Common use of PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES Clause in Contracts

PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES. Effective for plan loans made after December 31, 2001, plan provisions prohibiting loans to any owner-employee or shareholder-employee shall cease to apply.

Appears in 2 contracts

Samples: Employee Stock Ownership Plan and Trust Agreement (Union Community Bancorp), 401(k) Adoption Agreement (Garmin LTD)

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PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES. Effective for plan loans Plan Loans made after December 31, 2001, plan provisions prohibiting loans Loans to any owner-employee or shareholder-employee shall cease to apply.

Appears in 1 contract

Samples: Trust Agreement (Royal Dutch Shell PLC)

PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES. Effective for plan loans made after December 31, 2001, plan Plan provisions prohibiting loans to any owner-employee or shareholder-employee shall cease to apply.

Appears in 1 contract

Samples: Non Standardized Profit Sharing/401(k) Plan Adoption Agreement (Shire Pharmaceuticals Group PLC)

PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES. Effective for plan Plan loans made after December 31, 2001, plan Plan provisions prohibiting loans to any owner-employee or shareholder-employee shall cease to apply.

Appears in 1 contract

Samples: 401(k) Compensation Deferral Savings Plan Amendment (Corvas International Inc)

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PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES. [X] Not Applicable [ ] Effective for plan loans made after December 31, 2001, plan Plan provisions prohibiting loans to any owner-employee or shareholder-employee shall cease to apply.

Appears in 1 contract

Samples: Trust Agreement (Southwest Community Bancorp)

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