Common use of QUALIFICATION OF EMPLOYER'S Clause in Contracts

QUALIFICATION OF EMPLOYER'S. PLAN If the adopting Employer fails to obtain or retain applicable Internal Revenue Service qualification as a Prototype Plan, such Employer's Plan shall no longer participate in this Prototype Defined Contribution Plan and will be considered an individually designed plan.

QUALIFICATION OF EMPLOYER'S. PLAN If the adopting Employer fails to obtain attain or retain applicable Internal Revenue Service qualification as a Prototype Planqualification, such Employer's Plan shall no longer participate in this Regional Prototype Defined Contribution Plan and will be considered an individually designed plan.