Common use of SAFE HARBOR RULE Clause in Contracts

SAFE HARBOR RULE. If the Participant is employed by the Employer on the last day of the Plan Year, the Participant must complete at least one Hour of Service for that Plan Year. If the Participant is not employed by the Employer on the last day of the Plan Year, the Participant must complete at least 501 Hours of Service during the Plan Year.

Appears in 62 contracts

Samples: Adoption Agreement (Sauer Danfoss Inc), Adoption Agreement (Invesco Strategic Portfolios Inc), Adoption Agreement (Motor Cargo Industries Inc)

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SAFE HARBOR RULE. If the Participant is employed by the Employer on the last day of the Plan Year, the Participant must complete at least one Hour of Service for that Plan Year. If the Participant is not employed by the Employer on the last day of the Plan Year, the Participant must complete at least 501 Hours of Service during the Plan Year.. /x/

Appears in 1 contract

Samples: Adoption Agreement (Direct Focus Inc)

SAFE HARBOR RULE. If the Participant is employed by the Employer on the last day of the Plan Year, the Participant must complete compete at least one Hour of Service for that Plan Year. If the Participant is not employed by the Employer on the last day of the Plan Year, the Participant must complete at least 501 Hours of Service during the Plan Year.

Appears in 1 contract

Samples: Adoption Agreement (Ce Software Inc)

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SAFE HARBOR RULE. If the Participant is employed by the Employer on the last day of the Plan Year, the Participant must complete at least one Hour of Service for that Plan Year. If the Participant is not employed by the Employer on the last day of the Plan Year, the Participant must complete at least 501 Hours of Service during the Plan Year.. [X] (d)

Appears in 1 contract

Samples: Adoption Agreement (Goodmark Foods Inc)

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