Common use of MATTERS RELATING TO INSURANCE A Clause in Contracts

MATTERS RELATING TO INSURANCE A. If a life insurance policy is to be purchased for a Participant, the aggregate premium for certain life insurance for each Participant must be less than a certain percentage of the aggregate Employer Contributions and Forfeitures allocated to a Participant's Individual Account at any particular time as follows:

Appears in 7 contracts

Samples: Basic Plan Document (Peabody Energy Corp), Qualified Retirement Plan and Trust (Bradford Funds Inc), Qualified Retirement Plan and Trust (Meritage Hospitality Group Inc /Mi/)

AutoNDA by SimpleDocs

MATTERS RELATING TO INSURANCE A. If a life insurance policy is to be purchased for a Participant, the aggregate premium for certain life insurance for each Participant must be less than a certain percentage Percentage of the aggregate Employer Contributions and Forfeitures allocated to a Participant's Individual Account at any particular time as follows:

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Bradford Funds Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!