Common use of Retroactive Amendments Clause in Contracts

Retroactive Amendments. An amendment made by the Prototype Sponsor in accordance with Section 10.02 may be made effective on a date prior to the first day of the Plan Year in which it is adopted if such amendment is necessary or appropriate to enable the Plan and Trust to satisfy the applicable requirements of the Code or to conform the Plan to any change in federal law, or to any regulations or ruling thereunder. Any retroactive amendment by the Employer shall be subject to the provisions of Section 10.01.

Appears in 8 contracts

Samples: Adoption Agreement (Extended Systems Inc), Adoption Agreement (Lawter International Inc), Adoption Agreement (Lexington Precision Corp)

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Retroactive Amendments. An amendment made by the Prototype Sponsor sponsor in accordance with Section 10.02 may be made effective on a date prior to the first day of the Plan Year in which it is adopted if such amendment is necessary or appropriate to enable the Plan and Trust to satisfy the applicable requirements of the Code or to conform the Plan to any change in federal law, or to any regulations or ruling thereunder. Any retroactive amendment by the Employer shall be subject to the provisions of Section 10.01.

Appears in 3 contracts

Samples: Concord Communications Inc, Acadia Pharmaceuticals Inc, Jaymark Inc

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Retroactive Amendments. An amendment made by the Prototype Sponsor in ---------------------- accordance with Section 10.02 may be made effective on a date prior to the first day of the Plan Year in which it is adopted if such amendment is necessary or appropriate to enable the Plan and Trust to satisfy the applicable requirements of the Code or to conform the Plan to any change in federal law, or to any regulations or ruling thereunder. Any retroactive amendment by the Employer shall be subject to the provisions of Section 10.01.

Appears in 1 contract

Samples: Technitrol Inc

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