Common use of Former Key Employees Clause in Contracts

Former Key Employees. The Plan Administrator will exclude the Account Balance (and distributions, if any, of the Account Balance) of any Non-Key Employee who was formerly a Key Employee.

Appears in 1 contract

Sources: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp)

Former Key Employees. The Plan Administrator will exclude the Account Balance (and distributions, if any, of the Account Balance) of any Non-Key Non‑Key Employee who was formerly a Key Employee.

Appears in 1 contract

Sources: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)