Common use of DISTRIBUTION RESTRICTIONS UNDER CODE SS Clause in Contracts

DISTRIBUTION RESTRICTIONS UNDER CODE SS. 401(K). If the Plan receives a direct transfer (by merger or otherwise) of elective contributions (or amounts treated as elective contributions) under a Plan with a Code ss.401(k) arrangement, the distribution restrictions of Code ss.ss.401(k)(2) and (10) continue to apply to those transferred elective contributions.

Appears in 3 contracts

Samples: Defined Contribution Master Plan and Trust Agreement (Dollar Thrifty Automotive Group Inc), Defined Contribution Prototype Plan and Trust Agreement (Indian Village Bancorp Inc), Retirement Savings Plan Adoption Agreement (World Acceptance Corp)

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DISTRIBUTION RESTRICTIONS UNDER CODE SS. 401(K). If the Plan receives a direct transfer (by merger or otherwise) of elective contributions (or amounts treated as elective contributions) under a Plan with a Code ss.401(k) arrangement, the distribution restrictions of Code Codes ss.ss.401(k)(2) and (10) continue to apply to those transferred elective contributions.

Appears in 1 contract

Samples: 401(k) Retirement Savings Plan (Reptron Electronics Inc)

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DISTRIBUTION RESTRICTIONS UNDER CODE SS. 401(K401(k). If the Plan receives a direct transfer (by merger or otherwise) of elective contributions (or amounts treated as elective contributions) under a Plan with a Code ss.401(k) arrangement, the distribution restrictions of Code ss.ss.401(k)(2) and (10) continue to apply to those transferred elective contributions.

Appears in 1 contract

Samples: Defined Contribution Master Plan and Trust Agreement (Recovery Engineering Inc)

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