Common use of Other - Specify Clause in Contracts

Other - Specify. (The exclusions entered here cannot result in the group of NHCEs participating under the Plan being only those NHCEs with the lowest amount of compensation and/or the shortest periods of Service and who may represent the minimum number of these Employees necessary to satisfy coverage under Code section 410(b).) (Cannot discriminate in favor of Highly Compensated Employees.)

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement for Defined Benefit Pension Plan

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Other - Specify. (The exclusions entered here in k., m. and o. cannot result in the group of NHCEs participating under the Plan being only those NHCEs with the lowest amount of compensation and/or the shortest periods of Service and who may represent the minimum number of these Employees necessary to satisfy coverage under Code section 410(b)) of the Code.) (Cannot discriminate in favor of Highly Compensated Employees.)

Appears in 2 contracts

Samples: Volume Submitter Adoption Agreement, Volume Submitter Adoption Agreement

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