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)
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)
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)