Controlled Group Member Sample Clauses
The Controlled Group Member clause defines which entities are considered part of a group under common control, typically for regulatory, tax, or benefit plan purposes. It usually applies to corporations, partnerships, or other organizations that share a certain level of ownership or control, such as 80% or more of voting power or value. This clause ensures that obligations, liabilities, or benefits are properly attributed to all relevant entities within the group, preventing circumvention of rules or limits by dividing operations among related companies.
POPULAR SAMPLE Copied 1 times
Controlled Group Member. The sum of the Participant's Defined Benefit Fraction and the Participant's Defined Contribution Fraction may not exceed 1.0. If necessary, the Annual Addition which may be credited under this Plan for any Limitation Year will be reduced in accordance with Section I.B of the Addendum to the Adoption Agreement.
Controlled Group Member. Controlled group member means the Employer and each member of a controlled group of corporations (as defined in Code § 414(b) and as modified by Code § 415(h)), all commonly controlled trades or businesses (as defined in Code § 414(c) and as modified by Code § 415(h)), affiliated service groups (as defined in Code § 414(m)) of which the Employer is a part and other organizations required to be aggregated for this purpose under Code § 414(o).
Controlled Group Member. 45 Affiliate..................................2 Copyrights..................................8 Agreement..................................1 Deductible.................................72
Controlled Group Member. 4 Copyrights................................................... 9 Counsel...................................................... 95 COVID-19................................................... 4 COVID-19 Assistance............................... 52 COVID-19 Measures.................................. 4 Current Assets............................................. 5 Current Income Taxes................................. 5
Controlled Group Member. 15 D DGCL................................................2 E