Common use of Employer Action Clause in Contracts

Employer Action. The Employer must take any action under the Plan in accordance with applicable Plan provisions and with proper authority such that the action is valid and under applicable law and is binding upon the Employer.

Appears in 5 contracts

Samples: Defined Contribution Prototype Plan (MSC Software Corp), 401(k) Plan Adoption Agreement (Petco Animal Supplies Inc), Defined Contribution Prototype Plan (Trimeris Inc)

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Employer Action. The Employer must take any action under the Plan in accordance with applicable Plan provisions and with proper authority such that the action is valid and under applicable law Applicable Law and is binding upon the Employer.

Appears in 3 contracts

Samples: 401(k) Plan Adoption Agreement (Knowles Corp), 401(k) Profit Sharing Plan (Nci Building Systems Inc), Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

Employer Action. The Employer must take any action under the Plan in accordance with applicable Plan provisions and with proper authority such that the action is valid and under applicable law and is binding upon the Employer.

Appears in 2 contracts

Samples: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp), Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)

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Employer Action. The Employer must take any action under the Plan in --------------- accordance with applicable Plan provisions and with proper authority such that the action is valid and under applicable law and is binding upon the Employer.

Appears in 1 contract

Samples: Adoption Agreement (Gold Banc Corp Inc)

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