Common use of Employee Class Exclusions Clause in Contracts

Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §1.410(b)-9 of the Regulations. For this purpose, the term “employee representative” does not include any organization more than half of whose members are owners, officers, or executives of the Employer.

Appears in 6 contracts

Samples: Prototype Defined Contribution Plan (United Community Bancorp), Prototype Defined Contribution Plan (FNB United Corp.), Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.)

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Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §1.410(b)-9 ss.1.410(b)-9 of the Regulations. For this purpose, the term "employee representative" does not include any organization more than half of whose members are owners, officers, or executives of the Employer.

Appears in 2 contracts

Samples: Nonstandardized Adoption Agreement (Jda Software Group Inc), Nonstandardized Adoption Agreement (CRH Public LTD Co)

Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the that agreement are professionals as defined in §1.410(b)-9 of the RegulationsRegulations Section 1.410(b)-9. For this purpose, the term "employee representative" does not include any organization more than half of whose members are owners, officers, officers or executives of the Employer.

Appears in 2 contracts

Samples: Standardized Adoption Agreement (Socket Communications Inc), Standardized Adoption Agreement (Thomasville Bancshares Inc)

Employee Class Exclusions. 1. Employees 1.Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits benefits, were the subject of good faith bargaining and if two percent or less of the Employees who are covered pursuant to the that agreement are professionals as defined in §1.410(b)-9 of the RegulationsRegulations Section 1.410(b)-9. For this purpose, the term "employee representative" does not include any organization more than half of whose members are Employees who are owners, officers, or executives of the Employer.

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (First Farmers & Merchants Corp)

Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §1.410(b)-9 of the Regulations, unless participation in this Plan is specifically provided for in the collective bargaining agreement. For this purpose, the term “employee representative” does not include any organization more than half of whose members are owners, officers, or executives of the Employer.

Appears in 1 contract

Samples: Willis Group Holdings LTD

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Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §1.410(b)-9 of the Regulations. For this purpose, the term “employee representative” does not include any organization more than half of whose members are owners, officers, or executives of the Employerbargaining.

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc)

Employee Class Exclusions. 1. Employees included in a unit of Employees covered by a collective bargaining agreement between the Employer and Employee Representatives, if benefits were the subject of good faith bargaining and if two percent or less of the Employees are covered pursuant to the agreement are professionals as defined in §Section 1.410(b)-9 of the Regulations. For this purpose, the term "employee representative" does not include any organization more than half of whose members are owners, officers, or executives of the Employer.

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

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