Adopting Employer definition

Adopting Employer means a state or political subdivision thereof that adopts this Plan by completing and executing an Adoption Agreement, which may include a joint powers agreement.

Adopting Employer means the Executive Branch of the Federal Government. Adopting Employer also means an Employer that signs an adoption agreement, accepted by OPM, to participate in this Plan. An Employer remains an Adopting Employer until the Plan terminates, the Adopting Employer withdraws from the Plan, or OPM terminates the Adopting Employer’s participation in the Plan.

Adopting Employer means an eligible employer under §457(e) of the Code and Article XII herein which elects to adopt this plan on behalf of its employees through execution of an adoption agreement with the County of Kern.

Examples of Adopting Employer in a sentence

• If an Adopting Employer desires to amend any of its elections contained in this Adoption Agreement (or any Addendum), the Governing Authority by official action must adopt an amendment of the Adoption Agreement (or any Addendum) or a new Adoption Agreement (or Addendum) must be adopted and forwarded to the Board for approval.

• The Adoption Agreement (and, if applicable, the Addendum) sets forth the Employees to be covered by the Plan, the benefits to be provided by the Adopting Employer under the Plan, and any conditions imposed by the Adopting Employer with respect to, but not inconsistent with, the Plan.

• The Adopting Employer hereby adopts the terms of the Adoption Agreement and any Addendum, which is attached hereto and made a part of this ordinance.

• The Adopting Employer reserves the right to amend its elections under the Adoption Agreement and any Addendum, so long as the amendment is not inconsistent with the Plan or the Internal Revenue Code or other applicable law and is approved by the Board of Trustees of GMEBS.

• The Adopting Employer acknowledges that it may not be able to rely on the pre-approved plan opinion letter if it makes certain elections under the Adoption Agreement or the Addendum, and that the failure to properly complete the Adoption Agreement may result in a failure of the Adopting Employer's Plan to be a qualified plan.

More Definitions of Adopting Employer

Adopting Employer means (a) any business entity in which the Company owns a majority interest upon the Effective Date or (b) any other business entity, which, following the Effective Date, is authorized by the Board to adopt the Plan.

Adopting Employer means an Affiliate who, with the consent of the Company, has adopted the Plan for the benefit of its Executives.

Adopting Employer means an entity that adopts the Plan with the approval of the Employer. In order to be an Adopting Employer, the entity must be member of a controlled group of corporations with an Employer,

Adopting Employer means the entity which executes an Adoption Agreement to establish a Plan. The Adopting Employer can be a corporation (Subchapter C or Subchapter S), a partnership (general or limited), a limited liability corporation, a sole proprietorship, a governmental entity, or an organization which is exempt from tax under Subtitle A of the Code.

Adopting Employer means a corporation that has adopted the Plan for the benefit of its eligible employees pursuant to Section 1.5.

Adopting Employer means any business organization or corporation affiliated with the Sponsor through ownership by the Sponsor which is authorized by the Board of Directors of the Sponsor to adopt the Plan, and which subsequently adopts the Plan in writing.

Adopting Employer means any entity which adopts this Plan with the consent of the Sponsoring Employer. In addition to all other terms and conditions in the Plan, Adopting Employers will be, and must comply with, the terms and conditions set forth in Article 10. If the Plan is utilizing a standardized Adoption Agreement, then any Affiliated Employer is automatically considered to be an Adopting Employer. If the Plan is utilizing a non-standardized Adoption Agreement, then an Affiliated Employer is not considered an Adopting Employer unless such Affiliated Employer has specifically adopted the Plan.