Common use of Plan Option Clause in Contracts

Plan Option. In the event the City of Hayward Deferred Compensation Committee determines that a 401(a) plan option shall be available to the City of Hayward, the City shall amend its Plan and such option shall be made available to HAME-represented employees pursuant to IRS regulations governing the operation of such plans.

Appears in 5 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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