MAINTENANCE OF A DEFINED BENEFIT PLAN. If a Participant is or has ever been a participant in a Defined Benefit Plan maintained by the Employer, check either (1) or (2) and complete as necessary: (1) The limitations set forth in Section 3.8(C)(2) through (4) of the Plan shall apply. (2) Provide the method under which the Plan will satisfy the 1.0 limitation of section 415(e) of the Code (such language must preclude employer discretion; see Treas.
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Samples: Defined Contribution Plan (Profit Sharing or Profit Sharing 401(k)) (Temporary Investment Fund Inc), Defined Contribution Plan and Trust Agreement (Trust for Federal Securities)
MAINTENANCE OF A DEFINED BENEFIT PLAN. If a Participant is or has ever been a participant in a Defined Benefit Plan maintained by the Employer, check either (1) or (2) and complete as necessary:
(1) The limitations set forth in Section 3.8(C)(2) through (4) of the Plan shall apply.
(2) Provide the method under which the Plan will satisfy the 1.0 limitation of section 415(e415 (e) of the Code (such language must preclude employer discretion; see Treas.
Appears in 1 contract
Samples: Defined Contribution Plan Adoption Agreement (Chestnut Street Exchange Fund)
