Common use of MATTERS RELATING TO INSURANCE A Clause in Contracts

MATTERS RELATING TO INSURANCE A. If a life insurance policy is to be purchased for a Participant, the aggregate premium for certain life insurance for each Participant must be less than a certain percentage of the aggregate Employer Contributions and Forfeitures allocated to a Participant's Individual Account at any particular time as follows:

Appears in 7 contracts

Samples: Basic Plan (Tri Continental Corp), Exhibit 99 (Peabody Energy Corp), Qualified Retirement Plan And (Meritage Hospitality Group Inc /Mi/)

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MATTERS RELATING TO INSURANCE A. If a life insurance policy is to be purchased for a Participant, the aggregate premium for certain life insurance for each Participant must be less than a certain percentage Percentage of the aggregate Employer Contributions and Forfeitures allocated to a Participant's Individual Account at any particular time as follows:

Appears in 1 contract

Samples: Bradford Funds Inc

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