Common use of Benefit Accruals Clause in Contracts

Benefit Accruals. The benefit accrual provisions under Section D-2.01(b) of the Plan do not apply. To apply the benefit accrual provisions under Section D-2.01(b) of the Plan, check the box below. □ Eligibility for Plan benefits. Check this box if the Plan will provide the benefits described in Section D-2.01(b) of the Plan. If this box is checked, an individual who dies or becomes disabled in qualified military service will be treated as reemployed for purposes of determining entitlement to benefits under the Plan.

Appears in 1 contract

Sources: Volume Submitter Money Purchase Plan Adoption Agreement

Benefit Accruals. The benefit accrual provisions under Section D-2.01(b) 15.06 of the Plan do not apply. To apply the benefit accrual provisions under Section D-2.01(b) of the Plan15.06, check the box below. Eligibility for Plan benefits. Check this box if the Plan will provide the benefits described in Section D-2.01(b) 15.06 of the Plan. If this box is checked, an individual who dies or becomes disabled in qualified military service will be treated as reemployed for purposes of determining entitlement to benefits under the Plan.

Appears in 1 contract

Sources: Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement

Benefit Accruals. The benefit accrual provisions under Section D-2.01(bB-2.01(b) of the Plan do not apply. To apply the benefit accrual provisions under Section D-2.01(bB-2.01(b) of the Plan, check the box below. ¨ Eligibility for Plan benefits. Check this box if the Plan will provide the benefits described in Section D-2.01(bB-2.01(b) of the Plan. If this box is checked, an individual who dies or becomes disabled in qualified military service will be treated as reemployed for purposes of determining entitlement to benefits under the Plan.

Appears in 1 contract

Sources: 403(b) Plan Adoption Agreement