Common use of Discretionary Actions Clause in Contracts

Discretionary Actions. The Administrator shall have discretionary authority to determine eligibility for benefits and construe the terms of the Plan. Any discretionary action, including the granting of a loan pursuant to Article XII hereof, to be taken by the Employer or the Administrator under this Plan shall be non-discriminatory in nature and all Employees similarly situated shall be treated in a uniform manner.

Appears in 3 contracts

Samples: Prototype 401(k) Plan (Associated Estates Realty Corp), 401(k) Plan Adoption Agreement (United States Lime & Minerals Inc), Prototype 401(k) Plan (United States Lime & Minerals Inc)

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Discretionary Actions. The Administrator shall have discretionary --------------------- authority to determine eligibility for benefits and construe the terms of the Plan. Any discretionary action, including the granting of a loan pursuant to Article XII hereof, to be taken by the Employer or the Administrator under this Plan shall be non-discriminatory in nature and all Employees similarly situated shall be treated in a uniform manner.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Chandler Insurance Co LTD)

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