Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §1.410(b)-9 of the Regulations. For this purpose, the term “employee representative” does not include any organization more than half of whose members are owners, officers, or executives of the Employer. 2. Employees who are non-resident aliens [within the meaning of Code Section 7701(b)(1)(B)] who receive no Earned Income [within the meaning of Code Section 911(d)(2)] from the Employer which constitutes income from sources within the United States [within the meaning of Code Section 861(a)(3)]. 3. Employees compensated on an hourly basis. 4. Employees compensated on a salaried basis. 5. Employees compensated on a commission basis.
Appears in 4 contracts
Samples: Defined Contribution Plan (Georgetown Bancorp, Inc.), Defined Contribution Plan (United Community Bancorp), Defined Contribution Plan (Chicopee Bancorp, Inc.)
Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §Section 1.410(b)-9 of the Regulations. For this purpose, the term “"employee representative” " does not include any organization more than half of whose members are owners, officers, or executives of the Employer.
2. Employees who are non-resident aliens [within the meaning of Code Section 7701(b)(1)(B)] who receive no Earned Income [within the meaning of Code Section 911(d)(2)] from the Employer which constitutes income from sources within the United States [within the meaning of Code Section 861(a)(3)].
3. Employees compensated on an hourly basis.
4. Employees compensated on a salaried basis.
5. Employees compensated on a commission basis.
Appears in 2 contracts
Samples: Nonstandardized Adoption Agreement (Sontra Medical Corp), Defined Contribution Plan (Spheris Leasing LLC)
Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §1.410(b)-9 of the Regulations. For this purpose, the term “employee representative” does not include any organization more than half of whose members are owners, officers, or executives of the Employer.
2. Employees who are non-resident aliens [within the meaning of Code Section 7701(b)(1)(B)] who receive no Earned Income [within the meaning of Code Section 911(d)(2)] from the Employer which constitutes income from sources within the United States [within the meaning of Code Section 861(a)(3)].
3. Employees compensated on an hourly basis.
4. Employees compensated on a salaried basis.
5. Employees compensated on a commission basis.. 6. Leased Employees. 8 §401(k) Plan AA #010
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Legacy Bancorp, Inc.)
Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §1.410(b)-9 ss.1.410(b)-9 of the Regulations. For this purpose, the term “"employee representative” " does not include any organization more than half of whose members are owners, officers, or executives of the Employer.
2. Employees who are non-resident aliens [within the meaning of Code Section 7701(b)(1)(B)] who receive no Earned Income [within the meaning of Code Section 911(d)(2)] from the Employer which constitutes income from sources within the United States [within the meaning of Code Section 861(a)(3)].
3. Employees compensated on an hourly basis.
4. Employees compensated on a salaried basis.
5. Employees compensated on a commission basis.
6. Leased Employees. Section 401(k) Plan AA #010
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Jda Software Group Inc)
Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §Section 1.410(b)-9 of the Regulations. For this purpose, the term “"employee representative” " does not include any organization more than half of whose members are owners, officers, or executives of the Employer.
2. Employees who are non-resident aliens [within the meaning of Code Section 7701(b)(1)(B)] who receive no Earned Income [within the meaning of Code Section 911(d)(2)] from the Employer which constitutes income from sources within the United States [within the meaning of Code Section 861(a)(3)].
3. Employees compensated on an hourly basis.
4. Employees compensated on a salaried basis.
5. Employees compensated on a commission basis.
6. Leased Employees. 8 Section 401(k) Plan AA #010
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)
Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §1.410(b)-9 ss.1.410(b)-9 of the Regulations. For this purpose, the term “"employee representative” " does not include any organization more than half of whose members are owners, officers, or executives of the Employer.
2. Employees who are non-resident aliens [within the meaning of Code Section 7701(b)(1)(B)] who receive no Earned Income [within the meaning of Code Section 911(d)(2)] from the Employer which constitutes income from sources within the United States [within the meaning of Code Section 861(a)(3)].
3. Employees compensated on an hourly basis.
4. Employees compensated on a salaried basis.
5. Employees compensated on a commission basis.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (CRH Public LTD Co)
Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits benefits, were the subject of good faith bargaining and if two percent or less of the Employees who are covered pursuant to the that agreement are professionals as defined in §1.410(b)-9 of the RegulationsRegulations Section 1.410(b)-9. For this purpose, the term “"employee representative” " does not include any organization more than half of whose members are Employees who are owners, officers, or executives of the Employer.
2. Employees who are non-resident aliens [within the meaning of Code Section 7701(b)(1)(B)] who receive no Earned Income [within the meaning of Code Section 911(d)(2)] from the Employer which constitutes income from sources within the United States [within the meaning of Code Section 861(a)(3)].
3. Employees compensated on an hourly basis.
4. Employees compensated on a salaried basis.
5. Employees compensated on a commission basis.
Appears in 1 contract
Samples: Profit Sharing Plan Adoption Agreement (First Farmers & Merchants Corp)