FAEGRE & BENSON LLP REGIONAL PROTOTYPE DEFINED CONTRIBUTION PLAN ADOPTION AGREEMENT-001 (Non-Standardized) PROFIT SHARING PLAN (Including 401(k) Contribution Option)Adoption Agreement • September 2nd, 2003 • Arc Wireless Solutions Inc • Communications services, nec • Colorado
THE FAEGRE & BENSON LLP REGIONAL PROTOTYPE DEFINED CONTRIBUTION PLAN CAN BE USED TO CREATE A QUALIFIED PROFIT SHARING PLAN UNDER SECTION 401(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE PLAN ALSO MAY INCLUDE A 401(K) FEATURE). WHETHER YOUR PLAN IS QUALIFIED WILL DEPEND ON THE ELECTIONS (AND COMBINATION OF ELECTIONS) YOU MAKE ON THE ADOPTION AGREEMENT, AND ALSO WILL DEPEND ON WHETHER THE PLAN IS ADMINISTERED PROPERLY. YOU SHOULD CONSULT WITH LEGAL COUNSEL OR OTHER QUALIFIED PROFESSIONALS REGARDING YOUR ELECTIONS ON THE ADOPTION AGREEMENT.
