Dissolution/Bankruptcy. The Plan may be terminated and liquidated within 12 months of a corporate dissolution taxed under Code §331, or with the approval of a bankruptcy court pursuant to 11 U.S.C. §503(b)(1)(A), provided that the amounts deferred under the Plan are included in the Participants’ gross incomes in the latest of:
Appears in 3 contracts
Samples: Adoption Agreement (AVITA Medical, Inc.), Adoption Agreement (Beacon Roofing Supply Inc), Adoption Agreement (Royal Gold Inc)
Dissolution/Bankruptcy. The Plan may be terminated and liquidated within 12 months of a corporate dissolution taxed under Code §section 331, or with the approval of a bankruptcy court pursuant to 11 U.S.C. §503(b)(1)(A), provided that the amounts deferred under the Plan are included in the Participants’ gross incomes in the latest of:
Appears in 1 contract
Samples: Adoption Agreement (Innovative Industrial Properties Inc)