Common use of Transfers of Accounts Clause in Contracts

Transfers of Accounts. Are assets being transferred to this Plan from a qualified plan covering Key Employees in a Top-Heavy Plan or five-percent owners (within the meaning of section 416(i)(1) of the Code) (check one)?

Appears in 2 contracts

Samples: Defined Contribution Plan and Trust Agreement (Trust for Federal Securities), Defined Contribution Plan (Profit Sharing or Profit Sharing 401(k)) (Temporary Investment Fund Inc)

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Transfers of Accounts. Are assets being transferred to this Plan from a qualified plan covering Key Employees in a Top-Heavy Plan or five-percent owners (within the meaning of section 416(i)(1) of the Code) (check one)? (1) Yes [ X ] (2) No --- --- If such assets are transferred, the restrictions of Section 3.10(B) of the Plan apply.

Appears in 1 contract

Samples: Adoption Agreement (RBB Fund Inc)

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Transfers of Accounts. Are assets being transferred to this Plan from a qualified plan covering Key Employees in a Top-Heavy Plan or five-percent owners (within the meaning of section 416(i)(1) of the Code) (check one)? (1) Yes [ X ] (2) No If such assets are transferred, the restrictions of Section 3.10(B) of the Plan apply.

Appears in 1 contract

Samples: Defined Contribution Plan Adoption Agreement (Chestnut Street Exchange Fund)

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