Common use of Merger of Plan Clause in Contracts

Merger of Plan. The Board may at any time merge the Plan and its related Trust with another non-qualified plan maintained by the Employer or any member of a controlled group of corporation as defined in Code Section 1563 or a member of an affiliated service group as defined under Code Section 414(m).

Appears in 2 contracts

Samples: Supplemental Executive Retirement Plan (Coventry Health Care Inc), Supplemental Executive Retirement Plan (Coventry Health Care Inc)

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Merger of Plan. The Board may at any time merge the Plan and its related Trust with into another non-qualified plan maintained by the Employer or any member of a controlled group of corporation corporations or trades or businesses under common control as defined in Code Section 1563 414(b) or a member of an affiliated service group as defined under Code Section 414(m(c), respectively.

Appears in 2 contracts

Samples: Elective Deferred Compensation Plan (Beneficial Mutual Bancorp Inc), Elective Deferred Compensation Plan (Beneficial Mutual Bancorp Inc)

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Merger of Plan. The Board may at any time merge the Plan and its related Trust with into another non-non- qualified plan maintained by the Employer or any member of a controlled group of corporation corporations or trades or businesses under common control as defined in Code Section 1563 414(b) or a member of an affiliated service group as defined under Code Section 414(m(c), respectively.

Appears in 1 contract

Samples: Elective Deferred Compensation Plan (WSFS Financial Corp)

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