Common use of TRANSFER OF AMOUNTS FROM QUALIFIED PLAN Clause in Contracts

TRANSFER OF AMOUNTS FROM QUALIFIED PLAN. If the Plan provides that amounts may be transferred to the Plan from another qualified plan or trust under Section 401(a) of the Code, such transfer shall be made in accordance with the provisions of the Plan and with such rules as may be established by the Trustee. The Trustee will only accept assets which are in a medium proper for investment under this agreement or in cash. Such amounts shall be accompanied by written instructions showing separately the respective contributions by the prior employer and the transferring Employee, and identifying the assets attributable to such contributions. The Trustee shall hold such assets for investment in accordance with the provisions of this agreement.

Appears in 8 contracts

Samples: Non Standardized Adoption Agreement (Resource Bancshares Mortgage Group Inc), Profit Sharing/401(k) Plan (TSW International Inc), Profit Sharing/401(k) Plan (Lawter International Inc)

AutoNDA by SimpleDocs

TRANSFER OF AMOUNTS FROM QUALIFIED PLAN. If the Plan provides that --------------------------------------- amounts may be transferred to the Plan from another qualified plan or trust under Section 401(a) of the Code, such transfer shall be made in accordance with the provisions of the Plan and with such rules as may be established by the Trustee. The Trustee will only accept assets which are in a medium proper for investment under this agreement or in cash. Such amounts shall be accompanied by written instructions showing separately the respective contributions by the prior employer and the transferring Employee, and identifying the assets attributable to such contributions. The Trustee shall hold such assets for investment in accordance with the provisions of this agreement.

Appears in 1 contract

Samples: Adoption Agreement (Technitrol Inc)

TRANSFER OF AMOUNTS FROM QUALIFIED PLAN. If the Plan provides that amounts may be transferred to the Plan from another qualified plan Plan or trust under Section 401(a) of the Code, such transfer shall be made in accordance with the provisions of the Plan and with such rules as may be established by the Trustee. The Trustee will only accept assets which are in a medium proper for investment under this agreement the Agreement or in cash. Such amounts shall be accompanied by written instructions showing separately the respective contributions by the prior employer and the transferring Employee, and identifying the assets attributable to such contributions. The Trustee shall hold such assets for investment in accordance with the provisions of this agreementAgreement.

Appears in 1 contract

Samples: Corporate Plan for Retirement 100 Sm the Profit Sharing/401(k) Plan (Acadia Pharmaceuticals Inc)

TRANSFER OF AMOUNTS FROM QUALIFIED PLAN. If the Plan provides that --------------------------------------- amounts may be transferred to the Plan from another qualified plan plan, or trust under Section 401(a) of the Code, such transfer shall be made in accordance with the provisions of the Plan and with such rules as may be established by the Trustee. The Trustee will only accept assets which are in a medium proper for investment under this agreement Agreement or in cash. Such amounts shall be accompanied by written instructions showing separately the respective contributions by the prior employer and the transferring Employee, and identifying the assets attributable to such contributions. The Trustee shall hold such assets for investment in accordance with the provisions of this agreementAgreement.

Appears in 1 contract

Samples: Profit Sharing/401(k) Plan (Impac Group Inc /De/)

AutoNDA by SimpleDocs

TRANSFER OF AMOUNTS FROM QUALIFIED PLAN. If the Plan provides that amounts may be transferred to the Plan from another qualified plan Plan or trust under Section 401(a) of the Code, such transfer shall be made in accordance with the provisions of the Plan and with such rules as may be established by the Trustee. The Trustee will only accept assets which are in a medium proper for investment under this agreement Agreement or in cash. Such amounts shall be accompanied by written instructions showing separately the respective contributions by the prior employer and the transferring Employee, and identifying the assets attributable to such contributions. The Trustee shall hold such assets for investment in accordance with the provisions of this agreementAgreement.

Appears in 1 contract

Samples: Profit Sharing/401(k) Plan (Concord Communications Inc)

TRANSFER OF AMOUNTS FROM QUALIFIED PLAN. If the Plan provides that amounts may be transferred to the Plan from another qualified plan or trust under Section 401(a) of the Code, such transfer shall be made in accordance with the provisions of the Plan and with such rules as may be established by the Trustee. The Trustee will only accept assets which are in a medium proper for investment under this agreement Agreement or in cash. Such amounts shall be accompanied by written instructions showing separately the respective contributions by the prior employer and the transferring Employee, and identifying the assets attributable to such contributions. The Trustee shall hold such assets for investment in accordance with the provisions of this agreementAgreement.

Appears in 1 contract

Samples: Profit Sharing/401(k) Plan (Jaymark Inc)

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