Common Contracts
1 similar Adoption Agreement contracts
ADOPTION AGREEMENTAdoption Agreement • March 2nd, 2021
Bank of Travelers Rest hereby establishes a Health Reimbursement Arrangement (the “Plan”) with one or more Health Reimbursement Accounts (“HRAs”) for its Employees. The Plan’s purpose is to reimburse eligible Employees of the Employer for the certain Eligible Medical Expenses incurred by them, their Spouses, and eligible Dependents. It is intended that the Plan meet the requirements for qualification under Internal Revenue Code § 106, and that benefits paid employees hereunder be excludable from their gross incomes by virtue of Internal Revenue Code § 105(b).
