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 Prototype Plan and Trust Agreement (Indian Village Bancorp Inc), Dollar Thrifty Automotive Group Inc, World Acceptance Corp

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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: Recovery Engineering Inc

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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: Adoption Agreement (Reptron Electronics Inc)

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