Common use of Fail-Safe Coverage Provision Clause in Contracts

Fail-Safe Coverage Provision. [This selection #74 must be checked to apply the Fail-Safe Coverage Provision under Section 2.6 of the BPD.] þ a. The Fail-Safe Coverage Provision described in Section 2.6 of the BPD applies without modification. o b. The Fail-Safe Coverage Provisions described in Section 2.6 of the BPD applies with the following modifications: o (1 ) The special rule for Top-Heavy Plans under Section 2.6(a) of the BPD does not apply. o (2 ) The Fail-Safe Coverage Provision is based on Included Compensation as described under Section 2.6(d) of the BPD.

Fail-Safe Coverage Provision. [This selection #74 must be checked to apply the Fail-Safe Coverage Provision under Section 2.6 of the BPD.] þ a. The Fail-Safe Coverage Provision described in Section 2.6 of the BPD applies without modification. o b. The Fail-Safe Coverage Provisions described in Section 2.6 of the BPD applies with the following modifications: o (1 1) The special rule for Top-Heavy Plans under Section 2.6(a) of the BPD does not apply. o (2 2) The Fail-Safe Coverage Provision is based on Included Compensation as described under Section 2.6(d) of the BPD.