Common use of EPCRS Programs Clause in Contracts

EPCRS Programs. (1) SCP. SCP is available only for Operational Failures. Qualified Plans and 403(b) Plans are eligible for SCP with respect to significant and insignificant Operational Failures. SEPs and SIMPLE IRA Plans are eligible for SCP with respect to insignificant Operational Failures only.

Appears in 6 contracts

Samples: Revenue Procedure, Revenue Procedure, Revenue Procedure

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EPCRS Programs. (1) SCP. SCP is available only for Operational Failures. Qualified Plans and 403(b) Plans are eligible for SCP with respect to significant and insignificant Operational Failures. SEPs and SIMPLE IRA Plans are eligible for SCP only with respect to insignificant Operational Failures onlyFailures.

Appears in 4 contracts

Samples: Closing Agreements, Revenue Procedure, Revenue Procedure

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