Common use of Leased Employees Clause in Contracts

Leased Employees. The law requires you to state how your plan would treat a leased employee who could become a participant, even if you don't intend to ever lease employees. Choose option (a) covering the employee without regard to the leasing company's plan or option (b) the reduction method. Usually Option (b)(1) is chosen.

Appears in 22 contracts

Samples: Adoption Agreement (Invesco Growth Fund Inc /Co/), Adoption Agreement (Invesco Strategic Portfolios Inc), Adoption Agreement (Invesco Tax Free Income Funds Inc)

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Leased Employees. The law requires you to state how your plan would treat a leased employee who could become a participant, even if you don't intend to ever lease employees. Choose option (a) covering the employee without regard to the leasing company's plan or option (b) the reduction method. Usually Option (b)(1b) is chosen.

Appears in 6 contracts

Samples: Adoption Agreement (Invesco Growth Fund Inc /Co/), Adoption Agreement (Invesco International Funds Inc), Adoption Agreement (Invesco Income Funds Inc)

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