TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan within the time prescribed by the Code or applicable Treasury regulations. Subject to the consent of the Trustee, the Employer may make its contribution in property rather than in cash, provided the contribution of property is not a prohibited transaction under the Code or under ERISA.
Appears in 35 contracts
Samples: Defined Contribution Prototype Plan and Trust Agreement (Direct Focus Inc), Retirement Savings Plan Adoption Agreement (World Acceptance Corp), Defined Contribution Master Plan and Trust Agreement (Sonic Corp)
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution for each any Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan within the time prescribed Unless otherwise required by contract, by the Code or applicable Treasury regulations. Subject to the consent of the Trusteeby ERISA, the Employer may make its contribution to the Plan for a particular Plan Year at such time(s) as the Employer in property rather than its sole discretion determines. If the Employer makes a contribution for a particular Plan Year after the close of that Plan Year, the Employer will designate in cash, provided writing to the contribution of property Trustee the Plan Year for which the Employer is not a prohibited transaction under the Code or under ERISAmaking its contribution.
Appears in 6 contracts
Samples: 401(k) Plan Adoption Agreement (Petco Animal Supplies Inc), Defined Contribution Prototype Plan (Trimeris Inc), Defined Contribution Prototype Plan (MSC Software Corp)
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution ------------------------------- for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan within the time prescribed by the Code or applicable Treasury regulations. Subject to the consent of the Trustee, the Employer may make its contribution in property rather than in cash, provided the contribution of property is not a prohibited transaction under the Code or under ERISA.
Appears in 5 contracts
Samples: Adoption Agreement (Timberland Bancorp Inc), Adoption Agreement (Channell Commercial Corp), Defined Contribution Prototype Plan and Trust Agreement (Global Imaging Systems Inc)
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan Trustee within the time prescribed by the Code or applicable Treasury regulations. Subject to the consent of the Trustee, the Employer may make its contribution in property rather than in cash, provided the contribution of property is not a prohibited transaction under the Code or under ERISA.
Appears in 4 contracts
Samples: Employee Stock Ownership Plan and Trust Agreement (Fronteer Directory Company Inc), Employee Stock Ownership Plan and Trust Agreement (Liberty Bancshares Inc /Mo), Employee Stock Ownership Plan and Trust Agreement (Edwards J D & Co)
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its ------------------------------- contribution for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan within the time prescribed by the Code or applicable Treasury regulations. Subject to the consent of the Trustee, the Employer may make its contribution in property rather than in cash, provided the contribution of property is not a prohibited transaction under the Code or under ERISA.
Appears in 3 contracts
Samples: Discretionary Contribution Plan and Trust Agreement (Hollis Eden Pharmaceuticals Inc /De/), 401(k) Plan (Firstbank Corp/Id), Defined Contribution Prototype Plan and Trust Agreement (High Country Bancorp Inc)
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay ------------------------------- its contribution for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan within the time prescribed by the Code or applicable Treasury regulations. Subject to the consent of the Trustee, the Employer may make its contribution in property rather than in cash, provided the contribution of property is not a prohibited transaction under the Code or under ERISA.
Appears in 3 contracts
Samples: Defined Contribution Master Plan and Trust Agreement (Modine Manufacturing Co), Defined Contribution Master Plan and Trust Agreement (Modine Manufacturing Co), Defined Contribution Master Plan and Trust Agreement (Modine Manufacturing Co)
TIME OF PAYMENT OF CONTRIBUTION. The An Employer may pay its contribution for each Plan Year in one or more monthly installments without interest. The An Employer must make its contribution to the Plan Trustee within the time prescribed by the Code or applicable Treasury regulations. Subject to the consent of the Trustee, the Employer may make its contribution in property rather than in cash, provided the contribution of property is not a prohibited transaction under the Code or under ERISA.
Appears in 2 contracts
Samples: Employee Stock Ownership Plan and Trust Agreement (DST Systems Inc), Employee Stock Ownership Plan and Trust Agreement (DST Systems Inc)
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan within the time prescribed by the Code or applicable Treasury regulationsRegulations. Subject to the consent of the Trustee, the Employer may make its contribution in property (including Employer Securities) rather than in cash, provided the contribution of property is not a prohibited transaction under the Code or under ERISA.
Appears in 1 contract
Samples: Employee Stock Ownership Plan and Trust Agreement (Millers Mutual Fire Insurance Co)
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan within the time prescribed by the US Code or applicable Treasury regulations. Subject to the consent of the Trustee, the Employer may make its contribution in property rather than in cash, provided the contribution of property is not a prohibited transaction under the US Code or under ERISA.
Appears in 1 contract
Samples: Defined Contribution Master Plan and Trust Agreement (Checkfree Corp \Ga\)
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution -------------------------------- for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan within the time prescribed by the Code or applicable Treasury regulations. Subject to the consent of the Trustee, the Employer may make its contribution in property rather than in cash, provided the contribution of property is not a prohibited transaction under the Code or under ERISA.
Appears in 1 contract
Samples: Defined Contribution Prototype Plan and Trust Agreement (Indian Village Bancorp Inc)
TIME OF PAYMENT OF CONTRIBUTION. The Employer may pay its contribution for each Plan Year in one or more installments without interest. The Employer must make its contribution to the Plan within the time prescribed by the Code or applicable Treasury regulations. Subject to the consent of the Trustee, the Employer may make its contribution in property (including Employer Securities) rather than in cash, provided the contribution of property is not a prohibited transaction under the Code or under ERISA.
Appears in 1 contract
Samples: Employee Stock Ownership Plan (Exigent International Inc)
