Loan Provisions. [ ] A. Participant loans are not available from the Plan. [x] B. Participant loans are permitted in accordance with the Employer’s established loan procedures. [ ] C. Loan payments will be suspended under the Plan as permitted under Code Section 414(u) in compliance with the Uniformed Services Employment and Reemployment Rights Act of 1994.
Appears in 3 contracts
Samples: Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct), Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct), Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct)
Loan Provisions. [ ] A. Participant loans are not available from the Plan. [x] B. Participant loans are permitted in accordance with the Employer’s 's established loan procedures. [ ] C. B. Loan payments will be suspended under the Plan as permitted under Code Section 414(u) in compliance with the Uniformed Services Employment and Reemployment Rights Act of 1994.
Appears in 3 contracts
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Nonstandardized Adoption Agreement (CRH Public LTD Co)
Loan Provisions. [ ] A. Participant loans are not available from the Plan. [x] B. Participant loans are permitted in accordance with the Employer’s established loan procedures. [ [x] C. Loan payments will be suspended under the Plan as permitted under Code Section 414(u) in compliance with the Uniformed Services Employment and Reemployment Rights Act of 1994.
Appears in 2 contracts
Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp), Prototype Defined Contribution Plan (Old Dominion Freight Line Inc/Va)
Loan Provisions. [ ] A. Participant loans are not available from the Plan. [x] B. A. Participant loans are permitted in accordance with the Employer’s 's established loan procedures. [ [x] C. B. Loan payments will be suspended under the Plan as permitted under Code Section 414(u) in compliance accordance with the Uniformed Services Service Employment and Reemployment Rights Act of 1994.
Appears in 1 contract
Samples: Standardized Adoption Agreement (Thomasville Bancshares Inc)
Loan Provisions. [ ] x A. Participant loans are not available from the Plan. [x] B. Participant loans are permitted in accordance with the Employer’s established loan procedures. [ ] C. ¨ B. Loan payments will be suspended under the Plan as permitted under Code Section 414(u) in compliance with the Uniformed Services Employment and Reemployment Rights Act of 1994.
Appears in 1 contract
Samples: Prototype Defined Contribution Plan (United Community Bancorp)
Loan Provisions. [ [x] A. Participant loans are not available from the Plan. [x[ ] B. Participant loans are permitted in accordance with the Employer’s established loan procedures. [ ] C. Loan payments will be suspended under the Plan as permitted under Code Section 414(u) in compliance with the Uniformed Services Employment and Reemployment Rights Act of 1994.
Appears in 1 contract
Samples: Prototype Defined Contribution Plan (Savannah Bancorp Inc)
