Exclusion of Certain Employees. To the extent provided in the Adoption Agreement, the following Employees may be excluded from participation in the Plan: (i) Employees not meeting the age and service requirements; (ii) Employees who are included in a unit of Employees covered by a collective bargaining agreement between the Employee representatives and one or more Employers if there is evidence that retirement benefits were the subject of good faith bargaining between such Employee representatives and such Employer(s). For this purpose, the term "Employee representative" does not include any organization where more than one-half of the membership is comprised of owners, officers and executives of the Employer; (iii) Employees who are nonresident aliens and who receive no earned income from the Employer which constitutes income from sources within the United States; and (iv) Employees described in Section 2.4 or included in any other ineligible job classifications set forth in the Adoption Agreement.
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Samples: Employees' Savings & Profit Sharing Plan (BCSB Bankcorp Inc), Employees' Savings & Profit Sharing Plan and Trust (Riverview Bancorp Inc), Adoption Agreement (Pulaski Financial Corp)
Exclusion of Certain Employees. To the extent provided in the Adoption Agreement, the following Employees may be excluded from participation in the Plan:
(i) Employees not meeting the age and service requirements;
(ii) Employees who are included in a unit of Employees covered by a collective bargaining agreement between the Employee representatives and one or more Employers if there is evidence that retirement benefits were the subject of good faith bargaining between such Employee representatives and such Employer(s). For this purpose, the term "Employee representative" does not include any organization where more than one-half of the membership is comprised of owners, officers and executives of the Employer;
(iii) Employees who are nonresident non-resident aliens and who receive no earned income from the Employer which constitutes income from sources within the United States; and
(iv) Employees described in Section 2.4 or included in any other ineligible job classifications set forth in the Adoption Agreement.
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Samples: Employees' Savings & Profit Sharing Plan and Trust (Pulaski Financial Corp), Adoption Agreement (Suntrust Banks Inc), Adoption Agreement (CCSB Financial Corp)
Exclusion of Certain Employees. To the extent provided in the Adoption Agreement, the following Employees may be excluded from participation in the Plan:
(i) Employees not meeting the age and service requirements;
(ii) Employees who are included in a unit of Employees covered by a collective bargaining agreement between the Employee representatives and one or more Employers if there is evidence that retirement benefits were the subject of good faith bargaining between such Employee representatives and such Employer(s). For this purpose, the term "Employee representative" does not include any organization where more than one-half of the membership is comprised of owners, officers and executives of the Employer;
(iii) Employees abEmployees who are nonresident non-resident aliens and who receive no earned income from the Employer which constitutes income from sources within the United States; and
(iv) Employees abEmployees described in Section 2.4 or included in any other ineligible job classifications set forth in the Adoption Agreement.
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Exclusion of Certain Employees. To the extent provided in the Adoption Agreement, the following Employees may be excluded from participation in the Plan:
(i) Employees not meeting the age and service requirements;
(ii) Employees who are included in a unit of Employees covered by a collective bargaining agreement between the Employee representatives and one or more Employers if there is evidence that retirement benefits were the subject of good faith bargaining between such Employee representatives and such Employer(s). For this purpose, the term "βEmployee representative" β does not include any organization where more than one-half of the membership is comprised of owners, officers and executives of the Employer;
(iii) Employees who are nonresident non-resident aliens and who receive no earned income from the Employer which constitutes income from sources within the United States; and
(iv) Employees described in Section 2.4 or included in any other ineligible job classifications set forth in the Adoption Agreement.
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