Common use of Participant Covered By More Than One Eligible Plan Clause in Contracts

Participant Covered By More Than One Eligible Plan. If the Participant is or has been a participant in one or more other eligible plans within the meaning of Section 457(b) of the Code, then this Plan and all such other plans shall be considered as one plan for purposes of applying the foregoing limitations of this Section 4. For this purpose, the Employer shall take into account any other such eligible plan maintained by the Employer and shall also take into account any other such eligible plan for which the Employer receives from the Participant sufficient information concerning his or her participation in such other plan.

Appears in 2 contracts

Samples: 457 Deferred Compensation Plan Document, Calpers 457 Deferred Compensation Plan Document

AutoNDA by SimpleDocs

Participant Covered By More Than One Eligible Plan. If the Participant is or has been a participant in one or more other eligible plans within the meaning of Section section 457(b) of the Code, then this Plan and all such other plans shall be considered as one plan for purposes of applying the foregoing limitations of this Section 4. For this purpose, the Employer Plan Administrator shall take into account any other such eligible plan maintained by the Employer and shall also take into account any other such eligible plan for which the Employer Administrator receives from the Participant sufficient information concerning his or her participation in such other plan.

Appears in 2 contracts

Samples: 457(b) Custodial Account Agreement, 457(b) Custodial Account Agreement

Participant Covered By More Than One Eligible Plan. If the Participant is or has been a participant in one or more other eligible plans within the meaning of Section Code §457(b) of the Code), then this Plan and all such other plans shall will be considered as one plan for purposes of applying the foregoing limitations of this Section 4Section. For this purpose, the Employer shall Administrator will take into account any other such eligible plan maintained by the Employer and shall will also take into account any other such eligible plan for which the Employer receives from the Participant sufficient provides information concerning his or her participation in such other planas required by Section 3.4 herein.

Appears in 1 contract

Samples: Deferred Compensation Plan

Participant Covered By More Than One Eligible Plan. If the Participant is or has been a participant in one or more other eligible plans within the meaning of Section section 457(b) of the Code, then this Plan and all such other plans shall be considered as one plan for purposes of applying the foregoing limitations of this Section 4Article IV. For this purpose, the Employer Administrator shall take into account any other such eligible plan maintained by the Employer and shall also take into account any other such eligible plan for which the Employer Administrator receives from the Participant sufficient information concerning his or her participation in such other plan.

Appears in 1 contract

Samples: Public Employee Deferred Compensation Plan

AutoNDA by SimpleDocs

Participant Covered By More Than One Eligible Plan. If the Participant is or has been a participant in one or more other eligible plans within the meaning of meaningof Section 457(b) of the Code, then this Plan and all such other plans shall be considered as one plan for purposes of applying the foregoing limitations of this Section 4. For this purpose, the Employer shall take into account any other such eligible plan maintained by the Employer and shall also take into account any other such eligible plan for which the Employer receives from the Participant sufficient information concerning his concerninghis or her participation in such other plan.

Appears in 1 contract

Samples: Calpers 457 Deferred Compensation Plan Document

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