Examples of Participating Employers in a sentence
The Administrator shall have authority to make any and all necessary rules or regulations, binding upon all Participating Employers and all Participants, to effectuate the purpose of this Article.
Nothing contained in this Plan, and no action taken pursuant to its provisions, shall create or be construed to create a trust of any kind, or a fiduciary relationship, between the Participating Employers and any Employee, spouse, or Beneficiary.
No Participant, spouse or Beneficiary shall have any right, title or interest whatever in assets of the Participating Employers.
The Participating Employers make no representations or warranties as to the tax consequences to a Participant or a Participant’s beneficiaries resulting from a deferral of income pursuant to the Plan.
In the event an Employee is transferred between Participating Employers, accumulated service and eligibility shall be carried with the Employee involved.