Common use of Governmental Plan Clause in Contracts

Governmental Plan. The Customer is a qualified plan under Section 401(a) of the Code. Customer further represents that the Customer is a “governmental plan” as that term is defined in Section 414(d) of the Code and Section 3(32) of ERISA and the Customer is not subject to ERISA. ☐ Church Plan. The Customer is a qualified plan under Section 401(a) of the Code and is tax-exempt under 501(a) of the Code. Customer further represents that the Customer is a “church plan” as that term is defined in Section 3(33) of ERISA with respect to which no election has been made under Section 410(d) of the Code and the Customer is not subject to ERISA. ☐ VEBA. The Customer is a voluntary employees’ beneficiary association within the meaning of Section 501(c)(9) of the Code and is subject to ERISA.

Appears in 2 contracts

Samples: Custody Agreement, Custody Agreement

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Governmental Plan. The Customer is a qualified plan under Section 401(a) of the Code. Customer further represents that the Customer Plan is a “governmental plan” as that term is defined in Section 414(d) of the Code and Section 3(32) of ERISA and the Customer Plan is not subject to ERISA. ☐ Church Plan. The Customer is a qualified plan under Section 401(a) of the Code and is tax-exempt under 501(a) of the Code. Customer further represents that the Customer is a “church plan” as that term is defined in Section 3(33) of ERISA with respect to which no election has been made under Section 410(d) of the Code and the Customer is not subject to ERISA. ☐ VEBA. The Customer is a voluntary employees’ beneficiary association within the meaning of Section 501(c)(9) of the Code and is subject to ERISA.

Appears in 1 contract

Samples: Custody Agreement

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Governmental Plan. The Customer is a qualified plan under Section 401(a) of the Code. Customer further represents that the Customer it is a “governmental plan” as that term is defined in Section 414(d) of the Code and Section 3(32) of ERISA and the Customer is not subject to ERISA. ☐ Church Plan. The Customer is a qualified plan under Section 401(a) of the Code and is tax-exempt under 501(a) of the Code. Customer further represents that the Customer it is a “church plan” as that term is defined in Section 3(33) of ERISA with respect to which no election has been made under Section 410(d) of the Code and the Customer is not subject to ERISA. ☐ VEBA. The Customer is a voluntary employees’ beneficiary association within the meaning of Section 501(c)(9) of the Code and is subject to ERISA.

Appears in 1 contract

Samples: Custody Agreement

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