Plan. This Adoption Agreement may only be used in conjunction with the Plan document. All selections in the Adoption Agreement providing for customized or “other” plan provisions are subject to review for administrative feasibility, and may be subject to additional fees. Terms used in this Adoption Agreement which are defined in the Plan document shall have the meaning given them therein. The Employer hereby acknowledges that it is adopting this Nonqualified Supplemental Deferred Compensation Plan. Federal legislation or other changes in the law relating to nonqualified deferred compensation or other employee benefit plans may require that the Plan be amended. *** * * The undersigned duly authorized owner, or officer of the Employer hereby executes the Plan on behalf of the Employer. Dated this 19th 1 day of May, 2022. Xxxxxx Bank & Trust Employer By: /s/ Xxxx Xxx Xxxxx Its EVP, Chief Administrative Officer2009.

Appears in 1 contract

Samples: Deferred Compensation Plan (Kraft Foods Inc)

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De Minimis” Small Amount Cashouts. If selected by the Employer, Participant account balances that do not exceed a certain threshold amount will be automatically cashed out upon the Participant‘s Termination of Employment or Death, as provided below [select one] x Yes, amounts that do not exceed a threshold dollar amount will automatically be cashed out [IRS 402(g) limit OR $ [enter dollar amount, not to exceed the IRS Internal Revenue Code 402(g) limit for a given year] ☐ year will automatically be cashed out . ¨ No, no “de minimis” small amounts will be cashed out. By signing this Adoption Agreement, the Employer certifies that it has consulted with legal counsel regarding the effects of the Plan, as applicable, on all parties. The Employer further 128470050v1 certifies that it has and will limit participation in the Plan to a select group of management or highly compensated Employees, Board Members or Other Service Providers, as determined by the Employer in consultation with legal counsel. The Employer further certifies that it is the Employer’s sole responsibility to ensure that each Participant with the right to direct deemed investments under the Plan that are based on securities issued by the Employer or a member of its controlled group (as defined in Code Section 414(b) and (c)) will receive a prospectus for any such deemed investment option based on such Employer securities. The Employer is solely responsible for its compliance with applicable laws, including Federal and state securities and other applicable laws. Only those elections that are completed shall be considered as provisions applicable to and forming a part of the Plan. This Adoption Agreement may only be used in conjunction with the Plan document. All selections in the Adoption Agreement providing for customized or “other” plan provisions are subject to review for administrative feasibility, and may be subject to additional fees. Terms used in this Adoption Agreement which are defined in the Plan document shall have the meaning given them therein. The Employer hereby acknowledges that it is adopting this Nonqualified Supplemental Deferred Compensation Plan. Federal legislation or other changes in the law relating to nonqualified deferred compensation or other employee benefit plans may require that the Plan be amended. *** * * The undersigned duly authorized owner, or officer of the Employer hereby executes the Plan on behalf of the Employer. Dated this 19th day of MaySeptember, 20222012. Xxxxxx Bank & Trust Mondelēz Global LLC Employer By: /s/ Xxxx Xxx Xxxxx Its EVP, Chief Administrative OfficerBy Its

Appears in 1 contract

Samples: Adoption Agreement (Mondelez International, Inc.)

De Minimis” Small Amount Cashouts. If selected by the Employer, Participant account balances that do not exceed a certain threshold amount will be automatically cashed out upon the Participant‘s Participant's Termination of Employment or Death, as provided below [select one] ý Yes, amounts that do not exceed a threshold dollar amount will automatically be cashed out [IRS 402(g) limit OR $ [enter dollar amount, not to exceed the IRS 402(g) limit for a given yearyear ($15,500 for 2007 and 2008) [enter amount] $ 402(g) limit o No, no "de minimis" small amounts will be cashed out. By signing this Adoption Agreement, the Employer certifies that it has consulted with legal counsel regarding the effects of the Plan, as applicable, on all parties. The Employer further 128470050v1 certifies that it has and will limit participation in the Plan to a select group of management or highly compensated Employees, Board Members or Other Service Providers, as determined by the Employer in consultation with legal counsel. The Employer further certifies that it is the Employer’s 's sole responsibility to ensure that each Participant with the right to direct deemed investments under the Plan that are based on securities issued by the Employer or a member of its controlled group (as defined in Code Section 414(b) and (c)) will receive a prospectus for any such deemed investment option based on such Employer securities. The Employer is solely responsible for its compliance with applicable laws, including Federal and state securities and other applicable laws. Only those elections that are completed shall be considered as provisions applicable to and forming a part of the Plan. This Adoption Agreement may only be used in conjunction with the Plan document. All selections in the Adoption Agreement providing for customized or "other" plan provisions are subject to review for administrative feasibility, and may be subject to additional fees. Terms used in this Adoption Agreement which are defined in the Plan document shall have the meaning given them therein. The Employer hereby acknowledges that it is adopting this Nonqualified Supplemental Deferred Compensation Plan. Federal legislation or other changes in the law relating to nonqualified deferred compensation or other employee benefit plans may require that the Plan be amended. *** * * The undersigned duly authorized owner, or officer of the Employer hereby executes the Plan on behalf of the Employer. Dated this 19th 16th day of MayDecember, 20222008. Xxxxxx Bank & Trust EOG Resources, Inc. Employer By: By /s/ Xxxx Xxx Xxxxx Xxxxxxxx Xxxxxxx Its EVP, Chief Administrative OfficerXxxxxxxx Xxxxxxx V.P Human Resources and Administration

Appears in 1 contract

Samples: Nonqualified Supplemental (Eog Resources Inc)

De Minimis” Small Amount Cashouts. If selected by the Employer, Participant account balances that do not exceed a certain threshold amount will be automatically cashed out upon the Participant‘s Participant’s Termination of Employment or Death, as provided below [select one] x Yes, amounts that do not exceed a threshold dollar amount will automatically be cashed out [IRS 402(g) limit OR $ [enter dollar amount, not to exceed the IRS Internal Revenue Code 402(g) limit for a given year] ☐ year will automatically be cashed out ($15,500 for 2007 and 2008) ¨ No, no “de minimis” small amounts will be cashed out. By signing this Adoption Agreement, the Employer certifies that it has consulted with legal counsel regarding the effects of the Plan, as applicable, on all parties. The Employer further 128470050v1 certifies that it has and will limit participation in the Plan to a select group of management or highly compensated Employees, Board Members or Other Service Providers, as determined by the Employer in consultation with legal counsel. The Employer further certifies that it is the Employer’s sole responsibility to ensure that each Participant with the right to direct deemed investments under the Plan that are based on securities issued by the Employer or a member of its controlled group (as defined in Code Section 414(b) and (c)) will receive a prospectus for any such deemed investment option based on such Employer securities. The Employer is solely responsible for its compliance with applicable laws, including Federal and state securities and other applicable laws. Only those elections that are completed shall be considered as provisions applicable to and forming a part of the Plan. This Adoption Agreement may only be used in conjunction with the Plan document. All selections in the Adoption Agreement providing for customized or “other” plan provisions are subject to review for administrative feasibility, and may be subject to additional fees. Terms used in this Adoption Agreement which are defined in the Plan document shall have the meaning given them therein. The Employer hereby acknowledges that it is adopting this Nonqualified Supplemental Deferred Compensation Plan. Federal legislation or other changes in the law relating to nonqualified deferred compensation or other employee benefit plans may require that the Plan be amended. *** * * The undersigned duly authorized owner, or officer of the Employer hereby executes the Plan on behalf of the Employer. Dated this 19th 3 day of MayNovember, 2022. Xxxxxx Bank & Trust Employer By: /s/ Xxxx Xxx Xxxxx Its EVP, Chief Administrative Officer2008.

Appears in 1 contract

Samples: Adoption Agreement (Kraft Foods Inc)

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