Common use of Limited Eligibility Clause in Contracts

Limited Eligibility. Eligibility is limited to Employees who are described in both (i) and (ii) below. Note: If this Section 2(B) is elected, and you do not complete Sections 2(B)(i) and (ii) below, the defaults will be $5,000 in compensation for two prior calendar years and the current year.

Appears in 3 contracts

Samples: Fidelity Simple Ira Adoption Agreement, Fidelity Simple Ira Adoption Agreement, Fidelity Simple Ira Adoption Agreement

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Limited Eligibility. Eligibility is limited to Employees who are described in both (i) and (ii) below. Note: NOTE: If this Section 2(B) is elected, elected and you do not complete Sections Items 2(B)(i) and (iiand/or 2(B)(ii) below, the defaults default will be $5,000 in compensation for two prior calendar years and the current year.

Appears in 3 contracts

Samples: Simple Ira Plan Adoption Agreement, Simple Ira Plan Agreement, Simple Ira Plan Agreement

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