Common use of SIMPLIFIED DEFINITION Clause in Contracts

SIMPLIFIED DEFINITION. If the Employer maintains significant business activities (and employs Employees) in at least two significantly separate geographic areas, the Employer may elect the simplified definition of Highly Compensated Employee in Section 1.38 of the Plan. Does the Employer desire to make this election (check one): (1) Yes [ X ] (2) No [ ] (3) N/A

Appears in 2 contracts

Samples: Defined Contribution Plan Adoption Agreement (Chestnut Street Exchange Fund), Defined Contribution Plan (Profit Sharing or Profit Sharing 401(k)) (Temporary Investment Fund Inc)

AutoNDA by SimpleDocs

SIMPLIFIED DEFINITION. If the Employer maintains significant business activities (and employs Employees) in at least two significantly separate geographic areas, the Employer may elect the simplified definition of Highly Compensated Employee in Section 1.38 of the Plan. Does the Employer desire to make this election (check one): (1) Yes [ X ] (2) No [ ] (3) N/AA --- --- ---

Appears in 1 contract

Samples: Adoption Agreement (RBB Fund Inc)

AutoNDA by SimpleDocs

SIMPLIFIED DEFINITION. If the Employer maintains significant business activities (and employs Employees) in at least two significantly separate geographic areas, the Employer may elect the simplified definition of Highly Compensated Employee in Section 1.38 of the Plan. Does the Employer desire to make this election (check one): (1) Yes [ X ] (2) No [ ] (3) N/A

Appears in 1 contract

Samples: Defined Contribution Plan and Trust Agreement (Trust for Federal Securities)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!