Common use of Qualification Of Prototype Clause in Contracts

Qualification Of Prototype. The Sponsor intends that this Plan will meet the requirements of Code Section 408(k)(6) and the regulations thereunder as a qualified Salary Reduction Simplified Employee Pension Plan. Should the Commissioner of Internal Revenue or any delegate of the Commissioner at any time determine that the Plan fails to meet the requirements of said Code Section 408(k)(6), the Sponsor will amend the Plan so as to maintain its qualified status.

Appears in 6 contracts

Samples: Sep and Sarsep Ira Adoption Agreement (Aim Equity Funds Inc), Sep and Sarsep Ira Adoption Agreement (Aim Advisor Funds Inc), Sep and Sarsep Ira Adoption Agreement (Aim Investment Securities Funds Inc)

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