Common use of Withdrawal By Employer Clause in Contracts

Withdrawal By Employer. The Employer may withdraw from participation under the Plan without terminating the Trust upon making a transfer of the Trust assets to another Plan which shall be deemed to constitute an amendment in its entirety of the Trust.

Appears in 3 contracts

Samples: Defined Contribution Plan and Trust (Capstone Pharmacy Services Inc), Adoption Agreement (Southbanc Shares Inc), Adoption Agreement (Jones Medical Industries Inc /De/)

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Withdrawal By Employer. The Employer may withdraw from participation under the Plan without terminating the Trust upon making a transfer of the Trust assets to another Plan Plan, which shall be deemed to constitute an amendment in its entirety of the Trust.

Appears in 3 contracts

Samples: Adoption Agreement (Eureka Financial Corp.), 401(k) Plan (Floridian Financial Group Inc), Trust Agreement (Southwest Community Bancorp)

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Withdrawal By Employer. The Employer may withdraw from participation under the Plan without terminating the Trust upon making a transfer of the Trust assets to another Plan which that shall be deemed to constitute an amendment in its entirety of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Southwest Community Bancorp)

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