Common use of Initial Participation Clause in Contracts

Initial Participation. This Plan shall be available to the Employees of an Employer only if the Employer has executed an Adoption Agreement and provided the Board with such information as the Board deems necessary to administer the Plan on behalf of the Employer. CalPERS, in its sole discretion, will decide whether an Employer may participate in this Plan.‌

Initial Participation. This Plan shall be available to the Employees of an Employer only if the Employer has executed an Adoption Agreement and Agreementand provided the Board with such information as the Board deems necessary to administer the Plan on behalf of the Employer. CalPERS, in its sole discretion, will decide whether an Employer may participate in this Plan.‌