EFFECTIVE DATES Complete Sample Clauses
EFFECTIVE DATES Complete. Parts A and B Part A. General Effective Dates (Check and Complete Option 1 or 2):
Option 1: [ ] This is the initial adoption of a profit sharing plan by the Employer. The Effective Date of this Plan is NOTE: The effective date is usually the first day of the Plan Year in which this Adoption Agreement is signed.
EFFECTIVE DATES Complete. Part A or B New Plan Effective Date This is the initial adoption of a profit sharing plan by the Adopting Employer. The Effective Date of this Plan is . NOTE: The Effective Date is usually the first day of the Plan Year in which this Adoption Agreement is signed and may not be earlier than such date. Existing Plan Amendment or Restatement Date This is an amendment or restatement of an existing qualified plan (a Prior Plan). The Prior Plan was initially effective on . The Effective Date of this amendment or restatement is . NOTE: The restatement Effective Date is generally the first day of the Plan Year in which this Adoption Agreement is signed. An amendment or restatement Effective Date after the first day of the Plan Year in which this Adoption Agreement is signed may result in a reduction or elimination of accrued benefits, violating Code Section 411(d)(6). Notwithstanding the foregoing, Effective Dates for certain items (e.g., EGTRRA and other government pronouncements) are governed by the dates specified in the Basic Plan Document.