Tax Qualified Status. Allegion will take all steps and make any necessary filings with the IRS to establish and maintain the Schlage Lock Company LLC Pension Plan so that such plan is qualified under Section 401(a) of the Code and the related trust is tax-exempt under Section 501(a) of the Code, including promptly seeking and obtaining a favorable determination letter from the IRS as to such qualification.
Appears in 3 contracts
Samples: Employee Matters Agreement (Ingersoll-Rand PLC), Employee Matters Agreement (Allegion PLC), Employee Matters Agreement (Allegion PLC)
Tax Qualified Status. Allegion will take all steps and make any necessary filings with the IRS to establish and maintain the Schlage Lock Company LLC Pension Plan so that such plan is qualified under Section 401(a) of the Code and the related trust is tax-exempt under Section 501(a) of the Code, including promptly seeking and obtaining a favorable determination letter from the IRS as to such qualification.. Article VII U.S.
Appears in 1 contract
Samples: Matters Agreement
