Common use of Protected Benefit Clause in Contracts

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 2 contracts

Samples: 401(k) Profit Sharing Plan (Nci Building Systems Inc), Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

AutoNDA by SimpleDocs

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-41.411(d)‑4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulationsregulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulationsregulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 1 contract

Samples: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp)

AutoNDA by SimpleDocs

Protected Benefit. Protected Benefit means any accrued benefit described in Treas. Reg. §1.411(d)-41.411(d) -4, including any optional form of benefit provided under the Plan which may not (except in accordance with such Regulations) be reduced, eliminated or made subject to Employer discretion.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Knowles Corp)

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