Common use of BASIC DEFINITION Clause in Contracts

BASIC DEFINITION. For Plan Years beginning on or after January 1, 1989, the following definition of Compensation shall apply: As elected by the Employer in the Adoption Agreement (and if no election is made, W-2 wages will be deemed to have been selected), Compensation shall mean one of the following:

Appears in 2 contracts

Sources: Adoption Agreement (Bradford Funds Inc), Qualified Retirement Plan and Trust (Meritage Hospitality Group Inc /Mi/)