Common use of Leased Employee Clause in Contracts

Leased Employee. Any person (other than an Employee of the recipient) who, pursuant to an agreement between the recipient and any other person ("leasing organization"), has performed services for the recipient [or for the recipient and related persons determined in accordance with Code Section 414(n)(6)] on a substantially full-time basis for a period of at least one year, and such services are of a type historically performed by Employees in the business field of the recipient Employer.

Appears in 6 contracts

Samples: 401(k) Plan Document (East West Bancorp Inc), Defined Contribution Plan and Trust (First Keystone Corp), 401(k) Plan Document (Inventa Technologies Inc)

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Leased Employee. Any person (other than an Employee of the recipient) who, pursuant to an agreement between the recipient and any other person ("leasing organization"), has performed services for the recipient [or for the recipient and related persons determined in accordance with Code Section 414(n)(6)] on a substantially full-full time basis for a period of at least one year, and such services are of a type historically performed by Employees in the business field of the recipient Employer.

Appears in 1 contract

Samples: Profit Sharing Plan (First Keystone Corp)

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