EPCRS Sample Clauses

EPCRS. EPCRS means the IRS's Employee Plans Compliance Resolution System for resolving plan defects, or any successor program.
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EPCRS. The Parties agree that Seller and Company shall file or cause to be filed an application with the Internal Revenue Service under the Employee Plans Compliance Resolution System (“EPCRS”) with respect to Seller’s and Company’s adoptions of the Pension Plan. Seller and Company agree that each will take such steps as are necessary to maintain the qualified status of the Pension Plan as so adopted by them under Section 401(a) of the Code and otherwise provide a satisfactory resolution of any and all issues relating to the qualified and funded status of the Pension Plan, including but not limited to: (i) the Company’s potential participation in a “multiple employer plan” within the meaning of Section 413(c) of the Code; (ii) any actual or potential Liability under such multiple employer plan; (iii) the establishment, maintenance, and administration of the Pension Plan in compliance with the requirements of all laws, including ERISA, and, where applicable, Sections 401 and 412 of the Code and any other provisions of the Code related to any tax-favored treatment intended for the Pension Plan or applicable to plans or trusts of its type; (iv) whether any transactions involving the Pension Plan are, or have been, prohibited under ERISA, the Code, or any other Law; (v) whether all returns, reports, disclosure statements, and premium payments required to be made under ERISA and the Code with respect to the Pension Plan have been so made; and (vi) whether the Pension Plan is qualified under Section 401(a) of the Code and whether circumstances exist that are reasonably likely to adversely affect the tax-qualified status of the Pension Plan or result in the revocation of a Pension Plan determination letter from the Internal Revenue Service.
Sample 1

Related to EPCRS

  • Random Drug Testing All employees covered by this Agreement shall be subject to random drug testing in accordance with Appendix D.

  • Prescription Drug Plan Retail and mail order prescription drug copays for bargaining unit employees shall be as follows:

  • PROCUREMENT ETHICS Contractor understands that a person who is interested in any way in the sale of any supplies, services, construction, or insurance to the State of Utah is violating the law if the person gives or offers to give any compensation, gratuity, contribution, loan, reward, or any promise thereof to any person acting as a procurement officer on behalf of the State of Utah, or who in any official capacity participates in the procurement of such supplies, services, construction, or insurance, whether it is given for their own use or for the use or benefit of any other person or organization.

  • Contractor Certification Regarding Ethics The Contractor certifies that the Contractor is now, and shall remain, in compliance with Chapter 42.52 RCW, Ethics in Public Service, throughout the term of this Contract.

  • Evaluation, Testing, and Monitoring 1. The System Agency may review, test, evaluate and monitor Grantee’s Products and services, as well as associated documentation and technical support for compliance with the Accessibility Standards. Review, testing, evaluation and monitoring may be conducted before and after the award of a contract. Testing and monitoring may include user acceptance testing. Neither the review, testing (including acceptance testing), evaluation or monitoring of any Product or service, nor the absence of review, testing, evaluation or monitoring, will result in a waiver of the State’s right to contest the Grantee’s assertion of compliance with the Accessibility Standards. 2. Grantee agrees to cooperate fully and provide the System Agency and its representatives timely access to Products, records, and other items and information needed to conduct such review, evaluation, testing, and monitoring.

  • Quality Assurance Program An employee shall be entitled to leave of absence without loss of earnings from her or his regularly scheduled working hours for the purpose of writing examinations required by the College of Nurses of Ontario arising out of the Quality Assurance Program.

  • Health and Safety Plan Consultant shall prepare and submit a Health and Safety Plan (“HASP”) for the portion of Consultant’s work that will involve field work, assessments, or investigations of certain Project elements. The HASP shall describe how Consultant plans to complete field work, assessments, and/or investigations at the RWF. Consultant’s HASP must comply with the CIP HASP and shall be updated as new conditions are encountered.

  • Prescription Safety Glasses Prescription safety glasses will be furnished by the employer. The employer retains the authority to establish reasonable rules and procedures regarding frequency of issue, replacement of damaged glasses, limits on reimbursement costs and coordination with the employer's vision plan.

  • Alcohol and Drug Testing Employee agrees to comply with and submit to any Company program or policy for testing for alcohol abuse or use of drugs and, in the absence of such a program or policy, to submit to such testing as may be required by Company and administered in accordance with applicable law and regulations.

  • DRUG AND ALCOHOL TESTING Employees may be tested for drugs and/or alcohol pursuant to the provisions of the Employer's Drug and Alcohol Testing Policy which is attached hereto and made a part of this Agreement as if more fully set forth herein.

Most Referenced Clauses

Most Referenced Definitions