Joint Status Sample Clauses

Joint Status. If you comprise two or more persons or entities (notwithstanding any agreement, arrangement or understanding between or among such persons or entities) the rights, privileges and benefits of this Agreement may only be exercised and enjoyed jointly. The liabilities and responsibilities under this Agreement will be the joint and several obligations of all such persons or entities.
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Joint Status. For all Plan purposes other than those described in Section 12.07(A), including but not limited to determining the Annual Additions Limit in Section 4.05(B), Compensation includes all Compensation paid by or for any Participating Employer or Related Employer.
Joint Status. The Plan Administrator will perform the following tests for the Plan as whole, without regard to an Employee's employment by a particular Participating Employer:
Joint Status. The Administrator shall perform the following tests for the Plan as whole, without regard to employment by a particular Participating Employer: (1) Applying the Code §415 limitation in Section 4.4. (2) Applying the Code §402(g) limitation in Section 12.2. (3) Applying the limit on Catch-Up Contributions in Section 12.2.
Joint Status. The following tests shall be performed for the plan as whole, without regard to employment by a particular Participating Employer: (1) Applying the annual addition limitation in Section 4.7, including the related Compensation definition. (2) Applying the Code Section 402(g) limitation in Section 4.2. (3) Applying the limit on Catch-Up Contributions in Section 4.2.

Related to Joint Status

  • Employment Status This Agreement does not constitute a contract of employment or impose upon Executive any obligation to remain as an employee, or impose on the Company any obligation (i) to retain Executive as an employee, (ii) to change the status of Executive as an at-will employee or (iii) to change the Company’s policies regarding termination of employment.

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