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: Unless the Plan is a Multiple Employer Plan, the Employer should not elect 21(h) unless there are Related Employers which are also Participating Employers. See Section 1.23(D) and Election 20(d). If the Employer elects 21(h)(2)a., the Employer should also elect 11(h)(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 21(h)(2)b., the Employer should not elect 11(h)(2).]

Appears in 1 contract

Samples: Defined Contribution Prototype and Volume Submitter Plan and Trust

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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: Unless the Plan is a Multiple Employer Plan, the The Employer should not elect 21(h21(g) unless there are Related Employers which are also Participating Employers. See Section 1.23(D) and Election 20(d). If the Employer elects 21(h)(2)a21(g)(2)a., the Employer should also elect 11(h)(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 21(h)(2)b21(g)(2)b., the Employer should not elect 11(h)(2).]

Appears in 1 contract

Samples: Defined Contribution Prototype and Volume Submitter Plan

Across Employer lines. To all Participants regardless of which Employer directly employs them and regardless of whether their direct Employer made Nonelective Employer Contributions for the Plan Year. [Note: Unless the Plan is a Multiple Employer Plan, the Employer should not elect 21(h) unless there are Related Employers which are also Participating Employers. See Section 1.23(D) and Election 20(d20(e). If the Employer elects 21(h)(2)a., the Employer should also elect 11(h)(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 21(h)(2)b., the Employer should not elect 11(h)(2).]

Appears in 1 contract

Samples: Defined Contribution Prototype and Volume Submitter Plan and Trust

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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: Unless the Plan is a Multiple Employer Plan, the Employer should not elect 21(h) unless there are Related Employers which are also Participating Employers. See Section 1.23(D) and Election 20(d). If the Employer elects 21(h)(2)a., the Employer should also elect 11(h)(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. X. If the Employer elects 21(h)(2)b., the Employer should not elect 11(h)(2).]

Appears in 1 contract

Samples: Defined Contribution Prototype and Volume Submitter Plan and Trust

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