Common use of RELIANCE ON OPINION LETTER Clause in Contracts

RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Section 401 of the Code. If the Employer wishes to obtain reliance that his or her Plan(s) are qualified, application for a determination letter should be made to the appropriate Key District Director of the Internal Revenue Service. Failure to fill out the Adoption Agreement properly may result in disqualification of the Plan.

Appears in 7 contracts

Samples: Profit Sharing/401(k) Plan (Lawter International Inc), Severance Agreement (Risk Capital Holdings Inc), Profit Sharing/401(k) Plan (Lexington Precision Corp)

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RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Section 401 of the Code. If the Employer wishes to obtain reliance that his or her Plan(splan(s) are qualified, application for a determination letter should be made to the appropriate Key District Director of the Internal Revenue Service. Failure to properly fill out the Adoption Agreement properly may result in disqualification of the Plan.

Appears in 3 contracts

Samples: Non Standardized Adoption Agreement (Jevic Transportation Inc), 401(k) Plan (Dragon Systems Inc), Profit Sharing/401(k) Plan (Jaymark Inc)

RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Section 401 of the Code. If the Employer wishes to obtain reliance that his or his/her Plan(s) are qualified, application for a determination letter should be made to the appropriate Key District Director of the Internal Revenue Service. Failure to fill out the Adoption Agreement properly may result in disqualification of the Plan.

Appears in 2 contracts

Samples: Adoption Agreement Non Standardized Profit Sharing Plan (Extended Systems Inc), Adoption Agreement (PSW Technologies Inc)

RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Code Section 401 of the Code401. If the Employer wishes to obtain reliance that his or her Plan(s) are its Plan is qualified, application for a determination letter should be made to the appropriate Key District Director of the Internal Revenue Service. Failure to fill out the Adoption Agreement properly may result in disqualification of the Plan.

Appears in 2 contracts

Samples: Retirement Plan Agreement (Craig Corp), Advisor Retirement Connection Premium Service Retirement Plan (Rose Hills Co)

RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Section 401 of the Code. If the Employer wishes to obtain reliance that his or her Plan(s) are qualified, application for a determination letter should be made to the appropriate Key District Director of the Internal Revenue Service. Failure to fill out properly the Adoption Agreement properly may result in disqualification of the Plan.

Appears in 1 contract

Samples: Severance Agreement (Risk Capital Holdings Inc)

RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Section 401 of the Code. If the Employer wishes to obtain reliance that his or her Plan(s) are qualified, application for a determination letter should be made to the appropriate Key District Director of the Internal Revenue Service. Failure to fill out the Adoption Agreement properly may result in disqualification of the Plan. This Adoption Agreement may be used only in conjunction with Fidelity Prototype Plan Basic Plan Document No.

Appears in 1 contract

Samples: Adoption Agreement (Smith Corona Corp)

RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Section 401 of the Code. If the Employer wishes to obtain reliance that his or her Plan(s) its plans are qualified, application for a determination letter should be made to the appropriate Key District Director of the Internal Revenue Service. Failure to fill out the Adoption Agreement properly may result in disqualification of the Plan.

Appears in 1 contract

Samples: Adoption Agreement (Valley National Bancorp)

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RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the an opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Code Section 401 of the Code. If the Employer wishes to obtain reliance that his or her Plan(s) are qualified, application for a determination letter should be made only to the appropriate Key District Director extent provided in Section 7.02 of Revenue Procedure 2017-41. The Employer may not rely on the Internal Revenue Service. Failure opinion letter in certain other circumstances or with respect to fill out certain qualification requirements, which are specified in the Adoption Agreement properly may result opinion letter issued with respect to this Plan and in disqualification of the Plan.Section

Appears in 1 contract

Samples: Defined Contribution Plan

RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Code Section 401 of the Code401. If the Employer wishes to obtain reliance that his or her Plan(s) are its Plan is qualified, application for a determination letter should be made to the appropriate Key District Director of the Internal Revenue Service. Failure to fill out the Adoption Agreement properly may result in disqualification of the Plan. This Adoption Agreement may be used only in conjunction with Fidelity Basic Plan Document No.

Appears in 1 contract

Samples: Adoption Agreement (Inhale Therapeutic Systems Inc)

RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the opinion letter issued by the National Office of the Internal Revenue Service as evidence that this Plan is qualified under Section 401 of the Code. If the Employer wishes to obtain reliance that his or his/her Plan(s) are qualified, application for a determination letter should be made to the appropriate Key District Director of the Internal Revenue Service. , Failure to fill out the Adoption Agreement properly may result in disqualification of the Plan.

Appears in 1 contract

Samples: Profit Sharing / 401(k) Plan (Celadon Group Inc)

RELIANCE ON OPINION LETTER. An adopting Employer may not rely on the opinion letter issued by the National Office office of the Internal Revenue Service as evidence that this Plan is qualified under Section 401 of the Code. If the Employer wishes to obtain reliance that his or his/her Plan(s) are qualified, application for a determination letter should be made to the appropriate Key District Director of the Internal Revenue Service. Failure to fill out the Adoption Agreement properly may result in disqualification of the Plan.

Appears in 1 contract

Samples: Adoption Agreement (Technitrol Inc)

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