Common use of Protected Benefits Clause in Contracts

Protected Benefits. To the extent the elections would eliminate a Code 411(d)(6) protected benefit, see Section 13.02 of the Plan. Furthermore, if the elections liberalize the optional forms of benefit under the Plan, the more liberal options apply on the later of the adoption date or the Effective Date of this Adoption Agreement.

Appears in 3 contracts

Samples: Adoption Agreement (Paychex Inc), Adoption Agreement (Steel Technologies Inc), Adoption Agreement (Steel Technologies Inc)

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Protected Benefits. To the extent the elections would eliminate a Code 411(d)(6ss411(d)(6) protected benefit, see Section 13.02 of the Plan. Furthermore, if the elections liberalize the optional forms of benefit under the Plan, the more liberal options apply on the later of the adoption date or the Effective Date of this Adoption Agreement.

Appears in 1 contract

Samples: Adoption Agreement (Pluma Inc)

Protected Benefits. To the extent the elections would eliminate a Code 411(d)(6) protected benefit, see Section 13.02 of the Plan. Furthermore, if the elections liberalize the optional forms of benefit under the Plan, the more liberal options apply on the later of the adoption date or the Effective Date of this Adoption Agreement.. 6.01

Appears in 1 contract

Samples: Adoption Agreement (Steel Technologies Inc)

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Protected Benefits. To the extent the elections would eliminate a Code 411(d)(6ss.41l(d)(6) protected benefit, see Section 13.02 of the Plan. Furthermore, if the elections liberalize the optional forms of benefit under the Plan, the more liberal options apply on the later of the adoption date or the Effective Date of this Adoption Agreement.

Appears in 1 contract

Samples: Adoption Agreement (Benchmark Electronics Inc)

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