Common use of Across Employer lines Clause in Contracts

Across Employer lines. To all Participants regardless of which Employer directly employs them and regardless of whether their direct Employer made Nonelective Contributions for the Plan Year. [Note: The Employer should not elect 28(g) unless there are Related Employers which are also Participating Employers. See Section 1.23(D) and Election 27(d). If the Employer elects 28(g)(2)a., the Employer should also elect 11(b)(8)b., to disregard the Compensation paid by "Y" Participating Employer in determining the allocation of the "X" Participating Employer contribution to a Participant (and vice versa) who receives Compensation from both X and Y. If the Employer elects 28(g)(2)b., the Employer should not elect 11(b)(8)b. Election 28(g)(2)a. does not apply to Safe Harbor Nonelective Contributions.]

Appears in 4 contracts

Samples: Participation Agreement (Nci Building Systems Inc), Defined Contribution Prototype and Volume Submitter Plan and Trust, Premiere Global Services, Inc.

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Across Employer lines. To all Participants regardless of which Employer directly employs them and regardless of whether their direct Employer made Nonelective Contributions for the Plan Year. [Note: The Unless the Plan is a Multiple Employer Plan, the Employer should not elect 28(g) unless there are Related Employers which are also Participating Employers. See Section 1.23(D1.24(D) and Election 27(d). If the Employer elects 28(g)(2)a., the Employer should also elect 11(b)(8)b.11(k)(2), to disregard the Compensation paid by "Y" Participating Employer in determining the allocation of the "X" Participating Employer contribution to a Participant (and vice versa) who receives Compensation from both X and Y. If the Employer elects 28(g)(2)b., the Employer should not elect 11(b)(8)b11(k)(2). Election 28(g)(2)a. does not apply to Safe Harbor Nonelective Contributions.]

Appears in 4 contracts

Samples: Savings and Retirement Plan (Fossil Group, Inc.), Penske Automotive Group, Inc., Adoption Agreement

Across Employer lines. To all Participants regardless of which Employer directly employs them and regardless of whether their direct Employer made Nonelective Contributions for the Plan Year. [Note: The Employer should not elect 28(g) unless there are Related Employers which are also Participating Employers. See Section 1.23(D) and Election 27(d). If the Employer elects 28(g)(2)a., the Employer should also elect 11(b)(8)b., to disregard the Compensation paid by "Y" Participating Employer in determining the allocation of the "X" Participating Employer contribution to a Participant (and vice versa) who receives Compensation from both X and Y. If the Employer elects 28(g)(2)b., the Employer should not elect 11(b)(8)b. Election 28(g)(2)a. does not apply to Safe Harbor Nonelective Contributions.]

Appears in 2 contracts

Samples: Adoption Agreement (Knowles Corp), PPD Adoption Agreement (Simpson Manufacturing Co Inc /Ca/)

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Across Employer lines. To all Participants regardless of which Employer directly employs them and regardless of whether their direct Employer made Nonelective Contributions for the Plan Year. [Note: The Unless the Plan is a Multiple Employer Plan, the Employer should not elect 28(g28(h) unless there are Related Employers which are also Participating Employers. See Section 1.23(D) and Election 27(d). If the Employer elects 28(g)(2)a28(h)(2)a., the Employer should also elect 11(b)(8)b., to disregard the Compensation paid by "Y" Participating Employer in determining the allocation of the "X" Participating Employer contribution to a Participant (and vice versa) who receives Compensation from both X and Y. If the Employer elects 28(g)(2)b28(h)(2)b., the Employer should not elect 11(b)(8)b. Election 28(g)(2)a28(h)(2)a. does not apply to Safe Harbor Nonelective Contributions.]

Appears in 2 contracts

Samples: Participation Agreement (Caterpillar Inc), Defined Contribution Prototype and Volume Submitter Plan and Trust

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