Common use of Owner-Employee Clause in Contracts

Owner-Employee. OWNER-EMPLOYEE" shall mean a Self-Employed Person who is a sole proprietor, or who is a partner owning more than ten percent of either the capital or profits interest of the partnership.

Appears in 1 contract

Samples: Plan and Trust Agreement (Trust for Federal Securities)

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Owner-Employee. OWNER“Owner-EMPLOYEE" shall mean a Self-Employed Person who Employee” means the sole proprietor, if the Employer is a sole proprietorproprietorship, or who is a partner owning who owns more than ten 10 percent of either the capital interest or the profits interest of interest, if the Employer is a partnership.

Appears in 1 contract

Samples: www.fidelity.com

Owner-Employee. OWNEROwner-EMPLOYEEEmployee" shall mean a Selfsole-Employed Person who is a sole proprietor, proprietor or who is a partner owning who owns more than ten percent (10%) of either the capital or profits interest of the partnershipEmployer.

Appears in 1 contract

Samples: New England Funds Trust I

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Owner-Employee. OWNEROwner-EMPLOYEEEmployee" shall mean a Self-Employed Person an individual who is (a) a sole proprietor, or who is (b) a partner owning who owns more than ten (10) percent of either the capital interest or profits interest of the partnership.

Appears in 1 contract

Samples: Investors Research Fund Inc

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